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WEBTOON Entertainment (WBTN) Financials

WEBTOON Entertainment logo
$9.68 +0.11 (+1.15%)
Closing price 07/18/2025 04:00 PM Eastern
Extended Trading
$9.46 -0.22 (-2.26%)
As of 07/18/2025 07:04 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for WEBTOON Entertainment

Annual Income Statements for WEBTOON Entertainment

This table shows WEBTOON Entertainment's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders
-130 -116 -144
Consolidated Net Income / (Loss)
-133 -145 -153
Net Income / (Loss) Continuing Operations
-133 -145 -153
Total Pre-Tax Income
-118 -133 -149
Total Operating Income
-115 -36 -101
Total Gross Profit
273 295 339
Total Revenue
1,079 1,283 1,348
Operating Revenue
1,079 1,283 1,348
Total Cost of Revenue
806 987 1,009
Operating Cost of Revenue
806 987 1,009
Total Operating Expenses
388 332 440
Selling, General & Admin Expense
208 211 332
Marketing Expense
180 121 108
Total Other Income / (Expense), net
-3.44 -96 -49
Interest Expense
0.84 0.08 0.05
Interest & Investment Income
-3.53 -9.33 15
Other Income / (Expense), net
0.94 -87 -63
Income Tax Expense
14 12 3.60
Net Income / (Loss) Attributable to Noncontrolling Interest
-2.65 -28 -9.01
Basic Earnings per Share
($1.22) ($1.06) ($1.21)
Weighted Average Basic Shares Outstanding
106.50M 109.51M 119.23M
Diluted Earnings per Share
($1.22) ($1.06) ($1.21)
Weighted Average Diluted Shares Outstanding
106.50M 109.51M 119.23M
Weighted Average Basic & Diluted Shares Outstanding
- - 128.86M

Quarterly Income Statements for WEBTOON Entertainment

This table shows WEBTOON Entertainment's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025
Period end date 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-20 -11 6.19 -77 20 -22
Consolidated Net Income / (Loss)
-20 -11 6.23 -77 20 -22
Net Income / (Loss) Continuing Operations
-20 -11 6.23 -77 20 -22
Total Pre-Tax Income
-8.55 -5.52 13 -75 10 -19
Total Operating Income
-5.47 -6.75 14 -79 -8.09 -27
Total Gross Profit
81 72 82 83 91 72
Total Revenue
321 318 327 321 348 326
Operating Revenue
321 318 327 321 348 326
Total Cost of Revenue
240 246 244 238 257 254
Operating Cost of Revenue
240 246 244 238 257 254
Total Operating Expenses
87 79 68 162 99 98
Selling, General & Admin Expense
53 46 49 139 67 67
Marketing Expense
33 33 19 23 33 32
Total Other Income / (Expense), net
-3.08 1.23 -1.29 4.44 18 7.21
Interest Expense
0.02 0.02 0.03 0.01 0.00 0.00
Interest & Investment Income
3.03 1.97 0.18 2.16 6.37 4.54
Other Income / (Expense), net
-6.09 -0.72 -1.44 2.28 12 2.67
Income Tax Expense
11 5.93 6.67 1.91 -9.90 2.55
Net Income / (Loss) Attributable to Noncontrolling Interest
0.74 -0.55 0.04 0.63 0.47 0.42
Basic Earnings per Share
($0.18) ($0.10) $0.06 ($0.70) $0.15 ($0.17)
Weighted Average Basic Shares Outstanding
109.51M 109.51M 109.51M 110.10M 128.33M 129.60M
Diluted Earnings per Share
($0.18) ($0.10) $0.06 ($0.70) $0.15 ($0.17)
Weighted Average Diluted Shares Outstanding
109.51M 109.51M 109.56M 110.10M 130.82M 129.60M
Weighted Average Basic & Diluted Shares Outstanding
- - - 128.27M 128.31M 130.19M

