Wetouch Technology Inc. (WETH)
NASDAQ: WETH · Real-Time Price · USD
1.890
+0.020 (1.07%)
At close: Apr 28, 2026, 4:00 PM EDT
1.870
-0.020 (-1.06%)
After-hours: Apr 28, 2026, 5:56 PM EDT
Wetouch Technology Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2018 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2018 |
| Revenue | 45.14 | 42.28 | 39.71 | 37.92 | 40.79 | Upgrade
|
| Revenue Growth (YoY) | 6.76% | 6.48% | 4.70% | -7.02% | 30.11% | Upgrade
|
| Cost of Revenue | 30.77 | 28.67 | 22.52 | 23.87 | 22.35 | Upgrade
|
| Gross Profit | 14.37 | 13.61 | 17.19 | 14.05 | 18.43 | Upgrade
|
| Selling, General & Admin | 4.4 | 4.29 | 4.46 | 2.55 | 2.57 | Upgrade
|
| Research & Development | - | - | 0.08 | 0.09 | 0.09 | Upgrade
|
| Operating Expenses | 4.4 | 4.29 | 4.54 | 2.64 | 5.81 | Upgrade
|
| Operating Income | 9.97 | 9.32 | 12.65 | 11.41 | 12.62 | Upgrade
|
| Interest Expense | - | -1.17 | -0.25 | -0.22 | -0.03 | Upgrade
|
| Interest & Investment Income | 0.16 | 0.15 | 0.12 | 0.12 | 0.1 | Upgrade
|
| Other Non Operating Income (Expenses) | 0.04 | 0.39 | -0.17 | 0.87 | 1.45 | Upgrade
|
| EBT Excluding Unusual Items | 10.16 | 8.69 | 12.35 | 12.18 | 14.15 | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | - | - | 7.65 | Upgrade
|
| Other Unusual Items | - | - | - | -0.1 | - | Upgrade
|
| Pretax Income | 10.16 | 8.69 | 12.35 | 12.08 | 21.8 | Upgrade
|
| Income Tax Expense | 3 | 2.66 | 4.08 | 3.35 | 4.41 | Upgrade
|
| Net Income | 7.16 | 6.03 | 8.26 | 8.73 | 17.39 | Upgrade
|
| Net Income to Common | 7.16 | 6.03 | 8.26 | 8.73 | 17.39 | Upgrade
|
| Net Income Growth | 18.73% | -27.02% | -5.34% | -49.79% | 94.68% | Upgrade
|
| Shares Outstanding (Basic) | 12 | 12 | 9 | 2 | 2 | Upgrade
|
| Shares Outstanding (Diluted) | 12 | 12 | 9 | 2 | 2 | Upgrade
|
| Shares Change (YoY) | 2.14% | 24.60% | 408.48% | 12.93% | 12.65% | Upgrade
|
| EPS (Basic) | 0.60 | 0.52 | 0.89 | 5.39 | 10.93 | Upgrade
|
| EPS (Diluted) | 0.60 | 0.52 | 0.89 | 4.73 | 10.93 | Upgrade
|
| EPS Growth | 15.70% | -41.73% | -81.18% | -56.73% | 76.30% | Upgrade
|
| Free Cash Flow | 7.07 | 0.8 | 10.46 | 8.59 | 2.36 | Upgrade
|
| Free Cash Flow Per Share | 0.59 | 0.07 | 1.12 | 4.66 | 1.44 | Upgrade
|
| Gross Margin | 31.84% | 32.18% | 43.30% | 37.05% | 45.19% | Upgrade
|
| Operating Margin | 22.08% | 22.04% | 31.86% | 30.10% | 30.95% | Upgrade
|
| Profit Margin | 15.86% | 14.27% | 20.81% | 23.02% | 42.63% | Upgrade
|
| Free Cash Flow Margin | 15.66% | 1.89% | 26.35% | 22.64% | 5.78% | Upgrade
|
| EBITDA | 9.99 | 9.33 | 12.66 | 11.42 | 13.01 | Upgrade
|
| EBITDA Margin | 22.13% | 22.06% | 31.88% | 30.13% | 31.89% | Upgrade
|
| D&A For EBITDA | 0.02 | 0.01 | 0.01 | 0.01 | 0.38 | Upgrade
|
| EBIT | 9.97 | 9.32 | 12.65 | 11.41 | 12.62 | Upgrade
|
| EBIT Margin | 22.08% | 22.04% | 31.86% | 30.10% | 30.95% | Upgrade
|
| Effective Tax Rate | 29.52% | 30.59% | 33.07% | 27.75% | 20.23% | Upgrade
|
| Revenue as Reported | - | - | - | - | 40.79 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.