WBTN Q1 2024 Earnings — WEBTOON Entertainment Inc. Common stock Revenue & Financial Results | Market Cap Arena

WBTNWEBTOON Entertainment Inc. Common stock

$1B

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$327M+5.3% YoY

Gross Profit

$82M25.2% margin

Operating Income

$14M4.3% margin

Net Income

$6M1.9% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

-2.2%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

$21M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$419M

Stockholders' Equity

$1.2B

Cash & Equivalents

$219M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$327M	$310M	+5.3%
Gross Profit	$82M	$66M	+25.1%
Operating Income	$14M	-$20M	+171.8%
Net Income	$6M	-$18M	+135.3%