'Operating loss of 8.8 billion' T1, sales increased but financial burden increased

T1's 2024 sales increased 49.4% year-over-year to KRW 49 billion, and operating loss decreased to KRW 8.8 billion. However, total liabilities increased 127.5% to KRW 37 billion, total equity decreased to KRW 2.4 billion, and the debt ratio rose to 1,559.1%. T1 Esports US investment shares were fully impaired, and major customer sales increased 31.6% to KRW 5 billion. Club operating expenses increased 19.02% to KRW 24.4 billion.