Future Fin Tech Group Inc. - Understand $ftft stock

$FTFT Market Cap: $8.504 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$18.41M

TTM

Gross Margin

32.91%

TTM

Net Earnings

-$37.56M

TTM

Current Assets

$45.14M

Q3 2024

Current Liabilities

$16.85M

Q3 2024

Current Ratio

267.94%

Q3 2024

Total Assets

$53.40M

Q3 2024

Total Liabilities

$17.65M

Q3 2024

Book Value

$35.75M

Q3 2024

Cash

$6.519M

Q3 2024

P/E

-0.2264

Nov 29, 2024 EST

Free Cash Flow

-$24.12M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$34.87M	$23.88M	$25.05M	$400.0K	$900.0K	$900.0K	$10.50M	$34.40M	$86.40M	$99.10M	$79.00M	$102.4M	$84.00M	$93.20M	$59.20M	$41.60M	$0.00	$0.00	$5.100M
YoY Change	46.0%	-4.67%	6162.7%	-55.56%	0.0%	-91.43%	-69.48%	-60.19%	-12.82%	25.44%	-22.85%	21.9%	-9.87%	57.43%	42.31%			-100.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$34.87M	$23.88M	$25.05M	$400.0K	$900.0K	$900.0K	$10.50M	$34.40M	$86.40M	$99.10M	$79.00M	$102.4M	$84.00M	$93.20M	$59.20M	$41.60M	$0.00	$0.00	$5.100M
Cost Of Revenue	$29.98M	$18.49M	$23.25M	$0.00	$500.0K	$1.000M	$8.700M	$25.20M	$60.30M	$69.80M	$51.40M	$69.30M	$56.50M	$55.20M	$33.90M	$23.60M	$0.00	$0.00	$2.900M
Gross Profit	$4.888M	$5.395M	$1.802M	$300.0K	$400.0K	-$100.0K	$1.700M	$9.200M	$26.10M	$29.30M	$27.60M	$33.10M	$27.50M	$38.00M	$25.40M	$18.00M	$0.00	$0.00	$2.200M
Gross Profit Margin	14.02%	22.59%	7.19%	75.0%	44.44%	-11.11%	16.19%	26.74%	30.21%	29.57%	34.94%	32.32%	32.74%	40.77%	42.91%	43.27%			43.14%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Selling, General & Admin	$14.48M	$185.2K	$13.47M	$13.60M	$8.000M	$9.200M	$9.100M	$3.300M	$12.80M	$10.40M	$8.200M	$6.900M	$7.400M	$4.900M	$3.400M	$4.300M	$300.0K	$200.0K	$2.300M
YoY Change	7718.24%	-98.63%	-0.93%	70.0%	-13.04%	1.1%	175.76%	-74.22%	23.08%	26.83%	18.84%	-6.76%	51.02%	44.12%	-20.93%	1333.33%	50.0%	-91.3%
% of Gross Profit	296.16%	3.43%	747.73%	4533.33%	2000.0%		535.29%	35.87%	49.04%	35.49%	29.71%	20.85%	26.91%	12.89%	13.39%	23.89%			104.55%
Research & Development	$343.0K	$2.672M	$698.1K							$0.00	$0.00	$600.0K	$600.0K	$1.100M	$1.100M	$400.0K
YoY Change	-87.16%	282.71%									-100.0%	0.0%	-45.45%	0.0%	175.0%
% of Gross Profit	7.02%	49.52%	38.74%							0.0%	0.0%	1.81%	2.18%	2.89%	4.33%	2.22%
Depreciation & Amortization	$330.2K	$185.2K	$62.90K	$100.0K	$0.00	$2.900M	$700.0K	$5.400M	$7.600M	$5.600M	$5.200M	$4.600M	$3.600M	$2.400M	$2.000M	$1.900M	$0.00	$0.00	$100.0K
YoY Change	78.31%	194.36%	-37.1%		-100.0%	314.29%	-87.04%	-28.95%	35.71%	7.69%	13.04%	27.78%	50.0%	20.0%	5.26%			-100.0%
% of Gross Profit	6.75%	3.43%	3.49%	33.33%	0.0%		41.18%	58.7%	29.12%	19.11%	18.84%	13.9%	13.09%	6.32%	7.87%	10.56%			4.55%
Operating Expenses	$15.15M	$22.51M	$14.23M	$0.00	$8.000M	$12.10M	$11.20M	$7.000M	$15.90M	$11.80M	$9.400M	$7.800M	$8.500M	$6.200M	$4.400M	$4.700M	$300.0K	$200.0K	$2.300M
YoY Change	-32.7%	58.19%		-100.0%	-33.88%	8.04%	60.0%	-55.97%	34.75%	25.53%	20.51%	-8.24%	37.1%	40.91%	-6.38%	1466.67%	50.0%	-91.3%
Operating Profit	-$10.26M	-$17.11M	-$12.43M	$300.0K	-$7.600M	-$12.20M	-$9.500M	$2.200M	$10.20M	$17.50M	$18.20M	$25.30M	$19.00M	$31.80M	$21.00M	$13.30M	-$300.0K	-$200.0K	-$100.0K
YoY Change	-40.04%	37.71%	-4242.29%	-103.95%	-37.7%	28.42%	-531.82%	-78.43%	-41.71%	-3.85%	-28.06%	33.16%	-40.25%	51.43%	57.89%	-4533.33%	50.0%	100.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Interest Expense	$1.344M	$1.300M	$262.5K	-$200.0K	-$500.0K	-$1.600M	-$3.100M	-$1.500M	-$3.500M	-$3.900M	-$1.700M	-$600.0K	-$600.0K	-$2.800M	-$1.400M	-$900.0K	-$700.0K	-$800.0K	-$600.0K
YoY Change	3.41%	395.2%	-231.23%	-60.0%	-68.75%	-48.39%	106.67%	-57.14%	-10.26%	129.41%	183.33%	0.0%	-78.57%	100.0%	55.56%	28.57%	-12.5%	33.33%
% of Operating Profit				-66.67%				-68.18%	-34.31%	-22.29%	-9.34%	-2.37%	-3.16%	-8.81%	-6.67%	-6.77%
Other Income/Expense, Net	-$11.32M	$3.314M	$1.203M	$0.00	-$300.0K	$2.400M	$100.0K	$200.0K	$1.200M	-$600.0K	$1.300M	$1.900M	$700.0K	$2.400M	$2.900M	$700.0K	-$2.000M	-$500.0K	-$400.0K
YoY Change	-441.59%	175.63%		-100.0%	-112.5%	2300.0%	-50.0%	-83.33%	-300.0%	-146.15%	-31.58%	171.43%	-70.83%	-17.24%	314.29%	-135.0%	300.0%	25.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Pretax Income	-$34.40M	-$13.80M	-$11.74M	-$30.00M	-$11.10M	-$189.8M	-$102.0M	$1.000M	$7.900M	$13.00M	$17.80M	$26.10M	$19.20M	$31.50M	$22.40M	$12.90M	-$3.100M	-$1.500M	-$1.100M
YoY Change	149.29%	17.5%	-60.85%	170.27%	-94.15%	86.08%	-10300.0%	-87.34%	-39.23%	-26.97%	-31.8%	35.94%	-39.05%	40.63%	73.64%	-516.13%	106.67%	36.36%
Income Tax	$2.550K	$60.50K	$73.40K		$0.00	$0.00	$300.0K	$1.600M	$4.300M	$4.300M	$4.600M	$6.900M	$5.100M	$8.500M	$6.000M	$2.200M	$0.00	$0.00	$0.00
% Of Pretax Income								160.0%	54.43%	33.08%	25.84%	26.44%	26.56%	26.98%	26.79%	17.05%
Net Earnings	-$33.65M	$20.44K	-$13.59M	$88.90M	-$25.20M	-$170.0M	-$102.6M	-$5.300M	$2.900M	$7.900M	$12.20M	$18.20M	$13.20M	$21.20M	$15.20M	$10.00M	-$3.200M	-$1.500M	-$1.200M
YoY Change	-164743.98%	-100.15%	-115.29%	-452.78%	-85.18%	65.69%	1835.85%	-282.76%	-63.29%	-35.25%	-32.97%	37.88%	-37.74%	39.47%	52.0%	-412.5%	113.33%	25.0%
