Future FinTech Group
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Future FinTech Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 46% to $34,865,553. Profit margin reached -97%. Total operating expenses were $29,309,611.

Profit Margin

Future FinTech Group Inc. (NASDAQ:FTFT): Profit margin
2014 99.06M 7.87M 7.95%
2015 86.44M 2.94M 3.41%
2016 34.40M -5.54M -16.12%
2017 10.46M -102.58M -980.43%
2018 888.67K -169.99M -19129.38%
2019 955.17K -25.52M -2672.14%
2020 370.65K 88.93M 23992.62%
2021 25.05M -11.81M -47.17%
2022 23.88M -14.31M -59.95%
2023 34.86M -33.65M -96.52%

FTFT Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
34.86M23.88M25.05M370.65K955.17K888.67K10.46M34.40M86.44M99.06M
Cost of revenue
29.97M18.48M23.24M35.28K464.30K975.04K8.72M25.23M60.31M69.78M
Gross profit
4.88M5.39M1.80M335.37K490.86K-86.37K1.73M9.17M26.12M29.27M
Operating exp.
Research and development
342.98K2.67M698.11K0000000
Selling and marketing
599.05K808.35K366.07K39.68K500.94K188.57K719.45K1.93M5.19M5.69M
Total operating expenses
29.30M18.41M14.22M13.59M10.64M12.13M10.58M6.92M14.67M12.43M
Operating income
-24.42M-13.02M-12.42M-13.25M-10.15M-190.51M-99.08M2.23M10.24M17.44M
Other income (expenses), net
-9.97M-776.65K683.22K-15.22M-3.52M-175.90M-2.94M220.86K-2.32M-4.48M
Income before tax
-34.39M-13.79M-11.74M-30.01M-13.68M-189.75M-102.03M968.13K7.91M12.96M
Income tax expense
2.55K517.10K73.4K-118.57M11.83M237266.12K1.60M4.26M4.33M
Net income
-33.65M-14.31M-11.81M88.93M-25.52M-169.99M-102.58M-5.54M2.94M7.87M
Earnings per share
Basic EPS
-2.28-1-0.92.33-0.8-7.86-21.11-1.410.882.4
Diluted EPS
-2.28-0.99-0.872.06-0.8-7.74-18.34-1.410.882.4
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