Wetouch Technology Inc. (WETH)
NASDAQ: WETH · IEX Real-Time Price · USD
1.830
+0.020 (1.10%)
At close: Jul 26, 2024, 4:00 PM
1.810
-0.020 (-1.09%)
After-hours: Jul 26, 2024, 6:09 PM EDT
Wetouch Technology Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Year Ending | TTM | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Revenue | 41.15 | 39.71 | 37.92 | 40.79 | 31.35 | 40 | Upgrade
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| Revenue Growth (YoY) | 4.54% | 4.70% | -7.02% | 30.11% | -21.64% | 8.87% | Upgrade
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| Cost of Revenue | 26.66 | 22.52 | 23.87 | 22.35 | 15.74 | 20.27 | Upgrade
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| Gross Profit | 14.49 | 17.19 | 14.05 | 18.43 | 15.61 | 19.74 | Upgrade
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| Selling, General & Admin | 3.73 | 4.46 | 2.55 | 5.72 | 3.65 | 2.6 | Upgrade
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| Research & Development | 0.11 | 0.08 | 0.09 | 0.09 | 0.08 | 0.14 | Upgrade
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| Operating Expenses | 3.84 | 4.54 | 2.64 | 5.81 | 3.73 | 2.74 | Upgrade
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| Operating Income | 10.65 | 12.65 | 11.41 | 12.62 | 11.88 | 17 | Upgrade
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| Interest Expense | -1.39 | -0.25 | -0.22 | -0.03 | -1.73 | -0.02 | Upgrade
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| Interest & Investment Income | 0.12 | 0.12 | 0.12 | 0.1 | 0.08 | 0.08 | Upgrade
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| Other Non Operating Income (Expenses) | 0.03 | -0.12 | 0.87 | 1.45 | 0.25 | 0.25 | Upgrade
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| EBT Excluding Unusual Items | 9.41 | 12.39 | 12.18 | 14.15 | 10.48 | 17.31 | Upgrade
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| Gain (Loss) on Sale of Assets | - | - | - | 7.65 | - | - | Upgrade
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| Legal Settlements | -0.05 | -0.05 | - | - | - | - | Upgrade
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| Other Unusual Items | - | - | -0.1 | - | - | -0.87 | Upgrade
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| Pretax Income | 9.37 | 12.35 | 12.08 | 21.8 | 10.48 | 16.44 | Upgrade
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| Income Tax Expense | 3.34 | 4.08 | 3.35 | 4.41 | 1.55 | 2.72 | Upgrade
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| Net Income | 6.03 | 8.26 | 8.73 | 17.39 | 8.93 | 13.72 | Upgrade
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| Net Income to Common | 6.03 | 8.26 | 8.73 | 17.39 | 8.93 | 13.72 | Upgrade
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| Net Income Growth | -32.71% | -5.34% | -49.78% | 94.68% | -34.89% | 16.23% | Upgrade
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| Shares Outstanding (Basic) | 11 | 9 | 2 | 2 | 1 | 1 | Upgrade
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| Shares Outstanding (Diluted) | 11 | 9 | 2 | 2 | 1 | 1 | Upgrade
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| Shares Change (YoY) | 209.06% | 408.48% | 12.93% | 12.65% | 3.52% | - | Upgrade
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| EPS (Basic) | 0.57 | 0.89 | 5.39 | 10.93 | 6.21 | 9.80 | Upgrade
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| EPS (Diluted) | 0.56 | 0.89 | 4.73 | 10.93 | 6.20 | 9.80 | Upgrade
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| EPS Growth | -78.14% | -81.18% | -56.73% | 76.30% | -36.72% | - | Upgrade
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| Free Cash Flow | -1.58 | 10.46 | 8.59 | 2.36 | 12.96 | 10.16 | Upgrade
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| Free Cash Flow Per Share | -0.15 | 1.12 | 4.66 | 1.44 | 8.94 | 7.26 | Upgrade
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| Gross Margin | 35.21% | 43.30% | 37.05% | 45.19% | 49.80% | 49.34% | Upgrade
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| Operating Margin | 25.89% | 31.86% | 30.10% | 30.95% | 37.90% | 42.50% | Upgrade
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| Profit Margin | 14.65% | 20.81% | 23.02% | 42.63% | 28.49% | 34.29% | Upgrade
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| Free Cash Flow Margin | -3.85% | 26.35% | 22.64% | 5.78% | 41.35% | 25.39% | Upgrade
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| EBITDA | 10.66 | 12.66 | 11.42 | 13.01 | 12.94 | 18.04 | Upgrade
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| EBITDA Margin | 25.92% | 31.88% | 30.13% | 31.89% | 41.27% | 45.09% | Upgrade
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| D&A For EBITDA | 0.01 | 0.01 | 0.01 | 0.38 | 1.06 | 1.04 | Upgrade
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| EBIT | 10.65 | 12.65 | 11.41 | 12.62 | 11.88 | 17 | Upgrade
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| EBIT Margin | 25.89% | 31.86% | 30.10% | 30.95% | 37.90% | 42.50% | Upgrade
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| Effective Tax Rate | 35.64% | 33.07% | 27.75% | 20.23% | 14.78% | 16.57% | Upgrade
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| Revenue as Reported | - | - | - | 40.79 | 31.35 | - | Upgrade
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Source: S&P Capital IQ. Standard template.