WBTN (Webtoon Entertainment) Tax Rate % : -5.05% (As of Dec. 2024)

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What is Webtoon Entertainment Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Webtoon Entertainment's Tax Expense for the three months ended in Dec. 2024 was $5 Mil. Webtoon Entertainment's Pre-Tax Income for the three months ended in Dec. 2024 was $-98 Mil. Therefore, Webtoon Entertainment's Tax Rate % for the quarter that ended in Dec. 2024 was -5.05%.

Webtoon Entertainment Tax Rate % Historical Data

The historical data trend for Webtoon Entertainment's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Webtoon Entertainment Tax Rate % Chart

Webtoon Entertainment Annual Data

Trend

Dec22

Dec23

Dec24

Tax Rate %

-12.16

-9.04

-2.41

Webtoon Entertainment Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial				7.30	51.69	-2.55	-98.14	-5.05

Webtoon Entertainment Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Webtoon Entertainment's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	3.604	/	-149.308
	=	-2.41 %

Webtoon Entertainment's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	4.928	/	-97.635
	=	-5.05 %

Webtoon Entertainment Tax Rate % Related Terms

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Webtoon Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Webtoon Entertainment Inc (NAS:WBTN) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5700 Wilshire Boulevard, Suite 220, Los Angeles, CA, USA, 90036

Website

https://www.webtoons.com

Webtoon Entertainment Inc is a storytelling platform where a vibrant community of creators and users discover, create and share new content. It has pioneered a cultural movement by revolutionizing the storytelling format and democratizing content creation and publication connecting 24 million creators with approximately 170 million monthly active users in over 150 countries around the world.