Fortune Valley Treasures, Inc. (FVTI)

USD 1.36

(0.0%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 4.23 Million 9.23 Million 8.02 Million 5 Million 275.21 Thousand 95.84 Thousand
Cost of Revenue 2.25 Million 4.59 Million 3.65 Million 1.67 Million 216.22 Thousand 46.49 Thousand
Gross Profit 1.98 Million 4.64 Million 4.36 Million 3.33 Million 58.99 Thousand 49.35 Thousand
Operating Expenses 6.13 Million 4.74 Million 2.18 Million 892.34 Thousand 439.34 Thousand 315.43 Thousand
Selling, General and Administrative Expenses 5.69 Million 4.74 Million 2.18 Million 896.69 Thousand 439.34 Thousand 315.43 Thousand
Research and Development Expenses - - - - - -
Other Expenses - 10.55 Thousand 52.02 Thousand -4352.00 2474.00 1442.00
Cost and Expenses 7.94 Million 9.34 Million 5.84 Million 2.56 Million 655.56 Thousand 361.93 Thousand
Operating Income -3.71 Million -95.49 Thousand 2.17 Million 2.26 Million -380.34 Thousand -266.08 Thousand
Interest Expense 38.38 Thousand 31.44 Thousand 17.81 Thousand 14.32 Thousand 11.00 699.00
Income Tax Expense 96.44 Thousand 186.48 Thousand 248.83 Thousand 306.92 Thousand 82.00 -2814.00
Earnings before Tax -4.17 Million -1.97 Million 2.21 Million -3.34 Million -377.67 Thousand -265.23 Thousand
Net Income -4.04 Million -2.15 Million 1.77 Million -3.64 Million -377.75 Thousand -262.42 Thousand
Earnings Per Share Basic -0.26 -0.14 0.11 -0.24 -0.02 -0.02
Earnings Per Share Diluted -0.26 -0.14 0.11 -0.24 -0.02 -0.02
Weighted Average Shares Outstanding 15.65 Million 15.65 Million 15.65 Million 15.39 Million 15.38 Million 15.38 Million
Weighted Average Shares Outstanding (Diluted) 15.65 Million 15.65 Million 15.65 Million 15.39 Million 15.38 Million 15.38 Million
Gross Margin 0.47 0.50 0.54 0.67 0.21 0.51
EBIT Margin -0.92 0.08 0.39 0.51 -1.31 -2.72
Profit Margin -0.96 -0.23 0.22 -0.73 -1.37 -2.74
EBITDA -3.89 Million -913.55 Thousand 3.21 Million -2.89 Million -376.59 Thousand -260.61 Thousand
Earnings Before Tax Margin -0.88 -0.01 0.27 0.45 -1.38 -2.78

Income Statement Charts