Wetouch Technology Inc. (WETH)

NASDAQ: WETH · Real-Time Price · USD

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1.490

+0.100 (7.19%)

At close: Oct 8, 2025, 4:00 PM EDT

1.480

-0.010 (-0.67%)

After-hours: Oct 8, 2025, 7:21 PM EDT

Wetouch Technology Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2018 - 2019
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2018 - 2019
Revenue	42.69	42.28	39.71	37.92	40.79	31.35	Upgrade
Revenue Growth (YoY)	3.75%	6.48%	4.70%	-7.02%	30.11%	-21.64%	Upgrade
Cost of Revenue	26.78	28.67	22.52	23.87	22.35	15.74	Upgrade
Gross Profit	15.91	13.61	17.19	14.05	18.43	15.61	Upgrade
Selling, General & Admin	4.97	4.29	4.46	2.55	2.57	2.59	Upgrade
Research & Development	-0.04	-	0.08	0.09	0.09	0.08	Upgrade
Operating Expenses	4.93	4.29	4.54	2.64	5.81	3.73	Upgrade
Operating Income	10.99	9.32	12.65	11.41	12.62	11.88	Upgrade
Interest Expense	-	-1.17	-0.25	-0.22	-0.03	-1.73	Upgrade
Interest & Investment Income	0.18	0.15	0.12	0.12	0.1	0.08	Upgrade
Other Non Operating Income (Expenses)	0.33	0.39	-0.17	0.87	1.45	0.25	Upgrade
EBT Excluding Unusual Items	11.5	8.69	12.35	12.18	14.15	10.48	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-	7.65	-	Upgrade
Other Unusual Items	-	-	-	-0.1	-	-	Upgrade
Pretax Income	11.5	8.69	12.35	12.08	21.8	10.48	Upgrade
Income Tax Expense	3.47	2.66	4.08	3.35	4.41	1.55	Upgrade
Net Income	8.04	6.03	8.26	8.73	17.39	8.93	Upgrade
Net Income to Common	8.04	6.03	8.26	8.73	17.39	8.93	Upgrade
Net Income Growth	33.25%	-27.02%	-5.34%	-49.79%	94.68%	-34.89%	Upgrade
Shares Outstanding (Basic)	11	12	9	2	2	1	Upgrade
Shares Outstanding (Diluted)	11	12	9	2	2	1	Upgrade
Shares Change (YoY)	5.78%	24.60%	408.48%	12.93%	12.65%	3.52%	Upgrade
EPS (Basic)	0.71	0.52	0.89	5.39	10.93	6.21	Upgrade
EPS (Diluted)	0.71	0.52	0.89	4.73	10.93	6.20	Upgrade
EPS Growth	25.83%	-41.73%	-81.18%	-56.73%	76.30%	-36.72%	Upgrade
Free Cash Flow	12.17	0.8	10.46	8.59	2.36	12.96	Upgrade
Free Cash Flow Per Share	1.07	0.07	1.12	4.66	1.44	8.94	Upgrade
Gross Margin	37.27%	32.18%	43.30%	37.05%	45.19%	49.80%	Upgrade
Operating Margin	25.73%	22.04%	31.86%	30.10%	30.95%	37.90%	Upgrade
Profit Margin	18.82%	14.27%	20.81%	23.02%	42.63%	28.49%	Upgrade
Free Cash Flow Margin	28.50%	1.89%	26.35%	22.64%	5.78%	41.35%	Upgrade
EBITDA	11	9.33	12.66	11.42	13.01	12.94	Upgrade
EBITDA Margin	25.75%	22.06%	31.88%	30.13%	31.89%	41.27%	Upgrade
D&A For EBITDA	0.01	0.01	0.01	0.01	0.38	1.06	Upgrade
EBIT	10.99	9.32	12.65	11.41	12.62	11.88	Upgrade
EBIT Margin	25.73%	22.04%	31.86%	30.10%	30.95%	37.90%	Upgrade
Effective Tax Rate	30.14%	30.59%	33.07%	27.75%	20.23%	14.78%	Upgrade
Revenue as Reported	-	-	-	-	40.79	31.35	Upgrade

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q