---
schema_version: "secwatch.filing_event.v1"
accession: "0001997859-25-000008"
form_type: "8-K"
ticker: "WBTN"
cik: "0001997859"
company_name: "WEBTOON Entertainment Inc."
filed_at: "2025-02-25T23:59:59+00:00"
generated_at: "2026-05-26T05:05:05.985488+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# WEBTOON FY24 revenue +5.1%, net loss widens; adjusted EBITDA record $67.9M

## Summary
- FY2024 revenue $1.35B (+5.1% as reported, +13.0% CC); net loss $152.9M, up from $144.8M.
- FY adjusted EBITDA $67.9M (record, +685% YoY); Q4 adjusted EBITDA loss $3.5M vs prior year gain $10.4M.
- Q1 2025 outlook: revenue $318-$328M, CC growth 1.7%-4.8%; adjusted EBITDA $0.5-$5.5M.
- Cash of $572M, no debt; global MPU 7.5M (-1.3% QoQ), MAU 163.3M (-3.7%).
- Advertising revenue Q4 up 22.1% (27.4% CC); IP Adaptations revenue Q4 down 14.5% (-6.9% CC).

## SEC filing metadata
- accession: 0001997859-25-000008
- form_type: 8-K
- ticker: WBTN
- cik: 0001997859
- company_name: WEBTOON Entertainment Inc.
- filed_at: 2025-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1997859/000199785925000008/0001997859-25-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1997859/000199785925000008/wbtn-20250225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001997859-25-000008
- JSON: https://secwatch.observer/filing/0001997859-25-000008.json
- Plain text: https://secwatch.observer/filing/0001997859-25-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.