Future FinTech Group Inc. (FTFT) Financials

$0.24

south_east
-$0 (-0.73%)
Day's range
$0.24
Day's range
$0.26

FTFT Income statement / Annual

Last year (2023), Future FinTech Group Inc.'s total revenue was $34.87 M, an increase of 46.00% from the previous year. In 2023, Future FinTech Group Inc.'s net income was -$33.65 M. See Future FinTech Group Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015 FY-2014
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Operating Revenue $34.87 M $23.88 M $25.05 M $370,657.00 $955,172.00 $888,670.00 $10.46 M $34.41 M $86.44 M $99.06 M
Cost of Revenue $29.98 M $18.49 M $23.25 M $35,286.00 $464,307.00 $975,042.00 $8.73 M $25.23 M $60.32 M $69.78 M
Gross Profit $4.89 M $5.40 M $1.80 M $335,371.00 $490,865.00 -$86,372.00 $1.73 M $9.17 M $26.12 M $29.28 M
Gross Profit Ratio 0.14 0.23 0.07 0.9 0.51 -0.1 0.17 0.27 0.3 0.3
Research and Development Expenses $342,985.00 $2.67 M $698,116.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $11.46 M $15.75 M $13.17 M $10.20 M $4.91 M $11.94 M $10.42 M $5.01 M $10.69 M $7.39 M
Selling & Marketing Expenses $599,051.00 $808,358.00 $366,071.00 $39,685.00 $500,949.00 $188,579.00 $719,452.00 $1.93 M $5.20 M $5.70 M
Selling, General & Administrative Expenses $15.52 M $16.56 M $13.53 M $10.24 M $5.41 M $12.13 M $11.14 M $6.94 M $15.88 M $13.09 M
Other Expenses $0.00 -$815,847.00 -$1,823.00 $3.36 M $5.23 M $2.39 M -$428,611.00 $207,386.00 $1.20 M $661,655.00
Operating Expenses $29.31 M $18.42 M $14.23 M $13.59 M $10.65 M $12.13 M $10.58 M $6.93 M $14.68 M $12.43 M
Cost And Expenses $59.29 M $36.90 M $37.48 M $13.63 M $11.11 M $13.11 M $19.31 M $32.16 M $74.99 M $82.22 M
Interest Income $1.34 M $1.31 M $277,270.00 $218,028.00 $3,995.00 $1,372.00 $1,880.00 $158,730.00 $351,915.00 $666,471.00
Interest Expense $892.00 $11,696.00 $14,821.00 $372,169.00 $523,676.00 $1.62 M $3.08 M $1.66 M $3.89 M $4.55 M
Depreciation & Amortization $330,141.00 $248,703.00 $62,903.00 $82,194.00 $3,300.00 $9.80 M $3.19 M $5.43 M $7.62 M $5.60 M
EBITDA -$34.07 M -$13.24 M -$11.67 M -$29.82 M -$10.58 M -$178.33 M -$95.77 M $8.05 M $19.42 M $23.11 M
EBITDA Ratio -0.98 -0.47 -0.43 -34.81 -5.98 -11.06 -0.82 0.23 0.22 0.23
Operating Income Ratio -0.7 -0.55 -0.5 -35.77 -10.63 -214.38 -9.47 0.06 0.12 0.18
Total Other Income/Expenses Net -$9.98 M $3.32 M $1.46 M -$15.23 M -$3.53 M $764,502.00 -$2.95 M -$1.26 M -$2.33 M -$4.48 M
Income Before Tax -$34.40 M -$13.80 M -$11.74 M -$30.02 M -$13.69 M -$189.75 M -$102.04 M $968,131.00 $7.91 M $12.96 M
Income Before Tax Ratio -0.99 -0.58 -0.47 -80.99 -14.33 -213.52 -9.75 0.03 0.09 0.13
Income Tax Expense $2,552.00 $517,102.00 $73,400.00 -$118.58 M $11.84 M $237.00 $266,120.00 $1.60 M $4.27 M $4.33 M
Net Income -$33.65 M -$14.32 M -$11.82 M $88.93 M -$25.52 M -$170.00 M -$102.58 M -$5.55 M $2.95 M $7.87 M
Net Income Ratio -0.97 -0.6 -0.47 239.93 -26.72 -191.29 -9.8 -0.16 0.03 0.08
EPS -2.28 -1 -0.9 2.33 -0.8 -7.86 -21.11 -1.41 0.88 2.4
EPS Diluted -2.28 -0.99 -0.87 2.06 -0.8 -7.74 -18.34 -1.41 0.88 2.4
Weighted Average Shares Out $14.75 M $14.32 M $13.09 M $38.06 M $32.00 M $21.64 M $4.86 M $3.93 M $3.35 M $3.33 M
Weighted Average Shares Out Diluted $14.79 M $14.53 M $13.65 M $43.15 M $32.00 M $21.97 M $5.59 M $3.93 M $3.35 M $3.33 M
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