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INCAR FINANCIAL SERVICE (211050) investor relations material
INCAR FINANCIAL SERVICE Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q1 2026 was KRW 301.2 billion, up 30.9% year-over-year, driven by growth in long-term non-life and life insurance commissions.
Net income attributable to owners was KRW 22.5 billion, with EPS of KRW 457, both showing significant improvement from the prior year.
The company completed the absorption of its 100% subsidiary Dream Life in May 2026 to expand its nationwide sales network and enhance operational efficiency.
Financial highlights
Q1 2026 consolidated revenue: KRW 301.2 billion (+30.9% YoY).
Operating income: KRW 26.0 billion (+23.0% YoY).
Net income: KRW 22.5 billion (+42.5% YoY).
Gross margin: 17.4% (up from 16.7% YoY).
Cash and cash equivalents at period end: KRW 40.9 billion.
Outlook and guidance
The company maintains a stable dividend policy, with a cash dividend payout ratio of 25.2% for the most recent period.
Management expects continued growth in insurance commission revenue, supported by an expanded sales network and ongoing digital transformation.
- Revenue up 61.8% YoY to 396.4B KRW in H1 2024; net income 27.5B KRW; 1:5 stock split completed.211050
Q2 202419 May 2026 - Q3 revenue up 60.9% YoY, net income up 145.8%, and a 1:5 stock split completed.211050
Q3 202419 May 2026 - 2024 saw record revenue and profit growth, a stock split, and robust financial health.211050
Q4 202419 May 2026 - Q1 2025 revenue grew 23.2% year-over-year to ₩230.1 billion, with net income up 24.3%.211050
Q1 202519 May 2026 - H1 2025 revenue grew 18.3% YoY to 468.9B KRW, with net income at 33.0B KRW and strong margins.211050
Q2 202519 May 2026 - Revenue up 17.1% YoY to ₩739.7B, net income ₩54.2B, debt ratio 348%.211050
Q3 202519 May 2026 - 2005 revenue rose 22.9% year-over-year, with robust net income and stable capital structure.211050
Q4 202519 May 2026
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