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%.

Unit: Dollar

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-12-31
Revenues	12,179,802	12,419,455	15,289,578	9,253,904.5
Cost of revenues	8,201,011	8,307,944	9,647,947	7,099,086
Gross profit	3,978,791	4,111,511	5,641,631	2,154,818.5
Selling expenses	143,556	114,575	102,457	152,023.5
General and administrative expenses	708,928	914,032	1,566,440	991,746.5
Operating expenses	852,484	1,028,607	1,668,897	1,100,235
Income from operations	3,126,307	3,082,904	3,972,734	1,054,583.5
Interest income	36,564	35,646	61,094	37,643.5
Interest expense	-	-	-	2,677
Other income (expense)	-	-	-	2,677
Gain (loss)on changes in fair value of common stock purchase warrants liability	-	-	-	111,250
Total other income (loss)	36,564	35,646	61,094	-430,739.5
Income before income tax expense	3,162,871	3,118,550	4,033,828	623,844
Income tax expense	635,679	876,722	1,471,106	289,461.5
Net income	2,527,192	2,241,828	2,562,722	334,382.5
Foreign currency translation adjustment	834,341	1,682,589	732,380	-3,464,784.5
Comprehensive income	3,361,533	3,924,417	3,295,102	-3,130,402

Basic (in dollars per share)	0.21	0.19	0.21	0.035
Basic (in shares)	11,931,534	11,931,534	11,931,534	-6,116,355
Diluted (in dollars per share)	0.21	0.19	0.21	0.035
Diluted (in shares)	11,931,534	11,931,534	11,931,534	-6,141,707.5