Meiwu Technology Company Limited (WNW) Income Statement
WNW 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsWNW revenue and net income
Where WNW's revenue goes
2025Each bar shows an amount and its share of revenue. WNW kept −262.5% of revenue as net income.
WNW profit margins
WNW growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4,368.0% | −13.6% | −20.4% | — |
| Gross profit | +945.8% | −7.8% | −29.9% | — |
| Operating income | — | — | — | — |
| Net income | −463.5% | — | — | — |
| EPS (diluted) | −3,554.0% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
WNW quarterly EPS vs estimates
Meiwu Technology beat the analyst EPS estimate in 2 of the last 5 quarters.
WNW income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.1M | $158,485 | $11.0M | $11.0M | $12.3M | $22.1M | $7.7M | $1.1M | $43,107 |
| Cost of revenue | $6.4M | $91,354 | $8.4M | $10.1M | $9.4M | $18.0M | $5.8M | $848,777 | $155 |
| Gross profit | $702,070 | $67,131 | $2.6M | $895,731 | $2.8M | $4.2M | $1.9M | $228,050 | $42,952 |
| Research & development | $2.7M | $689 | $107,199 | $1.0M | $452,608 | $527,974 | $340,534 | $205,609 | — |
| Sales, general & admin | — | $2.1M | $4.0M | $3.9M | $3.5M | $5.9M | $3.3M | $680,823 | $6,190 |
| Total operating expenses | $19.3M | $2.1M | $12.5M | $11.4M | $4.0M | $6.4M | $3.7M | −$1.2M | $6,190 |
| Operating income | −$18.6M | −$2.0M | −$1.5M | −$10.5M | −$1.1M | −$2.2M | −$1.8M | −$983,287 | $36,762 |
| Interest expense | — | — | — | $7.9M | $15,889 | $0 | $0 | $0 | — |
| Income before taxes | −$18.2M | $4.7M | −$16.1M | −$11.0M | −$1.1M | −$2.2M | −$1.8M | −$980,098 | $36,762 |
| Income taxes | — | −$372,564 | — | $211,144 | −$35,640 | $95,245 | $105,512 | $51,014 | $3,236 |
| Net income | −$18.6M | $5.1M | −$16.1M | −$11.1M | −$1.1M | −$2.2M | −$1.8M | −$980,098 | $33,526 |
| EBITDA | −$15.7M | −$1.9M | −$1.3M | −$3.4M | −$978,023 | −$2.2M | −$1.5M | −$923,453 | $73,524 |
| EPS (diluted) | −$55.61 | $1.61 | −$109.89 | −$0.22 | −$0.04 | −$0.11 | −$0.11 | −$0.02 | — |
| Gross margin | 9.9% | 42.4% | 23.5% | 8.2% | 23.2% | 18.8% | 24.8% | 21.2% | 99.6% |
| Operating margin | −263.0% | −1,291.6% | −13.8% | −95.4% | −9.0% | −10.1% | −22.9% | −91.3% | 85.3% |
| Net margin | −262.5% | 3,227.2% | −146.4% | −100.9% | −8.8% | −10.0% | −22.8% | −91.0% | 77.8% |
| Mar '26 | Sep '25 | Mar '25 | Sep '24 | Jun '24 | Sep '23 | Mar '23 | Dec '22 | Sep '22 | Jun '22 | Mar '22 | Dec '21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.6M | $2.5M | $72,326 | $86,159 | $294,186 | $10.7M | $9.8M | $4.9M | $1.2M | $583,213 | $4.8M | $2.4M |
| Cost of revenue | $4.2M | $2.2M | $49,265 | $42,089 | $165,987 | $8.2M | $8.8M | $4.4M | $1.0M | $507,885 | $3.6M | $1.8M |
| Gross profit | $396,568 | $302,993 | $23,061 | $44,070 | $128,199 | $2.5M | $1.0M | $512,016 | $150,656 | $75,328 | $1.1M | $570,485 |
| Research & development | $2.7M | — | $1 | $688 | $427 | $107,626 | $857,922 | $428,961 | $172,437 | $86,219 | $180,683 | $90,341 |
| Sales, general & admin | — | — | $1.3M | $771,875 | $1.7M | $2.3M | $5.1M | $1.2M | $5.5M | $2.6M | $834,309 | $444,434 |
