WeTrade Group
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. WeTrade Group's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 77% to $2,633,308. The net income raised on -$4,226,193 and profit margin reached -160%. Total operating expenses were $3,478,482.
Profit Margin
| 2019 | 0 | -417.40K | |
|---|---|---|---|
| 2020 | 6.27M | 2.67M | 42.65% |
| 2021 | 14.38M | 5.17M | 35.99% |
| 2022 | 11.67M | -9.14M | -78.38% |
| 2023 | 2.63M | -4.22M | -160.49% |
WETG Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 2.63M | 11.67M | 14.38M | 6.27M | 0 |
Cost of revenue | 1.19M | 9.69M | 2.68M | 615.59K | 0 |
Gross profit | 1.43M | 1.97M | 11.69M | 5.65M | 0 |
Operating exp. | |||||
Research and development | 0 | 36.34K | 25.17K | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | -139.13K |
Total operating expenses | 3.47M | 11.84M | 5.70M | 1.90M | 417.40K |
Operating income | -2.04M | -9.86M | 5.99M | 3.75M | -417.41K |
Other income (expenses), net | -1.13M | 636.93K | 303.66K | 82.96K | 2 |
Income before tax | -3.17M | -9.23M | 6.29M | 3.83M | -417.40K |
Income tax expense | 1.05M | -82.65K | 1.12M | 1.16M | -556.54K |
Net income | -4.22M | -9.14M | 5.17M | 2.67M | -417.40K |
Earnings per share | |||||
Basic EPS | -0.04 | -7.58 | 3.13 | 1.63 | -0.25 |
Diluted EPS | -0.04 | -7.58 | 3.13 | 1.63 | -0.25 |
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