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, New York
State of incorporation
Florida
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 - Q2 2024 - Aug 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 325 % -2.72%
Quick Ratio 2.7 %
Debt-to-equity 35.8 % +11%
Return On Equity -77 % -304%
Return On Assets -56.2 % -292%
Operating Margin -69.8 % +0.21%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 20.3M shares +38.9%
Common Stock, Shares, Outstanding 20M shares +36.5%
Entity Public Float 15.3M USD -34.6%
Common Stock, Value, Issued 20K USD +36.5%
Weighted Average Number of Shares Outstanding, Basic 20M shares +36.5%
Weighted Average Number of Shares Outstanding, Diluted 20M shares +36.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 37.1M USD +84.8%
Research and Development Expense 22.9K USD -98.7%
General and Administrative Expense 12.5M USD -10.4%
Operating Income (Loss) -25.9M USD -84.4%
Nonoperating Income (Expense) -10.6M USD -738%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -36.6M USD -195%
Income Tax Expense (Benefit) 15.7K USD -94.7%
Net Income (Loss) Attributable to Parent -35.1M USD -181%
Earnings Per Share, Basic -0.09 USD/shares +10%
Earnings Per Share, Diluted -2.29 USD/shares -131%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 9.82M USD
Accounts Receivable, after Allowance for Credit Loss, Current 5.26M USD +94.1%
Inventory, Net 490K USD -20.9%
Other Assets, Current 19.9M USD +242%
Assets, Current 51.2M USD -28.1%
Property, Plant and Equipment, Net 4.59M USD +4.82%
Operating Lease, Right-of-Use Asset 1.24M USD +39.8%
Intangible Assets, Net (Excluding Goodwill) 561K USD +14.5%
Goodwill 14M USD -11.2%
Other Assets, Noncurrent 2.21M USD
Assets 58.3M USD -35.9%
Accounts Payable, Current 2.87M USD +624%
Accrued Liabilities, Current 2.21M USD +70.5%
Contract with Customer, Liability, Current 229K USD
Liabilities, Current 17.7M USD -39.7%
Deferred Income Tax Liabilities, Net 3.47M USD
Operating Lease, Liability, Noncurrent 855K USD +45.7%
Liabilities 18.6M USD -38%
Accumulated Other Comprehensive Income (Loss), Net of Tax -4.12M USD -423%
Retained Earnings (Accumulated Deficit) -191M USD -22.5%
Stockholders' Equity Attributable to Parent 41.3M USD -33.7%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 39.7M USD -34.8%
Liabilities and Equity 58.3M USD -35.9%

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 20M shares +36.5%
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 9.82M USD -73.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.25 pure 0%
Operating Lease, Liability 1.25M 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 -34.8M USD -132%
Lessee, Operating Lease, Liability, to be Paid 1.4M USD
Property, Plant and Equipment, Gross 1.34M USD -7.84%
Operating Lease, Liability, Current 399K USD +33.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 305K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 348K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 143K 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 83.6K USD
Additional Paid in Capital 223M USD +0.03%
Amortization of Intangible Assets 128K USD
Share-based Payment Arrangement, Expense 1.28M USD