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WEBTOON Entertainment Inc. Common stock (WBTN) 10-Year Financial Performance & Capital Metrics

WBTN • • Industrial / General
TechnologyApplication SoftwareDigital Media & Entertainment SoftwareStreaming & Content Delivery
AboutWEBTOON Entertainment Inc. operates a storytelling platform worldwide. The company's platform allows a community of creators and users to discover, create, and share new content. Its platform offers stories primarily in two ways, including web-comics, a graphical comic-like medium; and web-novels, which are text-based stories. The company was founded in 2014 and is headquartered in Los Angeles, California. WEBTOON Entertainment Inc. operates as a subsidiary of NAVER Corporation.Show more
  • Revenue $1.35B +5.1%
  • EBITDA -$65M -12830.9%
  • Net Income -$144M -23.6%
  • EPS (Diluted) -1.21 -33.0%
  • Gross Margin 25.14% +9.2%
  • EBITDA Margin -4.78% -12200.8%
  • Operating Margin -7.47% -163.5%
  • Net Margin -10.67% -17.5%
  • ROE -9.91% -21.8%
  • ROIC -7.02% -214.1%
  • Debt/Equity 0.01 -55.4%
  • Interest Coverage -2237.76 -386.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Trading at only 1.1x book value

✗Weaknesses

  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-
TTM5.65%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-10.86%

EPS CAGR

10Y-
5Y-
3Y-
TTM12.82%

ROCE

10Y Avg-5.22%
5Y Avg-5.22%
3Y Avg-5.22%
Latest-6.53%

Peer Comparison

Streaming & Content Delivery
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Sector-Specific
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SRADSportradar Group AG4.31B19.82198.2026.09%7.72%9.63%2.91%0.05
VMEOVimeo, Inc.1.24B7.8549.06-0.05%1%1.05%4.57%0.03
ZMZoom Communications, Inc.21.65B81.5225.403.05%33.17%17.16%8.35%0.01
YALAYalla Group Limited900.4M6.789.166.52%42.29%18.98%19.1%0.00
AUUDAuddia Inc.3.13M1.01-0.02-189.89%0.02
OBLGOblong, Inc.6.86M2.14-0.14-37.59%-187.17%-45.31%
GITSGlobal Interactive Technologies, Inc.2.72M0.74-0.32-100.31%0.06
VSVersus Systems Inc.6.18M1.26-0.57-77.08%-57.95%-40.44%

Profit & Loss

Dec 2022Dec 2023Dec 2024
Sales/Revenue+1.08B1.28B1.35B
Revenue Growth %-0.19%0.05%
Cost of Goods Sold+806.38M987.26M1.01B
COGS % of Revenue0.75%0.77%0.75%
Gross Profit+273.01M295.49M339.07M
Gross Margin %0.25%0.23%0.25%
Gross Profit Growth %-0.08%0.15%
Operating Expenses+387.73M331.85M439.77M
OpEx % of Revenue0.36%0.26%0.33%
Selling, General & Admin378.13M323.08M436.96M
SG&A % of Revenue0.35%0.25%0.32%
Research & Development000
R&D % of Revenue---
Other Operating Expenses9.6M8.76M2.81M
Operating Income+-114.72M-36.36M-100.7M
Operating Margin %-0.11%-0.03%-0.07%
Operating Income Growth %-0.68%-1.77%
EBITDA+-79.98M-499K-64.53M
EBITDA Margin %-0.07%-0%-0.05%
EBITDA Growth %-0.99%-128.31%
D&A (Non-Cash Add-back)34.73M35.86M36.17M
EBIT-117.31M-132.67M-149.26M
Net Interest Income+322K2.93M15.78M
Interest Income1.17M3.01M15.82M
Interest Expense844K79K45K
Other Income/Expense-3.44M-96.39M-48.61M
Pretax Income+-118.15M-132.75M-149.31M
Pretax Margin %-0.11%-0.1%-0.11%
Income Tax+14.37M12.01M3.6M
Effective Tax Rate %1.1%0.88%0.96%
Net Income+-129.87M-116.45M-143.91M
Net Margin %-0.12%-0.09%-0.11%
Net Income Growth %-0.1%-0.24%
Net Income (Continuing)-132.52M-144.76M-152.91M
Discontinued Operations000
Minority Interest132.36M98.33M84.33M
EPS (Diluted)+-1.02-0.91-1.21
EPS Growth %-0.11%-0.33%
EPS (Basic)-1.02-0.91-1.21
Diluted Shares Outstanding127.07M127.07M128.59M
Basic Shares Outstanding127.07M127.07M128.59M
Dividend Payout Ratio---

Balance Sheet

Dec 2022Dec 2023Dec 2024
Total Current Assets+555.44M492.83M836.37M
Cash & Short-Term Investments279.71M251.62M598.73M
Cash Only279.71M231.75M572.4M
Short-Term Investments019.88M26.33M
Accounts Receivable210.88M171.78M169.19M
Days Sales Outstanding71.3148.8845.79
Inventory3.15M8.19M0
Days Inventory Outstanding1.423.03-
Other Current Assets07.05M6.9M
Total Non-Current Assets+1.47B1.28B1.1B
Property, Plant & Equipment75.51M41.16M20.43M
Fixed Asset Turnover14.29x31.16x66.00x
Goodwill884.05M779.18M665.27M
Intangible Assets253.82M219.5M180.91M
Long-Term Investments185.94M155.46M148.85M
Other Non-Current Assets36.34M64.44M65.91M
Total Assets+2.02B1.78B1.94B
Asset Turnover0.53x0.72x0.70x
Asset Growth %--0.12%0.09%
Total Current Liabilities+336.21M316.07M313.22M
Accounts Payable153.33M127.43M127.31M
Days Payables Outstanding69.447.1146.03
Short-Term Debt11.19M4.25M0
Deferred Revenue (Current)1000K1000K1000K
Other Current Liabilities34.34M12.58M28.35M
Current Ratio1.65x1.56x2.67x
Quick Ratio1.64x1.53x2.67x
Cash Conversion Cycle3.334.79-
Total Non-Current Liabilities+168.91M113.06M65.65M
Long-Term Debt000
Capital Lease Obligations30.65M19.24M11.19M
Deferred Tax Liabilities84.27M61.13M30.27M
Other Non-Current Liabilities53.99M32.68M24.19M
Total Liabilities505.13M429.13M378.87M
Total Debt+53.56M33.44M17.24M
Net Debt-226.15M-198.31M-555.16M
Debt / Equity0.04x0.02x0.01x
Debt / EBITDA---
Net Debt / EBITDA---
Interest Coverage-135.92x-460.23x-2237.76x
Total Equity+1.52B1.35B1.56B
Equity Growth %--0.11%0.16%
Book Value per Share11.9310.6012.10
Total Shareholders' Equity1.38B1.25B1.47B
Common Stock32K11K13K
Retained Earnings-212.03M-363.29M-507.2M
Treasury Stock000
Accumulated OCI-36.67M-54.82M-124.62M
Minority Interest132.36M98.33M84.33M

Cash Flow

Dec 2022Dec 2023Dec 2024
Cash from Operations+-140.61M14.8M17.88M
Operating CF Margin %-0.13%0.01%0.01%
Operating CF Growth %-1.11%0.21%
Net Income-132.52M-144.76M-152.91M
Depreciation & Amortization34.73M35.86M40.07M
Stock-Based Compensation03.22M87.38M
Deferred Taxes-7.14M-15.57M-24.54M
Other Non-Cash Items33.04M115.06M81.73M
Working Capital Changes-68.72M20.99M-13.85M
Change in Receivables41.76M30.92M-24.06M
Change in Inventory000
Change in Payables-48.2M-7.84M26.18M
Cash from Investing+-50.7M-51.98M-17.28M
Capital Expenditures-2.7M-10.2M-2.4M
CapEx % of Revenue0%0.01%0%
Acquisitions---
Investments---
Other Investing-20.89M52K-914K
Cash from Financing+350.34M-6.5M353.87M
Debt Issued (Net)---
Equity Issued (Net)---
Dividends Paid000
Share Repurchases---
Other Financing-27.43M-539K14.53M
Net Change in Cash---
Free Cash Flow+-161.8M-7.54M4.73M
FCF Margin %-0.15%-0.01%0%
FCF Growth %-0.95%1.63%
FCF per Share-1.27-0.060.04
FCF Conversion (FCF/Net Income)1.08x-0.13x-0.12x
Interest Paid700K92K85K
Taxes Paid29.36M26.64M25.68M

Key Ratios

Metric202220232024
Return on Equity (ROE)-8.57%-8.14%-9.91%
Return on Invested Capital (ROIC)-6.67%-2.24%-7.02%
Gross Margin25.29%23.04%25.14%
Net Margin-12.03%-9.08%-10.67%
Debt / Equity0.04x0.02x0.01x
Interest Coverage-135.92x-460.23x-2237.76x
FCF Conversion1.08x-0.13x-0.12x
Revenue Growth-18.84%5.12%

Revenue by Segment

2024
Advertising166.09M
Advertising Growth-

Revenue by Geography

2024
JAPAN648.25M
JAPAN Growth-
KOREA, REPUBLIC OF517.53M
KOREA, REPUBLIC OF Growth-
Rest Of The World182.7M
Rest Of The World Growth-

Frequently Asked Questions

Growth & Financials

WEBTOON Entertainment Inc. Common stock (WBTN) reported $1.40B in revenue for fiscal year 2024. This represents a 30% increase from $1.08B in 2022.

WEBTOON Entertainment Inc. Common stock (WBTN) grew revenue by 5.1% over the past year. This is steady growth.

WEBTOON Entertainment Inc. Common stock (WBTN) reported a net loss of $131.4M for fiscal year 2024.

Dividend & Returns

WEBTOON Entertainment Inc. Common stock (WBTN) has a return on equity (ROE) of -9.9%. Negative ROE indicates the company is unprofitable.

WEBTOON Entertainment Inc. Common stock (WBTN) had negative free cash flow of $16.2M in fiscal year 2024, likely due to heavy capital investments.

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