Wetouch Technology Inc.

WETH · NASDAQ
Analyze with AI
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$42,280$39,706$37,923$40,785
% Growth6.5%4.7%-7%
Cost of Goods Sold$28,674$22,515$23,873$22,354
Gross Profit$13,607$17,191$14,050$18,431
% Margin32.2%43.3%37%45.2%
R&D Expenses$0$85$85$89
G&A Expenses$3,537$3,847$1,262$5,086
SG&A Expenses$4,289$4,456$2,551$5,717
Sales & Mktg Exp.$753$609$1,288$631
Other Operating Expenses$0$0$0$0
Operating Expenses$4,289$4,540$2,636$5,806
Operating Income$9,317$12,650$11,415$12,625
% Margin22%31.9%30.1%31%
Other Income/Exp. Net-$629-$303$669$9,171
Pre-Tax Income$8,689$12,347$12,083$21,796
Tax Expense$2,658$4,083$3,353$4,410
Net Income$6,031$8,264$8,730$17,386
% Margin14.3%20.8%23%42.6%
EPS0.520.895.3910.93
% Growth-41.6%-83.5%-50.7%
EPS Diluted0.520.884.7410.65
Weighted Avg Shares Out11,6309,2861,6211,591
Weighted Avg Shares Out Dil11,6819,3751,8441,633
Supplemental Information
Interest Income$152$118$119$96
Interest Expense$1,170$252$225$27
Depreciation & Amortization$10$9$10$381
EBITDA$9,327$12,660$11,425$13,006
% Margin22.1%31.9%30.1%31.9%