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Wetouch Technology (WETH)
NASDAQ:WETH
US Market
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Wetouch Technology (WETH) Income Statement

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Wetouch Technology Income Statement

Last quarter (Q1 2024), Wetouch Technology's total revenue was $14.88M, an increase of 26.58% from the same quarter last year. In Q1, Wetouch Technology's net income was $558.87K. See Wetouch Technology’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 22Dec 21
Total Revenue
$ 52.21M$ 37.92M$ 40.79M
Cost of Revenue
$ 31.80M$ 23.87M$ 22.35M
Gross Profit
$ 20.41M$ 14.05M$ 18.43M
Operating Expense
$ 3.42M$ 2.64M$ 5.81M
Operating Income
$ 16.99M$ 11.41M$ 12.62M
Net Non Operating Interest Income Expense
$ -1.26M$ -106.17K$ 68.08K
Other Income Expense
$ 69.84K$ -774.75K$ -9.10M
Pretax Income
$ 15.66M$ 12.08M$ 21.80M
Tax Provision
$ 4.77M$ 3.35M$ 4.41M
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ 10.88M$ 8.73M$ 17.39M
Basic EPS
$ 0.37$ 0.27$ 11.00
Diluted EPS
$ 0.37$ 0.27$ 11.00
Basic Average Shares
$ 376.54M$ 32.41M$ 1.59M
Diluted Average Shares
$ 380.83M$ 36.88M$ 1.63M
Dividend Per Share
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Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
---
Rent Expense Supplemental
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Total Expenses
$ 35.22M$ 26.51M$ 28.16M
Net Income From Continuing And Discontinued Operation
$ 10.88M$ 8.73M$ 17.39M
Normalized Income
$ 12.62M$ 9.55M$ 9.57M
Interest Expense
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EBIT
$ 17.04M$ 12.31M$ 21.82M
EBITDA
$ 10.79M$ 12.47M$ 22.21M
Currency in USD

Wetouch Technology Earnings and Revenue History

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