Annual Cash Flow Statements for WEBTOON Entertainment

This table details how cash moves in and out of WEBTOON Entertainment's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents
139 -48 341
Net Cash From Operating Activities
-141 15 18
Net Cash From Continuing Operating Activities
-141 15 18
Net Income / (Loss) Continuing Operations
-133 -145 -153
Consolidated Net Income / (Loss)
-133 -145 -153
Depreciation Expense
35 38 40
Non-Cash Adjustments To Reconcile Net Income
32 119 176
Changes in Operating Assets and Liabilities, net
-75 2.26 -45
Net Cash From Investing Activities
-51 -52 -17
Net Cash From Continuing Investing Activities
-51 -52 -17
Purchase of Property, Plant & Equipment
-2.70 -10 -2.40
Acquisitions
-33 -13 -20
Purchase of Investments
-29 -8.70 -1.00
Sale of Property, Plant & Equipment
0.61 0.66 6.50
Divestitures
-0.52 7.43 5.62
Sale and/or Maturity of Investments
17 -17 -6.38
Other Investing Activities, net
-3.00 -11 0.21
Net Cash From Financing Activities
350 -6.50 354
Net Cash From Continuing Financing Activities
350 -6.50 354
Repayment of Debt
-107 -6.34 -3.61
Repurchase of Common Equity
-11 0.00 -11
Payment of Dividends
-14 0.00 0.00
Issuance of Debt
77 0.38 0.00
Issuance of Common Equity
408 0.00 370
Other Financing Activities, net
-2.02 -0.54 -1.10
Effect of Exchange Rate Changes
-20 -4.29 -14
Cash Interest Paid
0.70 0.09 0.09
Cash Income Taxes Paid
29 27 26

Quarterly Cash Flow Statements for WEBTOON Entertainment

This table details how cash moves in and out of WEBTOON Entertainment's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2023 12/31/2023 3/31/2024 9/30/2024 12/31/2024 3/31/2025
Net Change in Cash & Equivalents
25 7.50 -13 13 -13 -22
Net Cash From Operating Activities
48 7.29 24 4.15 -8.66 -19
Net Cash From Continuing Operating Activities
48 7.29 24 4.15 -8.66 -19
Net Income / (Loss) Continuing Operations
-11 -95 6.23 20 -103 -22
Consolidated Net Income / (Loss)
-11 -95 6.23 20 -103 -22
Depreciation Expense
9.18 10 9.04 10 12 8.44
Non-Cash Adjustments To Reconcile Net Income
4.90 102 6.60 14 100 19
Changes in Operating Assets and Liabilities, net
46 -9.83 1.99 -40 -18 -24
Net Cash From Investing Activities
-20 -6.91 -28 -3.92 -6.05 -8.03
Net Cash From Continuing Investing Activities
-20 -6.91 -28 -3.92 -6.05 -8.03
Purchase of Property, Plant & Equipment
-0.51 -0.36 -0.47 -0.63 -1.09 -0.54
Acquisitions
-2.93 -4.04 -8.07 -3.00 -6.34 -2.44
Purchase of Investments
-15 14 -20 -0.33 67 -8.61
Sale of Property, Plant & Equipment
- 0.66 0.00 - 6.50 0.08
Divestitures
-0.02 5.42 -0.36 0.04 0.02 0.00
Sale and/or Maturity of Investments
-0.03 -25 1.13 -0.10 -73 3.45
Other Investing Activities, net
-1.18 2.51 -0.05 0.11 0.07 0.04
Net Cash From Financing Activities
2.35 -0.10 -0.86 18 0.20 0.08
Net Cash From Continuing Financing Activities
2.35 -0.10 -0.86 18 0.20 0.08
Repayment of Debt
0.03 0.39 -0.02 0.01 0.03 0.00
Other Financing Activities, net
2.32 -0.87 -0.84 18 -15 0.08
Effect of Exchange Rate Changes
-6.18 7.23 -8.26 -4.63 1.39 4.33
Cash Income Taxes Paid
- 8.20 12 8.21 1.99 6.83

Annual Balance Sheets for WEBTOON Entertainment

This table presents WEBTOON Entertainment's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2023 2024
Period end date 12/31/2023 12/31/2024
Total Assets
1,777 1,935
Total Current Assets
493 836
Cash & Equivalents
232 572
Accounts Receivable
172 169
Prepaid Expenses
82 95
Plant, Property, & Equipment, net
12 3.78
Total Noncurrent Assets
1,272 1,095
Long-Term Investments
64 79
Goodwill
779 665
Intangible Assets
220 181
Noncurrent Deferred & Refundable Income Taxes
24 18
Other Noncurrent Operating Assets
185 153
Total Liabilities & Shareholders' Equity
1,777 1,935
Total Liabilities
429 379
Total Current Liabilities
316 313
Accounts Payable
127 127
Accrued Expenses
63 62
Current Deferred & Payable Income Tax Liabilities
9.46 10
Current Employee Benefit Liabilities
5.56 11
Other Taxes Payable
7.34 8.34
Other Current Liabilities
99 94
Total Noncurrent Liabilities
113 66
Noncurrent Deferred & Payable Income Tax Liabilities
61 30
Noncurrent Employee Benefit Liabilities
23 22
Other Noncurrent Operating Liabilities
29 13
Commitments & Contingencies
0.00 0.00
Redeemable Noncontrolling Interest
41 37
Total Equity & Noncontrolling Interests
1,306 1,520
Total Preferred & Common Equity
1,249 1,472
Total Common Equity
1,249 1,472
Common Stock
1,667 2,104
Retained Earnings
-363 -507
Accumulated Other Comprehensive Income / (Loss)
-55 -125
Noncontrolling Interest
57 48

