WeTrade Group Inc. is a holding company with no operations of its own. We conduct our operations in China primarily through our subsidiaries in China. We may rely on dividends to be paid by our PRC subsidiaries to fund our cash and financing requirements, including the funds necessary to pay dividends and other cash distributions to our shareholders, to service any debt we may incur and to pay our operating expenses. If our PRC subsidiaries incur debt on their own behalf in the future, the instruments governing the debt may restrict its ability to pay dividends or make other distributions to us.
Company profile
Ticker
WETG
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
WeTrade Group Inc. • Utour Pte. Ltd. • WeTrade Information Technology Limited • Yueshang Information technology (Beijing) Limited • Yueshang Group • WeTrade Digital (Beijing) Technology Limited • Yueshang Technology Group • Tibet XiaoShang Technology Group Limited • Shanghai Yueshang Information Technology Limited ...
WETG stock data
Latest filings (excl ownership)
DEF 14C
Information statement
18 Mar 24
PRE 14C
Preliminary information
8 Mar 24
8-K
Entry into a Material Definitive Agreement
6 Mar 24
DEF 14C
Information statement
9 Feb 24
8-K
Departure of Directors or Certain Officers
31 Jan 24
PRE 14C
Preliminary information
30 Jan 24
8-K
Other Events
24 Jan 24
8-K
Departure of Directors or Certain Officers
16 Jan 24
8-K
Departure of Directors or Certain Officers
3 Jan 24
8-K
Departure of Directors or Certain Officers
15 Dec 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.42 mm | 1.42 mm | 1.42 mm | 1.42 mm | 1.42 mm | 1.42 mm |
Cash burn (monthly) | 6.20 mm | 1.57 mm | 4.13 mm | 1.27 mm | 4.59 mm | 601.19 k |
Cash used (since last report) | 36.99 mm | 9.37 mm | 24.65 mm | 7.59 mm | 27.40 mm | 3.59 mm |
Cash remaining | -35.57 mm | -7.96 mm | -23.23 mm | -6.18 mm | -25.98 mm | -2.17 mm |
Runway (months of cash) | -5.7 | -5.1 | -5.6 | -4.9 | -5.7 | -3.6 |
Institutional ownership, Q2 2023
0.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 251.00 k |
Total shares | 27.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Tower Research Capital | 27.00 | $251.00 k |
Proequities | 0.00 | $0.00 |
News
12 Information Technology Stocks Moving In Thursday's Intraday Session
28 Mar 24
12 Information Technology Stocks Moving In Wednesday's Intraday Session
27 Mar 24
12 Information Technology Stocks Moving In Tuesday's Pre-Market Session
12 Mar 24
12 Information Technology Stocks Moving In Friday's Pre-Market Session
1 Mar 24
Why Helix Energy Solutions Shares Are Trading Lower By 11%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
27 Feb 24
Press releases
Thinking about buying stock in WeTrade Group, Nio, Arista Networks, Baosheng Media, or TAL Education Group?
8 Feb 24
WeTrade Group Inc's wholly-owned subsidiary and wholly-owned holding company in Chinese Mainland will jointly pursue claims under litigation against it
31 Jan 24
WeTrade Group Inc. Provides An Update On The Lawsuit Filed by Purported Shareholders
26 Jan 24