secwatch.observer — SEC 8-K summary
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Issuer:     WEBTOON Entertainment Inc. (WBTN)
CIK:        0001997859
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0001997859-25-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1997859/000199785925000008/0001997859-25-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1997859/000199785925000008/wbtn-20250225.htm
  HTML page:      https://secwatch.observer/filing/0001997859-25-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer