Future FinTech Group Inc. financial data

Symbol
FTFT on Nasdaq
Industry
Services-Business Services, NEC
Location
Americas Tower, 1177 Avenue Of The Ameri, Suite 5100, New York, NY
State of incorporation
FL
Fiscal year end
December 31
Former names
SkyPeople Fruit Juice, Inc (to 5/26/2017), ENTECH ENVIRONMENTAL TECHNOLOGIES INC (to 6/5/2008), CYBER PUBLIC RELATIONS INC (to 3/5/2004)
Latest financial report
10-Q - Q3 2024 - Nov 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 293 % -7.35%
Quick Ratio 2.7 %
Debt-to-equity 44 % +36.1%
Return On Equity -94.2 % -417%
Return On Assets -64.6 % -372%
Operating Margin -155 % -313%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 20.7M shares +38.8%
Common Stock, Shares, Outstanding 20.7M shares +41.7%
Entity Public Float 15.3M USD -34.6%
Common Stock, Value, Issued 20.7K USD +41.7%
Weighted Average Number of Shares Outstanding, Basic 20.1M shares +37.5%
Weighted Average Number of Shares Outstanding, Diluted 20.2M shares +37.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 18.5M USD -41.8%
Research and Development Expense 6.71K USD -99.3%
General and Administrative Expense 12M USD -15.2%
Operating Income (Loss) -28.7M USD -140%
Nonoperating Income (Expense) -10.4M USD -1814%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -39.1M USD -245%
Income Tax Expense (Benefit) 15.7K USD -94.7%
Net Income (Loss) Attributable to Parent -37.6M USD -231%
Earnings Per Share, Basic -0.24 USD/shares -50%
Earnings Per Share, Diluted -2.37 USD/shares -160%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 6.52M USD -80.4%
Accounts Receivable, after Allowance for Credit Loss, Current 3.41M USD +5.83%
Inventory, Net 490K USD -20.9%
Other Assets, Current 19.9M USD +242%
Assets, Current 45.1M USD -10.9%
Property, Plant and Equipment, Net 4.52M USD -2.24%
Operating Lease, Right-of-Use Asset 1.36M USD +69.5%
Intangible Assets, Net (Excluding Goodwill) 547K USD +15.1%
Goodwill 14M USD -11.2%
Other Assets, Noncurrent 2.21M USD
Assets 53.4M USD -24.3%
Accounts Payable, Current 1.76M USD +399%
Accrued Liabilities, Current 2.21M USD +70.5%
Contract with Customer, Liability, Current 54.1K USD
Liabilities, Current 16.8M USD +46.3%
Deferred Income Tax Liabilities, Net 3.47M USD
Operating Lease, Liability, Noncurrent 806K USD +57.1%
Liabilities 17.7M USD +46.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -4.12M USD -423%
Retained Earnings (Accumulated Deficit) -196M USD -23.7%
Stockholders' Equity Attributable to Parent 37.4M USD -37.6%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 35.7M USD -38.9%
Liabilities and Equity 53.4M USD -24.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Financing Activities 2.55M USD
Net Cash Provided by (Used in) Investing Activities 156K USD -62.1%
Common Stock, Shares Authorized 60M shares 0%
Common Stock, Shares, Issued 20.7M shares +41.7%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -4.15M USD +57.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 6.52M USD -80.5%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.25 pure 0%
Operating Lease, Liability 1.38M USD
Depreciation 66.9K USD -6.36%
Payments to Acquire Property, Plant, and Equipment 146K USD +757%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -36.5M USD -205%
Lessee, Operating Lease, Liability, to be Paid 1.47M USD
Property, Plant and Equipment, Gross 3.03M USD +111%
Operating Lease, Liability, Current 575K USD +98.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 269K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 375K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 84K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 201K USD
Current Income Tax Expense (Benefit) 25.7K USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 184K USD
Additional Paid in Capital 223M USD +0.03%
Amortization of Intangible Assets 128K USD
Share-based Payment Arrangement, Expense 1.28M USD