FTFT - Future FinTech Group Inc.
NASDAQ
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Technology
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Software—Application
Beijing,
China
Type: Equity
FTFT price evolution
FTFT
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $19.03 | $33.4 | $36.79 | $19.8 |
| Short term investments | $15.85 | $5.88 | $5.97 | $20.22 |
| Net receivables | $15.77 | $9.16 | $8.5 | $9.95 |
| Inventory | ||||
| Total current assets | $54.49 | $50.66 | $71.2 | $65.19 |
| Long term investments | ||||
| Property, plant & equipment | $5.86 | $5.43 | $5.26 | $5.39 |
| Goodwill & intangible assets | $0.59 | $14.45 | $14.47 | $14.48 |
| Total noncurrent assets | $6.45 | $19.88 | $19.73 | $19.87 |
| Total investments | $15.85 | $5.88 | $5.97 | $20.22 |
| Total assets | $60.94 | $70.54 | $90.93 | $85.06 |
| Current liabilities | ||||
| Accounts payable | $3.32 | $0.35 | $0.62 | $1.87 |
| Deferred revenue | ||||
| Short long term debt | $1.6 | $0.99 | $3.76 | $3.94 |
| Total current liabilities | $17.73 | $11.52 | $29.41 | $20.36 |
| Long term debt | $0.8 | $0.51 | $0.59 | $0.68 |
| Total noncurrent liabilities | $0.8 | $0.51 | $0.59 | $0.68 |
| Total debt | $2.4 | $1.5 | $4.34 | $4.62 |
| Total liabilities | $18.53 | $12.03 | $30 | $21.04 |
| Shareholders' equity | ||||
| Retained earnings | -$185.93 | -$158.33 | -$155.92 | -$154.45 |
| Other shareholder equity | -$4.09 | -$4.56 | -$4.59 | -$3.04 |
| Total shareholder equity | $43.98 | $59.97 | $62.35 | $65.37 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $19.03 | $29.74 | $50.27 | $9.79 |
| Short term investments | $15.85 | $20.15 | $8.19 | $5.36 |
| Net receivables | $15.77 | $10.5 | $11.33 | $0.14 |
| Inventory | ||||
| Total current assets | $54.49 | $65.05 | $72.72 | $15.52 |
| Long term investments | ||||
| Property, plant & equipment | $5.86 | $5.47 | $3.28 | $0.31 |
| Goodwill & intangible assets | $0.59 | $14.49 | $15.66 | $0.04 |
| Total noncurrent assets | $6.45 | $19.97 | $18.94 | $0.41 |
| Total investments | $15.85 | $20.15 | $8.19 | $5.36 |
| Total assets | $60.94 | $85.02 | $91.66 | $15.93 |
| Current liabilities | ||||
| Accounts payable | $3.32 | $3.85 | $1.06 | $2.16 |
| Deferred revenue | ||||
| Short long term debt | $1.6 | $3.88 | $1.13 | $1.74 |
| Total current liabilities | $17.73 | $18.57 | $7.23 | $5.18 |
| Long term debt | $0.8 | $0.76 | $0.19 | $0.11 |
| Total noncurrent liabilities | $0.8 | $0.76 | $3.57 | $2.02 |
| Total debt | $2.4 | $4.65 | $1.32 | $1.85 |
| Total liabilities | $18.53 | $19.33 | $10.8 | $7.2 |
| Shareholders' equity | ||||
| Retained earnings | -$185.93 | -$152.28 | -$138.61 | -$124.38 |
| Other shareholder equity | -$4.09 | -$3.62 | -$0.6 | -$0.4 |
| Total shareholder equity | $43.98 | $66.97 | $81.44 | $8.78 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $3.91 | $23.75 | $3.81 | $3.39 |
| Cost of revenue | $2.88 | $22.36 | $2.55 | $2.19 |
| Gross Profit | $1.03 | $1.39 | $1.26 | $1.21 |
| Operating activities | ||||
| Research & development | $0 | $0.02 | $0.12 | $0.21 |
| Selling, general & administrative | $15.99 | $3.94 | $2.67 | $3.61 |
| Total operating expenses | $19.9 | $3.98 | $1.6 | $3.84 |
| Operating income | -$18.87 | -$2.59 | -$0.34 | -$2.63 |
