Wellchange Holdings Company Limited (WCT)

WCT Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	2.37	2.49	1.67	0.67
Revenue Growth (YoY)	-3.69%	49.00%	148.82%	-
Cost of Revenue	0.49	0.55	0.35	0.25
Gross Profit	1.88	1.94	1.32	0.42
Selling, General & Admin	0.67	0.71	0.35	0.17
Other Operating Expenses	0.02	0.02	0.01	-
Operating Expenses	0.72	0.76	0.38	0.19
Operating Income	1.16	1.18	0.94	0.23
Interest Expense	-0.02	-0.02	-0.01	-0.01
Interest & Investment Income	0	0	0	0
Other Non Operating Income (Expenses)	-0	-0	0	0
EBT Excluding Unusual Items	1.14	1.17	0.92	0.22
Gain (Loss) on Sale of Investments	-	-	-0	-0
Other Unusual Items	0.02	0	0.01	-
Pretax Income	1.16	1.17	0.94	0.22
Income Tax Expense	0.24	0.23	0.16	0.04
Net Income	0.92	0.94	0.78	0.17
Net Income to Common	0.92	0.94	0.78	0.17
Net Income Growth	-22.77%	20.11%	355.27%	-
Shares Outstanding (Basic)	20	20	20	20
Shares Outstanding (Diluted)	20	20	20	20
EPS (Basic)	0.05	0.05	0.04	0.01
EPS (Diluted)	0.05	0.05	0.04	0.01
EPS Growth	-22.77%	20.11%	355.29%	-
Free Cash Flow	0.84	0.8	1.04	0.32
Free Cash Flow Per Share	0.04	0.04	0.05	0.02
Gross Margin	79.49%	78.01%	78.88%	62.13%
Operating Margin	49.04%	47.53%	56.19%	33.58%
Profit Margin	38.95%	37.66%	46.71%	25.53%
Free Cash Flow Margin	35.35%	31.98%	62.40%	46.92%
EBITDA	1.24	1.22	0.98	0.25
EBITDA Margin	52.17%	49.15%	58.50%	37.24%
D&A For EBITDA	0.07	0.04	0.04	0.02
EBIT	1.16	1.18	0.94	0.23
EBIT Margin	49.04%	47.53%	56.19%	33.58%
Effective Tax Rate	20.46%	19.77%	16.77%	20.71%
Revenue as Reported	2.37	2.49	1.67	0.67

Source: S&P Capital IQ. Standard template. Financial Sources.