WeTrade Group Inc.

EDGAR

Annual consolidated revenue for 2025: about USD 11.61M, using the latest reported figures. The previous period, 2024, was about USD 1.8M.

Watchlist

Latest quarter

Revenue

841 thousand uref_1207428204

2026 Q2 · uref_1207428204

Exact inputs and evidence
  • Revenue: 840940 uref_1207428204 Source

Operating margin

-571.96%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: -4809874 uref_1207428204 Source
  • Revenue: 840940 uref_1207428204 Source
Cash and cash equivalents
159 million uref_1207428204 Source
Exact value

159043268 uref_1207428204

Long-term debt including current maturities
Not available
Shares outstanding
147 million uref_540750102 Source
Exact value

147296192 uref_540750102

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-07-24.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 7 of 11 periods available· newest 2025-12-31
  • Operating income: 6 of 11 periods available· newest 2025-12-31
  • Net income: 7 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 5 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 3 of 11 periods available· newest 2022-12-31
  • Total assets: Multiple units; comparison withheld· newest 2025-12-31
  • Total liabilities: Multiple units; comparison withheld· newest 2025-12-31
  • Current assets: Multiple units; comparison withheld· newest 2025-12-31
  • Current liabilities: Multiple units; comparison withheld· newest 2025-12-31
  • Cash and cash equivalents: Multiple units; comparison withheld· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: Multiple units; comparison withheld· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +545.3%

    Prior period

    USD 1.8 million

    –

    Current period

    USD 11.61 million

    –

    Exact inputs and evidence

    11614772 − 1800000 = 9814772 USD

    1800000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    11614772 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    +564.5%

    Prior period

    USD 21.54 million

    –

    Current period

    USD 143.16 million

    –

    Exact inputs and evidence

    143164948 − 21543250 = 121621698 USD

    21543250 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    143164948 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Operating cash flow, Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 11.61 million 100% of revenue
  • Cost of revenue USD 9.86 million 85% of revenue
  • Operating expenses USD 81.96 million 706% of revenue
  • Operating income −USD 80.2 million −690% of revenue
  • Tax, interest and other Derived −USD 223.36 million −1,923% of revenue
  • Net income USD 143.16 million 1,233% of revenue

Cash

  • Operating cash flow −USD 3.07 million −26% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2019 Not shown: operating income or net income is not reported.
  • 2020 43%17%40%
  • 2021 36%58%
  • 2022 Operating loss: operating costs were 158% of revenue.
  • 2023 Operating loss: operating costs were 147% of revenue.
  • 2024 Operating loss: operating costs were 101% of revenue.
  • 2025 Operating loss: operating costs were 790% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2019 2019-01-01 – 2019-12-310 UnavailableUnavailableUnavailable-417407 Unavailable
Source
2020 2020-01-01 – 2020-12-316271564 2516931 Derived 3754633 1079596 Derived 2675037 1162337 Derived
Source
2021 2021-01-01 – 2021-12-3114381295 8387002 Derived 5994293 818618 Derived 5175675 -4170496 Derived
Source
2022 2022-01-01 – 2022-12-3111671335 18465053 Derived -6793718 2365697 Derived -9159415 -38496904 Derived
Source
2023 2023-01-01 – 2023-12-312633308 3870410 Derived -1237102 8682598 Derived -9919700 Unavailable
Source
2024 2024-01-01 – 2024-12-311800000 1816804 Derived -16804 -21560054 Derived 21543250 Unavailable
Source
2025 2025-01-01 – 2025-12-3111614772 91813469 Derived -80198697 -223363645 Derived 143164948 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 11.6M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.15.5M11.6M7.8M3.9M0.0201920222025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Revenue0
2020Revenue6271564
2021Revenue14381295
2022Revenue11671335
2023Revenue2633308
2024Revenue1800000
2025Revenue11614772

Revenue growth

Change in revenue from the same financial period one year earlier.

545.3% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.595%414%234%53%-127%201920222025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2019Year over yearNo prior comparable period
2020Year over yearNo prior comparable period
2021Year over year129.3%
2022Year over year-18.8%
2023Year over year-77.4%
2024Year over year-31.6%
2025Year over year545.3%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -690.5% 2025
Net margin 1,232.6% 2025
Free cash flow margin -329.8% 2022
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1,386%829%271%-287%-844%2019-12-3120222025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2019-12-31Operating marginNot reported
2020Operating margin59.9%
2021Operating margin41.7%
2022Operating margin-58.2%
2023Operating margin-47%
2024Operating margin-0.9%
2025Operating margin-690.5%
2019Net marginNot reported
2020Net margin42.7%
2021Net margin36%
2022Net margin-78.5%
2023Net margin-376.7%
2024Net margin1,196.8%
2025Net margin1,232.6%
2019Free cash flow marginNot reported
2020Free cash flow margin18.5%
2021Free cash flow margin-29%
2022Free cash flow margin-329.8%
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD -3.1M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.24.8M8.0M-8.8M-25.6M-42.4M201920222025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Operating cash flowNot reportedNo source recorded
2020Operating cash flow1162337
2021Operating cash flow-3753384
2022Operating cash flow-37803344
2023Operating cash flow20206199
2024Operating cash flowNot reportedNo source recorded
2025Operating cash flow-3074693

