For the year ending 2025-12-31, WBTN had $9,404K increase in cash & cash equivalents over the period. $3,597K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue | 1,382,705 | - |
| Cost of revenue | 1,060,524 | - |
| Marketing | 126,149 | - |
| General and administrative expenses - labor related | 104,211 | - |
| General and administrative expenses - non-labor related | 155,332 | - |
| Interest income | 19,170 | - |
| Interest expense | 56 | - |
| Gain (loss) on equity method investments, net | 1,282 | - |
| Impairment losses on goodwill and other intangible assets | 336,486 | - |
| Other loss (income), net | -9,808 | - |
| Income tax expense (benefit) | -16,022 | - |
| Net loss | -373,387 | -152,912 |
| Allowance for credit losses | 4,772 | 6,034 |
| Depreciation and amortization | 35,431 | 40,074 |
| Gain on disposal of right-of-use assets, net | - | -1,899 |
| Impairment losses on goodwill and other intangible assets | 336,486 | - |
| Operating lease expense | 9,690 | 10,446 |
| Loss (gain) on foreign currency, net | 1,605 | 2,519 |
| Deferred tax benefit | -28,965 | -24,535 |
| Loss (gain) on debt and equity securities, net | -8,605 | 2,263 |
| Loss (gain) on equity method investment | 1,282 | -1,123 |
| Contingent consideration liability | 0 | -3,712 |
| Stock-based compensation | 41,907 | 87,379 |
| Gain on disposal of right-of-use assets, net | 0 | - |
| Impairment losses on goodwill | - | 69,743 |
| Change in severance benefit, net | 5,584 | 3,725 |
| Loss on investments in subsidiaries, net | 0 | -2,713 |
| Other non-cash items | -14 | 707 |
| Changes in receivables | 873 | 24,063 |
| Changes in other assets | -1,219 | 35,928 |
| Changes in accounts payable | 3,421 | 26,177 |
| Changes in accrued expenses | 6,216 | 5,156 |
| Changes in consumption taxes payables | -5,725 | - |
| Changes in contract liabilities | 2,400 | 21,584 |
| Changes in withholdings | -6,122 | - |
| Changes in income tax payable - corporate tax | -8,857 | - |
| Changes in other liabilities | -6,540 | -186 |
| Changes in operating lease liabilities | -8,062 | -9,035 |
| Changes in deposits | -294 | 2,444 |
| Transfer of severance benefits | -2,817 | -956 |
| Net cash provided by operating activities | 11,216 | 17,883 |
| Proceeds from maturities of short-term investments | 42,538 | 68,018 |
| Proceeds from sale of debt and equity securities | 0 | 2,970 |
| Proceeds from sale of property and equipment | 297 | 6,495 |
| Proceeds from sale of equity method investments | 0 | 5,938 |
| Proceeds from loan receivable | 1,684 | 0 |
| Payment from maturities of short-term investments | 26,372 | 77,371 |
| Payment made for loan receivable | 904 | 264 |
| Purchases of debt and equity securities | 6,801 | 1,000 |
| Purchases of property and equipment | 7,619 | 2,404 |
| Purchases of intangible assets | 10,292 | 10,745 |
| Purchases of equity method investments | 0 | 9,068 |
| Acquisition of businesses, net of cash | 148 | - |
| Disposal of businesses, net of cash | 0 | -315 |
| Other investing activities | -119 | -470 |
| Net cash used in investing activities | -7,498 | -17,276 |
| Proceeds from issuance of common stock upon initial public offering, net of underwriting discounts and commissions | 0 | 292,950 |
| Proceeds from issuance of common stock related to private placement | 0 | 50,000 |
| Capital contribution to a non-wholly owned subsidiary from a limited partner | 0 | 0 |
| Acquisition of additional equity interests in non-wholly owned subsidiaries | - | 0 |
| Payments of initial public offering costs | 0 | 11,154 |
| Repayment of convertible debt | - | 0 |
| Proceeds from exercise of over-allotment, net of underwriting discounts and commissions | 0 | 26,786 |
| Proceeds from stock option exercise | 1,327 | 746 |
| Proceeds from short-term borrowings | 139 | 0 |
| Repayments of short-term borrowings | 0 | 3,597 |
| Payments for the redemption of non-controlling interests | - | 0 |
| Repayments of long-term borrowings | 0 | 15 |
| Payment of contingent consideration related to business acquisition | 0 | 1,849 |
| Net cash provided by (used in) financing activities | 1,466 | 353,867 |
| Effect of exchange rate changes on cash and cash equivalents | 4,220 | -13,817 |
| Net increase (decrease) in cash and cash equivalents | 9,404 | 340,657 |
| Cash and cash equivalents at beginning of the year | 572,402 | - |
| Cash and cash equivalents at end of the year | 581,806 | - |
WEBTOON Entertainment Inc. (WBTN)
WEBTOON Entertainment Inc. (WBTN)