Wetouch Technology Inc. (WETH)

NASDAQ: WETH · Real-Time Price · USD

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2.260

+0.090 (4.15%)

At close: Nov 4, 2025, 4:00 PM EST

2.240

-0.020 (-0.88%)

Pre-market: Nov 5, 2025, 8:18 AM EST

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	Jun '25 Jun 30, 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	42.88	42.28	39.71	37.92	40.79	31.35	Upgrade
Revenue Growth (YoY)	5.58%	6.48%	4.70%	-7.02%	30.11%	-21.64%	Upgrade
Cost of Revenue	27.72	28.67	22.52	23.87	22.35	15.74	Upgrade
Gross Profit	15.16	13.61	17.19	14.05	18.43	15.61	Upgrade
Selling, General & Admin	4.9	4.29	4.46	2.55	2.57	2.59	Upgrade
Research & Development	-0.09	-	0.08	0.09	0.09	0.08	Upgrade
Operating Expenses	4.82	4.29	4.54	2.64	5.81	3.73	Upgrade
Operating Income	10.34	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)	0.3	0.39	-0.17	0.87	1.45	0.25	Upgrade
EBT Excluding Unusual Items	10.82	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	10.82	8.69	12.35	12.08	21.8	10.48	Upgrade
Income Tax Expense	3.24	2.66	4.08	3.35	4.41	1.55	Upgrade
Net Income	7.58	6.03	8.26	8.73	17.39	8.93	Upgrade
Net Income to Common	7.58	6.03	8.26	8.73	17.39	8.93	Upgrade
Net Income Growth	86.64%	-27.02%	-5.34%	-49.79%	94.68%	-34.89%	Upgrade
Shares Outstanding (Basic)	12	12	9	2	2	1	Upgrade
Shares Outstanding (Diluted)	12	12	9	2	2	1	Upgrade
Shares Change (YoY)	13.40%	24.60%	408.48%	12.93%	12.65%	3.52%	Upgrade
EPS (Basic)	0.63	0.52	0.89	5.39	10.93	6.21	Upgrade
EPS (Diluted)	0.63	0.52	0.89	4.73	10.93	6.20	Upgrade
EPS Growth	63.71%	-41.73%	-81.18%	-56.73%	76.30%	-36.72%	Upgrade
Free Cash Flow	10.92	0.8	10.46	8.59	2.36	12.96	Upgrade
Free Cash Flow Per Share	0.91	0.07	1.12	4.66	1.44	8.94	Upgrade
Gross Margin	35.36%	32.18%	43.30%	37.05%	45.19%	49.80%	Upgrade
Operating Margin	24.12%	22.04%	31.86%	30.10%	30.95%	37.90%	Upgrade
Profit Margin	17.67%	14.27%	20.81%	23.02%	42.63%	28.49%	Upgrade
Free Cash Flow Margin	25.48%	1.89%	26.35%	22.64%	5.78%	41.35%	Upgrade
EBITDA	10.35	9.33	12.66	11.42	13.01	12.94	Upgrade
EBITDA Margin	24.14%	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	10.34	9.32	12.65	11.41	12.62	11.88	Upgrade
EBIT Margin	24.12%	22.04%	31.86%	30.10%	30.95%	37.90%	Upgrade
Effective Tax Rate	29.99%	30.59%	33.07%	27.75%	20.23%	14.78%	Upgrade
Revenue as Reported	-	-	-	-	40.79	31.35	Upgrade

Updated Oct 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q