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	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	2.49	2.49	1.67	0.67
Revenue Growth (YoY)	49.00%	49.00%	148.82%	-
Cost of Revenue	0.55	0.55	0.35	0.25
Gross Profit	1.94	1.94	1.32	0.42
Selling, General & Admin	0.71	0.71	0.35	0.17
Other Operating Expenses	0.02	0.02	0.01	-
Operating Expenses	0.76	0.76	0.38	0.19
Operating Income	1.18	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	1.17	1.17	0.92	0.22
Gain (Loss) on Sale of Investments	-	-	-0	-0
Other Unusual Items	0	0	0.01	-
Pretax Income	1.17	1.17	0.94	0.22
Income Tax Expense	0.23	0.23	0.16	0.04
Net Income	0.94	0.94	0.78	0.17
Net Income to Common	0.94	0.94	0.78	0.17
Net Income Growth	20.11%	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	20.11%	20.11%	355.29%	-
Free Cash Flow	0.8	0.8	1.04	0.32
Free Cash Flow Per Share	0.04	0.04	0.05	0.02
Gross Margin	78.01%	78.01%	78.88%	62.13%
Operating Margin	47.53%	47.53%	56.19%	33.58%
Profit Margin	37.66%	37.66%	46.71%	25.53%
Free Cash Flow Margin	31.98%	31.98%	62.40%	46.92%
EBITDA	1.22	1.22	0.98	0.25
EBITDA Margin	49.15%	49.15%	58.50%	37.24%
D&A For EBITDA	0.04	0.04	0.04	0.02
EBIT	1.18	1.18	0.94	0.23
EBIT Margin	47.53%	47.53%	56.19%	33.58%
Effective Tax Rate	19.77%	19.77%	16.77%	20.71%
Revenue as Reported	2.49	2.49	1.67	0.67

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