Earnings Release2026-05-15

Raphas Q1 2026 Revenue Decline

RAP

라파스

214260

-0.35

Signal Score

48CNeutral
Score48 / 100

Historical Avg Return (5d)

-0.18%

Data Coverage

100%n=3385

Risk-adjusted indicator based on 3385 historical DART filings. For informational purposes only — not investment advice.

Financial Impact

NEGATIVE

Key Numbers

  • • Q1 2026 Revenue: 3,663M KRW
  • • Q1 2025 Revenue: 4,398M KRW
  • • Revenue Decrease: 735M KRW YoY
  • • Debt-to-Equity Ratio (Q1 2026): 142%
  • • Debt-to-Equity Ratio (Q4 2025): 144%

AI Analysis Summary

Raphas Co., Ltd. reported a revenue of 3,663M KRW for Q1 2026, a decrease from 4,398M KRW in Q1 2025, indicating a 16.7% YoY decline. This was primarily driven by a significant drop in domestic sales of its own brand (ACROPASS), which fell from 1,794M KRW to 580M KRW. While ODM exports increased slightly, overall micro-needle sales decreased. The company's debt-to-equity ratio improved marginally from 144% (Q4 2025) to 142% (Q1 2026). The company is actively developing GLP-1 obesity/diabetes treatment patches and other medical patches, with GLP-1 Phase 1 trials completed in March 2025, aiming for future growth in the medical patch market. However, current financial performance shows a negative trend.

How This Event Is Evaluated

Earnings Evaluation

Earnings events are evaluated by comparing profitability, growth, margin direction, and one-off factors against market expectations.

AI is used to interpret disclosures and extract structured data.

Signal scores are generated using event-specific methodologies and quantitative models.

  • Revenue and profit growth
  • Operating margin direction
  • Net income quality
  • One-off gains or losses
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This content is for informational purposes only and does not constitute investment advice. Past signal patterns do not guarantee future results. All data is sourced from public DART filings.

AI-processed analysis. Based on: 분기보고서 (2026.03). Source: Financial Supervisory Service (금융감독원 전자공시시스템). Raw government data is not redistributed. Not investment advice.