WEBTOON Entertainment Inc. Common stock(WBTN)

$11.67▲0.63 (5.71%)

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WEBTOON Entertainment Inc. Common stock(WBTN)

NASDAQ

$11.67▲0.63 (5.71%)

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WBTN(WBTN)

WBTN

Overview Notebook Intelligence Chart History Fundmntls TTM Earnings Analysts News Financials Segments Insiders Institl.DCF Peers

6/28/26

WEBTOON ENTERTAINMENT INC. COMMON STOCK (WBTN)

Sunday

4:24 AM

Thesis: WEBTOON Entertainment Inc. Common stock: the story is balanced — Monthly Active User (MAU) growth rates, particularly in high-ARPU markets like North America

Revenue Outlook

Metric	FY2025	FY2026E	FY2027E
Revenue	$1.4B	$1.4B	$1.6B
Rev. Growth	+2.5%	+2.1%	+11.3%
EPS	$-2.66	$-0.18	$0.10
EPS Growth	-120%	+93.3%	+155%
P/E (fwd)	—	—	119.2×

★ Analysts see FY2027 revenue reaching $1.6B — +11.3% growth in a single year.

What Moves the Stock

1Monthly Active User (MAU) growth rates, particularly in high-ARPU markets like North America
2Average Revenue Per User (ARPU) expansion through increased paid content adoption
3Successful IP adaptations announced or released (Netflix deals, film releases driving platform traffic)
4Creator retention and exclusive content acquisition announcements
5Competitive threats from Kakao, Naver, or new entrants in digital comics space
6Paid content (coins/fast-pass purchases) - estimated 50-60% of revenue
7Advertising revenue from free content consumption - estimated 25-35%
8IP licensing and adaptation rights for film/TV/gaming - estimated 10-15%

FY2025 Snapshot

Revenue: $1.4B
Rev. Growth: +2.5%
Gross Margin: 23.3%
Op. Margin: -4.6%
Net Margin: -25.0%
Net Income: $-346M
NI Growth: -140%
EPS: $-2.66
1Y Return: +37.1%

WBTN Chart

My Notes

growth - Investors focused on user growth, platform scaling, and long-term IP value creation despite current unprofitability.
Rising rates negatively impact valuation multiples for unprofitable growth companies trading on forward revenue multiples.
Watch on earnings: Monthly Active User growth rates by geography (North America, Asia, Europe), Paying user penetration rate and ARPU trends, Content acquisition costs as percentage of revenue.

One Sentence Summary:

WEBTOON Entertainment Inc. Common stock: the story is balanced — monthly active user (mau) growth rates, particularly in high-arpu markets like north america.

Auto-composed from Stock Alarm intelligence, financial statements, and analyst estimates. Not investment advice.

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Metric

FY2025

FY2026E

FY2027E

P/E (fwd)

—

119.2×

What Moves the Stock

1Monthly Active User (MAU) growth rates, particularly in high-ARPU markets like North America

2Average Revenue Per User (ARPU) expansion through increased paid content adoption

3Successful IP adaptations announced or released (Netflix deals, film releases driving platform traffic)

4Creator retention and exclusive content acquisition announcements

5Competitive threats from Kakao, Naver, or new entrants in digital comics space

6Paid content (coins/fast-pass purchases) - estimated 50-60% of revenue

7Advertising revenue from free content consumption - estimated 25-35%

8IP licensing and adaptation rights for film/TV/gaming - estimated 10-15%

My Notes

growth - Investors focused on user growth, platform scaling, and long-term IP value creation despite current unprofitability.

Rising rates negatively impact valuation multiples for unprofitable growth companies trading on forward revenue multiples.

Watch on earnings: Monthly Active User growth rates by geography (North America, Asia, Europe), Paying user penetration rate and ARPU trends, Content acquisition costs as percentage of revenue.