Financial Snapshot

Revenue
$3.243M
TTM
Gross Margin
74.93%
TTM
Net Earnings
$1.295M
TTM
Current Assets
$710.4K
Q2 2023
Current Liabilities
$997.9K
Q2 2023
Current Ratio
71.18%
Q2 2023
Total Assets
$2.480M
Q2 2023
Total Liabilities
$1.207M
Q2 2023
Book Value
$1.273M
Q2 2023
Cash
$142.5K
Q2 2023
P/E
24.63
Nov 29, 2024 EST
Free Cash Flow
$227.8K
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2022 2021
Revenue $1.671M $671.6K
YoY Change 148.82%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2022 2021
Revenue $1.671M $671.6K
Cost Of Revenue $353.0K $254.3K
Gross Profit $1.318M $417.3K
Gross Profit Margin 78.88% 62.13%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2022 2021
Selling, General & Admin $347.7K $160.6K
YoY Change 116.56%
% of Gross Profit 26.38% 38.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $95.54K $34.12K
YoY Change 180.01%
% of Gross Profit 7.25% 8.18%
Operating Expenses $379.2K $191.8K
YoY Change 97.75%
Operating Profit $939.0K $225.5K
YoY Change 316.33%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2022 2021
Interest Expense -$14.81K -$9.460K
YoY Change 56.55%
% of Operating Profit -1.58% -4.19%
Other Income/Expense, Net $13.81K $190.00
YoY Change 7168.42%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2022 2021
Pretax Income $938.0K $216.3K
YoY Change 333.72%
Income Tax $157.3K $44.79K
% Of Pretax Income 16.77% 20.71%
Net Earnings $780.7K $171.5K
YoY Change 355.27%
Net Earnings / Revenue 46.71% 25.53%
Basic Earnings Per Share
Diluted Earnings Per Share $0.04 $0.01

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2022 2021
Cash & Short-Term Investments $261.4K $51.86K
YoY Change 404.01%
Cash & Equivalents $261.4K $51.86K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $45.78K $143.3K
Other Receivables $39.08K $1.066M
Total Short-Term Assets $346.2K $1.262M
YoY Change -72.56%
Property, Plant & Equipment $334.4K $80.38K
YoY Change 315.96%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $5.480K $6.190K
YoY Change -11.47%
Other Assets $419.4K $30.95K
YoY Change 1255.22%
Total Long-Term Assets $1.967M $193.8K
YoY Change 915.3%
Total Assets $2.314M $1.455M
YoY Change
Accounts Payable $1.790K $7.570K
YoY Change -76.35%
Accrued Expenses $131.1K $56.82K
YoY Change 130.76%
Deferred Revenue
YoY Change
Short-Term Debt $514.4K $520.1K
YoY Change -1.1%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.221M $1.418M
YoY Change -13.84%
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $84.88K $0.00
YoY Change
Total Long-Term Liabilities $84.88K $0.00
YoY Change
Total Liabilities $1.502M $1.426M
YoY Change 5.33%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2022 2021
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $31.897 Million

About Wellchange Holdings Co Ltd

Wellchange Holdings Co Ltd is a HK-based company operating in Software industry. The company employs 7 full-time employees The company went IPO on 2024-10-02. Wellchange Holdings Co Ltd is an investment holding company mainly engaged in the software business. The firm operates businesses through its operating subsidiary, Wching HK. The firm provides customized software solutions, cloud-based software-as-a-service (SaaS) platforms, and software design and development services.

Industry: Services-Prepackaged Software Peers: