FVTIOTCRetail-Miscellaneous RetailFiscal year ends December 31

Fortune Valley Treasures, Inc.

Financials through Q2 FY2024, quarter ended Jun 30, 2024Last filing: 10-Q on Aug 14, 2024

$0.06+0.00 (0.00%)

Close on Oct 19, 2026

Market cap: $981.57K
P/E (TTM): –
Dividend yield: –

Fortune Valley Treasures, Inc. income statement

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2016 2016-08-31	FY 2015 2015-08-31
Revenue	0.09	0.24	8.02	0.84	0.28	0.10	–	0
Cost of Revenue	2.26	4.59	3.66	1.67	0.22	0.05	–	–
Gross Profit	1.98	4.64	4.36	3.33	0.06	0.05	–	–
Selling, General & Admin	5.69	4.75	2.18	0.90	–	–	–	–
Selling & Marketing	0.06	0.06	0.09	0.02	–	–	–	–
General & Administrative	5.64	4.69	2.10	0.87	0.44	0.32	0.05	0.05
Advertising Expenses	–	–	–	–	0	0	–	–
Operating Expenses	–	–	–	–	–	–	0.05	0.05
Operating Income	-4.16	-1.95	2.18	-3.15	-0.38	-0.27	–	–
Interest Expense	0.04	0.03	0.02	0.01	0.00	0.00	–	–
Interest & Investment Income	0.00	0.00	0.00	0.00	0.00	0.00	–	–
Other Non-Operating Income	-0.02	-0.02	0.04	-0.19	0.00	0.00	–	–
Asset Impairment Charges	0.44	0.86	–	5.59	–	–	–	–
Pretax Income	-4.17	-1.97	2.21	-3.34	-0.38	-0.27	–	–
Income Tax Expense	0.10	0.19	0.25	0.31	0.00	0.00	–	–
Net Income incl. Noncontrolling Interests	-4.27	-2.16	1.96	-3.65	-0.38	–	–	-0.05
Minority Interest in Earnings	-0.22	-0.21	0.18	-0.39	–	–	–	–
Net Income	-4.05	-1.94	1.78	-3.26	-0.38	-0.26	-0.05	-0.05
EPS (Basic)(per share)	-0.26	-0.12	0.11	-0.21	0.00	0.00	-0.20	-0.20
EPS (Diluted)(per share)	-0.26	-0.12	0.11	-0.21	0.00	0.00	-0.20	-0.20
Shares Outstanding (Basic, Weighted)(shares)	16	16	16	15	15	15	0.39	0.26
Shares Outstanding (Diluted, Weighted)(shares)	16	16	16	15	15	15	0.39	0.26
EBITDA	-3.91	-1.10	3.05	-2.87	-0.38	-0.26	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2024

Profitability, TTM

Gross margin: 43.3%
Operating margin: -472.7%
Net margin: -456.1%
Return on equity, FY2023: -95.1%

Financial strength

Current ratio: 0.88
Debt to equity: 3.56
Debt to assets: 23.1%
Cash to current liabilities: 0.2%

Valuation

P/E ratio: –
Price to sales: 0.84
Price to book: 3.30
Dividend yield: –