WETH
Wetouch Technology Inc.
NASDAQ · Real Estate · Real Estate - Services · CN
$1.26
+5.00%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 47.7M | 45.1M | 42.3M | 39.7M | 37.9M |
| Cost of Revenue | 32.4M | 30.8M | 28.7M | 22.5M | 23.9M |
| Gross Profit | 15.3M | 14.4M | 13.6M | 17.2M | 14.1M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | 84.6K | 85.3K |
| SG&A Expense | 3.1M | 4.4M | 4.3M | 4.5M | 2.6M |
| General & Admin Expense | 2.5M | 3.8M | 3.5M | 3.8M | 1.3M |
| Selling & Marketing Expense | 663.6K | 569.2K | 752.8K | 608.5K | 1.3M |
| Other Expenses | 1.0M | — | — | — | — |
| Total Operating Expenses | 4.2M | 4.4M | 4.3M | 4.5M | 2.6M |
| Cost and Expenses | 36.6M | 35.2M | 33.0M | 27.1M | 26.5M |
| Operating Income (EBIT) | 11.2M | 10.0M | 9.3M | 12.7M | 11.4M |
| Non-Operating | |||||
| Interest Income | 107.1K | 156.6K | 152.3K | 117.7K | 118.7K |
| Interest Expense | — | — | 1.2M | 252.3K | 224.9K |
| Net Interest Income | 107.1K | 156.6K | (1.0M) | (134.6K) | (106.2K) |
| Other Non-Op Income/Expense | 143.0K | 192.5K | (628.6K) | (303.3K) | 668.6K |
| Non-Operating Income (excl Interest) | (143.0K) | (192.5K) | (541.4K) | 51.0K | (893.5K) |
| EBT (Pre-Tax Income) | 11.3M | 10.2M | 8.7M | 12.3M | 12.1M |
| Income Tax Expense | 2.9M | 3.0M | 2.7M | 4.1M | 3.4M |
| Bottom Line | |||||
| Net Income | 8.4M | 7.2M | 6.0M | 8.3M | 8.7M |
| Earnings from Cont. Ops | 8.4M | 7.2M | 6.0M | 8.3M | 8.7M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 8.4M | 7.2M | 6.0M | 8.3M | 8.7M |
| Per Share | |||||
| Basic EPS | $0.70 | $0.60 | $0.52 | $0.89 | $5.39 |
| Diluted EPS | $0.70 | $0.60 | $0.52 | $0.88 | $4.74 |
| Revenue Per Share | $3.89 | $3.78 | $3.64 | $4.28 | $23.40 |
| Shares | |||||
| Basic Shares Outstanding | 12.3M | 11.9M | 11.6M | 9.3M | 1.6M |
| Diluted Shares Outstanding | 12.3M | 11.9M | 11.7M | 9.4M | 1.8M |
| Profitability Metrics | |||||
| EBITDA | 11.8M | 10.8M | 9.9M | 12.6M | 12.3M |
| D&A | 476.8K | 623.5K | 9.8K | 9.4K | 9.9K |
| EBIT | 11.3M | 10.2M | 9.9M | 12.6M | 12.3M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026