Quarterly Balance Sheets for WEBTOON Entertainment

This table presents WEBTOON Entertainment's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2024 Q3 2024 Q1 2025
Period end date 6/30/2024 9/30/2024 3/31/2025
Total Assets
2,029 2,126 1,937
Total Current Assets
826 881 820
Cash & Equivalents
572 586 550
Accounts Receivable
173 190 174
Prepaid Expenses
- - 96
Plant, Property, & Equipment, net
9.41 8.33 3.83
Total Noncurrent Assets
1,193 1,236 1,113
Long-Term Investments
79 84 79
Goodwill
741 760 669
Intangible Assets
194 198 178
Noncurrent Deferred & Refundable Income Taxes
24 15 17
Other Noncurrent Operating Assets
155 180 170
Total Liabilities & Shareholders' Equity
2,029 2,126 1,937
Total Liabilities
418 415 384
Total Current Liabilities
342 354 312
Accounts Payable
121 111 133
Accrued Expenses
88 96 59
Current Deferred & Payable Income Tax Liabilities
9.74 7.18 7.14
Current Employee Benefit Liabilities
- 4.48 12
Other Taxes Payable
- - 5.01
Other Current Liabilities
124 135 97
Total Noncurrent Liabilities
76 61 72
Noncurrent Deferred & Payable Income Tax Liabilities
52 27 29
Noncurrent Employee Benefit Liabilities
20 - 22
Other Noncurrent Operating Liabilities
4.52 34 21
Commitments & Contingencies
0.00 0.00 0.00
Redeemable Noncontrolling Interest
42 42 37
Total Equity & Noncontrolling Interests
1,569 1,669 1,516
Total Preferred & Common Equity
1,515 1,615 1,468
Total Common Equity
1,515 1,615 1,468
Common Stock
2,053 2,094 2,115
Retained Earnings
-434 -414 -530
Accumulated Other Comprehensive Income / (Loss)
-104 -65 -118
Noncontrolling Interest
54 54 48

