WBTN Q2 2024 Earnings — WEBTOON Entertainment Inc. Common stock Revenue & Financial Results | Market Cap Arena

WBTNWEBTOON Entertainment Inc. Common stock

$1B

Q2 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$321M+0.1% YoY

Gross Profit

$83M25.9% margin

Operating Income

-$79M-24.6% margin

Net Income

-$77M-24.0% margin

EPS (Diluted)

$-0.61

QoQ Revenue Growth

-1.8%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$4M

Stock-Based Comp.

$55M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$418M

Stockholders' Equity

$1.5B

Cash & Equivalents

$572M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$321M	$321M	+0.1%
Gross Profit	$83M	$81M	+2.4%
Operating Income	-$79M	-$5M	-1347.1%
Net Income	-$77M	-$20M	-282.2%

Revenue Segments

Advertising

$40M100%