Mediaalpha vs Webtoon Entertainment
Webtoon Entertainment is the larger business, with $1.38bn of revenue in fiscal 2025 against $1.11bn for Mediaalpha (1.2 times as much). Mediaalpha grew faster (28.8% against 2.5%). Mediaalpha kept more of each dollar of sales as profit: a net margin of 2.3% against -25.0%. Webtoon Entertainment carries less debt relative to equity (0.0% against 3687.7%).
| Latest fiscal year | MediaalphaMAX, 2025 | Webtoon EntertainmentWBTN, 2025 |
|---|---|---|
| Revenue | $1.11bn | $1.38bn |
| Revenue growth | 28.8% | 2.5% |
| Net income | $25.6m | −$346m |
| Operating margin | 2.0% | -4.6% |
| Net margin | 2.3% | -25.0% |
| Return on equity | — | -26.2% |
| Free cash flow | $65.3m | $3.6m |
| Cash | $46.9m | $582m |
| Total debt | $153m | $0 |
| Debt to equity | 3687.7% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $47.3m | — |
| Employees | 147 | 1,800 |
| Market value | $929m | $1.18bn |
| Price vs our value range | Below our value range | — |
| Moat score | 39 (Weak) | — |
| Insider trades, 12 months | 0 buys, 323 sales | 0 buys, 0 sales |