| Total operating expenses | $17.6M | $1.7M | $1.3M | $772,563 | $1.7M | $2.4M | $5.9M | −$3.3M | $5.7M | −$2.8M | $1.0M | −$520,645 |
| Operating income | −$17.2M | −$1.4M | −$1.3M | −$728,493 | −$1.6M | $41,210 | −$4.9M | $1.1M | −$5.6M | −$2.6M | $125,976 | $245,984 |
| Interest expense | — | — | — | — | — | — | $3.8M | $3.8M | $172,680 | $172,680 | $196,145 | $196,145 |
| Income before taxes | −$16.8M | −$1.4M | $5.5M | −$717,179 | −$15.8M | −$56,543 | −$5.4M | −$2.7M | −$5.5M | −$2.8M | $99,678 | $49,839 |
| Income taxes | $499 | −$499 | $996 | −$371,568 | $4,128 | $211,368 | $211,144 | $105,572 | −$24,926 | $160,217 | −$35,640 | $178,325 |
| Net income | −$17.2M | −$1.4M | $5.5M | −$335,901 | −$15.8M | −$267,911 | −$5.6M | −$2.8M | −$5.5M | −$2.9M | $135,318 | −$128,486 |
| EBITDA | −$15.1M | −$652,893 | −$1.3M | −$669,719 | −$1.4M | $85,199 | $366,930 | $1.0M | −$5.4M | −$2.7M | $308,972 | $154,486 |
| EPS (diluted) | — | −$0.04 | $5.61 | −$2.13 | — | — | — | — | −$0.14 | — | $0.01 | — |
| Gross margin | 8.6% | 12.2% | 31.9% | 51.1% | 43.6% | 23.0% | 10.4% | 10.4% | 12.9% | 12.9% | 24.0% | 24.0% |
| Operating margin | −374.6% | −55.6% | −1,823.0% | −845.5% | −529.6% | 0.4% | −50.1% | 22.4% | −476.6% | −444.5% | 2.6% | 10.3% |
| Net margin | −374.3% | −54.9% | 7,536.1% | −389.9% | −5,370.2% | −2.5% | −56.7% | −58.0% | −472.0% | −501.6% | 2.8% | −5.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in WNW's financial statements (latest annual report filed April 17, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
WNW financial results
In fiscal year 2025 (ended December 31, 2025), Meiwu Technology reported revenue of $7.1 million, up 4,368.0% from the year before. It had a net loss of $18.6 million, a net profit margin of −262.5%. Diluted earnings per share came to −$55.61. Over five years revenue grew at an average rate of −20.4% a year.
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WNW income statement FAQ
What is Meiwu Technology's annual revenue?
Meiwu Technology reported total revenue of $7.1 million for fiscal year 2025, which ended on December 31, 2025. That was up 4,368.0% from $0.2 million the previous year.
Is Meiwu Technology profitable?
No. Meiwu Technology reported a net loss of $18.6 million in fiscal 2025, a net profit margin of −262.5%; its operating margin was −263.0%.
What is Meiwu Technology's gross margin?
Meiwu Technology's gross margin was 9.9% in fiscal 2025: for every $100 of revenue, Meiwu Technology kept $10 after the direct cost of its products and services.
How much does Meiwu Technology spend on research and development?
Meiwu Technology spent $2.7 million on research and development in fiscal 2025, 37.9% of revenue.
How fast is Meiwu Technology growing?
Revenue grew −20.4% a year on average over the last five fiscal years, from $22.1 million to $7.1 million.
What are Meiwu Technology's earnings per share?
Meiwu Technology earned $-55.61 per diluted share in fiscal 2025, compared with $1.61 a year earlier.
When does Meiwu Technology's fiscal year end?
Meiwu Technology's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 17, 2026.