WeTrade Group, Inc. (WETG) Financials

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$0.29

north_east NA Past Year
Day's range
$0.29
Day's range
$0.3

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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