Core Insights - WEBTOON Entertainment reported a full year 2025 revenue growth of 2.5%, with a year-over-year revenue growth of 3.9% on a constant currency basis [1][6] - The company experienced a net loss of $373.4 million for the full year, with an adjusted EBITDA of $19.4 million [1][6] - The balance sheet remains strong, with cash and cash equivalents of approximately $582 million and no debt [1] Fourth Quarter 2025 Highlights - Total revenue for Q4 2025 was $330.7 million, a decline of 6.3% compared to Q4 2024 [6][30] - Adjusted EBITDA for Q4 was $0.6 million, an improvement from a loss of $3.5 million in the prior year [6] - The diluted loss per share for Q4 was $2.36, compared to a diluted loss per share of $0.72 in the prior year [6][30] Full Year 2025 Highlights - Total revenue for the full year was $1.4 billion, reflecting a growth of 2.5% [6][30] - Adjusted EBITDA for the full year was $19.4 million, down from $68.0 million in the prior year [6][30] - The net loss for the full year was $373.4 million, compared to a net loss of $152.9 million in the previous year [6][30] Strategic Partnerships - The company established strategic relationships with industry leaders such as Disney and Warner Bros. Animation in 2025, which are expected to enhance the comics industry and webcomics category [4] - These partnerships aim to attract more readers to the platform and create more opportunities for creators [4] First Quarter 2026 Outlook - For Q1 2026, the company anticipates revenue growth on a constant currency basis in the range of -1.5% to 1.5%, translating to revenue between $317 million and $327 million [13] - Adjusted EBITDA is expected to be in the range of $0.0 to $5.0 million, indicating a focus on cost management [13]
WEBTOON Entertainment Inc. Reports Fourth Quarter and Full Year 2025 Financial Results