Wetouch Technology Inc. (WETH)
NASDAQ: WETH · IEX Real-Time Price · USD
1.899
-0.051 (-2.62%)
At close: May 1, 2024, 3:57 PM
1.900
+0.001 (0.05%)
After-hours: May 1, 2024, 4:40 PM EDT
Wetouch Technology Revenue
In the year 2023, Wetouch Technology had annual revenue of $39.71M with 4.70% growth. Revenue in the quarter ending December 31, 2023 was $2.37M, a -6.98% decrease year-over-year.
Revenue (ttm)
$39.71M
Revenue Growth
+4.70%
P/S Ratio
6.99
Revenue / Employee
$303,099
Employees
131
Market Cap
283.90M 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
- 9 days ago - Wetouch Technology Inc. Announces $56.3M USD Revenue Guidance for FY 2024, Reflecting 41% Growth Over FY 2023 - PRNewsWire
- 4 weeks ago - Wetouch Technology Inc. Preannounce Earnings for Fiscal Year 2023 - PRNewsWire
- 6 weeks ago - Wetouch Announces Strategic Collaboration with IDEC Corporation, Elevating Presence in Japanese Touch Display Market - PRNewsWire
- 2 months ago - WestPark Capital Announces Closing of $10.8 Million Public Offering of Common Stock for Wetouch Technology Inc (Nasdaq: WETH ) - Business Wire
- 2 months ago - Wetouch Technology Inc. Announces Closing of $10.8 Million Public Offering of Common Stock - GlobeNewsWire
- 2 months ago - Wetouch Technology Inc. Announces Pricing of $10.8 Million Public Offering of Common Stock and Concurrent Uplisting to the Nasdaq Capital Market - GlobeNewsWire
- 1 year ago - Wetouch Technology Inc. Announces Construction Progress on New Production Facility - GlobeNewsWire
- 1 year ago - Wetouch Technology Inc. (WETH) Announces FY2022 Financial Guidance - GlobeNewsWire