In its first full quarter as a public company, Webtoon Entertainment Inc. delivered strong financial results, according to its founder and chief executive.

Junkoo Kim, the head of the Miracle Mile company, said that it had achieved revenue growth of 9.5% and solid profitability in the third quarter. The company also beat Wall Street estimates on earnings.

“We continued to focus on deepening engagement from our user base and driving further scale globally while maturing and streamlining our operations,” Kim said in a statement.

Webtoon is a storytelling platform that enables content creators and users to discover, create and share stories. Its brands include Webtoon, a webcomic platform available in nine languages; Studio Lico, its in-house content production company; Studio N, its media adaptation and production subsidiary based in Korea; and Wattpad, a web novel and storytelling community, among others.

Webtoon has over 24 million creators and 170 million monthly active users from more than 150 countries around the world.

On Nov. 7, Webtoon reported net income of $20 million (15 cents a share) for the quarter ending Sept. 30. Its revenue increased by 9.5% from the third quarter of the prior year to $348 million. Analysts on average expected earnings of -26 cents, according to LSEG Data and Analytics.

It was the first full quarter of reporting financials for Webtoon since it went public via an initial public offering at the end of June.

Webtoon applied with the Securities and Exchange Commission on May 31 to list its common stock on the Nasdaq Global Select Market under the ticker symbol WBTN. It listed its initial share price at $21.

Going forward, Kim said he sees opportunities to further accelerate growth across the company, underpinned by its creator community, pipeline of entertainment projects and product improvements.