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WETG

WETG - WeTrade Group Inc. Stock Price, Fair Value and News

5.10USD+0.15 (+3.03%)Market Closed

Market Summary

WETG
USD5.10+0.15
Market Closed
3.03%

WETG Stock Price

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WETG RSI Chart

WETG Valuation

Market Cap

13.4M

Price/Earnings (Trailing)

-1.4

Price/Sales (Trailing)

1.15

EV/EBITDA

-1.34

Price/Free Cashflow

-1.61

WETG Price/Sales (Trailing)

WETG Profitability

Operating Margin

69.22%

EBT Margin

-90.41%

Return on Equity

-26.78%

Return on Assets

-25.43%

Free Cashflow Yield

-61.98%

WETG Fundamentals

WETG Revenue

Revenue (TTM)

11.1M

Rev. Growth (Yr)

307.74%

Rev. Growth (Qtr)

45.35%

WETG Earnings

Earnings (TTM)

-10.6M

Earnings Growth (Yr)

-126.98%

Earnings Growth (Qtr)

-54.9K%

Breaking Down WETG Revenue

Last 7 days

-11.1%

Last 30 days

-28.7%

Last 90 days

26.5%

How does WETG drawdown profile look like?

WETG Financial Health

Current Ratio

19.77

WETG Investor Care

Buy Backs (1Y)

98.65%

Diluted EPS (TTM)

-0.33

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202311.1M000
202213.7M10.0M5.8M12.7M
20219.0M12.1M14.6M14.4M
20200006.3M
Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of WeTrade Group Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 26, 2023
dai zheng
sold
-
-
-52,290,300
-
Apr 13, 2022
liu pijun
sold
-
-
-119,899,000
chief executive officer
Apr 13, 2022
dai zheng
sold
-
-
-81,844,300
chairman of the board

1–3 of 3

Which funds bought or sold WETG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 15, 2024
CITADEL ADVISORS LLC
sold off
-100
-109,174
-
 -%
May 15, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
unchanged
-
30,554
154,382
 -%
May 15, 2024
TWO SIGMA INVESTMENTS, LP
sold off
-100
-39,509
-
 -%
May 15, 2024
MORGAN STANLEY
sold off
-100
-774
-
 -%
May 13, 2024
UBS Group AG
new
-
3,754
3,754
 -%
May 01, 2024
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
sold off
-
-
-
 -%

1–6 of 6

Recent SEC filings of WeTrade Group Inc.

View All Filings
Date Filed Form Type Document
May 15, 2024
NT 10-Q
NT 10-Q
May 08, 2024
PRE 14C
PRE 14C
May 06, 2024
8-K
Current Report
Apr 26, 2024
8-K
Current Report
Apr 19, 2024
8-K
Current Report
Apr 15, 2024
10-K
Annual Report
Apr 12, 2024
8-K
Current Report
Apr 04, 2024
8-K
Current Report
Apr 03, 2024
8-K
Current Report
Apr 02, 2024
10-Q/A
Quarterly Report

Peers (Alternatives to WeTrade Group Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
CRM
277.0B
34.9B
 3.35% 33.87%
66.98
7.95
 11.18% 1888.46%
UBER
137.2B
38.6B
 -8.72% 67.31%
98.72
3.56
 14.01% 141.26%
ADSK
47.3B
5.3B
 2.96% 8.03%
51.62
8.85
 9.15% 48.14%
ANSS
28.6B
2.2B
 0.65% 6.79%
65.84
12.85
 3.59% -21.47%
ZM
19.3B
4.5B
 8.62% -7.71%
30.27
4.26
 3.06% 514.65%
MID-CAP
APPF
8.7B
671.8M
 11.01% 66.39%
113.53
12.92
 33.64% 185.98%
LYFT
6.7B
4.7B
 -3.99% 99.28%
-36.23
1.43
 10.90% 88.31%
ALRM
3.5B
895.2M
 7.46% 35.00%
38.7
3.87
 5.72% 46.94%
AYX
3.4B
970.0M
 0.90% -15.87%
-19.13
3.53
 13.46% 43.89%
AI
3.2B
296.4M
 28.11% -1.60%
-11.7
10.73
 11.14% -3.59%
AGYS
2.7B
228.1M
 21.43% 43.87%
31.34
11.99
 18.99% 599.09%
SMALL-CAP
AVID
1.2B
413.5M
 0.63% -1.64%
92.02
2.88
 -1.65% -71.35%
AEYE
256.1M
31.6M
 76.57% 260.07%
-43.61
8.1
 2.76% 43.72%
APPS
253.0M
572.4M
 33.33% -82.31%
-1.28
0.44
 -19.38% -489.49%
ASUR
193.1M
117.7M
 5.95% -44.01%
-19.58
1.64
 12.54% 11.24%

WeTrade Group Inc. News

Latest updates
InvestorPlace • 3 months ago
Why Is WeTrade (WETG) Stock Down Today?
CoinChapter • 9 months ago
Top 5 Stock Market Gainers: DLO, WETG, RXT, AURC, VITL
InvestorPlace • 10 months ago
3 Penny Stocks That AI Is Loving in July
TipRanks • 11 months ago
AI Buzz Sends WeTrade Stock (NASDAQ:WETG) Higher; What's Next?.com - TipRanks
Dhaka Tribune • 11 months ago
WeTrade Group, WETG, to be 185 times up at open - unimportant, entirely so
InvestorPlace • 12 months ago
Why Is WeTrade (WETG) Stock Up 53% Today?
Dhaka Tribune • 12 months ago
WeTrade Group jumps 80% premarket - not this story again?
Penny Stocks • 15 months ago
4 ChatGPT Stocks To Watch In February Trading For Pennies
MarketBeat • 21 months ago
WeTrade Group (WETG) Stock Price, News & Analysis

WeTrade Group Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q1
Revenue45.3%1,633,8361,124,103614,3699,992,079400,702129,8192,138,9523,118,8044,598,6753,882,8932,780,9233,383,1032,012,098855,293-
Cost Of Revenue321.4%398,53794,582910,5062,024,4546,902,25095,949672,638240,0562,105,116190,459146,308144,174427,647--
Gross Profit1406.1%1,235,299-94,582-296,137449,201-1,294,9801,355,5101,466,3142,878,7482,493,5593,692,4342,634,6153,238,9291,584,451855,29321,070
Operating Expenses457.7%4,585,873822,220--6,315,9591,827,438--1,039,081-1,767,457---407,067272,608-
  S&GA Expenses85.7%1,526,531822,220690,7933,974,9696,315,9591,827,438792,4561,009,3361,039,0811,767,4571,889,1901,240,356407,067272,60825,070
EBITDA Margin3.7%-0.85-0.89-0.95-0.71-1.140.380.450.44-------
Interest Expenses----------------
Income Taxes-101.2%-38332,243--25,878-202,4504,869129,8251,403,249-104,109198,031-176,856687,125475,431-12,553-
Earnings Before Taxes-24595.5%-14,286,26858,322-984,842-2,820,351-6,294,001-447,270722,1411,901,0771,541,3802,040,061828,940----
EBT Margin3.5%-0.90-0.94-0.98-0.73-1.150.370.450.440.260.320.420.61---
Net Income-54880.7%-14,286,26826,079-2,225,147-2,002,279-6,294,001-452,139-743,8271,271,2901,410,2711,842,030652,0841,364,307740,893570,253-416
Net Income Margin1.5%-0.96-0.97-1.01-0.77-1.480.150.280.360.360.380.370.43---
Free Cashflow-337.7%-13,770,2565,792,252-552,6731,391,373-24,193,785-788,9275,484,593--------
Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q3
Assets-2.4%41,40842,42143,20046,22946,09418,86120,06419,47117,65415,72614,36813,54311,2116,1265,2626,591-
  Current Assets34.7%41,40830,74131,31546,22944,68715,63916,45816,43614,76912,90411,43510,4166,591--6,591-
    Cash Equivalents-92.9%1,41720,00520,12624.0040.006,0056,3566171,3953,2102,6734,6416,7885,5505,1926,591222
  Net PPE-100.0%-7398439221,1359991,107395138170-------
Liabilities-40.2%2,1183,5423,6844,5224,0444,9254,9394,9414,7264,2184,8744,6494,0817384371,787255
  Current Liabilities-40.2%2,1183,5423,6844,5224,0443,4213,1702,9992,6382,0302,5662,1771,4997384371,787255
Shareholder's Equity-1.4%39,29039,83839,51741,70842,05013,93613,82014,52912,92811,5089,4948,8947,1315,3884,8254,805-
  Retained Earnings-335.5%-17,058-3,917-3,943-1,714-7,5527,9947,4336,1624,7522,9102,258890149-417-417-255
  Additional Paid-In Capital28.8%56,34943,73243,73243,73243,7326,1986,1986,1986,0586,0586,0586,0586,0585,2225,222222222
Shares Outstanding-48,206-195,058195,058192,769231,052305,451305,451-1,6511,6511,6511,6691,6321,632--
Float------------------
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-37.1%3,6445,792-55223,193-46,145-8636,208-1,302-1,90919.00-5602,205157220-1,419-130---
Cashflow From Investing-210.5%-19,384-6,24263761.00470550-586-89032.00-170---------
Cashflow From Financing1564.1%16,517993-10.33-3,54641,0361081231,04763.00988-1,408-4,51761614178.006,500---
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WETG Income Statement

