WEBTOON Entertainment Inc. (WBTN)
NASDAQ: WBTN · Real-Time Price · USD
9.35
-0.37 (-3.76%)
Mar 9, 2026, 1:52 PM EDT - Market open
WEBTOON Entertainment Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 |
| Revenue | 1,383 | 1,348 | 1,283 | 1,079 |
| Revenue Growth (YoY) | 2.54% | 5.12% | 18.84% | - |
| Cost of Revenue | 1,061 | 1,009 | 987.26 | 806.38 |
| Gross Profit | 322.18 | 339.07 | 295.49 | 273.01 |
| Selling, General & Admin | 386.29 | 406.96 | 323.09 | 378.13 |
| Operating Expenses | 386.29 | 406.96 | 323.09 | 378.13 |
| Operating Income | -64.11 | -67.89 | -27.6 | -105.12 |
| Interest Expense | -0.06 | -0.05 | -0.08 | -0.84 |
| Interest & Investment Income | 19.17 | 18.46 | 3.01 | 1.17 |
| Earnings From Equity Investments | 1.28 | -1.12 | -12.34 | -4.69 |
| Currency Exchange Gain (Loss) | -0.63 | -2.1 | -7.59 | -12.04 |
| Other Non Operating Income (Expenses) | 0.02 | 1.69 | -1.34 | 2.75 |
| EBT Excluding Unusual Items | -44.32 | -51.01 | -45.94 | -118.78 |
| Impairment of Goodwill | -335.51 | -69.74 | -63.41 | - |
| Gain (Loss) on Sale of Investments | -8.61 | 2.26 | -22.59 | 0.62 |
| Gain (Loss) on Sale of Assets | - | -0.81 | -0.82 | - |
| Asset Writedown | -0.98 | - | - | - |
| Other Unusual Items | - | -30 | - | - |
| Pretax Income | -389.41 | -149.31 | -132.75 | -118.15 |
| Income Tax Expense | -16.02 | 3.6 | 12.01 | 14.37 |
| Earnings From Continuing Operations | -373.39 | -152.91 | -144.76 | -132.52 |
| Minority Interest in Earnings | 27.46 | 9.01 | 28.3 | 2.65 |
| Net Income | -345.93 | -143.91 | -116.46 | -129.87 |
| Preferred Dividends & Other Adjustments | 0.21 | -0.12 | -0.21 | - |
| Net Income to Common | -346.13 | -143.78 | -116.25 | -129.87 |
| Shares Outstanding (Basic) | 130 | 119 | 110 | 107 |
| Shares Outstanding (Diluted) | 130 | 119 | 110 | 107 |
| Shares Change (YoY) | 9.18% | 8.88% | 2.82% | - |
| EPS (Basic) | -2.66 | -1.21 | -1.06 | -1.22 |
| EPS (Diluted) | -2.66 | -1.21 | -1.06 | -1.22 |
| Free Cash Flow | 3.6 | 15.48 | 4.61 | -143.3 |
| Free Cash Flow Per Share | 0.03 | 0.13 | 0.04 | -1.35 |
| Gross Margin | 23.30% | 25.14% | 23.04% | 25.29% |
| Operating Margin | -4.64% | -5.04% | -2.15% | -9.74% |
| Profit Margin | -25.03% | -10.66% | -9.06% | -12.03% |
| Free Cash Flow Margin | 0.26% | 1.15% | 0.36% | -13.28% |
| EBITDA | -30.28 | -31.72 | 8.26 | -72.29 |
| EBITDA Margin | -2.19% | -2.35% | 0.64% | -6.70% |
| D&A For EBITDA | 33.83 | 36.17 | 35.86 | 32.84 |
| EBIT | -64.11 | -67.89 | -27.6 | -105.12 |
| EBIT Margin | -4.64% | -5.04% | -2.15% | -9.74% |
| Advertising Expenses | 67 | 36.6 | 28.3 | 70.9 |
Source: S&P Capital IQ. Standard template. Financial Sources.