tradmap

WCT Financials Wellchange Holdings Co Ltd

4 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has declined 6.9% per year over the past 3 years.
  • Operating margin has contracted, at -469.1% in the latest year.
  • Free cash flow has declined 23.6% per year over the past 3 years.

Financial health

  • The company holds more cash ($3M) than total debt ($831894).
  • Total debt has grown in line with revenue (-8.5% vs -6.9% per year).
  • Operating income covered interest expense -508.5× in the latest year.
Revenue & net income
-$7M -$2M $2M $0 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-543% -232% 79% 0% 2022 2023 2024 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-66% 15% 96% 0% 2022 2023 2024 2025
ROEROA
Free cash flow (CFO − capex)
$0 $521415 $1M 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $1M $3M 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$6M $3M $13M $0 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $1M -$7M 42.7% -469.1% -65.7% -53.8% — $831894 $3M
2024 $2M -$431544 70.0% -19.8% -8.8% -6.4% — $867982 $250312
2023 $2M $937609 78.0% 47.5% 47.0% 28.4% $796387 $993034 $12783
2022 $2M $780648 78.9% 56.2% 96.1% — $1M — —

Valuation over time

How the market has priced WCT against its own fundamentals since 2024-10 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 1728.2 3456.4 Oct '24 Feb '25 Jun '25 Oct '25 Feb '26 Jun '26 Oct '26
P/E
Price / sales (P/S)
0.0 650.8 1301.5 Oct '24 Feb '25 Jun '25 Oct '25 Feb '26 Jun '26 Oct '26
P/S

Frequently asked questions

Is WCT growing its revenue and profit?

Over the past 3 years, Wellchange Holdings Co Ltd's revenue has declined 6.9% per year. These are computed facts, not advice.

How much debt does WCT have?

As of FY2025, Wellchange Holdings Co Ltd reported $831894 of total debt against $3M of cash; operating income covered interest expense -508.5×.

What is WCT's profit margin?

In FY2025, gross margin was 42.7%, operating margin -469.1%, and net margin -543.2%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.