Fortune Valley Treasures, Inc. Annual Cost of Revenue in USD from 2017 to 2023

Taxonomy & unit: us-gaap: USD
Description: The aggregate cost of goods produced and sold and services rendered during the reporting period.
Summary: Fortune Valley Treasures, Inc. quarterly/annual Cost of Revenue history and growth rate from 2017 to 2023.
Fortune Valley Treasures, Inc. Cost of Revenue for the quarter ending June 30, 2024 was $203K, a 68.9% decline year-over-year.
Fortune Valley Treasures, Inc. Cost of Revenue for the twelve months ending June 30, 2024 was $1.34M, a 68.9% decline year-over-year.
Fortune Valley Treasures, Inc. annual Cost of Revenue for 2023 was $2.26M, a 50.9% decline from 2022.
Fortune Valley Treasures, Inc. annual Cost of Revenue for 2022 was $4.59M, a 25.5% increase from 2021.
Fortune Valley Treasures, Inc. annual Cost of Revenue for 2021 was $3.66M, a 119% increase from 2020.

Cost of Revenue, Trailing 12 Months (USD)

Cost of Revenue, Annual (USD)

Cost of Revenue, YoY Annual Growth (%)

Period	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed
2023	$2.26M	-$2.34M	-50.9%	Jan 1, 2023	Dec 31, 2023	10-K	2024-04-15
2022	$4.59M	+$934K	+25.5%	Jan 1, 2022	Dec 31, 2022	10-K	2024-04-15
2021	$3.66M	+$1.99M	+119%	Jan 1, 2021	Dec 31, 2021	10-K	2023-03-31
2020	$1.67M	+$1.46M	+674%	Jan 1, 2020	Dec 31, 2020	10-K	2022-04-01
2019	$216K	+$170K	+365%	Jan 1, 2019	Dec 31, 2019	10-K	2021-04-26
2018	$46.5K	-$88.2K	-65.5%	Jan 1, 2018	Dec 31, 2018	10-K	2020-05-14
2017	$135K			Jan 1, 2017	Dec 31, 2017	10-K	2019-04-02

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* An asterisk sign (*) next to the value indicates that the value is likely invalid.