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STIC Investments (026890) investor relations material
STIC Investments Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved GAAP net income attributable to common shareholders of KRW 3,655mm in 1Q 2026, reversing a loss of KRW 4,436mm in 1Q 2025.
1Q'26 LTM Fee Related Earnings (FRE) rose 30.6% YoY to KRW 20,335mm; Total Segment Earnings (TSE) up 2.6% YoY to KRW 19,179mm.
Distributable Earnings (DE) for 1Q'26 LTM declined 22.0% YoY to KRW 13,594mm.
Assets Under Management (AUM) decreased 3.3% YoY to KRW 9,698,226mm, while Fee Paying AUM (FPAUM) increased 6.5% YoY to KRW 7,049,645mm.
Financial highlights
Management fees for 1Q'26 were KRW 14,851mm, down 5.9% YoY; incentive fees increased to KRW 15,421mm.
Operating profit for 1Q'26 was KRW 4,582mm, compared to a loss of KRW 5,666mm in 1Q'25.
Net income per share for 1Q'26 was KRW 101, compared to a loss per share of KRW 122 in 1Q'25.
1Q'26 LTM capital invested was KRW 1,242,108mm, down 17.7% YoY; new capital raised was KRW 971,187mm, up 12.1% YoY.
Outlook and guidance
Plans to maintain a flexible shareholder return policy, prioritizing internal growth and capital reinvestment over cash dividends.
Focus on maximizing total shareholder return through share buybacks, cancellations, and reinvestment.
- 2Q24 saw stable AUM but a net loss due to valuation declines; dividends continued to increase.026890
Q2 202411 Jun 2026 - AUM grew 9.1% and FRE surged, but earnings and capital raising declined amid market headwinds.026890
Q4 202411 Jun 2026 - FRE grew 27.5% YoY, but net income turned negative and TSE declined sharply.026890
Q1 202511 Jun 2026 - 2Q 2025 saw a return to profitability, higher AUM, and robust fee growth, despite mixed segment results.026890
Q2 202511 Jun 2026 - Net income reached KRW 3,492mm in 3Q 2025, with AUM up 9.4% YoY to KRW 10.47tn.026890
Q3 202511 Jun 2026 - 2025 net income surged to KRW 15,043mm, with AUM up 1.4% and no cash dividend declared.026890
Q4 202511 Jun 2026
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Next STIC Investments earnings date
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