Wetouch Technology Inc. (WETH)
NASDAQ: WETH · Real-Time Price · USD
1.820
-0.040 (-2.15%)
Dec 5, 2025, 4:00 PM EST - Market closed
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 | Sep '25 Sep 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 | 43.52 | 42.28 | 39.71 | 37.92 | 40.79 | 31.35 | Upgrade
|
| Revenue Growth (YoY) | 6.08% | 6.48% | 4.70% | -7.02% | 30.11% | -21.64% | Upgrade
|
| Cost of Revenue | 28.82 | 28.67 | 22.52 | 23.87 | 22.35 | 15.74 | Upgrade
|
| Gross Profit | 14.7 | 13.61 | 17.19 | 14.05 | 18.43 | 15.61 | Upgrade
|
| Selling, General & Admin | 4.85 | 4.29 | 4.46 | 2.55 | 2.57 | 2.59 | Upgrade
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| Research & Development | -0.13 | - | 0.08 | 0.09 | 0.09 | 0.08 | Upgrade
|
| Operating Expenses | 4.72 | 4.29 | 4.54 | 2.64 | 5.81 | 3.73 | Upgrade
|
| Operating Income | 9.99 | 9.32 | 12.65 | 11.41 | 12.62 | 11.88 | Upgrade
|
| Interest Expense | - | -1.17 | -0.25 | -0.22 | -0.03 | -1.73 | Upgrade
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| Interest & Investment Income | 0.18 | 0.15 | 0.12 | 0.12 | 0.1 | 0.08 | Upgrade
|
| Other Non Operating Income (Expenses) | 0.18 | 0.39 | -0.17 | 0.87 | 1.45 | 0.25 | Upgrade
|
| EBT Excluding Unusual Items | 10.34 | 8.69 | 12.35 | 12.18 | 14.15 | 10.48 | Upgrade
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| Gain (Loss) on Sale of Assets | - | - | - | - | 7.65 | - | Upgrade
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| Other Unusual Items | - | - | - | -0.1 | - | - | Upgrade
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| Pretax Income | 10.34 | 8.69 | 12.35 | 12.08 | 21.8 | 10.48 | Upgrade
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| Income Tax Expense | 2.9 | 2.66 | 4.08 | 3.35 | 4.41 | 1.55 | Upgrade
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| Net Income | 7.44 | 6.03 | 8.26 | 8.73 | 17.39 | 8.93 | Upgrade
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| Net Income to Common | 7.44 | 6.03 | 8.26 | 8.73 | 17.39 | 8.93 | Upgrade
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| Net Income Growth | 92.77% | -27.02% | -5.34% | -49.79% | 94.68% | -34.89% | Upgrade
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| Shares Outstanding (Basic) | 12 | 12 | 9 | 2 | 2 | 1 | Upgrade
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| Shares Outstanding (Diluted) | 12 | 12 | 9 | 2 | 2 | 1 | Upgrade
|
| Shares Change (YoY) | 7.21% | 24.60% | 408.48% | 12.93% | 12.65% | 3.52% | Upgrade
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| EPS (Basic) | 0.62 | 0.52 | 0.89 | 5.39 | 10.93 | 6.21 | Upgrade
|
| EPS (Diluted) | 0.62 | 0.52 | 0.89 | 4.73 | 10.93 | 6.20 | Upgrade
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| EPS Growth | 81.55% | -41.73% | -81.18% | -56.73% | 76.30% | -36.72% | Upgrade
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| Free Cash Flow | 10.15 | 0.8 | 10.46 | 8.59 | 2.36 | 12.96 | Upgrade
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| Free Cash Flow Per Share | 0.85 | 0.07 | 1.12 | 4.66 | 1.44 | 8.94 | Upgrade
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| Gross Margin | 33.79% | 32.18% | 43.30% | 37.05% | 45.19% | 49.80% | Upgrade
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| Operating Margin | 22.95% | 22.04% | 31.86% | 30.10% | 30.95% | 37.90% | Upgrade
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| Profit Margin | 17.10% | 14.27% | 20.81% | 23.02% | 42.63% | 28.49% | Upgrade
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| Free Cash Flow Margin | 23.32% | 1.89% | 26.35% | 22.64% | 5.78% | 41.35% | Upgrade
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| EBITDA | 10 | 9.33 | 12.66 | 11.42 | 13.01 | 12.94 | Upgrade
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| EBITDA Margin | 22.98% | 22.06% | 31.88% | 30.13% | 31.89% | 41.27% | Upgrade
|
| D&A For EBITDA | 0.02 | 0.01 | 0.01 | 0.01 | 0.38 | 1.06 | Upgrade
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| EBIT | 9.99 | 9.32 | 12.65 | 11.41 | 12.62 | 11.88 | Upgrade
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| EBIT Margin | 22.95% | 22.04% | 31.86% | 30.10% | 30.95% | 37.90% | Upgrade
|
| Effective Tax Rate | 28.05% | 30.59% | 33.07% | 27.75% | 20.23% | 14.78% | Upgrade
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| Revenue as Reported | - | - | - | - | 40.79 | 31.35 | Upgrade
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Updated Oct 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.