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Income Statement
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WeTrade Group Inc. (WETG)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-Q10-K10-Q10-QS-1/A10-K10-Q10-Q
Revenue:          
Service revenue, related party   0.91.93.33.13.02.2 
Service revenue    6.34.2  9.57.2
    Total service revenue   11.512.211.413.814.414.612.1
            Total service revenue growth   -19.9%-17.0%-5.4%53.2%129.3%  
Cost of revenue   -9.7-7.9-3.2-3.3-2.7-2.5-0.9
    Gross (Loss)/Profit   1.84.28.210.511.712.111.2
            Gross margin   15.8%34.9%71.7%76.0%81.4%82.6%92.8%
   
Operating expenses          
General and administrative expense   11.711.34.74.65.76.05.3
Total operating expenses      0.8   
    (Loss)/ Profit from operations   -9.9-7.03.55.96.06.15.8
            Operating margin   -85.7%-57.8%30.6%42.6%41.7%41.8%48.5%
Other income     0.0    
    Profit/ (loss) before income taxes   -9.2-6.73.76.25.53.62.0
Income tax expenses   0.1-0.6-0.7-0.9-0.9-0.9-1.5
    Net Income/(Loss) from continuing operation   -9.2-7.32.85.15.13.93.2
   
Discontinued Operations:          
Loss from discontinued operation     -0.2    
   
Comprehensive income          
    Net Income/(Loss)          
Other comprehensive income          
Foreign currency translation adjustment          
    Total comprehensive loss   -10.5-8.72.13.53.53.8 
   
Loss per share, basic (in Dollars per share)       $0.01  
   
Weighted-average shares outstanding, basic (in Shares)   219.3239.9268.0305.5305.5305.1305.9

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