WEBTOON Entertainment Inc. Announces Preliminary 2024 Results

Highlight:
Feb 07, 2025 5:38 AM
Company Category Image Entertainment
Fillings Details Category Image Initial Public Offering / IPO
IPO:
Jun 27, 2024

Show Chart?

Load external content from TradingView!

*You can change or withdraw your consent at any time in the footer under Cookies.

Industry:
MISCELLANEOUS PUBLISHING
WEBTOON Entertainment Inc. Announces Preliminary 2024 Results

Los Angeles, February 6, 2025 -- WEBTOON Entertainment Inc. (Nasdaq: WBTN) announced preliminary, unaudited results for Q4 and full-year 2024.

Full-year 2024 highlights: Total revenue of approximately $1.347 billion ($1.433 billion on a constant currency basis); net income range of approximately $(158) to $(152) million; Adjusted EBITDA range of approximately $67 to $68 million.

Q4 2024 highlights: Total revenue of approximately $351 million ($367 million on a constant currency basis); net income range of approximately $(107) to $(101) million; Adjusted EBITDA range of approximately $(4.5) to $(3.5) million; cash and cash equivalents of approximately $572 million.

WEBTOON Entertainment will report full Q4 and full-year 2024 results after market close on February 25, 2025, followed by a conference call at 4:30 p.m. ET.

About WEBTOON Entertainment Inc.:
WEBTOON Entertainment is a leading global entertainment company and home to some of the world's largest storytelling platforms. As the global leader and pioneer of the mobile webcomic format, WEBTOON Entertainment has transformed comics and visual storytelling for fans and creators. With its CANVAS UGC platform empowering anyone to become a creator, and a growing roster of superstar WEBTOON Originals creators and series, WEBTOON Entertainment’s passionate fandoms are the new face of pop...
Scroll to Top