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -38.5M 2022
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.3M-7.2M-18.7M-30.2M-41.7M201920222025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Free cash flowUnavailableNo source recorded
2020Free cash flow1162337
2021Free cash flow-4170496
2022Free cash flow-38496904
2023Free cash flowUnavailable
2024Free cash flowUnavailableNo source recorded
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2019-12-31Liabilities / assetsNot reportedNo source recorded
2020-12-31Liabilities / assetsNot reportedNo source recorded
2021-12-31Liabilities / assetsNot reportedNo source recorded
2022-12-31Liabilities / assetsNot reportedNo source recorded
2023-12-31Liabilities / assetsNot reportedNo source recorded
2024-12-31Liabilities / assetsNot reportedNo source recorded
2025-12-31Liabilities / assetsNot reportedNo source recorded

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2019-12-31Current assets / current liabilitiesNot reportedNo source recorded
2020-12-31Current assets / current liabilitiesNot reportedNo source recorded
2021-12-31Current assets / current liabilitiesNot reportedNo source recorded
2022-12-31Current assets / current liabilitiesNot reportedNo source recorded
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024-12-31Current assets / current liabilitiesNot reportedNo source recorded
2025-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2019 2019-01-01 – 2019-12-31
−USD 417,407
Exact value

Exact value: -417407 USD

2019-01-01 – 2019-12-31: -417407 USD Inspect Net Income Open source
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Unavailable Not reported for this period.
Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Operating cash flow + Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
USD 2.68 million
Exact value

Exact value: 2675037 USD

2020-01-01 – 2020-12-31: 2675037 USD Inspect Net Income Open source
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USD 1.16 million
Exact value

Exact value: 1162337 USD

2020-01-01 – 2020-12-31: 1162337 USD Inspect Operating Cash Flow Open source
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USD 0
Exact value

Exact value: 0 USD

2020-01-01 – 2020-12-31: 0 USD Inspect Capital Expenditure Open source
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USD 1.16 million
Calculation and evidence

1162337 − 0 USD

Exact free cash flow: 1162337 USD

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2021 2021-01-01 – 2021-12-31
USD 5.18 million
Exact value

Exact value: 5175675 USD

2021-01-01 – 2021-12-31: 5175675 USD Inspect Net Income Open source
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−USD 3.75 million
Exact value

Exact value: -3753384 USD

2021-01-01 – 2021-12-31: -3753384 USD Inspect Operating Cash Flow Open source
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USD 417,112
Exact value

Exact value: 417112 USD

2021-01-01 – 2021-12-31: 417112 USD Inspect Capital Expenditure Open source
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−USD 4.17 million
Calculation and evidence

-3753384 − 417112 USD

Exact free cash flow: -4170496 USD

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2022 2022-01-01 – 2022-12-31
−USD 9.16 million
Exact value

Exact value: -9159415 USD

2022-01-01 – 2022-12-31: -9159415 USD Inspect Net Income Open source
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−USD 37.8 million
Exact value

Exact value: -37803344 USD

2022-01-01 – 2022-12-31: -37803344 USD Inspect Operating Cash Flow Open source
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USD 693,560
Exact value

Exact value: 693560 USD

2022-01-01 – 2022-12-31: 693560 USD Inspect Capital Expenditure Open source
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−USD 38.5 million
Calculation and evidence

-37803344 − 693560 USD

Exact free cash flow: -38496904 USD

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2023 2023-01-01 – 2023-12-31
−USD 9.92 million
Exact value

Exact value: -9919700 USD

2023-01-01 – 2023-12-31: -9919700 USD Inspect Net Income Open source
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USD 20.21 million
Exact value

Exact value: 20206199 USD

2023-01-01 – 2023-12-31: 20206199 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
USD 21.54 million
Exact value

Exact value: 21543250 USD

2024-01-01 – 2024-12-31: 21543250 USD Inspect Net Income Open source
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Unavailable Not reported for this period.
Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Operating cash flow + Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
USD 143.16 million
Exact value

Exact value: 143164948 USD

2025-01-01 – 2025-12-31: 143164948 USD Inspect Net Income Open source
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−USD 3.07 million
Exact value

Exact value: -3074693 USD

2025-01-01 – 2025-12-31: -3074693 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

47 filings · 1,732 latest values · 1,732 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001784970, 1784970, NXTT, WETG, edgar:1784970

Also known as NEXT TECHNOLOGY HOLDING INC, NEXT TECHNOLOGY HOLDING INC., Next Technology Holding Inc., WETRADE GROUP INC, WETRADE GROUP INC., WeTrade Group Inc.