WBTN Q3 2024 Earnings — WEBTOON Entertainment Inc. Common stock Revenue & Financial Results | Market Cap Arena

WBTNWEBTOON Entertainment Inc. Common stock

$1B

Q3 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$348M+9.5% YoY

Gross Profit

$91M26.3% margin

Operating Income

-$8M-2.3% margin

Net Income

$20M5.7% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+8.4%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$502,000

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$415M

Stockholders' Equity

$1.6B

Cash & Equivalents

$586M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$348M	$318M	+9.5%
Gross Profit	$91M	$72M	+26.7%
Operating Income	-$8M	-$7M	-19.8%
Net Income	$20M	-$11M	+276.8%

Revenue Segments

Advertising

$43M100%