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Wetouch Technology Inc. (WETH)

NASDAQ: WETH · Real-Time Price · USD

0.92

0.04 (4.55%)

At close: Jun 24, 2025, 2:50 PM

0.91

-1.03%

Pre-market: Jun 25, 2025, 09:00 AM EDT

Wetouch Technology Income Statement

Financials in USD. Fiscal year is undefined.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	39.71M	37.92M	40.79M	31.35M	40M
Cost of Revenue	22.52M	23.87M	22.47M	16.79M	21.3M
Gross Profit	17.19M	14.05M	18.32M	14.55M	18.7M
Operating Income	12.65M	11.41M	12.62M	11.88M	17M
Interest Income	117.72K	118.71K	95.53K	81.54K	76.2K
Pretax Income	12.35M	12.08M	21.8M	10.48M	16.44M
Net Income	8.26M	8.73M	17.39M	8.93M	13.72M
Selling & General & Admin	4.46M	2.55M	5.6M	2.59M	1.56M
Research & Development	84.55K	85.25K	89.48K	78K	136.43K
Other Expenses	n/a	-96.93K	n/a	n/a	n/a
Operating Expenses	4.54M	2.64M	5.69M	2.67M	1.7M
Interest Expense	252.32K	224.88K	27.45K	1.73M	16.88K
Selling & Marketing Expenses	608.52K	1.29M	630.5K	264.55K	n/a
Cost & Expenses	27.06M	26.51M	28.16M	19.47M	23M
Income Tax Expense	4.08M	3.35M	4.41M	1.55M	2.72M
Shares Outstanding (Basic)	9.29M	1.62M	1.59M	1.44M	1.44M
Shares Outstanding (Diluted)	9.38M	1.84M	1.63M	1.45M	1.45M
EPS (Basic)	0.89	5.39	10.93	6.21	9.53
EPS (Diluted)	0.88	4.74	10.65	6.16	9.46
EBITDA	12.66M	11.42M	13.01M	12.94M	18.04M
EBIT	12.6M	12.31M	21.82M	12.21M	16.46M
Depreciation & Amortization	9.4K	9.89K	119.03K	1.06M	1.04M