WEBTOON Entertainment Inc.
For the period ended Dec 31, 2025. Filed Mar 5, 2026.
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FY2025 · Filed Mar 5, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders’ Equity and Group Equity
| Common Stock · Additionalpaid-incapital · Accumulatedothercomprehensiveloss · Accumulateddeficit · Total stockholders’equity attributable toWEBTOON Entertainment Inc. · Non-controllinginterests inconsolidatedsubsidiaries · GroupEquity · Totalequity | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount | |||||||||||||
| Balance as of December 31, 2022 | 97,091,692 | $10 | $1,038,262 | $(36,667) | $(212,033) | $789,594 | $85,395 | $593,513 | $1,468,502 | ||||
| Net loss | — | — | — | — | (102,818) | (102,818) | (22,769) | (13,637) | (139,225) | ||||
| Foreign currency translation adjustments, net of tax1 | — | — | — | (17,251) | — | (17,251) | — | — | (17,251) | ||||
| Equity in income of equity method investees | — | — | — | (906) | — | (906) | — | — | (906) | ||||
| Equity-based compensation and others2 | — | — | 646 | — | — | 646 | 2,155 | — | 2,801 | ||||
| Changes in scope of consolidation | — | — | — | — | — | — | (7,875) | — | (7,875) | ||||
| Common control transaction | 12,413,458 | 1 | 628,338 | — | (48,441) | 579,876 | — | (579,876) | — | ||||
| Balance as of December 31, 2023 | 109,505,150 | 11 | 1,667,246 | (54,824) | (363,292) | 1,249,141 | 56,906 | — | 1,306,047 | ||||
| Net loss | — | — | — | — | (143,905) | (143,905) | (5,153) | — | (149,058) | ||||
| Foreign currency translation adjustments, net of tax1 | — | — | — | (69,702) | — | (69,702) | (1,236) | — | (70,938) | ||||
| Issuance of common stock through initial public offering | 15,000,000 | 2 | 281,735 | — | — | 281,737 | — | — | 281,737 | ||||
| Issuance of common stock through private placement | 2,380,952 | — | 50,000 | — | — | 50,000 | — | — | 50,000 | ||||
| Issuance of common stock for exercise of over-allotment | 1,371,549 | — | 26,576 | — | — | 26,576 | — | — | 26,576 | ||||
| Equity in income of equity method investees | — | — | — | (94) | — | (94) | — | — | (94) | ||||
| Equity-based compensation and others2 | 330,293 | — | 78,374 | — | — | 78,374 | 1,098 | — | 79,472 | ||||
| Changes in scope of consolidation | — | — | — | — | — | — | (3,861) | — | (3,861) | ||||
| Balance as of December 31, 2024 | 128,587,944 | 13 | 2,103,931 | (124,620) | (507,197) | 1,472,127 | 47,754 | — | 1,519,881 | ||||
| Net loss | — | — | — | — | (345,927) | (345,927) | (15,227) | — | (361,154) | ||||
| Foreign currency translation adjustments, net of tax1 | — | — | — | 9,361 | — | 9,361 | 238 | — | 9,599 | ||||
| Equity in income of equity method investees | — | — | — | 896 | — | 896 | — | — | 896 | ||||
| Equity-based compensation and others2 | 2,188,217 | — | 33,995 | — | — | 33,995 | 515 | — | 34,510 | ||||
| Balance as of December 31, 2025 | 130,776,161 | 13 | 2,137,926 | (114,363) | (853,124) | 1,170,452 | 33,280 | $— | 1,203,732 | ||||
As of December 31, 2025, December 31, 2024, and December 31, 2023, the ending balance in accumulated other comprehensive loss related to foreign currency translation adjustments was $111.5 million, $120.9 million, and $51.2 million, respectively.
The Company recorded dividends of $0.3 million, $17.4 million and $0.0 million for the years ended December 31, 2025, December 31, 2024, and December 31, 2023, respectively, as a reduction in additional paid-in capital for stock options granted to NAVER's employees who did not provide services to the Company (See Note 1. Description of Business and Summary of Significant Accounting Policies for the definitions of the Company and NAVER).
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