{"schema_version":"secwatch.filing_event.v1","accession":"0001997859-26-000015","form_type":"8-K","ticker":"WBTN","cik":"0001997859","company_name":"WEBTOON Entertainment Inc.","filed_at":"2026-03-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.957130+00:00","generated_at":"2026-05-15T22:21:04.500454+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"WEBTOON FY2025 net loss $373M on goodwill impairments; revenue up 2.5%","bullets":["FY2025 revenue $1.4B (+2.5% YoY, +3.9% constant currency); net loss $373.4M vs $152.9M due to goodwill impairments.","Q4 revenue $330.7M (-6.3% YoY); adjusted EBITDA $0.6M improved from -$3.5M prior year; diluted loss per share $2.36.","Full year adjusted EBITDA $19.4M (1.5% margin) vs $68M prior year; cash $581.8M, no debt.","Completed strategic agreements with Disney: ~2% equity investment, new digital comics platform targeting 2026 launch.","Q1 2026 guidance: revenue $317-$327M, adjusted EBITDA $0-$5M; Lore Olympus animated series greenlit by Amazon MGM."],"urls":{"canonical":"https://secwatch.observer/filing/0001997859-26-000015","json":"https://secwatch.observer/filing/0001997859-26-000015.json","markdown":"https://secwatch.observer/filing/0001997859-26-000015.md","text":"https://secwatch.observer/filing/0001997859-26-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1997859/000199785926000015/0001997859-26-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1997859/000199785926000015/wbtn-20260303.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T22:21:04.500454+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}