Wetouch Technology Inc Stock Price, News & Analysis

WeTouch Technology (NASDAQ:WETH) reported first-half fiscal 2025 results for the period ended June 30, 2025. Total revenue was $27.7M (+2.2% YoY). Gross profit rose to $9.8M and gross margin expanded to 35.2% (up 500 bps). Net income was $4.8M (+45.5% YoY) and basic EPS was $0.40. Operating cash flow turned positive to $4.7M from negative $5.3M a year earlier. Cash reserves totaled $110.5M (~$9.26 per share). Unit shipments reached 1.38M units (+8.9% YoY) with China unit sales up 14.5%. Chengdu production facility remains on schedule for completion by end-2025.

WeTouch Technology (NASDAQ:WETH) reported FQ1 FY2025 results for quarter ended March 31, 2025. Total revenue was $15.3M (+2.7% YoY). Gross profit reached $5.6M (+69.7% YoY) and gross margin expanded to 36.9% from 22.4% a year earlier. Net income jumped to $2.6M (+316.7% YoY). Cash reserves were $106.4M (≈ $8.9/share), up from $94.8M. Units shipped rose 11.9% to 762,545. Operating cash flow improved to +$2.0M from –$9.2M a year earlier. Shareholders' equity increased to $127.9M. Management cites margin recovery, supply‑chain normalization, customer order growth, and plans for a new production facility with mass production targeted in Q2 2026.

WeTouch Technology (NASDAQ:WETH) reported record revenue of $42.3 million for fiscal year 2024, a 6.5% increase from 2023. The touchscreen display manufacturer saw net income of $6.0 million, down 27.7% year-over-year, while maintaining a strong cash position of $103.7 million ($8.7 per share).

The company's shipment volume increased 4.8% to 2,060,870 units, with international sales representing 35.3% of revenue. Despite gross margin pressure due to raw material costs and increased investments, WeTouch provided optimistic FY2025 guidance, projecting revenue of $46.15 million and net income of $11.88 million, representing a significant 97% year-over-year increase.

Wetouch Technology (NASDAQ:WETH), a large-format touchscreen manufacturer, has received a notification from Nasdaq regarding non-compliance with listing rules due to delayed financial filings. The company has failed to file its Q2 2025 Form 10-Q, adding to previously delayed 2024 Annual Report and Q1 2025 Form 10-Q.

Nasdaq has granted WETH until October 13, 2025 to file all delinquent reports. The company must submit an updated compliance plan by September 5, 2025. While the notification doesn't immediately affect WETH's Nasdaq listing, the company is working with auditors to complete the required filings.

WeTouch Technology (WETH) has announced a significant technological breakthrough in curved touchscreen and optical bonding technology, enabling mass production capabilities for displays up to 86 inches. The company has already begun small-scale deliveries and secured certifications from major clients across Europe, North America, and Taiwan.

The innovation is expected to generate up to $5 million in additional revenue in 2026. The breakthrough combines three key capabilities: curved touch technology, optical bonding, and large-size display manufacturing, positioning WeTouch for expansion in gaming, luxury automotive, and smart home display markets.

WeTouch Technology (WETH) has announced the launch of its Taiwan regional office, marking a significant expansion in its Asia-Pacific presence. The company has already secured a cooperation agreement with NOVAKON, a leading Taiwanese automation company, with initial orders in fulfillment stage.

Led by CEO Zongyi Lian, a Taiwan native, WeTouch anticipates generating approximately $10 million in annual revenue from its Taiwan operations. The expansion focuses on leveraging Taiwan's industrial ecosystem and cross-strait supply chains, targeting growth in automation, electronics, and export sectors.

WeTouch Technology (NASDAQ:WETH), a leading projected capacitive touchscreen manufacturer, has received an extension from Nasdaq until October 13, 2025 to file its delayed Form 10-K (2024) and Form 10-Q (Q1 2025) reports. The company remains confident in meeting this compliance deadline.

WeTouch reports strong financial health with approximately $105 million in cash (around $8.90 per share) as of Q3 2024. Management believes the stock is undervalued and is considering share repurchases under its existing buyback program.

WeTouch Technology (NASDAQ:WETH), a global leader in touch display solutions, has unveiled a new corporate video and redesigned website to enhance shareholder engagement and transparency. The video showcases the company's vision, operations, and manufacturing processes, featuring footage of their production facilities.

The new website, wetouchtech.com, serves as a comprehensive resource for investors, providing access to financial updates, news, and strategic initiatives. CEO Jack Lien emphasized the company's commitment to fostering better communication with U.S. shareholders through these digital initiatives.

WeTouch Technology (NASDAQ: WETH) has announced a strategic partnership with a South Korean electronics manufacturer to enter the South Korean market. The collaboration involves WeTouch producing touchscreen components while the partner handles customization for regional customers.

The partnership has already secured $1.5 million in initial orders and is projected to generate an additional $5 million in sales for 2025. WeTouch maintains a strong financial position with a cash balance of $106 million ($8.91 per share).

The company is also expanding its manufacturing capabilities with a new facility in Vietnam and has recently showcased its products at a major electronics trade show in Germany. CEO Zongyi Lien expressed confidence in the company's growth potential and believes the stock is undervalued given its operational performance and profitable growth.