| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenues | 12,179,802 | 12,419,455 | 15,289,578 | 11,537,989 |
| Cost of revenues | 8,201,011 | 8,307,944 | 9,647,947 | 7,101,645 |
| Gross profit | 3,978,791 | 4,111,511 | 5,641,631 | 4,436,344 |
| Research and development expense | - | - | - | 43,859 |
| Selling expenses | 143,556 | 114,575 | 102,457 | 159,032 |
| General and administrative expenses | 708,928 | 914,032 | 1,566,440 | 750,441 |
| Operating expenses | 852,484 | 1,028,607 | 1,668,897 | 953,332 |
| Income from operations | 3,126,307 | 3,082,904 | 3,972,734 | 3,483,012 |
| Gain (loss) on derivative instruments, net, pretax | - | - | - | 118,120 |
| Interest income | 36,564 | 35,646 | 61,094 | 39,003 |
| Total other income (loss) | 36,564 | 35,646 | 61,094 | 157,123 |
| Income before income tax expense | 3,162,871 | 3,118,550 | 4,033,828 | 3,640,135 |
| Income tax expense | 635,679 | 876,722 | 1,471,106 | 979,436 |
| Net income | 2,527,192 | 2,241,828 | 2,562,722 | 2,660,699 |
| Foreign currency translation adjustment | 834,341 | 1,682,589 | 732,380 | 4,352,118 |
| Comprehensive income | 3,361,533 | 3,924,417 | 3,295,102 | 7,012,817 |
| Basic (in dollars per share) | 0.21 | 0.19 | 0.21 | 0.22 |
| Basic (in shares) | 11,931,534 | 11,931,534 | 11,931,534 | 11,931,534 |
| Diluted (in dollars per share) | 0.21 | 0.19 | 0.21 | 0.22 |
| Diluted (in shares) | 11,931,534 | 11,931,534 | 11,931,534 | 11,982,239 |
Wetouch Technology Inc. (WETH)
Wetouch Technology Inc. (WETH)