WETG · Wetrade Group Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $465.2K | - | $1.79M | - | - | - | - | - | - | - |
| Cost of Revenue | $387.3K | - | $981.4K | - | - | - | - | - | - | - |
| Gross Profit | $77.9K | - | $806.8K | - | - | - | - | - | - | - |
| R&D | $2.12M | - | - | - | - | - | - | - | - | - |
| SG&A | $4.25M | - | $489.0K | $256.0K | $449.9K | - | $567.0K | $345.0K | $330.1K | - |
| Total Operating Expenses | $6.71M | - | $45.13M | $256.0K | $449.9K | - | $567.0K | $345.0K | $330.1K | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | ($6.64M) | - | ($44.33M) | ($256.0K) | ($449.9K) | - | ($567.0K) | ($345.0K) | ($330.1K) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($27.29M) | - | $7.30M | $31.52M | $51.42M | - | $364.7K | ($1.85M) | $4.14M | - |
| Net Income | ($105.85M) | - | ($16.89M) | $118.57M | $193.44M | - | $1.37M | ($6.92M) | $19.55M | - |
| EPS - Basic | ($11.86) | - | ($6.86) | $0.27 | $1.98 | - | - | ($0.99) | $7.45 | - |
| EPS - Diluted | ($11.86) | - | $39.51 | $0.27 | $1.98 | - | - | ($0.99) | $7.45 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $159.72M | $5.62M | $12.36M | $668.4K | $668.4K | $668.4K | $668.4K | $668.4K | $668.4K | $668.4K |
| Accounts Receivable | $370.0K | $354.8K | $69.7K | $540.0K | $1.44M | $1.80M | - | - | - | $1.13M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $1.54M | $751.3K | - | - | $730.0K | $730.0K | - | $924.1K | $924.1K | $926.5K |
| Current Assets | $551.22M | $524.13M | $679.54M | $633.28M | $483.83M | $92.92M | $66.04M | $64.66M | $73.08M | $49.06M |
| Total Assets | $551.22M | $524.13M | $679.54M | $633.28M | $483.83M | $92.92M | $79.43M | $78.05M | $73.08M | $49.06M |
| Current Liabilities | $3.05M | $3.94M | $5.95M | $2.50M | $3.14M | $3.05M | $2.69M | $5.93M | $4.68M | $4.35M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $40.37M | $68.55M | $104.43M | $93.67M | $62.80M | $11.29M | $5.36M | $5.93M | $8.82M | $4.35M |
| Stockholders' Equity | $510.85M | $455.58M | $575.11M | $539.60M | $421.03M | $81.63M | $74.08M | $64.26M | - | $44.71M |
| Retained Earnings | $46.48M | $152.33M | $304.22M | $321.92M | $203.35M | $9.91M | $2.36M | $995.3K | $7.91M | ($11.63M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($1.40M) | - | - | - | - | - | - | - | ($530) | - |
| Investing Cash Flow | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $155.49M | - | - | - | - | - | - | - | $635 | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 16.7% | - | 45.1% | - | - | - | - | - | - | - |
| Operating margin | -1426.2% | - | -2478.8% | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | -22752.7% | - | -944.6% | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | 456.4% | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 914.0% | - | 27.3% | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | 21.0% | 21.0% | - | 21.0% | - | 17.5% | - |
| Return on assets | -19.2% | - | -2.5% | 18.7% | 40.0% | - | 1.7% | -8.9% | 26.7% | - |
| Return on equity | -20.7% | - | -2.9% | 22.0% | 45.9% | - | 1.9% | -10.8% | - | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 180.91 | 133.17 | 114.15 | 253.35 | 153.91 | 30.43 | 24.54 | 10.90 | 15.62 | 11.28 |
| Quick ratio | 180.91 | 133.17 | 114.15 | 253.35 | 153.91 | 30.43 | 24.54 | 10.90 | 15.62 | 11.28 |
| Cash ratio | 52.42 | 1.43 | 2.08 | 0.27 | 0.21 | 0.22 | 0.25 | 0.11 | 0.14 | 0.15 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.08 | 1.15 | 1.18 | 1.17 | 1.15 | 1.14 | 1.07 | 1.21 | - | 1.10 |
| Liabilities / Assets | 0.07 | 0.13 | 0.15 | 0.15 | 0.13 | 0.12 | 0.07 | 0.08 | 0.12 | 0.09 |
| Efficiency | ||||||||||
| Asset turnover | 0.00 | - | 0.00 | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 290d | - | 14d | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 1454d | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | -8.9% | - | -30.6% | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | -30.1% | - | -2.3% | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -1374.9% | - | -7717.8% | 25.8% | -36.3% | - | 95.4% | 62.4% | 66.5% | - |
| Net income growth (YoY) | - | - | - | - | 889.6% | - | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | -73.4% | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 21.3% | 458.1% | 676.4% | 739.7% | - | 82.6% | 86.3% | 65.3% | - | 7.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$11.61M totalSoftware Development$11.61M · 100.0%
Peer comparison
Same SIC group: Services-Computer Processing & Data Preparation
Comparing WeTrade Group Inc. against the 5 most active filers in the same SIC group.