Future FinTech Group Inc. FTFT
under the laws of the State of Florida. The Company historically engaged in the production and sale of fruit juice concentrates (including
fruit purees and fruit juices), fruit beverages (including fruit juice beverages and fruit cider beverages) in the PRC. Due to drastically
increased production costs and tightened environmental laws in China, the Company had transformed its business from fruit juice manufacturing
and distribution to financial technology related service businesses. The main business of the Company included supply chain financing
Last close
2.00
2026-10-23
Market cap
$3.1M
estimated share count
52-week range
1.22 - 142.07
Valuation FY2025 figures against the last close
P/S0.8x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-2.31
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.8M | $2.1M | $21.7M | $23.9M | $25.1M | $368.7K | $941.1K | $888.7K | $10.5M | $34.4M |
| Cost of revenue | $3.4M | $876.5K | $20.6M | — | $23.2M | $35.0K | $491.1K | $975.0K | $8.7M | $25.2M |
| Gross profit | $408.3K | $1.2M | $1.1M | $5.4M | $1.8M | $333.7K | $450.0K | -$86.4K | $1.7M | $9.2M |
| R&D | — | $312.9K | $340.4K | $2.7M | $698.1K | — | — | — | — | — |
| SG&A | $4.3M | $4.7M | $7.2M | $14.2M | $57.6K | $1.5K | $1.7M | $11.9M | $10.4M | $5.0M |
| Total operating expenses | $34.4M | $34.1M | $24.7M | $22.2M | $15.0M | $15.4M | $8.0M | $190.4M | $100.8M | $6.9M |
| Operating income | -$34.0M | -$32.9M | -$23.6M | -$16.8M | -$13.2M | -$15.0M | -$7.6M | -$190.5M | -$99.1M | $2.2M |
| Interest expense | $128.2K | $107.7K | $892 | $1.3M | $277.3K | $464 | $3.9K | — | — | $1.7M |
| Pre-tax income | -$30.9M | -$33.7M | -$32.8M | -$13.5M | -$11.7M | -$30.3M | -$11.1M | -$189.8M | -$102.0M | $968.1K |
| Income tax | — | — | — | $456.6K | $73.4K | — | — | $237 | $266.1K | $1.6M |
| Net income | -$4.6M | -$33.0M | -$33.7M | -$13.6M | -$14.2M | -$88.9M | -$27.1M | -$170.0M | -$102.6M | -$5.3M |
| EPS, basic | -2.31 | -62.99 | -2.28 | -0.95 | — | — | -0.79 | -7.85 | -21.11 | -1.41 |
| EPS, diluted | -2.31 | -63.00 | -2.27 | -0.95 | -1.00 | 2.33 | -0.80 | -7.74 | -18.34 | -1.41 |
| Shares, diluted (wtd. avg.) | 2.0M | 524,255 | 14.8M | 14.5M | 13.6M | 43.1M | 32.0M | 22.0M | 5.6M | 3.9M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.4M | $4.8M | $16.1M | $27.6M | $50.3M | $9.4M | $526.8K | $19.7K | $4.6M | $1.1M |
| Short-term investments | $1.4K | $1.4K | $959.0K | $988.1K | $2.2M | — | — | — | — | — |
| Receivables | $605.2K | $2.1M | $4.4M | $7.8M | $9.1M | — | $5.0K | $73.2K | $17.2M | $7.3M |
| Inventory | — | — | — | $518.1K | $76.1K | — | $3.6K | $63.0K | $2.1M | $3.0M |
| Total current assets | $50.8M | $30.3M | $54.5M | $65.3M | $72.7M | $15.6M | $100.3M | $24.2M | $62.0M | $101.6M |
| Property, plant and equipment | $149.9K | $238.2K | $2.8M | $4.2M | $3.2M | $2.7K | $17.9K | $2.3M | $28.1M | $81.5M |
| Goodwill | — | — | — | $14.0M | $15.6M | — | — | — | — | — |
| Other intangibles | $475.5K | $532.8K | $589.0K | $518.1K | $76.1K | $41.2K | $40.9K | $21.4M | $33.1M | — |
| Total assets | $53.3M | $35.5M | $60.9M | $85.0M | $91.7M | $15.9M | $116.0M | $62.9M | $190.7M | $261.7M |
| Accounts payable | $3.3M | $2.2M | $3.3M | $3.6M | $79 | $76 | $248.9K | $11.1M | $11.3M | $16.6M |
| Short-term debt | — | — | — | — | $1.0M | — | — | — | — | — |
| Total current liabilities | $8.2M | $22.7M | $17.7M | $18.6M | $7.2M | $6.9M | $203.2M | $117.2M | $118.0M | $77.0M |
| Long-term debt | — | — | — | — | $188.2K | — | — | $32.5M | $22.3M | — |
| Total liabilities | $9.3M | $22.9M | $18.5M | $19.3M | $10.8M | $7.2M | $204.1M | $149.6M | $157.7M | $91.5M |
| Retained earnings | -$223.5M | -$218.9M | -$185.9M | -$152.3M | -$138.6M | -$124.4M | -$213.3M | -$188.1M | -$2.3M | $100.2M |
| Total equity | $44.0M | $14.5M | $44.0M | $65.7M | $80.9M | $8.7M | -$88.1M | -$86.7M | $32.9M | $170.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$31.8M | -$20.4M | -$14.6M | -$2.4M | -$18.7M | -$5.2M | -$5.9M | -$4.9M | $23.7M | -$34.4M |
| Depreciation and amortisation | $95.6K | $116.0K | $201.4K | $185.2K | $57.6K | $0 | $0 | — | — | — |
| Stock-based compensation | $1.1M | $671.0K | $3.5M | $2.2M | $6.4M | $7.1M | $703.3K | — | — | — |
| Capital expenditure | $3.7K | $34.1K | $65.7K | — | — | $3.0K | $5.0K | — | — | $8.7M |
| Investing cash flow | -$29.0M | -$1.7M | $8.8M | -$14.2M | -$11.2M | -$2.9K | -$48.0K | — | — | -$21.0M |
| Financing cash flow | $31.8M | $2.5M | -$2.4M | -$251.7K | $69.3M | $16.4M | $3.2M | $156.0K | -$19.9M | -$24.1M |
| Dividends paid | — | — | — | — | $60.0K | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-26-030833.
Plot the figures US dollars
Income statement
Revenue
Cost of revenue
Gross profit
R&D
SG&A
Total operating expenses
Operating income
Interest expense
Pre-tax income
Income tax
Net income
EPS, basic
EPS, diluted
Shares, diluted (wtd. avg.)
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $34.4M | $10.5M | $888.7K | $941.1K | $368.7K | $25.1M | $23.9M | $21.7M | $2.1M | $3.8M |
| Gross profit | $9.2M | $1.7M | -$86.4K | $450.0K | $333.7K | $1.8M | $5.4M | $1.1M | $1.2M | $408.3K |
| Net income | -$5.3M | -$102.6M | -$170.0M | -$27.1M | -$88.9M | -$14.2M | -$13.6M | -$33.7M | -$33.0M | -$4.6M |
Recent filings and events
- Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
- Shareholder rights changed Item 3.03
- Charter or fiscal year changed Item 5.03
- Regulation FD disclosure Item 7.01
- Material agreement signed Item 1.01
- Unregistered share sale Item 3.02
- Material agreement signed Item 1.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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