The company posted strong Q2 2025 results with $348.3M in revenue and narrowed net loss to $3.9M, supported by growth across Paid Content, Advertising, and IP Adaptations.
WEBTOON delivered Q1 2025 revenue of $325.7M, slightly down year-over-year but up 5.3% on a constant currency basis. While Advertising and IP Adaptations grew, higher G&A and marketing expenses drove a net loss of $22.0M. Adjusted EBITDA came in at $4.1M.
WEBTOON Entertainment Inc. reported a 5.6% increase in total revenue to $352.8 million for Q4 2024, driven by growth in Paid Content and Advertising. However, the company experienced a net loss of $102.6 million, a significant increase from the prior year's $95.3 million loss, mainly due to higher general & administrative expenses, marketing expenses, and goodwill impairment losses. Adjusted EBITDA was a loss of $3.5 million, compared to a gain of $10.4 million in the prior year.