WETG
Income statement / Annual
Last year (2023), WeTrade Group, Inc.'s total revenue was $2.63 M,
a decrease of 77.44% from the previous year.
In 2023, WeTrade Group, Inc.'s net income was -$4.23 M.
See WeTrade Group, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$2.63 M
|
$11.67 M
|
$14.38 M
|
$6.27 M
|
$0.00
|
| Cost of Revenue |
$1.20 M |
$9.70 M |
$2.68 M |
$615,595.00 |
$0.00 |
| Gross Profit |
$1.44 M |
$1.98 M |
$11.70 M |
$5.66 M |
$0.00 |
| Gross Profit Ratio |
0.55 |
0.17 |
0.81 |
0.9 |
0 |
| Research and Development
Expenses |
$0.00
|
$36,347.00
|
$25,176.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$3.48 M
|
$11.84 M
|
$5.71 M
|
$1.90 M
|
$556,543.00
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
-$139,136.00
|
| Selling, General &
Administrative Expenses |
$3.48 M
|
$11.84 M
|
$5.71 M
|
$1.90 M
|
$417,407.00
|
| Other Expenses |
-$1.13 M |
$636,934.00 |
$303,665.00 |
$82,960.00 |
$0.00 |
| Operating Expenses |
$3.48 M |
$11.84 M |
$5.71 M |
$1.90 M |
$417,407.00 |
| Cost And Expenses |
$4.68 M |
$21.54 M |
$8.39 M |
$2.52 M |
$417,407.00 |
| Interest Income |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$167,895.00
|
$277,837.00
|
$35,872.00
|
$11,696.00
|
$171,860.00
|
| EBITDA |
-$2.04 M
|
-$9.59 M
|
$6.03 M
|
$3.77 M
|
-$417,410.00
|
| EBITDA Ratio |
-0.78 |
-0.82 |
0.42 |
0.6 |
0 |
| Operating Income Ratio
|
-0.78
|
-0.85
|
0.42
|
0.6
|
0
|
| Total Other
Income/Expenses Net |
-$1.13 M
|
$636,934.00
|
$303,665.00
|
$82,960.00
|
$3.00
|
| Income Before Tax |
-$3.17 M |
-$9.23 M |
$6.30 M |
$3.84 M |
-$417,407.00 |
| Income Before Tax Ratio
|
-1.21
|
-0.79
|
0.44
|
0.61
|
0
|
| Income Tax Expense |
$1.05 M |
-$82,654.00 |
$1.12 M |
$1.16 M |
-$556,543.00 |
| Net Income |
-$4.23 M |
-$9.15 M |
$5.18 M |
$2.68 M |
-$417,407.00 |
| Net Income Ratio |
-1.6 |
-0.78 |
0.36 |
0.43 |
0 |
| EPS |
-0.0488 |
-7.58 |
3.13 |
1.63 |
-0.25 |
| EPS Diluted |
-0.0488 |
-7.58 |
3.13 |
1.63 |
-0.25 |
| Weighted Average Shares
Out |
$86.56 M
|
$1.21 M
|
$1.65 M
|
$1.64 M
|
$1.62 M
|
| Weighted Average Shares
Out Diluted |
$86.56 M
|
$1.21 M
|
$1.65 M
|
$1.64 M
|
$1.62 M
|
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