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Income Statement
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WeTrade Group Inc. (WETG)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19
   10-K10-K10-K10-K
Revenue:      
Service revenue, related party  0.94.62.8 
    Total service revenue  11.714.46.3 
            Total service revenue growth  -18.8%129.3%  
Cost of revenue  -9.7-2.7-0.6 
    Gross (Loss)/Profit  2.011.75.7 
            Gross margin  16.9%81.4%90.2% 
   
Operating expenses      
General and administrative expense  11.85.71.9 
Total operating expenses  11.85.71.90.4
    (Loss)/ Profit from operations  -9.96.03.8 
            Operating margin  -84.5%41.7%59.9% 
    Profit/ (loss) before income taxes  -9.26.3  
Income tax expenses  0.1-1.1-1.2 
    Net Income/(Loss) from continuing operation  -9.15.2 -0.4
   
Discontinued Operations:      
   
Comprehensive income      
    Net Income/(Loss)      
Other comprehensive income      
Foreign currency translation adjustment      
    Total comprehensive loss  -10.35.53.3 
   
Loss per share, basic (in Dollars per share)  ($0.04)$0.02$0.01 
   
Weighted-average shares outstanding, basic (in Shares)  223.3305.5304.2100.0

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