Webtoon Entertainment Inc (WBTN) PT Lowered to $23 at Evercore ISI

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Go back to Webtoon Entertainment Inc (WBTN) PT Lowered to $23 at Evercore ISI

WEBTOON Entertainment Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

February 25, 2025 4:10 PM EST

Full Year 2024 Revenue Growth of 5.1%; Robust Year-Over-Year Revenue Growth on a Constant Currency Basis of 13.0%

Net Loss of $152.9 Million; Adjusted EBITDA of $67.9 Million Represented a 685% Increase Year-Over-Year

Strong Balance Sheet With Cash And Cash Equivalents of Approximately $572 Million and No Debt

LOS ANGELES, Feb. 25, 2025 (GLOBE NEWSWIRE) -- WEBTOON Entertainment Inc. (Nasdaq: WBTN) (WEBTOON Entertainment or the Company), a leading global entertainment company and home to some of the worlds largest storytelling platforms, today announced results for its fourth... More