WeTouch Technology Inc. Reports First Quarter Fiscal Year 2025 Financial Results: Net Income Surges Over Fourfold, Cash Reaches $8.9 Per Share
Core Insights - WeTouch Technology Inc. reported a total revenue of $15.3 million for the first quarter of fiscal year 2025, marking a 2.7% increase from $14.9 million in the same period of fiscal year 2024 [1] - The company's net income surged to $2.6 million, reflecting a significant year-over-year increase of 316.7% [1] Financial Performance - Total Revenue: $15.3 million, up 2.7% from $14.9 million in Q1 FY 2024 [1] - Net Income: $2.6 million, an increase of 316.7% year-over-year [1]