SIMMTECH (222800) Q3 2026 earnings summary

Executive summary

• 9M revenue reached ₩1,472,870m, operating income ₩178,387m and net income ₩84,872m, versus a net loss in 9M 2025; Q3 revenue was ₩535,934m and operating income ₩100,313m.

• Results reflected growth in both Module PCB and Package Substrate sales, with Package Substrate contributing 75.0% of 9M revenue.

Financial highlights

• 9M 2026 revenue was ₩1,472,870m versus ₩1,017,204m; operating income was ₩178,387m versus ₩1,609m, and net income was ₩84,872m versus a ₩47,817m net loss.

• Q3 revenue was ₩535,934m versus ₩372,839m; operating income was ₩100,313m versus ₩1,609m, and net income was ₩25,482m versus ₩6,702m.

• 9M basic EPS was ₩2,223 and diluted EPS ₩2,126, compared with losses per share of ₩1,490 in 9M 2025.

• Gross profit was ₩278,700m for 9M 2026 versus ₩87,447m in 9M 2025.

Outlook and guidance

• Strategic priorities include expanding higher-value FC-CSP and SiP substrates and growing AI-server PCB products, including RDIMM, MRDIMM and SOCAMM.

• The outlook is supported by increasing demand for high-performance memory module PCBs and advanced substrates tied to AI, HPC and cloud data-center investment.