Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $40.0M | $31.3M | $40.7M | $37.9M | $12.0M | $14.9M | $14.2M |
| Revenue growth | — | -21.6% | 29.8% | -6.8% | -68.3% | 24.1% | -4.9% |
| Gross profit | $19.7M | $15.6M | $18.4M | $14.1M | $17.2M | $13.6M | $14.4M |
| Gross margin | 49.3% | 49.8% | 45.3% | 37.0% | 142.8% | 91.1% | 101.2% |
| Operating income | $17.0M | $11.9M | $12.6M | $11.4M | $12.7M | $9.32M | $9.97M |
| Operating margin | 42.5% | 37.9% | 31.0% | 30.1% | 105.1% | 62.4% | 70.2% |
| Net income | $13.7M | $8.93M | $17.4M | $8.73M | $8.26M | $6.03M | $7.16M |
| Net margin | 34.3% | 28.5% | 42.7% | 23.0% | 68.7% | 40.4% | 50.4% |
| EPS (diluted) | $0.49 | $0.31 | $0.55 | $4.73 | $0.89 | $0.52 | $0.60 |
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $10.2M | $13.0M | $14.1M | $8.59M | $12.7M | $1.07M | $7.39M |
| Capital expenditures | $5.01K | — | $11.7M | — | $2.26M | $272K | $322K |
| Free cash flow | $10.2M | — | $2.36M | — | $10.5M | $797K | $7.07M |
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $14.3M | $24.0M | $46.2M | $51.3M | $98.0M | $104M | $118M |
| Total assets | $41.7M | $47.1M | $68.7M | $73.1M | $120M | $128M | $141M |
| Total liabilities | $10.1M | $2.71M | $4.37M | $4.27M | $6.72M | $3.43M | $3.24M |
| Shareholders' equity | $31.7M | $44.4M | $64.3M | $68.8M | $113M | $125M | $137M |
| Retained earnings | $31.4M | $39.2M | $54.6M | $62.4M | $69.5M | $74.6M | $81.8M |
| Shares (wtd avg diluted) | 28.0M | 29.0M | 32.7M | 1.84M | 9.38M | 11.7M | 11.9M |
Every figure is extracted from Wetouch Technology Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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