WEBTOON Entertainment Inc. reported its first-quarter 2025 financial results, revealing that total revenue was $325.7 million, a slight decline of 0.3% compared to the same period in 2024. However, on a constant currency basis, revenue saw a growth of 5.3%, reaching $343.8 million, supported by growth across Paid Content, Advertising, and IP Adaptations. The company recorded a net loss of $22.0 million, a significant shift from the net income of $6.2 million reported in the previous year. This change was attributed to increased general and administrative expenses and higher marketing costs. Adjusted EBITDA stood at $4.1 million, down from $22.2 million the previous year, with a margin of 1.3% compared to 6.8% in 2024. WEBTOON also reported a diluted loss per share of $0.17, contrasting with diluted earnings per share of $0.06 a year ago. The company maintains a strong balance sheet with cash and cash equivalents totaling approximately $550.1 million, alongside an additional $28.1 million in short-term deposits. In operational updates, WEBTOON has implemented AI-powered discovery features to enhance its English-language platform, aiming to improve user experience. The company also expanded its content library by introducing major global franchises such as 'Godzilla' and 'Sonic the Hedgehog'. For the second quarter of 2025, WEBTOON anticipates revenue growth on a constant currency basis between 2.2% and 5.2%, with expected revenue ranging from $335 million to $345 million. Adjusted EBITDA for this period is projected to be between $0.5 million and $5.5 million, with a corresponding margin of 0.1% to 1.6%.