| Income from continuing operations | ||||
| EBIT | -$27.31 | -$2.48 | -$1.57 | -$2.15 |
| Income tax expense | -$0.07 | $0.01 | $0.04 | $0.03 |
| Interest expense | $0 | $0 | ||
| Net income | ||||
| Net income | -$27.24 | -$2.49 | -$1.6 | -$2.18 |
| Income (for common shares) | -$27.24 | -$2.49 | -$1.6 | -$2.18 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $34.87 | $23.88 | $25.05 | $0.37 |
| Cost of revenue | $29.98 | $18.49 | $23.25 | $0.04 |
| Gross Profit | $4.89 | $5.4 | $1.8 | $0.34 |
| Operating activities | ||||
| Research & development | $0.34 | $2.67 | $0.7 | |
| Selling, general & administrative | $26.22 | $18.53 | $8.04 | $4.3 |
| Total operating expenses | $29.31 | $22.51 | $15.01 | $15.35 |
| Operating income | -$24.42 | -$17.11 | -$13.21 | -$15.02 |
| Income from continuing operations | ||||
| EBIT | -$33.65 | -$13.1 | -$14.73 | $89.3 |
| Income tax expense | $0 | $0.52 | $0.07 | |
| Interest expense | $0 | $0.01 | $0.01 | $0.37 |
| Net income | ||||
| Net income | -$33.65 | -$13.63 | -$14.82 | $88.93 |
| Income (for common shares) | -$33.65 | -$13.63 | -$14.82 | $88.93 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$27.24 | -$2.49 | -$1.6 | -$2.18 |
| Operating activities | ||||
| Depreciation | $0.06 | $0.09 | $0.09 | $0.09 |
| Business acquisitions & disposals | $4.67 | |||
| Stock-based compensation | $3.47 | |||
| Total cash flows from operations | -$10.33 | -$0.42 | $4.53 | -$10.44 |
| Investing activities | ||||
| Capital expenditures | -$0.29 | -$0.36 | -$0.06 | -$0.07 |
| Investments | -$9.99 | -$0.64 | $14.54 | $0.22 |
| Total cash flows from investing | -$5.61 | -$1 | $14.48 | $0.16 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | $1.1 | -$2.64 | ||
| Total cash flows from financing | $1.09 | -$2.91 | ||
| Effect of exchange rate | $0.55 | $0.95 | -$2.03 | $0.35 |
| Change in cash and equivalents | -$14.3 | -$3.38 | $16.99 | -$9.94 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$33.65 | -$13.63 | -$14.82 | $88.93 |
| Operating activities | ||||
| Depreciation | $0.33 | $0.25 | $0.06 | $0.14 |
| Business acquisitions & disposals | $4.67 | $0.17 | $0.22 | |
| Stock-based compensation | $3.47 | $2.17 | $6.38 | $7.13 |
| Total cash flows from operations | -$16.65 | -$2.69 | -$17.37 | -$2.27 |
| Investing activities | ||||
| Capital expenditures | -$0.78 | -$0.59 | -$3.17 | -$0 |
| Investments | $4.14 | -$13.2 | -$8.19 | -$5.36 |
| Total cash flows from investing | $8.04 | -$14.19 | -$11.18 | -$5.27 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $69.43 | $10.26 | ||
| Net borrowings | -$1.54 | -$0.19 | -$0.16 | $6.92 |
| Total cash flows from financing | -$1.82 | -$0.25 | $69.27 | $17.18 |
| Effect of exchange rate | -$0.19 | -$3.4 | $0.13 | -$0.03 |
| Change in cash and equivalents | -$10.63 | -$20.54 | $40.85 | $9.6 |
News
Fundamentals
| Market cap | N/A |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | N/A |
| Revenue | $34.87M |
|---|---|
| EBITDA | -$33.17M |
| EBIT | -$33.50M |
| Net Income | -$33.51M |
| Revenue Q/Q | 276.82% |
| Revenue Y/Y | 46.00% |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | N/A |
|---|---|
| ROA | -43.60% |
| ROE | -57.86% |
| Debt/Equity | 0.42 |
|---|---|
| Net debt/EBITDA | 0.02 |
| Current ratio | 3.07 |
| Quick ratio | 3.07 |