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 |
$14.92 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 |
$13.44 M |
-$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 |
$14.82 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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