Company: JWEL
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001213900-25-041556
Chunk: 76

Company: Jowell Global Ltd.
Filing Date: 2025-05-09
Form: 20-F
Item: Item 4A
Chunk 76
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)                                                                      (494       (0.3           89        0.0         (583      (655.1  
  Loss before Income Taxes                                                              (11,385       (7.1      (11,952       (5.7          567        (4.7  
  Income Taxes Benefit (Expense)                                                            135       (0.1         (420       (0.2          555      (132.2  
  Net Loss                                                                              (11,520       (7.2      (11,532       (5.5           12        (0.1  
  Other Comprehensive Loss, net of tax                                                     (898       (0.6       (2,446       (1.2        1,548       (63.3  
  Comprehensive Loss                        $                                           (12,418       (7.8      (13,978       (6.7        1,560       (11.2  

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 manufacturers
and distributors in China. 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, 2023 and 2022, respectively.

                                              For the Year Ended December 31,                                                                          
                                              2023                                                                                                     
  (in thousands, except for percentages)                                                                                                               
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Cosmetic products                           $                                     55,068       34.4       99,282       47.3      (44,214      (44.5  
  Health and Nutritional Supplements                                                22,613       14.1       39,949       19.0      (17,336      (43.4  
  Household Products                                                                81,783       51.1       70,627       33.6       11,156       15.8  
  Other                                                                                545        0.4          123