WBTNWEBTOON Entertainment Inc. Common stock

$1B

Q1 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$310M+33.3% YoY

Gross Profit

$66M21.2% margin

Operating Income

-$20M-6.4% margin

Net Income

-$18M-5.7% margin

EPS (Diluted)

$-0.14

QoQ Revenue Growth

+13.2%

Cash Flow

Operating Cash Flow

-$24M

Free Cash Flow

-$34M

Stock-Based Comp.

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$310M	$233M	+33.3%
Gross Profit	$66M	$64M	+3.0%
Operating Income	-$20M	-$21M	+7.9%
Net Income	-$18M	-$37M	+52.6%

WBTN Q1 2023 Earnings — WEBTOON Entertainment Inc. Common stock Revenue & Financial Results | Market Cap Arena