Financials · WCT

Wellchange Holdings Company Limited (WCT) financials

For fiscal 2025 (ended Dec 31, 2025), Wellchange Holdings Company Limited reported $1.35M of revenue and -$7.32M of net income.

Revenue, FY2025
$1.35M
Revenue growth, YoY
-41.6%
Net income, FY2025
-$7.32M
Net margin
-543.2%
EPS, diluted, FY2025
-$4.73
Cash
$2.81M
Total debt
$415.9K
P/S
36.02
Market cap
$48.6M
Annual revenue$1.35M
FY2022FY2025
Annual net income-$7.32M
FY2022FY2025
Annual free cash flow$796.4K
FY2022FY2023

WCT revenue and earnings growth

WCT revenueFY2025$1.35M

FY YoY
-41.6%

WCT revenue was $1.35M for fiscal 2025 (ended Dec 31, 2025), down 41.6% from fiscal 2024. It rose in 1 of the last 3 fiscal years.

WCT net incomeFY2025-$7.32M

WCT net income was -$7.32M for fiscal 2025 (ended Dec 31, 2025), compared with -$431.5K in fiscal 2024.

WCT EPSFY2025-$4.73

WCT diluted EPS was -$4.73 for fiscal 2025 (ended Dec 31, 2025).

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Revenue$1.35M$2.31M$2.49M$1.67M
Cost of revenue$773.0K$692.0K$547.6K$353.0K
Gross profit$575.1K$1.62M$1.94M$1.32M
Selling, general and admin$90.8K$107.2K$109.9K$55.8K
Operating income-$6.32M-$456.6K$1.18M$939.0K
Interest expense$12.4K$17.1K$17.4K-
Pre-tax income-$6.36M-$484.7K$1.17M$938.0K
Income tax$965.9K-$53.2K$231.0K$157.3K
Net income-$7.32M-$431.5K$937.6K$780.6K
EPS, basic-$4.73-$1.06$2.34$0.04
EPS, diluted-$4.73-$1.06$2.34$0.04
Diluted shares1.5M406,095400,00020.0M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Cash and equivalents$2.81M$250.3K$12.8K$261.4K
Receivables$806.0K$452.8K$720.2K-
Current assets$5.76M$1.58M$788.0K-
Total assets$13.62M$6.70M$3.30M-
Current liabilities$1.26M$1.51M$1.06M-
Short-term debt$415.9K$434.0K$496.5K-
Total debt$415.9K$434.0K$496.5K-
Total liabilities$2.47M$1.78M$1.30M-
Shareholders' equity$11.15M$4.91M$2.00M$812.0K

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Operating cash flow-$6.32M-$316.1K$797.2K$1.17M
Capital expenditures--$818$125.5K
Free cash flow--$796.4K$1.04M
Investing cash flow-$4.12M-$2.83M-$566.7K-$1.31M
Financing cash flow$13.01M$3.39M-$479.8K$354.3K
Stock-based compensation$1.09M---
Depreciation and amortization$40.0K$40.6K$40.4K$38.6K

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Revenue growth, YoY-41.6%-7.3%49.0%-
Net income growth, YoY--20.1%-
Gross margin42.7%70.0%78.0%78.9%
Operating margin-469.1%-19.8%47.5%56.2%
Net margin-543.2%-18.7%37.7%46.7%
Free cash flow margin--32.0%62.4%
Return on equity-65.7%-8.8%47.0%96.1%
Return on assets-53.8%-6.4%28.4%-
Current ratio4.591.040.75-
Debt to equity0.040.090.25-

Source: XBRL data Wellchange Holdings Company Limited files with the SEC, latest filing dated May 14, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

WCT peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
WCT$1.35M-41.6%-$7.32M-543.2%$48.6M
MSFT$346.44B+17.9%$142.63B41.2%$4.05T
PLTR$7.29B+87.1%$3.67B50.3%$407.69B
ORCL$71.78B+21.6%$18.92B26.4%$362.21B
SAP€36.80B+7.7%€7.16B19.5%$291.67B
CRWD$5.40B+24.3%$58.46M1.1%$234.05B
SHOP$14.17B+32.5%$2.13B15.0%$195.63B
CRM$43.94B+11.2%$9.66B22.0%$176.90B
NOW$15.43B+21.8%$1.45B9.4%$106.66B

WCT FAQ

8 questions
  • What is WCT revenue?
    Wellchange Holdings Company Limited (WCT) reported $1.35M of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 41.6% from the year before.
  • Is WCT profitable?
    No. Wellchange Holdings Company Limited reported a net loss of $7.32M for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does WCT have?
    Wellchange Holdings Company Limited reported $2.81M in cash and cash equivalents and $415.9K of debt on its most recent balance sheet in SEC filings.
  • How fast is WCT revenue growing?
    Wellchange Holdings Company Limited's revenue changed -41.6% in fiscal 2025, to $1.35M.
  • What is WCT gross margin?
    Wellchange Holdings Company Limited's gross profit was $575.1K on $1.35M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 42.7%.
  • What is WCT earnings per share?
    Diluted earnings per share were -$4.73 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did WCT last report financial results?
    The latest statements here come from Wellchange Holdings Company Limited's 20-F filed on May 14, 2026, covering the period ended Dec 31, 2025.
  • Where does this WCT financial data come from?
    Quantisnow builds these statements from the structured XBRL data Wellchange Holdings Company Limited files with the SEC. It is provided for information only and is not investment advice.