Future FinTech Group Inc. (FTFT)

Future FinTech Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	36.59	34.87	23.88	25.05	0.37	0.94
Revenue Growth (YoY)	53.89%	46.00%	-4.67%	6693.88%	-60.82%	5.90%
Cost of Revenue	30.96	29.98	18.49	23.25	0.04	0.49
Gross Profit	5.63	4.89	5.4	1.8	0.33	0.45
Selling, General & Admin	26.29	26.22	18.23	8.83	5.87	2.17
Research & Development	0.13	0.34	2.67	0.7	0	0
Other Operating Expenses	3.53	2.75	1.31	5.49	9.51	5.86
Operating Expenses	29.96	29.31	22.21	15.01	15.38	8.03
Operating Income	-24.33	-24.42	-16.81	-13.21	-15.05	-7.58
Interest Expense / Income	0.03	0	0	0.01	0.37	0.52
Other Expense / Income	10.33	9.23	-3.7	0.3	-104.35	20.81
Pretax Income	-34.69	-33.65	-13.11	-13.52	88.93	-28.92
Income Tax	-0.02	0	0.52	0.07	0	0
Net Income	-34.66	-33.65	-13.63	-13.59	88.93	-28.92
Shares Outstanding (Basic)	20	15	14	13	8	6
Shares Outstanding (Diluted)	20	15	15	14	9	6
Shares Change	34.01%	1.75%	6.51%	58.13%	34.85%	45.66%
EPS (Basic)	-2.30	-2.28	-0.95	-1.04	11.65	-4.00
EPS (Diluted)	-2.33	-2.31	-0.93	-0.82	-3.50	-1.75
Free Cash Flow	-15.22	-17.43	-3.26	-20.54	-7.23	-10.15
Free Cash Flow Per Share	-0.77	-1.18	-0.23	-1.57	-0.95	-1.58
Gross Margin	15.39%	14.02%	22.59%	7.19%	90.50%	47.81%
Operating Margin	-66.47%	-70.05%	-70.41%	-52.73%	-4080.69%	-805.76%
Profit Margin	-94.72%	-96.52%	-57.06%	-54.27%	24118.26%	-3072.90%
Free Cash Flow Margin	-41.60%	-49.99%	-13.64%	-82.00%	-1960.32%	-1078.06%
EBITDA	-34.34	-33.32	-12.86	-13.44	89.38	-28.39
EBITDA Margin	-93.83%	-95.57%	-53.86%	-53.67%	24241.49%	-3016.92%
Depreciation & Amortization	0.32	0.33	0.25	0.06	0.08	0
EBIT	-34.66	-33.65	-13.11	-13.51	89.3	-28.4
EBIT Margin	-94.71%	-96.51%	-54.90%	-53.92%	24219.20%	-3017.27%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).