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Wetouch Technology Inc. (WETH)

NASDAQ: WETH · Real-Time Price · USD

0.99

0.02 (1.57%)

At close: Jun 05, 2025, 3:58 PM

Wetouch Technology Income Statement

Financials in USD. Fiscal year is undefined.

Fiscal Year	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
Period Ending	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Revenue	41.02M	40.61M	41.15M	39.71M	39.88M	40.38M	39.36M	37.92M	39.04M	38.58M	42.07M	40.79M	37.11M	25.95M	10.71M
Cost of Revenue	28.27M	27.51M	26.66M	22.52M	23.19M	23.4M	23.58M	23.87M	24.02M	23.85M	24.5M	22.5M	19.42M	13.03M	5.69M
Gross Profit	12.76M	13.1M	14.49M	17.19M	16.7M	16.98M	15.78M	14.05M	15.02M	14.74M	17.57M	18.29M	17.7M	12.91M	5.03M
Operating Income	7.48M	8.29M	10.65M	12.65M	13.87M	14.33M	12.28M	11.41M	12.19M	11.8M	14.68M	12.64M	12.67M	8.33M	1.39M
Interest Income	136.27K	127.88K	119.87K	117.72K	119.3K	118.31K	118.78K	118.71K	93.16K	92.33K	75.21K	68.09K	64.19K	35.39K	22.02K
Pretax Income	6.57M	6.94M	9.37M	12.35M	14.34M	14.86M	12.72M	12.08M	12.94M	12.78M	15.65M	21.8M	21.04M	16.67M	9.71M
Net Income	3.86M	4.06M	6.03M	8.26M	10.27M	10.7M	8.96M	8.73M	9.46M	9.45M	11.59M	17.39M	16.7M	13.43M	8.36M
Selling & General & Admin	5.12M	4.68M	3.73M	4.46M	2.74M	2.57M	3.41M	2.55M	2.74M	2.85M	2.8M	5.56M	4.96M	4.54M	3.62M
Research & Development	152.51K	129.23K	106.4K	84.55K	81.79K	81.95K	83.28K	85.25K	87.75K	89.28K	90.15K	89.48K	67.03K	44.77K	22.18K
Other Expenses	46.62K	46.62K	46.62K	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Operating Expenses	5.27M	4.81M	3.84M	4.54M	2.82M	2.66M	3.49M	2.64M	2.82M	2.94M	2.89M	5.65M	5.03M	4.59M	3.64M
Interest Expense	1.21M	1.35M	1.39M	252.32K	264.01K	182.83K	202.11K	224.88K	172.25K	113.56K	56.17K	4.00	4.00	4.00	4.00
Selling & Marketing Expenses	1.12M	1.23M	1.02M	608.52K	454.09K	403.28K	321.92K	271.22K	214.72K	n/a	n/a	n/a	n/a	n/a	n/a
Cost & Expenses	33.54M	32.32M	30.5M	27.06M	26.01M	26.06M	27.08M	26.51M	26.85M	26.79M	27.39M	28.15M	24.45M	17.62M	9.33M
Income Tax Expense	2.71M	2.88M	3.34M	4.08M	4.07M	4.15M	3.76M	3.35M	3.47M	3.33M	4.06M	4.41M	4.33M	3.24M	1.35M
Shares Outstanding (Basic)	11.93M	11.93M	13.34M	9.29M	9.71M	9.68M	7.99M	1.68M	1.62M	1.6M	1.59M	1.59M	1.59M	1.59M	1.59M
Shares Outstanding (Diluted)	11.98M	11.98M	13.39M	9.38M	9.79M	9.78M	8.1M	1.68M	1.72M	1.63M	1.63M	1.59M	1.63M	1.63M	1.63M
EPS (Basic)	0.27	0.34	0.59	0.90	1.09	2.83	4.18	5.44	5.90	5.93	7.29	10.94	10.51	8.45	5.26
EPS (Diluted)	0.27	0.34	0.59	0.89	1.08	2.70	4.02	5.25	5.71	5.81	7.11	10.66	10.23	8.22	5.12
EBITDA	7.65M	8.3M	10.67M	12.66M	13.88M	14.33M	12.29M	11.42M	12.21M	11.83M	14.7M	13.03M	13.06M	8.7M	1.76M
EBIT	7.78M	8.29M	10.76M	12.6M	14.61M	15.04M	12.92M	12.31M	20.82M	20.61M	23.42M	29.51M	21.04M	16.67M	9.71M
Depreciation & Amortization	7.25K	7.03K	6.92K	7.04K	4.5K	4.54K	9.39K	9.57K	15.91K	30.7K	276.49K	648.17K	644.44K	627.31K	374.3K