Annual Metrics And Ratios for WEBTOON Entertainment

This table displays calculated financial ratios and metrics derived from WEBTOON Entertainment's official financial filings.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Growth Metrics
- - -
Revenue Growth
0.00% 18.84% 5.12%
EBITDA Growth
0.00% -7.51% -45.77%
EBIT Growth
0.00% -8.40% -32.93%
NOPAT Growth
0.00% 68.31% -176.97%
Net Income Growth
0.00% -9.23% -5.63%
EPS Growth
0.00% 13.11% -14.15%
Operating Cash Flow Growth
0.00% 110.53% 20.80%
Free Cash Flow Firm Growth
0.00% 0.00% 106.80%
Invested Capital Growth
0.00% 0.00% -13.68%
Revenue Q/Q Growth
0.00% 0.00% 0.00%
EBITDA Q/Q Growth
0.00% 0.00% 0.00%
EBIT Q/Q Growth
0.00% 0.00% 0.00%
NOPAT Q/Q Growth
0.00% 0.00% 0.00%
Net Income Q/Q Growth
0.00% 0.00% 0.00%
EPS Q/Q Growth
0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00%
Profitability Metrics
- - -
Gross Margin
25.29% 23.04% 25.14%
EBITDA Margin
-7.32% -6.63% -9.19%
Operating Margin
-10.63% -2.83% -7.47%
EBIT Margin
-10.54% -9.62% -12.16%
Profit (Net Income) Margin
-12.28% -11.29% -11.34%
Tax Burden Percent
112.16% 109.04% 102.41%
Interest Burden Percent
103.84% 107.63% 91.06%
Effective Tax Rate
0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% -4.85% -7.21%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 75.07% 10.15%
Return on Net Nonoperating Assets (RNNOA)
0.00% -16.63% -3.32%
Return on Equity (ROE)
0.00% -21.49% -10.53%
Cash Return on Invested Capital (CROIC)
0.00% -204.85% 7.48%
Operating Return on Assets (OROA)
0.00% -6.94% -8.83%
Return on Assets (ROA)
0.00% -8.15% -8.24%
Return on Common Equity (ROCE)
0.00% -19.92% -9.87%
Return on Equity Simple (ROE_SIMPLE)
0.00% -11.59% -10.39%
Net Operating Profit after Tax (NOPAT)
-80 -25 -70
NOPAT Margin
-7.44% -1.98% -5.23%
Net Nonoperating Expense Percent (NNEP)
0.00% -79.93% -17.36%
Return On Investment Capital (ROIC_SIMPLE)
- -1.94% -4.64%
Cost of Revenue to Revenue
74.71% 76.96% 74.86%
SG&A Expenses to Revenue
19.25% 16.43% 24.62%
R&D to Revenue
0.00% 0.00% 0.00%
Operating Expenses to Revenue
35.92% 25.87% 32.61%
Earnings before Interest and Taxes (EBIT)
-114 -123 -164
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-79 -85 -124
Valuation Ratios
- - -
Price to Book Value (P/BV)
0.00 0.25 1.18
Price to Tangible Book Value (P/TBV)
0.00 1.26 2.78
Price to Revenue (P/Rev)
0.29 0.25 1.29
Price to Earnings (P/E)
0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.12 1.30
Enterprise Value to Revenue (EV/Rev)
0.00 0.09 0.87
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 8.22 65.75
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 16.09
Leverage & Solvency
- - -
Debt to Equity
0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00
Financial Leverage
0.00 -0.22 -0.33
Leverage Ratio
0.00 1.32 1.28
Compound Leverage Factor
0.00 1.42 1.16
Debt to Total Capital
0.00% 0.31% 0.00%
Short-Term Debt to Total Capital
0.00% 0.31% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 7.27% 5.42%
Common Equity to Total Capital
0.00% 92.41% 94.58%
Debt to EBITDA
0.00 -0.05 0.00
Net Debt to EBITDA
0.00 3.43 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00
Debt to NOPAT
0.00 -0.17 0.00
Net Debt to NOPAT
0.00 11.46 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00
Altman Z-Score
0.00 0.77 3.13
Noncontrolling Interest Sharing Ratio
0.00% 7.30% 6.29%
Liquidity Ratios
- - -
Current Ratio
0.00 1.56 2.67
Quick Ratio
0.00 1.28 2.37
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
0.00 -1,074 73
Operating Cash Flow to CapEx
-6,734.10% 155.18% 0.00%
Free Cash Flow to Firm to Interest Expense
0.00 -13,599.81 1,623.42
Operating Cash Flow to Interest Expense
-166.60 187.39 397.40
Operating Cash Flow Less CapEx to Interest Expense
-169.07 66.63 488.31
Efficiency Ratios
- - -
Asset Turnover
0.00 0.72 0.73
Accounts Receivable Turnover
0.00 7.47 7.91
Inventory Turnover
0.00 0.00 0.00
Fixed Asset Turnover
0.00 109.71 174.29
Accounts Payable Turnover
0.00 7.75 7.93
Days Sales Outstanding (DSO)
0.00 48.88 46.15
Days Inventory Outstanding (DIO)
0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 47.11 46.06
Cash Conversion Cycle (CCC)
0.00 1.77 0.09
Capital & Investment Metrics
- - -
Invested Capital
0.00 1,049 905
Invested Capital Turnover
0.00 2.45 1.38
Increase / (Decrease) in Invested Capital
0.00 1,049 -144
Enterprise Value (EV)
0.00 122 1,176
Market Capitalization
315 315 1,742
Book Value per Share
$0.00 $11.41 $11.47
Tangible Book Value per Share
$0.00 $2.29 $4.88
Total Capital
0.00 1,352 1,556
Total Debt
0.00 4.25 0.00
Total Long-Term Debt
0.00 0.00 0.00
Net Debt
0.00 -292 -651
Capital Expenditures (CapEx)
2.09 9.54 -4.09
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 -51 -49
Debt-free Net Working Capital (DFNWC)
0.00 181 523
Net Working Capital (NWC)
0.00 177 523
Net Nonoperating Expense (NNE)
52 119 82
Net Nonoperating Obligations (NNO)
0.00 -299 -651
Total Depreciation and Amortization (D&A)
35 38 40
Debt-free, Cash-free Net Working Capital to Revenue
0.00% -3.96% -3.65%
Debt-free Net Working Capital to Revenue
0.00% 14.11% 38.80%
Net Working Capital to Revenue
0.00% 13.78% 38.80%
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
$0.00 $0.00 ($1.21)
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 119.23M
Adjusted Diluted Earnings per Share
$0.00 $0.00 ($1.21)
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 119.23M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 128.86M
Normalized Net Operating Profit after Tax (NOPAT)
-80 -25 -70
Normalized NOPAT Margin
-7.44% -1.98% -5.23%
Pre Tax Income Margin
-10.95% -10.35% -11.07%
Debt Service Ratios
- - -
EBIT to Interest Expense
-134.81 -1,561.32 -3,643.56
NOPAT to Interest Expense
-95.15 -322.16 -1,566.43
EBIT Less CapEx to Interest Expense
-137.29 -1,682.08 -3,552.64
NOPAT Less CapEx to Interest Expense
-97.62 -442.92 -1,475.52
Payout Ratios
- - -
Dividend Payout Ratio
-10.82% 0.00% 0.00%
Augmented Payout Ratio
-19.17% 0.00% -7.29%

Quarterly Metrics And Ratios for WEBTOON Entertainment

This table displays calculated financial ratios and metrics derived from WEBTOON Entertainment's official financial filings.

Metric Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025
Period end date 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025
Growth Metrics
- - - - - -
Revenue Growth
0.00% 0.00% 0.00% 0.10% 9.49% -0.32%
EBITDA Growth
0.00% 0.00% 0.00% -564.70% 701.64% -171.27%
EBIT Growth
0.00% 0.00% 0.00% -564.70% 149.72% -287.94%
NOPAT Growth
0.00% 0.00% 0.00% -1,347.05% -239.18% -371.98%
Net Income Growth
0.00% 0.00% 0.00% -287.69% 274.54% -452.46%
EPS Growth
0.00% 0.00% 0.00% -288.89% 250.00% -383.33%
Operating Cash Flow Growth
0.00% 0.00% 0.00% 0.00% -91.40% -178.19%
Free Cash Flow Firm Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Revenue Q/Q Growth
0.00% -0.90% 0.00% 0.00% 8.39% 0.00%
EBITDA Q/Q Growth
0.00% 114.81% 0.00% 0.00% 117.86% 0.00%
EBIT Q/Q Growth
0.00% 35.38% 0.00% 0.00% 104.83% 0.00%
NOPAT Q/Q Growth
0.00% -23.44% 0.00% 0.00% 71.07% 0.00%
Net Income Q/Q Growth
0.00% 42.02% 0.00% 0.00% 126.10% 0.00%
EPS Q/Q Growth
0.00% 44.44% 0.00% 0.00% 121.43% 0.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 227.47% 0.00% 0.00% -115.48%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% -4.14% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00% 8.48% 0.00%
Profitability Metrics
- - - - - -
Gross Margin
25.31% 22.69% 25.21% 25.88% 26.27% 21.99%
EBITDA Margin
-3.60% 0.54% 6.67% -23.93% 3.94% -4.77%
Operating Margin
-1.70% -2.12% 4.34% -24.64% -2.32% -8.18%
EBIT Margin
-3.60% -2.35% 3.90% -23.93% 1.07% -7.36%
Profit (Net Income) Margin
-6.16% -3.60% 1.91% -23.86% 5.74% -6.75%
Tax Burden Percent
231.02% 207.56% 48.31% 102.55% 198.14% 113.11%
Interest Burden Percent
73.98% 73.88% 101.18% 97.20% 271.67% 81.05%
Effective Tax Rate
0.00% 0.00% 51.69% 0.00% -98.14% 0.00%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00% 0.00% -16.70%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% -15.65%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00% 0.00% 6.34%
Return on Equity (ROE)
0.00% 0.00% 0.00% 0.00% 0.00% -10.36%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)
0.00% 0.00% 0.00% 0.00% 0.00% -5.12%
Return on Assets (ROA)
0.00% 0.00% 0.00% 0.00% 0.00% -4.69%
Return on Common Equity (ROCE)
0.00% 0.00% 0.00% 0.00% 0.00% -9.80%
Return on Equity Simple (ROE_SIMPLE)
0.00% 0.00% 0.00% 0.00% 0.00% -12.34%
Net Operating Profit after Tax (NOPAT)
-3.83 -4.72 6.85 -55 -16 -19
NOPAT Margin
-1.19% -1.49% 2.10% -17.25% -4.60% -5.72%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00% -6.51% 10.76% -1.06%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - -1.23%
Cost of Revenue to Revenue
74.69% 77.31% 74.79% 74.12% 73.73% 78.01%
SG&A Expenses to Revenue
16.67% 14.41% 14.90% 43.21% 19.18% 20.48%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
27.01% 24.81% 20.86% 50.52% 28.59% 30.16%
Earnings before Interest and Taxes (EBIT)
-12 -7.47 13 -77 3.71 -24
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-12 1.71 22 -77 14 -16
Valuation Ratios
- - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 0.23 0.91 0.67
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.59 2.23 1.59
Price to Revenue (P/Rev)
0.00 0.00 0.00 0.00 0.00 0.73
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 0.00 0.86 0.48
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 0.00 0.00 0.00 0.33
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
0.00 0.00 0.00 -0.40 -0.39 -0.41
Leverage Ratio
0.00 0.00 0.00 1.26 1.24 1.25
Compound Leverage Factor
