Wetouch Technology Inc
NASDAQ:WETH
Income Statement
Earnings Waterfall
Wetouch Technology Inc
Income Statement
Wetouch Technology Inc
| 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%
|
|