WBTN (WEBTOON Entertainment Inc. Common stock) Stock Financials & Earnings

WBTNWEBTOON Entertainment Inc. Common stock

Mkt Cap$1B

Technology·Software - Application·🇺🇸 United States·NASDAQ

Revenue (TTM)$1.1B

Net Income (TTM)-$412M

EPS (TTM)-$2.65

Free Cash Flow (TTM)$4M

Gross Margin-0.8%

Op. Margin-31.8%

Net Margin-39.1%

FCF Margin0.3%

P/S Ratio (TTM)1.3x

P/E Ratio (TTM)—

YoY Rev Growth-22.0%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$310M	$66M	-$20M
Q2 23	$321M	$81M	-$5M
Q3 23	$318M	$72M	-$7M
Q4 23	$334M	$76M	-$4M
Q1 24	$327M	$82M	$14M
Q2 24	$321M	$83M	-$79M
Q3 24	$348M	$91M	-$8M
Q4 24	$353M	$82M	-$28M
Q1 25	$326M	$72M	-$27M
Q2 25	$348M	$87M	-$9M
Q3 25	$378M	$83M	-$12M
Q4 25	$0	-$250M	-$287M

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q1 23	$56M	$29M	—
Q2 23	$53M	$33M	—
Q3 23	$46M	$33M	—
Q4 23	$43M	$26M	—
Q1 24	$49M	$19M	—
Q2 24	$139M	$23M	—
Q3 24	$67M	$33M	—
Q4 24	$75M	$32M	—
Q1 25	$67M	—	—
Q2 25	$65M	$31M	—
Q3 25	—	—	$95M
Q4 25	$65M	—	—

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 23	33.3%	-2.1%	31.2
Q2 23	11.0%	0.2%	11.3
Q3 23	12.0%	1.2%	13.2
Q4 23	21.9%	3.7%	25.6
Q1 24	5.3%	6.7%	12.0
Q2 24	0.1%	-20.5%	-20.4
Q3 24	9.5%	5.8%	15.3
Q4 24	5.6%	-24.2%	-18.6
Q1 25	-0.3%	-3.4%	-3.7
Q2 25	8.5%	1.1%	9.6
Q3 25	8.7%	-0.7%	8.0
Q4 25	-100.0%	—	—

Revenue Segments

Quarter	Advertising
Q4 25	$40M

Revenue by Geography

Quarter	Japan	Korea, Republic Of	Rest Of The World
Q1 25	$164M	$118M	$44M
Q2 25	$178M	$126M	$45M
Q3 25	$180M	$153M	$46M
Q4 25	$160M	$126M	$45M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 23	$232M	$20M	$252M
Q1 24	$219M	$0	$219M
Q2 24	$572M	$23M	$595M
Q3 24	$586M	$25M	$610M
Q4 24	$572M	$26M	$599M
Q1 25	$550M	$28M	$578M
Q2 25	$582M	$12M	$594M
Q3 25	$585M	$0	$585M
Q4 25	$582M	$0	$582M

Shares Outstanding

Revenue Per Employee

Revenue / Employee