Last quarter (Q ), Wetouch Technology's total revenue was $11.12M, a decrease of -7.26% from the same quarter last year. In Q, Wetouch Technology's net income was $2.86M. See Wetouch Technology’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 22	Dec 21
Total Revenue	$ 49.08M	$ 37.92M	$ 40.79M
Cost of Revenue	$ 26.96M	$ 23.87M	$ 22.35M
Gross Profit	$ 22.12M	$ 14.05M	$ 18.43M
Operating Expense	$ 3.39M	$ 2.64M	$ 5.81M
Operating Income	$ 18.73M	$ 11.41M	$ 12.62M
Net Non Operating Interest Income Expense	$ -148.43K	$ -106.17K	$ 68.08K
Other Income Expense	$ 62.08K	$ -774.75K	$ -9.10M
Pretax Income	$ 18.52M	$ 12.08M	$ 21.80M
Tax Provision	$ 5.27M	$ 3.35M	$ 4.41M
Earnings From Equity Interest Net Of Tax	-	-	-
Net Income Common Stockholders	$ 13.26M	$ 8.73M	$ 17.39M
Basic EPS	$ 2.13	$ 0.27	$ 11.00
Diluted EPS	$ 2.13	$ 0.27	$ 11.00
Basic Average Shares	$ 364.79M	$ 32.41M	$ 1.59M
Diluted Average Shares	$ 369.07M	$ 36.88M	$ 1.63M
Dividend Per Share	-	-	-
Total Operating Income As Reported	-	-	-
Reported Normalized Basic E P S	-	-	-
Reported Normalized Diluted E P S	-	-	-
Rent Expense Supplemental	-	-	-
Total Expenses	$ 30.35M	$ 26.51M	$ 28.16M
Net Income From Continuing And Discontinued Operation	$ 13.26M	$ 8.73M	$ 17.39M
Normalized Income	$ 14.63M	$ 9.55M	$ 9.57M
Interest Expense	-	-	-
EBIT	$ 18.79M	$ 12.31M	$ 21.82M
EBITDA	$ 8.40M	$ 12.47M	$ 22.21M

Currency in USD

Wetouch Technology Earnings and Revenue History

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