All data is for educational purposes only and should not be considered investment advice.
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WEBTOON Entertainment Inc. operates a storytelling platform in the United States, Korea, Japan, and internationally. Its platform allows a community of creators and users to discover, create, and share new content. The company's platform offers stories primarily in two ways, including web-comics, a graphical comic-like medium; and web-novel platforms, optimized for reading serialized text-based content. It also provides hosting services for web-comics through web and mobile applications, and paid content, advertising and IP adaptations. The company was founded in 2005 and is headquartered in Los Angeles, California. WEBTOON Entertainment Inc. is a subsidiary of NAVER Corporation.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 4 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.4B | $-354M | $-346M | $-7M | -29.6% | 2.5% | 140.4% |
| 2024 | $1.3B | $-109M | $-144M | $5M | -9.8% | 5.1% | 23.6% |
| 2023 | $1.3B | $-94M | $-116M | $-8M | -9.3% | 18.8% | -10.3% |
| 2022 | $1.1B | $-83M | $-130M | $-162M | -9.4% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2025 |
|---|---|
| Total Revenue | 1,382.70 |
| Operating Revenue | 1,382.70 |
| Cost Of Revenue | 1,060.52 |
| Gross Profit | 322.18 |
| Operating Expense | 386.29 |
| Selling General And Administration | 386.29 |
| Total Expenses | 1,446.82 |
| Operating Income | -64.11 |
| Total Operating Income As Reported | -63.51 |
| EBITDA | -353.92 |
| Normalized EBITDA | -8.21 |
| EBIT | -389.35 |
| Interest Income | 19.17 |
| Interest Expense | 0.06 |
| Net Interest Income | 19.11 |
| Other Non Operating Income Expenses | 0.02 |
| Other Income Expense | -344.41 |
| Interest Income Non Operating | 19.17 |
| Interest Expense Non Operating | 0.06 |
| Net Non Operating Interest Income Expense | 19.11 |
| Pretax Income | -389.41 |
| Tax Provision | -16.02 |
| Tax Rate For Calcs | 0 |
| Tax Effect Of Unusual Items | -14.21 |
| Net Income Continuous Operations | -373.39 |
| Net Income From Continuing And Discontinued Operation | -345.93 |
| Net Income From Continuing Operation Net Minority Interest | -345.93 |
| Net Income | -345.93 |
| Net Income Common Stockholders | -346.13 |
| Net Income Including Noncontrolling Interests | -373.39 |
| Normalized Income | -14.42 |
| Diluted NI Availto Com Stockholders | -346.14 |
| Basic Average Shares | - |
| Diluted Average Shares | - |
| Reconciled Depreciation | 35.43 |
| Reconciled Cost Of Revenue | 1,060.52 |
| Total Unusual Items | -345.72 |
| Total Unusual Items Excluding Goodwill | -345.72 |
| Minority Interests | 27.46 |
| Special Income Charges | -336.49 |
| Gain On Sale Of Business | 0 |
| Impairment Of Capital Assets | 336.49 |
| Gain On Sale Of Security | -9.23 |
| General And Administrative Expense | 260.14 |
| Other Gand A | 259.54 |
| Salaries And Wages | 0.60 |
| Gain On Sale Of Ppe | 0 |
| Selling And Marketing Expense | 126.15 |
| Otherunder Preferred Stock Dividend | 0.21 |
| Earnings From Equity Interest | 1.28 |
| Average Dilution Earnings | -0.01 |
Communication Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| WEBTOON Entertainment Inc.this co. | WBTN | $1.6B | -4.56 | 1.35 | -29.6% | -2.88 |
| Rumble Inc. | RUM | $1.8B | -21.63 | 6.44 | -29.8% | -15.63 |
| Ziff Davis, Inc. | ZD | $1.8B | 37.30 | 1.01 | 2.7% | 6.04 |
| Genius Sports Limited | GENI | $1.7B | -15.24 | 2.35 | -15.4% | -20.47 |
| Stagwell Inc. | STGW | $1.7B |
| 56.98 |
| 2.19 |
| 3.8% |
| 7.82 |
| DoubleVerify Holdings, Inc. | DV | $1.6B | 32.03 | 1.43 | 4.5% | 10.37 |
| Liberty Latin America Ltd. | LILAK | $1.5B | -2.49 | 2.74 | -110.0% | 10.03 |
| Liberty Latin America Ltd. | LILA | $1.5B | -2.47 | 2.72 | -110.0% | 10.02 |
| AMC Entertainment Holdings, Inc. | AMC | $1.5B | -2.34 | -0.78 | 33.4% | 42.59 |
| Peer Median | - | -2.40 | 2.27 | -6.4% | 8.92 | |