Webtoon Entertainment

Webtoon Entertainment reported a beat in Q2 with 5.2% currency‑adjusted revenue growth and $5.5m adjusted EBITDA, but total revenue fell 2.8% year‑over‑year and global MAU were essentially flat. Japan, the company’s largest market, showed declining users and revenue, prompting a strategic refocus on marketing, Japanese originals and an internal Japan content operation. Management is pivoting from a licensing‑first model to direct IP commercialization, committing $100m to an Adaptation Fund and investing in game development, while weighing AI initiatives that concern creators. The company holds about $583m cash and warns of modest Q3 revenue growth, signaling a capital‑intensive push to reignite expansion. » More on forbes.com

Webtoon reported second-quarter revenue of $338.5 million, narrowly missing analysts' estimates; net loss widened to $14.6 million. The EBITDA forecast for Q3 of about $2.5 million was well below expectations and triggered a sell-off. At the same time, Webtoon announced the acquisition of 60% of RI Games for $100 million, which further worried investors due to cash outflows and execution risks. Evercore cut its price target to $12, and the stock slid sharply in premarket trading, approaching its 52-week low. » More on de.investing.com

WEBTOON delivered adjusted EPS of $0.04 for Q2 2026, beating the consensus forecast of -$0.01. Revenue was $338.5m (reported decline 2.8%, currency‑adjusted +5.2%) and adjusted EBITDA was $5.5m, above the top end of guidance. The stock rose in regular trading but fell 6.2% after hours following a cautious outlook; for Q3 the company expects revenue of $358–368m and adjusted EBITDA of $0–5m. Management highlights expansion of AI tools and IP adaptations with the goal of achieving a double‑digit exit revenue growth rate by the end of Q4 2026. » More on de.investing.com