Weimob Inc.
Weimob Inc. (WEMXF) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Weimob Inc. (WEMXF), featuring income statements, balance sheets, and cash flow data.
Weimob Inc. (WEMXF) Income Statement & Financial Overview
View the income breakdown for Weimob Inc. WEMXF across both annual and quarterly reports.
| Metric | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2023 |
|---|---|---|---|---|
| Revenue | $471.82M | $867.43M | $1.02B | $1.21B |
| Cost of Revenue | $384.50M | $291.53M | $346.95M | $388.01M |
| Gross Profit | $87.33M | $575.90M | $671.17M | $821.56M |
| Gross Profit Ratio | $0.19 | $0.66 | $0.66 | $0.68 |
| R&D Expenses | $406.30M | $0.00 | $87.10M | $319.20M |
| SG&A Expenses | $924.45M | $852.27M | $1.07B | $1.22B |
| Operating Expenses | $1.23B | $863.23M | $890.16M | $1.21B |
| Total Costs & Expenses | $1.62B | $1.15B | $1.24B | $1.59B |
| Interest Income | $0.00 | $0.00 | $48.83M | $53.41M |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $115.75M | $128.28M | $22.72M | $23.60M |
| EBITDA | -$702.86M | -$159.05M | -$328.70M | -$361.69M |
| EBITDA Ratio | -$1.49 | -$0.18 | -$0.32 | -$0.32 |
| Operating Income | -$1.14B | -$287.32M | -$218.99M | -$404.76M |
| Operating Income Ratio | -$2.42 | -$0.33 | -$0.22 | -$0.33 |
| Other Income/Expenses (Net) | -$96.22M | -$259.82M | -$68.93M | -$53.14M |
| Income Before Tax | -$1.24B | -$547.14M | -$287.92M | -$438.44M |
| Income Before Tax Ratio | -$2.63 | -$0.63 | -$0.28 | -$0.36 |
| Income Tax Expense | $65.95M | $22.70M | $3.71M | $31.20M |
| Net Income | -$1.18B | -$550.78M | -$306.02M | -$452.24M |
| Net Income Ratio | -$2.50 | -$0.63 | -$0.30 | -$0.37 |
| EPS | -$0.37 | -$0.19 | -$0.11 | -$0.17 |
| Diluted EPS | -$0.37 | -$0.19 | -$0.11 | -$0.17 |
| Weighted Avg Shares Outstanding | $3.15B | $2.86B | $2.75B | $2.66B |
| Weighted Avg Shares Outstanding (Diluted) | $3.15B | $2.86B | $2.75B | $2.73B |
Financial performance has remained strong, with revenue growing from $1.21B in Q2 2023 to $471.82M in Q4 2024. Gross profit continued to perform well, with margins at 19% in the latest quarter. Operating income reached -$1.14B in Q4 2024, holding a steady -242% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at -$702.86M. Net income dropped to -$1.18B, keeping EPS at -$0.37. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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