0.00 0.00 0.00 1.22 3.38 1.01
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 5.93% 5.61% 5.48%
Common Equity to Total Capital
0.00% 0.00% 0.00% 94.07% 94.39% 94.52%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
0.00 0.00 0.00 0.00 0.00 2.13
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 5.48%
Liquidity Ratios
- - - - - -
Current Ratio
0.00 0.00 0.00 2.41 2.49 2.63
Quick Ratio
0.00 0.00 0.00 2.18 2.19 2.32
Cash Flow Metrics
- - - - - -
Free Cash Flow to Firm (FCFF)
0.00 0.00 0.00 -1,015 -1,057 -942
Operating Cash Flow to CapEx
0.00% 9,428.96% 5,054.24% 0.00% 653.79% -4,063.62%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 -92,301.75 0.00 -471,050.90
Operating Cash Flow to Interest Expense
0.00 2,676.78 722.91 0.00 0.00 -9,326.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 2,648.39 708.61 0.00 0.00 -9,555.50
Efficiency Ratios
- - - - - -
Asset Turnover
0.00 0.00 0.00 0.00 0.00 0.70
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 0.00 7.76
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.00 0.00 0.00 0.00 352.18
Accounts Payable Turnover
0.00 0.00 0.00 0.00 0.00 7.69
Days Sales Outstanding (DSO)
0.00 0.00 0.00 0.00 0.00 47.06
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 0.00 0.00 0.00 0.00 47.48
Cash Conversion Cycle (CCC)
0.00 0.00 0.00 0.00 0.00 -0.43
Capital & Investment Metrics
- - - - - -
Invested Capital
0.00 0.00 0.00 960 1,041 923
Invested Capital Turnover
0.00 0.00 0.00 0.00 0.00 2.92
Increase / (Decrease) in Invested Capital
0.00 0.00 0.00 960 1,041 923
Enterprise Value (EV)
0.00 0.00 0.00 -213 894 444
Market Capitalization
315 315 315 342 1,467 988
Book Value per Share
$0.00 $0.00 $0.00 $13.76 $12.59 $11.39
Tangible Book Value per Share
$0.00 $0.00 $0.00 $5.27 $5.12 $4.82
Total Capital
0.00 0.00 0.00 1,611 1,711 1,553
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
0.00 0.00 0.00 -651 -669 -629
Capital Expenditures (CapEx)
0.00 0.51 0.47 0.00 0.63 0.46
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 0.00 0.00 -88 -58 -42
Debt-free Net Working Capital (DFNWC)
0.00 0.00 0.00 484 527 508
Net Working Capital (NWC)
0.00 0.00 0.00 484 527 508
Net Nonoperating Expense (NNE)
16 6.73 0.62 21 -36 3.33
Net Nonoperating Obligations (NNO)
0.00 0.00 0.00 -651 -669 -629
Total Depreciation and Amortization (D&A)
0.00 9.18 9.04 0.00 10 8.44
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% -3.13%
Debt-free Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 37.70%
Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 37.70%
Earnings Adjustments
- - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 $0.00 ($0.70) $0.15 ($0.17)
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 0.00 110.10M 128.33M 129.60M
Adjusted Diluted Earnings per Share
$0.00 $0.00 $0.00 ($0.70) $0.15 ($0.17)
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 0.00 110.10M 130.82M 129.60M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 0.00 128.27M 128.31M 130.19M
Normalized Net Operating Profit after Tax (NOPAT)
-3.83 -4.72 9.93 -55 -5.66 -19
Normalized NOPAT Margin
-1.19% -1.49% 3.04% -17.25% -1.63% -5.72%
Pre Tax Income Margin
-2.67% -1.74% 3.95% -23.26% 2.90% -5.96%
Debt Service Ratios
- - - - - -
EBIT to Interest Expense
-642.00 -414.89 386.39 -6,983.00 0.00 -11,982.00
NOPAT to Interest Expense
-212.57 -262.38 207.72 -5,033.38 0.00 -9,321.90
EBIT Less CapEx to Interest Expense
0.00 -443.28 372.09 0.00 0.00 -12,211.50
NOPAT Less CapEx to Interest Expense
0.00 -290.77 193.42 0.00 0.00 -9,551.40
Payout Ratios
- - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Key Financial Trends

