WBTN Research | Milton Maxwell

WBTN

WEBTOON Entertainment Inc.

12.53

+0.02+0.16%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

FY Q4 '25

3/3/26Mar 3, 2026

Key Stats

Market Cap

1.64B

P/E (TTM)

Basic EPS (TTM)

-1.07

Dividend Yield

Recent Filings

8-K

Disney invests $32.8M in WEBTOON

1/8/26Jan 8, 2026

WEBTOON Entertainment sold 2,666,757 shares—about 2% equity—to Disney for $32.8M on January 8, 2026, via private placement. Deal pairs with definitive pact for new digital comics platform. Disney gains veto on adverse actions. Strategic tie-up boosts platform ambitions.

10-Q

Q3 FY2025 results

11/13/25Nov 13, 2025

WEBTOON Entertainment posted Q3 revenue of $378M, up 8.7% y/y from $348M, fueled by IP Adaptations tripling to $52M while Paid Content held steady at $287M; Japan (47% of revenue) and Korea (40%) drove the gains. Operating loss widened to $15M from $8M on steeper cost of revenue, yet YTD operating loss narrowed 31% to $50M versus $73M. Cash swelled to $585M; free cash flow not disclosed in the 10-Q. Diluted EPS of -$0.09 reconciles to 131M shares. Solid liquidity buffers ongoing investments. Securities litigation lingers.

8-K

Q3 revenue up 9.1% CC

11/12/25Nov 12, 2025

WEBTOON Entertainment posted Q3 revenue of $378M, up 8.7% YoY or 9.1% constant currency, fueled by IP Adaptations soaring 171.8% CC while advertising dropped 8.9%. Adjusted EBITDA hit $5.1M above guidance midpoint, yet net loss swung to $11.1M from prior profit. Cash pile stands at $584.6M. Q4 signals revenue dip to $330-340M.

8-K

Disney-WEBTOON platform deal

9/15/25Sep 15, 2025

WEBTOON Entertainment and Disney entered a non-binding term sheet on September 15, 2025, for a new digital comics platform featuring over 35,000 Marvel, Star Wars, Disney, Pixar, and 20th Century titles, built and operated by WEBTOON. Disney eyes a 2% equity stake. Disney+ perks include curated access. Terms await definitive agreements.

10-Q

Q2 FY2025 results

8/13/25Aug 13, 2025

WEBTOON Entertainment posted Q2 revenue of $348.3M, up 8.5% y/y from $321.0M, with Paid Content at $274.9M (+5.4% y/y), Advertising $45.2M (+11.9% y/y), and IP Adaptations $28.1M surging 41.8% y/y on hits like 'The Remarried Empress'; Japan drove 51% of sales at $177.9M. Operating loss narrowed to $8.8M from $79.1M, thanks to G&A plunging 53% on lower stock comp. Diluted EPS held at -$0.03, matching 130.4M shares—no anti-dilution. Cash swelled to $581.5M; operations used $13M but investing added $5.7M. Securities suits linger.

About

WEBTOON Entertainment Inc. operates a storytelling platform in the United States, Korea, Japan, and internationally. Its platform allows a community of creators and users to discover, create, and share new content. The company's platform offers stories primarily in two ways, including web-comics, a graphical comic-like medium; and web-novels, which are text-based stories. It also provides hosting services for web-comics through web and mobile applications. The company was founded in 2005 and is headquartered in Los Angeles, California. WEBTOON Entertainment Inc. is a subsidiary of NAVER Corporation.

CEO

Mr. Junkoo Kim

IPO

6/27/2024

Website

https://about.webtoon.com

Employees

1,800

Sector

Communication Services

Industry

Internet Content & Information