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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.