2023-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue:    
Service revenue$ 1,633,836$ 1,633,836
Total service revenue1,633,8361,633,836
Cost of revenue(398,537)(398,537)
Gross Profit1,235,2991,235,299
Operating expenses    
Impairment of digital assets(3,059,342)(3,059,342)
General and administrative expense(1,526,531)(6,315,959)(1,526,531)(6,800,305)
Total operating expenses(4,585,873)(6,315,959)(4,585,873)(6,800,305)
Loss from operations(3,350,574)(6,315,959)(3,350,574)(6,800,305)
Other (expenses)/ income(10,935,694)21,958(10,935,694)
Loss before income taxes(14,286,268)(6,294,001)(14,286,268)(6,800,305)
Income tax expenses
Net loss from continuing operation(14,286,268)(6,294,001)(14,286,268)(6,800,305)
Discontinued Operations:    
Loss from discontinued operation70,477(2,363,091)(1,124,676)(1,738,568)
Gain from discontinued operation115,63066,549
Comprehensive income    
Net loss(14,100,161)(8,657,092)(15,344,395)(8,538,873)
Other comprehensive income    
Foreign currency translation adjustment(175)(175)
Total comprehensive loss$ (14,100,336)$ (8,657,092)$ (15,344,570)$ (8,538,873)
Loss per share, basic$ (0.29)$ (0.04)$ (0.13)$ (0.03)
Loss per share, diluted$ (0.29)$ (0.04)$ (0.13)$ (0.03)
Weighted-average shares outstanding, basic[1]48,205,725192,768,916114,844,076233,072,453
Weighted-average shares outstanding, diluted[1]48,205,725192,768,916114,844,076233,072,453
[1]Share and per share amounts have been retroactively adjusted to reflect the decreased number of shares resulting from a reverse stock split and issuance of new shares.

WETG Balance Sheet

2023-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 1,416,885$ 24,232
Digital assets21,930,658
Accounts receivable- non related parties, net129,764
Other receivables-related parties5,805,5005,805,500
Prepayments12,125,50050,000
Assets related to discontinued operation40,349,508
Total current assets41,408,30746,229,240
Total assets41,408,30746,229,240
Current liabilities:  
Account payables123,273
Accrued expenses270,864
Amount due to related parties1,673,6831,303,296
Other payables50,51750,000
Liabilities related to discontinued operation3,168,435
Total current liabilities2,118,3374,521,731
Total liabilities2,118,3374,521,731
Stockholders’ equity:  
Common stock; no par value; 2,625,130 and 195,057,503 issued and outstanding at September 30, 2023 and December 31, 2022 respectively
Additional paid in capital56,348,65043,732,196
Accumulated other comprehensive loss(175)(310,577)
Accumulated deficits(17,058,505)(1,714,110)
Total stockholders’ equity39,289,97041,707,509
Total liabilities and stockholders’ equity$ 41,408,307$ 46,229,240

About WeTrade Group Inc.

WETG
WeTrade Group, Inc. provides technical services and solutions through its social e-commerce platform primarily in Mainland China. It offers YCloud, a micro-business cloud intelligent internationalization system that conducts multi-channel data analysis through the learning of big data and social recommendation relationships, as well as provides users with AI fission and management systems, and supply chain systems. The company's YCloud system also provides micro-business owners with various payment methods, such as Alipay, WeChat, and UnionPay. In addition, it offers chatGPT technical services; and technical system support, software development, and services. The company serves individual and corporate users in the micro business industry. It also has operations in Hong Kong and Singapore. The company was incorporated in 2019 and is headquartered in Beijing, the People Republic of China.
 WEBSITEhttps://ir.wetg.group
 INDUSTRYSoftware - Apps
 EMPLOYEES35

WeTrade Group Inc. Frequently Asked Questions

What is the ticker symbol for WeTrade Group Inc.? What does WETG stand for in stocks?

WETG is the stock ticker symbol of WeTrade Group Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of WeTrade Group Inc. (WETG)?

As of Thu May 16 2024, market cap of WeTrade Group Inc. is 13.39 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WETG stock?

You can check WETG's fair value in chart for subscribers.

What is the fair value of WETG stock?

You can check WETG's fair value in chart for subscribers. The fair value of WeTrade Group Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of WeTrade Group Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WETG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is WeTrade Group Inc. a good stock to buy?

The fair value guage provides a quick view whether WETG is over valued or under valued. Whether WeTrade Group Inc. is cheap or expensive depends on the assumptions which impact WeTrade Group Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WETG.

What is WeTrade Group Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, WETG's PE ratio (Price to Earnings) is -1.4 and Price to Sales (PS) ratio is 1.15. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WETG PE ratio will change depending on the future growth rate expectations of investors.