Wetouch Technology Inc. (WETH)
NASDAQ: WETH · Real-Time Price · USD
1.775
-0.025 (-1.39%)
At close: Nov 22, 2024, 4:00 PM
1.780
+0.005 (0.28%)
After-hours: Nov 22, 2024, 4:47 PM 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 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 |
| Revenue | 41.02 | 39.71 | 37.92 | 40.79 | 31.35 | 40 | Upgrade
|
| Revenue Growth (YoY) | 2.86% | 4.70% | -7.02% | 30.11% | -21.64% | 8.87% | Upgrade
|
| Cost of Revenue | 28.27 | 22.52 | 23.87 | 22.35 | 15.74 | 20.27 | Upgrade
|
| Gross Profit | 12.76 | 17.19 | 14.05 | 18.43 | 15.61 | 19.74 | Upgrade
|
| Selling, General & Admin | 5.12 | 4.46 | 2.55 | 2.57 | 2.59 | 2.6 | Upgrade
|
| Research & Development | 0.15 | 0.08 | 0.09 | 0.09 | 0.08 | 0.14 | Upgrade
|
| Operating Expenses | 5.27 | 4.54 | 2.64 | 5.81 | 3.73 | 2.74 | Upgrade
|
| Operating Income | 7.48 | 12.65 | 11.41 | 12.62 | 11.88 | 17 | Upgrade
|
| Interest Expense | -1.21 | -0.25 | -0.22 | -0.03 | -1.73 | -0.02 | Upgrade
|
| Interest & Investment Income | 0.14 | 0.12 | 0.12 | 0.1 | 0.08 | 0.08 | Upgrade
|
| Other Non Operating Income (Expenses) | 0.21 | -0.12 | 0.87 | 1.45 | 0.25 | 0.25 | Upgrade
|
| EBT Excluding Unusual Items | 6.62 | 12.39 | 12.18 | 14.15 | 10.48 | 17.31 | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | - | 7.65 | - | - | Upgrade
|
| Legal Settlements | -0.05 | -0.05 | - | - | - | - | Upgrade
|
| Other Unusual Items | - | - | -0.1 | - | - | -0.87 | Upgrade
|
| Pretax Income | 6.57 | 12.35 | 12.08 | 21.8 | 10.48 | 16.44 | Upgrade
|
| Income Tax Expense | 2.71 | 4.08 | 3.35 | 4.41 | 1.55 | 2.72 | Upgrade
|
| Net Income | 3.86 | 8.26 | 8.73 | 17.39 | 8.93 | 13.72 | Upgrade
|
| Net Income to Common | 3.86 | 8.26 | 8.73 | 17.39 | 8.93 | 13.72 | Upgrade
|
| Net Income Growth | -62.42% | -5.34% | -49.78% | 94.68% | -34.89% | 16.23% | Upgrade
|
| Shares Outstanding (Basic) | 11 | 9 | 2 | 2 | 1 | 1 | Upgrade
|
| Shares Outstanding (Diluted) | 11 | 9 | 2 | 2 | 1 | 1 | Upgrade
|
| Shares Change (YoY) | 49.05% | 408.48% | 12.93% | 12.65% | 3.52% | - | Upgrade
|
| EPS (Basic) | 0.35 | 0.89 | 5.39 | 10.93 | 6.21 | 9.80 | Upgrade
|
| EPS (Diluted) | 0.34 | 0.89 | 4.73 | 10.93 | 6.20 | 9.80 | Upgrade
|
| EPS Growth | -75.22% | -81.18% | -56.73% | 76.30% | -36.72% | - | Upgrade
|
| Free Cash Flow | 0.59 | 10.46 | 8.59 | 2.36 | 12.96 | 10.16 | Upgrade
|
| Free Cash Flow Per Share | 0.05 | 1.12 | 4.66 | 1.44 | 8.94 | 7.26 | Upgrade
|
| Gross Margin | 31.09% | 43.30% | 37.05% | 45.19% | 49.80% | 49.34% | Upgrade
|
| Operating Margin | 18.24% | 31.86% | 30.10% | 30.95% | 37.90% | 42.50% | Upgrade
|
| Profit Margin | 9.41% | 20.81% | 23.02% | 42.63% | 28.49% | 34.29% | Upgrade
|
| Free Cash Flow Margin | 1.43% | 26.35% | 22.64% | 5.78% | 41.35% | 25.39% | Upgrade
|
| EBITDA | 7.49 | 12.66 | 11.42 | 13.01 | 12.94 | 18.04 | Upgrade
|
| EBITDA Margin | 18.26% | 31.88% | 30.13% | 31.89% | 41.27% | 45.09% | Upgrade
|
| D&A For EBITDA | 0.01 | 0.01 | 0.01 | 0.38 | 1.06 | 1.04 | Upgrade
|
| EBIT | 7.48 | 12.65 | 11.41 | 12.62 | 11.88 | 17 | Upgrade
|
| EBIT Margin | 18.24% | 31.86% | 30.10% | 30.95% | 37.90% | 42.50% | Upgrade
|
| Effective Tax Rate | 41.28% | 33.07% | 27.75% | 20.23% | 14.78% | 16.57% | Upgrade
|
| Revenue as Reported | - | - | - | 40.79 | 31.35 | - | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.