Wetouch Technology Inc. (WETH)
NASDAQ: WETH · Real-Time Price · USD
1.200
+0.030 (2.56%)
Sep 12, 2025, 4:00 PM EDT - Market closed

Wetouch Technology Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2024FY 2023FY 2022FY 2021FY 20202018 - 2019
Period Ending
Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2018 - 2019
42.2839.7137.9240.7931.35
Upgrade
Revenue Growth (YoY)
6.48%4.70%-7.02%30.11%-21.64%
Upgrade
Cost of Revenue
28.6722.5223.8722.3515.74
Upgrade
Gross Profit
13.6117.1914.0518.4315.61
Upgrade
Selling, General & Admin
4.294.462.552.572.59
Upgrade
Research & Development
-0.080.090.090.08
Upgrade
Operating Expenses
4.294.542.645.813.73
Upgrade
Operating Income
9.3212.6511.4112.6211.88
Upgrade
Interest Expense
-1.17-0.25-0.22-0.03-1.73
Upgrade
Interest & Investment Income
0.150.120.120.10.08
Upgrade
Other Non Operating Income (Expenses)
0.39-0.170.871.450.25
Upgrade
EBT Excluding Unusual Items
8.6912.3512.1814.1510.48
Upgrade
Gain (Loss) on Sale of Assets
---7.65-
Upgrade
Other Unusual Items
---0.1--
Upgrade
Pretax Income
8.6912.3512.0821.810.48
Upgrade
Income Tax Expense
2.664.083.354.411.55
Upgrade
Net Income
6.038.268.7317.398.93
Upgrade
Net Income to Common
6.038.268.7317.398.93
Upgrade
Net Income Growth
-27.02%-5.34%-49.79%94.68%-34.89%
Upgrade
Shares Outstanding (Basic)
129221
Upgrade
Shares Outstanding (Diluted)
129221
Upgrade
Shares Change (YoY)
24.60%408.48%12.93%12.65%3.52%
Upgrade
EPS (Basic)
0.520.895.3910.936.21
Upgrade
EPS (Diluted)
0.520.894.7310.936.20
Upgrade
EPS Growth
-41.73%-81.18%-56.73%76.30%-36.72%
Upgrade
Free Cash Flow
0.810.468.592.3612.96
Upgrade
Free Cash Flow Per Share
0.071.124.661.448.94
Upgrade
Gross Margin
32.18%43.30%37.05%45.19%49.80%
Upgrade
Operating Margin
22.04%31.86%30.10%30.95%37.90%
Upgrade
Profit Margin
14.27%20.81%23.02%42.63%28.49%
Upgrade
Free Cash Flow Margin
1.89%26.35%22.64%5.78%41.35%
Upgrade
EBITDA
9.3312.6611.4213.0112.94
Upgrade
EBITDA Margin
22.06%31.88%30.13%31.89%41.27%
Upgrade
D&A For EBITDA
0.010.010.010.381.06
Upgrade
EBIT
9.3212.6511.4112.6211.88
Upgrade
EBIT Margin
22.04%31.86%30.10%30.95%37.90%
Upgrade
Effective Tax Rate
30.59%33.07%27.75%20.23%14.78%
Upgrade
Revenue as Reported
---40.7931.35
Upgrade
Updated Dec 31, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q