Fortune Valley Treasures, Inc. (FVTI)
OTCMKTS · Delayed Price · Currency is USD
0.0605
0.00 (0.00%)
Jun 5, 2026, 9:30 AM EST
Fortune Valley Treasures Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
Period Ending | Jun '24 Jun 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| 1.84 | 4.24 | 9.23 | 8.02 | 5.01 | 0.28 | |
Revenue Growth (YoY) | -78.42% | -54.12% | 15.11% | 60.25% | 1718.80% | 187.14% |
Cost of Revenue | 1.34 | 2.26 | 4.59 | 3.66 | 1.67 | 0.22 |
Gross Profit | 0.5 | 1.98 | 4.64 | 4.36 | 3.33 | 0.06 |
Selling, General & Admin | 5.55 | 5.69 | 4.75 | 2.18 | 0.9 | 0.44 |
Other Operating Expenses | - | - | - | - | -0 | - |
Operating Expenses | 5.55 | 5.69 | 4.75 | 2.18 | 0.89 | 0.44 |
Operating Income | -5.05 | -3.71 | -0.11 | 2.18 | 2.44 | -0.38 |
Interest Expense | -0.04 | -0.04 | -0.03 | -0.02 | -0.01 | -0 |
Interest & Investment Income | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non Operating Income (Expenses) | 0.02 | 0.02 | 0.01 | 0.05 | -0.17 | 0 |
EBT Excluding Unusual Items | -5.07 | -3.73 | -0.13 | 2.21 | 2.25 | -0.38 |
Impairment of Goodwill | -0.44 | -0.44 | -0.86 | - | -5.59 | - |
Asset Writedown | - | - | -0.98 | - | - | - |
Pretax Income | -5.52 | -4.17 | -1.97 | 2.21 | -3.34 | -0.38 |
Income Tax Expense | 0 | 0.1 | 0.19 | 0.25 | 0.31 | 0 |
Earnings From Continuing Operations | -5.52 | -4.27 | -2.16 | 1.96 | -3.65 | -0.38 |
Minority Interest in Earnings | 0.22 | 0.22 | 0.21 | -0.18 | 0.39 | - |
Net Income | -5.3 | -4.05 | -1.94 | 1.78 | -3.26 | -0.38 |
Net Income to Common | -5.3 | -4.05 | -1.94 | 1.78 | -3.26 | -0.38 |
Shares Outstanding (Basic) | 16 | 16 | 16 | 16 | 15 | 15 |
Shares Outstanding (Diluted) | 16 | 16 | 16 | 16 | 15 | 15 |
Shares Change (YoY) | - | - | - | 1.72% | 0.02% | - |
EPS (Basic) | -0.34 | -0.26 | -0.12 | 0.11 | -0.21 | -0.02 |
EPS (Diluted) | -0.34 | -0.26 | -0.12 | 0.11 | -0.21 | -0.02 |
Free Cash Flow | -0.37 | -0.18 | 0 | -0.57 | 1.17 | -0.17 |
Free Cash Flow Per Share | -0.02 | -0.01 | - | -0.04 | 0.08 | -0.01 |
Gross Margin | 27.27% | 46.77% | 50.26% | 54.38% | 66.57% | 21.44% |
Operating Margin | -273.92% | -87.62% | -1.15% | 27.14% | 48.74% | -138.20% |
Profit Margin | -287.49% | -95.52% | -21.04% | 22.19% | -65.04% | -137.26% |
Free Cash Flow Margin | -19.98% | -4.35% | 0.05% | -7.16% | 23.38% | -63.09% |
EBITDA | -4.81 | -3.47 | 0.75 | 3.05 | 2.72 | -0.38 |
EBITDA Margin | -261.14% | -81.87% | 8.09% | 37.98% | 54.39% | -137.81% |
D&A For EBITDA | 0.24 | 0.24 | 0.85 | 0.87 | 0.28 | 0 |
EBIT | -5.05 | -3.71 | -0.11 | 2.18 | 2.44 | -0.38 |
EBIT Margin | -273.92% | -87.62% | -1.15% | 27.14% | 48.74% | -138.20% |
Effective Tax Rate | - | - | - | 11.25% | - | - |