WEBTOON Entertainment Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-118.54	-116.46	-129.87
Depreciation & Amortization	35.87	35.86	32.84
Asset Writedown & Restructuring Costs	65.91	65.91	1.9
Loss (Gain) From Sale of Investments	18.33	22.59	-0.62
Loss (Gain) on Equity Investments	15.95	12.34	4.69
Provision & Write-off of Bad Debts	5.3	3.48	2.88
Other Operating Activities	-59.87	-29.91	16.3
Change in Accounts Receivable	-7.17	24.81	11.22
Change in Accounts Payable	-8.82	-7.84	-48.2
Change in Unearned Revenue	18.76	1.09	3.18
Change in Other Net Operating Assets	2.22	2.94	-34.92
Operating Cash Flow	33.82	14.8	-140.61
Capital Expenditures	-1.68	-10.2	-2.7
Sale of Property, Plant & Equipment	0.66	0.66	0.61
Cash Acquisitions	-	-	-0.52
Divestitures	-0.38	1.99	-
Sale (Purchase) of Intangibles	-11.73	-12.14	-18.49
Investment in Securities	-7.67	-21.29	-26.6
Other Investing Activities	2.29	0.5	0.25
Investing Cash Flow	-18.14	-51.98	-50.7
Short-Term Debt Issued	-	0.38	76.59
Total Debt Issued	0.38	0.38	76.59
Short-Term Debt Repaid	-	-6.34	-104.93
Long-Term Debt Repaid	-	-	-2.26
Total Debt Repaid	-3.25	-6.34	-107.19
Net Debt Issued (Repaid)	-2.87	-5.96	-30.6
Issuance of Common Stock	370.31	-	408.37
Other Financing Activities	-13.88	-0.54	-27.43
Financing Cash Flow	353.57	-6.5	350.34
Foreign Exchange Rate Adjustments	-7.98	-4.29	-20.41
Net Cash Flow	361.27	-47.96	138.62
Free Cash Flow	32.15	4.61	-143.3
Free Cash Flow Margin	2.42%	0.36%	-13.28%
Free Cash Flow Per Share	0.28	0.04	-1.35
Cash Interest Paid	0.09	0.09	0.7
Cash Income Tax Paid	31.89	26.64	29.36
Levered Free Cash Flow	-	9.96	-
Unlevered Free Cash Flow	-	10.01	-
Change in Net Working Capital	-	-15.99	-

Source: S&P Capital IQ. Standard template. Financial Sources.