Financials in USD. Standardized financial statements.
A compact view of how Wetouch Technology Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue? | $45.14M | $42.28M | $39.71M | $37.92M | $40.79M | $31.35M | $40.00M |
| Revenue Growth? | +6.8% | +6.5% | +4.7% | -7.0% | +30.1% | -21.6% | 0.0% |
| Cost of Revenue? | $30.77M | $28.67M | $22.52M | $23.87M | $22.35M | $15.74M | $21.30M |
| Gross Profit? | $14.37M | $13.61M | $17.19M | $14.05M | $18.43M | $15.61M | $18.70M |
| Gross Margin? | +31.8% | +32.2% | +43.3% | +37.0% | +45.2% | +49.8% | +46.7% |
| Operating Expenses? | $4.40M | $4.29M | $4.54M | $2.64M | $5.81M | $3.73M | $1.70M |
| Operating Income? | $9.97M | $9.32M | $12.65M | $11.41M | $12.62M | $11.88M | $17.00M |
| EBITDA? | $10.78M | $9.33M | $12.66M | $11.42M | $13.01M | $12.94M | $18.04M |
| Income Before Tax | $10.16M | $8.69M | $12.35M | $12.08M | $21.80M | $10.48M | $16.44M |
| Income Tax Expense | $3.00M | $2.66M | $4.08M | $3.35M | $4.41M | $1.55M | $2.72M |
| Net Income? | $7.16M | $6.03M | $8.26M | $8.73M | $17.39M | $8.93M | $13.72M |
| EPS? | $0.60 | $0.52 | $0.89 | $5.39 | $10.93 | $6.21 | $9.53 |
| Diluted EPS? | $0.60 | $0.52 | $0.88 | $4.74 | $10.65 | $6.20 | $9.46 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality