Fortune Valley Treasures, Inc. (FVTI)
↓ Download CSV- Sector Retail Trade
- Incorporated NV
- Fiscal year ends Dec 31
In fiscal 2023, Fortune Valley Treasures, Inc. reported revenue of $88.7K, down 62.9% from the prior year. The company ran a net loss, with a net margin of -4563.0% and a gross margin of 2234.1%. It held $6.25M in total assets against $4.26M in total liabilities.
Key ratios (FY2023)
2234.1%
Gross margin
-4686.6%
Operating margin
-4563.0%
Net margin
-190.9%
Return on equity
-62.9%
Revenue growth (YoY)
| Metric (FY) | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $88.7K | $238.8K | $495.3K | $843.8K | — | $95.8K | $261.0K | — | $0 | — |
| Cost of Revenue | $2.26M | $4.59M | $3.66M | $1.67M | $216.2K | $46.5K | $134.7K | — | — | — |
| Gross Profit | $1.98M | $4.64M | $4.36M | $3.33M | $59.0K | $49.4K | $126.2K | — | — | — |
| Operating Income | -$4.16M | -$1.95M | $2.18M | -$3.15M | -$380.3K | -$266.1K | -$184.8K | — | — | — |
| Net Income | -$4.05M | -$1.94M | $1.78M | -$3.26M | -$377.8K | -$262.4K | -$187.5K | -$47.5K | -$45.6K | — |
| EPS (Diluted) | $-0.26 | $-0.12 | $0.11 | — | — | — | — | — | — | — |
| Total Assets | $6.25M | $9.29M | $11.69M | $9.66M | $193.0K | $348.1K | $427.2K | $8.8K | $42.5K | — |
| Total Liabilities | $4.26M | $2.79M | $2.22M | $2.43M | $953.5K | $735.3K | $558.7K | $23.1K | $10.8K | — |
| Shareholders' Equity | $2.12M | $6.39M | $9.06M | $7.04M | -$760.5K | -$387.2K | -$131.5K | $15.5K | $31.7K | $49.8K |
| Cash & Equivalents | $288.3K | $165.7K | $123.2K | $249.8K | $38.1K | $30.0K | $77.8K | — | $42.5K | $50.0K |
| Operating Cash Flow | -$179.2K | $6.9K | -$457.1K | $1.24M | -$173.6K | -$230.4K | -$279.3K | -$42.5K | -$35.0K | — |
| Capital Expenditures | $4.9K | $2.6K | $117.1K | $65.9K | — | — | — | — | — | — |
| Shares Outstanding | 15.66M | 15.66M | 15.66M | 15.66M | 307.75M | 307.75M | 307.75M | 7.75M | 7.75M | 5.00M |