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Wetouch Technology Inc
NASDAQ:WETH

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Wetouch Technology Inc
NASDAQ:WETH
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Price: 1.46 -0.68% Market Closed
Market Cap: 17.4m

Income Statement

Earnings Waterfall
Wetouch Technology Inc

Income Statement
Wetouch Technology Inc

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Income Statement
Currency:
Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025
Revenue
Interest Expense
0
0
0
1
0
0
0
0
0
Revenue
40
N/A
40
-1%
40
0%
41
+4%
41
-1%
41
+1%
42
+3%
43
+1%
43
+0%
Gross Profit
Cost of Revenue
(23)
(23)
(23)
(27)
(28)
(28)
(29)
(27)
(28)
Gross Profit
17
N/A
17
-2%
17
+3%
14
-16%
13
-10%
13
-3%
14
+7%
16
+17%
15
-5%
Operating Income
Operating Expenses
(3)
(3)
(5)
(4)
(5)
(5)
(4)
(5)
(5)
Selling, General & Administrative
(3)
(3)
(4)
(4)
(5)
(5)
(4)
(5)
(5)
Research & Development
(0)
(0)
(0)
(0)
(0)
(0)
0
(0)
(0)
Operating Income
14
N/A
14
-3%
13
-9%
11
-16%
8
-22%
7
-10%
9
+25%
11
+18%
10
-6%
Pre-Tax Income
Interest Income Expense
1
0
(0)
(1)
(1)
(1)
(1)
1
1
Total Other Income
0
0
(0)
0
0
0
0
(0)
(0)
Pre-Tax Income
15
N/A
14
-3%
12
-14%
9
-24%
7
-26%
7
-5%
9
+32%
12
+32%
11
-6%
Net Income
Tax Provision
(4)
(4)
(4)
(3)
(3)
(3)
(3)
(3)
(3)
Income from Continuing Operations
11
10
8
6
4
4
6
8
8
Net Income (Common)
11
N/A
10
-4%
8
-20%
6
-27%
4
-33%
4
-5%
6
+56%
8
+33%
8
-6%
EPS (Diluted)
1.09
N/A
1.04
-5%
0.88
-15%
0.45
-49%
0.35
-22%
0.32
-9%
0.52
+63%
0.67
+29%
0.63
-6%