Wetouch Technology Inc. (WETH)
NASDAQ: WETH · IEX Real-Time Price · USD
3.020
+0.240 (8.63%)
At close: Jul 2, 2024, 4:00 PM
3.010
-0.010 (-0.33%)
Pre-market: Jul 3, 2024, 4:50 AM EDT
Wetouch Technology Revenue
Wetouch Technology had revenue of $41.15M in the twelve months ending March 31, 2024, with 4.54% growth year-over-year. Revenue in the quarter ending March 31, 2024 was $14.88M with 10.75% year-over-year growth. In the year 2023, Wetouch Technology had annual revenue of $39.71M with 4.70% growth.
Revenue (ttm)
$41.15M
Revenue Growth
+4.54%
P/S Ratio
0.88
Revenue / Employee
$314,120
Employees
131
Market Cap
36.03M USD
Revenue Chart
Revenue History
Fiscal Year End | Revenue | Change | Growth |
---|---|---|---|
Dec 31, 2023 | 39.71M | 1.78M | 4.70% |
Dec 31, 2022 | 37.92M | -2.86M | -7.02% |
Dec 31, 2021 | 40.79M | 9.44M | 30.11% |
Dec 31, 2020 | 31.35M | -8.66M | -21.64% |
Dec 31, 2019 | 40.00M | 3.26M | 8.87% |
Dec 31, 2018 | 36.75M | - | - |
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.
Revenue Definition
Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.
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WETH News
- 8 days ago - WeTouch Technology Inc. CEO Zongyi Lian's Letter to Shareholders - PRNewsWire
- 15 days ago - WeTouch Announces First Quarter Fiscal Year 2024 Financial Results with Cash Reserves of $94.8 Million - PRNewsWire
- 2 months ago - Wetouch Technology Inc. Unveils Cutting-Edge Second-Generation Touchscreen Products and Receives US $15M in Orders - PRNewsWire
- 2 months ago - Wetouch Technology Inc. Announces $56.3M USD Revenue Guidance for FY 2024, Reflecting 41% Growth Over FY 2023 - PRNewsWire
- 3 months ago - Wetouch Technology Inc. Preannounce Earnings for Fiscal Year 2023 - PRNewsWire
- 3 months ago - Wetouch Announces Strategic Collaboration with IDEC Corporation, Elevating Presence in Japanese Touch Display Market - PRNewsWire
- 4 months ago - WestPark Capital Announces Closing of $10.8 Million Public Offering of Common Stock for Wetouch Technology Inc (Nasdaq: WETH ) - Business Wire
- 4 months ago - Wetouch Technology Inc. Announces Closing of $10.8 Million Public Offering of Common Stock - GlobeNewsWire