Financial insights of WETH

MyFinsight

For the quarter ending 2025-09-30, WETH made $12,179,802 in revenue. $3,361,533 in net income. Net profit margin of 27.60%.

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-12-31
Revenues	12,179,802	12,419,455	15,289,578	6,621,527*
Cost of revenues	8,201,011	8,307,944	9,647,947	6,960,471*
Gross profit	3,978,791	4,111,511	5,641,631	-338,944*
Selling expenses	143,556	114,575	102,457	79,673*
General and administrative expenses	708,928	914,032	1,566,440	1,076,336*
Operating expenses	852,484	1,028,607	1,668,897	1,156,009*
Income from operations	3,126,307	3,082,904	3,972,734	-1,494,953*
Interest income	36,564	35,646	61,094	36,762.5*
Interest expense	-	-	-	1,161,943*
Other income (expense)	-	-	-	2,677*
Gain (loss)on changes in fair value of common stock purchase warrants liability	-	-	-	144,564.5*
Total other income (loss)	36,564	35,646	61,094	-977,939*
Income before income tax expense	3,162,871	3,118,550	4,033,828	-2,472,892*
Income tax expense	635,679	876,722	1,471,106	-460,460.5*
Net income	2,527,192	2,241,828	2,562,722	-2,012,431.5*
Foreign currency translation adjustment	834,341	1,682,589	732,380	-8,716,425*
Comprehensive income	3,361,533	3,924,417	3,295,102	-10,728,856.5

Basic EPS	0.21	0.19	0.21	-0.973
Diluted EPS	0.21	0.19	0.21	-0.968
Basic Average Shares	11,931,534	11,931,534	11,931,534	11,028,006
Diluted Average Shares	11,931,534	11,931,534	11,931,534	11,078,711