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Wetouch Technology Inc. (WETH)

NasdaqCM - NasdaqCM Real-time price. Currency in USD
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1.8900-0.1500 (-7.35%)
At close: 04:00PM EDT
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Annual

Income statement

All numbers in thousands
Breakdown
ttm
31/12/2023
31/12/2022
31/12/2021
31/12/2020
Total revenue
39,706
39,706
37,923
40,785
31,346
Cost of revenue
22,515
22,515
23,873
22,354
15,736
Gross profit
17,191
17,191
14,050
18,431
15,610
Operating expenses
Research development
84.551
84.551
85.251
89.477
77.997
Selling general and administrative
4,456
4,456
2,551
5,717
3,651
Total operating expenses
4,540
4,540
2,636
5,111
3,483
Operating income or loss
12,650
12,650
11,415
13,320
12,127
Interest expense
252.325
252.325
224.885
27.45
1,729
Total other income/expenses net
-168.741
-168.741
774.75
8,408
-
Income before tax
12,347
12,347
12,083
21,796
10,480
Income tax expense
4,083
4,083
3,353
4,410
1,549
Income from continuing operations
8,264
8,264
8,730
17,386
8,930
Net income
8,264
8,264
8,730
17,386
8,930
Net income available to common shareholders
8,264
8,264
8,730
17,386
8,930
Basic EPS
1.06
-
5.38
11.00
6.20
Diluted EPS
1.06
-
4.73
11.00
6.20
Basic average shares
7,269
-
1,621
1,591
1,439
Diluted average shares
7,475
-
1,844
1,633
1,449