In Q1 2025, WEBTOON Entertainment delivered flat year-over-year revenue of $325.7 million but swung back into a net loss. The company maintains a strong balance sheet with no debt and substantial cash reserves, yet profitability and cash-flow metrics deteriorated amid increased investments and higher operating costs.

  • Strong liquidity with $550 million in cash & equivalents and zero debt, bolstering financial flexibility.
  • Negative net debt of −$629 million indicates a conservative capital structure and ample cushion vs. obligations.
  • High working capital—DFCF NWC-to-revenue at 37.7%—supports short-term operating needs.
  • Q1 2025 revenue of $325.7 million was essentially flat year-over-year, reflecting stabilized user monetization.
  • Gross margin of 21.99% in Q1 2025, down from ~25% a year earlier, remains within industry variability.
  • Altman Z-score of 2.13 stays above the distress threshold, indicating moderate financial health.
  • Net loss of $21.97 million in Q1 2025 vs. a $6.23 million profit a year ago, signaling a sharp profitability reversal.
  • Operating income loss of $26.63 million and a negative EBITDA margin (−4.77%) highlight ongoing operational pressure.
  • Free cash flow to firm of −$942 million in Q1 2025, driven by a one-time $923 million increase in invested capital.
  • SG&A expenses climbed to 20.48% of revenue in Q1 2025 vs. 14.90% in Q1 2024, further squeezing margins.
07/19/25 03:07 PMAI Generated. May Contain Errors.

Frequently Asked Questions About WEBTOON Entertainment's Financials

When does WEBTOON Entertainment's fiscal year end?

According to the most recent income statement we have on file, WEBTOON Entertainment's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has WEBTOON Entertainment's net income changed over the last 2 years?

WEBTOON Entertainment's net income appears to be on an upward trend, with a most recent value of -$152.91 million in 2024, rising from -$132.52 million in 2022. The previous period was -$144.76 million in 2023. Find out what analysts predict for WEBTOON Entertainment in the coming months.

What is WEBTOON Entertainment's operating income?
WEBTOON Entertainment's total operating income in 2024 was -$100.70 million, based on the following breakdown:
  • Total Gross Profit: $339.07 million
  • Total Operating Expenses: $439.77 million
How has WEBTOON Entertainment's revenue changed over the last 2 years?

Over the last 2 years, WEBTOON Entertainment's total revenue changed from $1.08 billion in 2022 to $1.35 billion in 2024, a change of 24.9%.

How much debt does WEBTOON Entertainment have?

WEBTOON Entertainment's total liabilities were at $378.87 million at the end of 2024, a 11.7% decrease from 2023, and a 11.7% decrease since 2023.

How much cash does WEBTOON Entertainment have?

In the past 1 years, WEBTOON Entertainment's cash and equivalents has ranged from $231.75 million in 2023 to $572.40 million in 2024, and is currently $572.40 million as of their latest financial filing in 2024.

How has WEBTOON Entertainment's book value per share changed over the last 2 years?

Over the last 2 years, WEBTOON Entertainment's book value per share changed from 0.00 in 2022 to 11.47 in 2024, a change of 1,147.3%.



This page (NASDAQ:WBTN) was last updated on 7/19/2025 by MarketBeat.com Staff
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