Company: JWEL
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001213900-25-041556
Chunk: 70

Company: Jowell Global Ltd.
Filing Date: 2025-05-09
Form: 20-F
Item: Item 4A
Chunk 70
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801       (25.7  
  Other Income (loss)                                                                       115        0.1         (494       (0.3          609      (123.3  
  Loss before Income Taxes                                                               (7,975       (6.0      (11,385       (7.1        3,410       (30.0  
  Income Taxes Expense                                                                       28        0.0          135       (0.1         (107       (79.3  
  Net Loss                                                                               (8,003       (6.0      (11,520       (7.2        3,517       (30.5  
  Other Comprehensive Loss, net of tax                                                     (320       (0.2         (898       (0.6          578       (64.4  
  Comprehensive Loss                        $                                            (8,323       (6.3      (12,418       (7.8        4,095       (33.0  

Revenue

Through our website at www.1juhao. com and mobile
app, we engage primarily in the sales of cosmetic products, health and nutritional supplements and household products sourced from third-party
manufacturers and distributors. Currently, we have three types of revenue streams deriving from our three major product categories: cosmetic
products, health and nutritional supplements and household products. Other than revenue from product sales, we also earn service fees
charged to third-party merchants for using our platform, which was immaterial and is grouped in “ Others” presented below.
The following sets forth the breakdown of our revenue by stream for the years ended December 31, 2024 and 2023, respectively.

                                              For the Year Ended December 31,                                                                          
                                              2024                                                                                                     
  (in thousands, except for percentages)                                                                                                               
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Cosmetic products                           $                                     36,338       27.3       55,068       34.4      (18,730      (34.0  
  Health and Nutritional Supplements                                                33,572       25.3       22,613       14.1       10,959       48.5  
  Household Products                                                                62,755       47.2       81,783       51.1      (19,028      (23.3  
  Other                                                                                317