Future FinTech Group Inc. (FTFT)
NASDAQ: FTFT · IEX Real-Time Price · USD
0.571
+0.003 (0.62%)
At close: Jun 21, 2024, 3:54 PM
0.565
-0.006 (-1.05%)
After-hours: Jun 21, 2024, 7:13 PM EDT

Future FinTech Group Statistics

Total Valuation

FTFT has a market cap or net worth of $11.41 million. The enterprise value is -$16.75 million.

Market Cap 11.41M
Enterprise Value -16.75M

Important Dates

The next estimated earnings date is Tuesday, June 25, 2024, after market close.

Earnings Date Jun 25, 2024
Ex-Dividend Date n/a

Share Statistics

FTFT has 19.99 million shares outstanding. The number of shares has increased by 34.01% in one year.

Shares Outstanding 19.99M
Shares Change (YoY) +34.01%
Shares Change (QoQ) +31.92%
Owned by Insiders (%) 24.70%
Owned by Institutions (%) 0.26%
Float 15.70M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.31
Forward PS n/a
PB Ratio 0.26
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 3.06, with a Debt / Equity ratio of 0.05.

Current Ratio 3.06
Quick Ratio 2.01
Debt / Equity 0.05
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -1,380.43

Financial Efficiency

Return on equity (ROE) is -66.20% and return on invested capital (ROIC) is -53.53%.

Return on Equity (ROE) -66.20%
Return on Assets (ROA) -49.10%
Return on Capital (ROIC) -53.53%
Revenue Per Employee $554,463
Profits Per Employee -$525,181
Employee Count 66
Asset Turnover 0.52
Inventory Turnover n/a

Taxes

Income Tax -23,122
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -55.28% in the last 52 weeks. The beta is 0.93, so FTFT's price volatility has been similar to the market average.

Beta (1Y) 0.93
52-Week Price Change -55.28%
50-Day Moving Average 0.80
200-Day Moving Average 0.98
Relative Strength Index (RSI) 21.45
Average Volume (20 Days) 45,113

Short Selling Information

The latest short interest is 322,443, so 1.61% of the outstanding shares have been sold short.

Short Interest 322,443
Short Previous Month 327,299
Short % of Shares Out 1.61%
Short % of Float 2.05%
Short Ratio (days to cover) 7.34

Income Statement

In the last 12 months, FTFT had revenue of $36.59 million and -$34.66 million in losses. Loss per share was -$2.33.

Revenue 36.59M
Gross Profit 5.63M
Operating Income -24.33M
Pretax Income -34.69M
Net Income -34.66M
EBITDA -34.34M
EBIT -34.66M
Loss Per Share -$2.33
Full Income Statement

Balance Sheet

The company has $30.42 million in cash and $2.25 million in debt, giving a net cash position of $28.17 million or $1.41 per share.

Cash & Cash Equivalents 30.42M
Total Debt 2.25M
Net Cash 28.17M
Net Cash Per Share $1.41
Equity / Book Value 43.19M
Book Value Per Share 2.16
Working Capital 36.08M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$14.37 million and capital expenditures -$853,973, giving a free cash flow of -$15.22 million.

Operating Cash Flow -14.37M
Capital Expenditures -853,973
Free Cash Flow -15.22M
FCF Per Share -$0.77
Full Cash Flow Statement

Margins

Gross margin is 15.39%, with operating and profit margins of -66.47% and -94.72%.

Gross Margin 15.39%
Operating Margin -66.47%
Pretax Margin -94.78%
Profit Margin -94.72%
EBITDA Margin -93.83%
EBIT Margin -94.71%
FCF Margin -41.60%

Dividends & Yields

FTFT does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -34.01%
Shareholder Yield -34.01%
Earnings Yield -303.74%
FCF Yield -133.40%

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a

Stock Splits

The last stock split was on March 16, 2016. It was a reverse split with a ratio of 1:8.

Last Split Date Mar 16, 2016
Split Type Reverse
Split Ratio 1:8

Scores

FTFT has an Altman Z-Score of -4.62 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -4.62
Piotroski F-Score 2