For the quarter ending 2026-03-31, WBTN had $13,046K increase in cash & cash equivalents over the period. -$14,995K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenue | 320,872 | 330,686 | 378,041 | - |
| Cost of revenue | 237,824 | 250,169 | 295,267 | - |
| Marketing | 30,520 | 28,370 | 35,166 | - |
| General and administrative expenses - labor related | 26,514 | 37,404 | 17,865 | - |
| General and administrative expenses - non-labor related | 34,045 | 27,979 | 44,621 | - |
| Interest income | 4,374 | 4,509 | 4,638 | - |
| Interest expense | 17 | 50 | 2 | - |
| Loss(income) on equity method investment, net | -446 | -365 | 1,709 | - |
| Impairment losses on goodwill and other intangible assets | - | 336,486 | - | - |
| Other loss (income), net | -2,005 | -9,220 | -1,891 | - |
| Changes in contract liabilities | - | - | -6,098 | 40,040 |
| Loss (gain) on equity method investments, net | - | - | 1,709 | 507 |
| Income tax expense (benefit) | 2,672 | -18,363 | 626 | - |
| Contingent consideration liability | - | - | 101 | -3,814 |
| Net income (loss) | -8,797 | -336,485 | -11,050 | -3,883 |
| Allowance for credit losses | -749 | 4,498 | -620 | 451 |
| Depreciation and amortization | 7,998 | 10,647 | 7,940 | 8,407 |
| Gain on disposal of right-of-use assets | - | - | 0 | 0 |
| Impairment losses on goodwill and other intangible assets | - | 336,486 | - | - |
| Operating lease expense | 2,541 | 2,481 | 2,730 | 2,494 |
| Gain on foreign currency, net | 6,207 | -935 | -1,104 | 851 |
| Deferred tax benefit | -2,151 | -20,268 | -3,692 | -3,862 |
| Loss on debt and equity securities, net | -2,627 | -4,589 | -1,640 | -1,446 |
| Gain on disposal of right-of-use assets, net | - | 0 | - | - |
| Change in severance benefit, net | 1,562 | 3,820 | 599 | 1,165 |
| Loss on equity method investments, net | -446 | 1,282 | - | - |
| Payment of severance benefits, net of cash transferred | - | - | -1,734 | - |
| Contingent consideration liability | - | 0 | - | - |
| Other operating activities | - | - | -1,021 | 705 |
| Loss on investments in subsidiaries, net | - | 0 | - | - |
| Stock-based compensation | 7,625 | 6,784 | 9,625 | 7,245 |
| Other non-cash items | 2,963 | -21 | -2,329 | 1,541 |
| Changes in receivables | 11,669 | 1,868 | -4,083 | 3,838 |
| Changes in other assets | 4,122 | -989 | -9,775 | 7,295 |
| Changes in accounts payable | 4,083 | 657 | 8,081 | -2,516 |
| Changes in accrued expenses | -9,321 | 21,604 | 863 | -909 |
| Changes in consumption taxes payables | - | -5,725 | - | - |
| Changes in contract liabilities | 7,501 | 2,400 | - | - |
| Changes in withholdings | - | -6,122 | - | - |
| Changes in income tax payable - corporate tax | - | -8,857 | - | - |
| Changes in other liabilities | 2,516 | -3,941 | -1,707 | -192 |
| Changes in operating lease liabilities | -2,767 | -2,555 | -2,177 | -2,090 |
| Changes in deposits | - | -294 | - | - |
| Transfer of severance benefits | - | -2,817 | - | - |
| Proceeds from sale of equity method investments | - | 0 | 0 | 0 |
| Net cash used in operating activities | -11,847 | 7,638 | 16,529 | 5,701 |
| Proceeds from maturities of short-term investments | 684 | 10,023 | 258 | 28,811 |
| Purchases of equity method investments | - | 0 | 0 | 0 |
| Proceeds from sale of debt and equity securities | - | 0 | 0 | 0 |
| Acquisition of businesses, net of cash | - | 0 | 0 | 148 |
| Proceeds from sale of property and equipment | 23 | 44 | 28 | 148 |
| Disposal of businesses, net of cash disposed | - | - | 0 | 0 |
| Purchases of property and equipment | 3,148 | 635 | 4,687 | 1,761 |
| Proceeds from loan receivable | - | 305 | 1,379 | - |
| Purchases of debt and equity securities | 0 | 137 | 2,874 | 1 |
| Payment made for short-term investments | 1,368 | 8,949 | 804 | 11,795 |
| Payment made for loan receivable | 68 | -5 | 86 | 616 |
| Disposal of businesses, net of cash | - | 0 | - | - |
| Purchases of intangible assets | 2,867 | 3,124 | 2,708 | 2,016 |
| Other investing activities | 0 | 1 | 1,246 | -1,117 |
| Net cash used in investing activities | -6,744 | -2,469 | -10,740 | 13,739 |
| Proceeds from short-term borrowings | - | -4 | 143 | - |
| Repayments of short-term borrowings | - | 0 | 0 | 0 |
| Proceeds from issuance of common stock upon initial public offering, net of underwriting discounts and commissions | - | 0 | 0 | 0 |
| Proceeds from issuance of common stock related to private placement | - | 0 | 0 | 0 |
| Capital contribution to a non-wholly owned subsidiary from a limited partner | - | -229 | - | 229 |
| Payments of initial public offering costs | - | 0 | 0 | 0 |
| Repayments of long-term borrowings | - | 0 | - | - |
| Proceeds from issuance of common stock related to private placement, net | 32,682 | 0 | 0 | - |
| Payment of contingent consideration related to business acquisition | - | 0 | 0 | 0 |
| Proceeds from stock option exercise | 0 | 63 | 1,182 | - |
| Net cash provided by financing activities | 32,682 | 59 | 1,178 | 147 |
| Effect of exchange rate changes on cash and cash equivalents | -1,045 | -7,997 | -3,938 | 11,823 |
| Net increase (decrease) in cash and cash equivalents | 13,046 | -2,769 | 3,029 | 31,410 |
| Cash and cash equivalents at beginning of the year | 581,806 | 584,575 | 572,402 | - |
| Cash and cash equivalents at end of the year | 594,852 | 581,806 | 584,575 | - |
WEBTOON Entertainment Inc. (WBTN)
WEBTOON Entertainment Inc. (WBTN)