Net Earnings / Revenue	-96.52%	0.09%	-54.27%	22225.0%	-2800.0%	-18888.89%	-977.14%	-15.41%	3.36%	7.97%	15.44%	17.77%	15.71%	22.75%	25.68%	24.04%			-23.53%
Basic Earnings Per Share	-$2.28	-$0.95
Diluted Earnings Per Share	-$2.28	-$0.95	-$208.1K	$2.333M	-$787.5K	-$7.870M	-$20.94M	-$1.359M	$852.9K	$2.394M	$3.697M	$5.515M	$4.000M	$7.310M	$4.343M	$2.941M	-$1.143M	-$535.7K	-$428.6K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Cash & Short-Term Investments	$19.99M	$27.13M	$52.46M	$9.800M	$200.0K	$300.0K	$4.600M	$1.100M	$50.00M	$25.10M	$66.90M	$77.60M	$61.20M	$49.40M	$14.40M	$15.30M	$0.00	$100.0K	$100.0K
YoY Change	-26.32%	-48.28%	435.36%	4800.0%	-33.33%	-93.48%	318.18%	-97.8%	99.2%	-62.48%	-13.79%	26.8%	23.89%	243.06%	-5.88%		-100.0%	0.0%
Cash & Equivalents	$19.03M	$26.15M	$50.27M	$9.800M	$200.0K	$300.0K	$4.600M	$1.100M	$50.00M	$25.10M	$66.90M	$77.60M	$61.20M	$49.40M	$14.40M	$15.30M
Short-Term Investments	$959.0K	$988.1K	$2.191M	$0.00
Other Short-Term Assets	$3.838M	$8.260M	$2.928M	$300.0K	$100.1M	$0.00	$1.400M	$61.70M	$9.200M	$8.400M	$9.100M	$200.0K	$600.0K	$500.0K	$1.500M	$1.100M	$0.00	$0.00	$0.00
YoY Change	-53.54%	182.11%	875.95%	-99.7%		-100.0%	-97.73%	570.65%	9.52%	-7.69%	4450.0%	-66.67%	20.0%	-66.67%	36.36%
Inventory					$0.00	$100.0K	$2.100M	$3.000M	$3.400M	$4.100M	$4.400M	$7.300M	$6.100M	$5.400M	$4.900M	$1.800M	$0.00	$400.0K	$200.0K
Prepaid Expenses
Receivables	$5.718M	$7.850M	$9.363M	$0.00	$0.00	$100.0K	$17.20M	$7.300M	$50.10M	$66.60M	$34.20M	$49.40M	$36.00M	$46.00M	$27.40M	$11.60M	$100.0K	$600.0K	$1.100M
Other Receivables	$24.94M	$21.81M	$7.965M	$100.0K	$0.00	$23.70M	$36.70M	$28.40M	$200.0K	$300.0K	$600.0K	$200.0K	$200.0K	$1.300M	$200.0K	$300.0K	$0.00	$100.0K	$0.00
Total Short-Term Assets	$54.49M	$65.05M	$72.72M	$15.50M	$100.3M	$24.20M	$62.10M	$101.6M	$113.0M	$104.6M	$115.1M	$134.6M	$104.0M	$102.6M	$48.50M	$30.10M	$100.0K	$1.200M	$1.500M
YoY Change	-16.23%	-10.55%	369.17%	-84.55%	314.46%	-61.03%	-38.88%	-10.09%	8.03%	-9.12%	-14.49%	29.42%	1.36%	111.55%	61.13%	30000.0%	-91.67%	-20.0%
Property, Plant & Equipment	$5.861M	$5.473M	$3.276M	$300.0K	$0.00	$2.300M	$28.10M	$81.50M	$82.90M	$96.30M	$61.90M	$52.30M	$44.30M	$36.30M	$23.90M	$20.40M	$0.00	$400.0K	$400.0K
YoY Change	7.09%	67.06%	992.07%		-100.0%	-91.81%	-65.52%	-1.69%	-13.91%	55.57%	18.36%	18.06%	22.04%	51.88%	17.16%		-100.0%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments					$12.30M	$15.00M	$67.50M	$43.90M	$45.30M	$68.90M	$49.60M	$1.800M	$5.300M	$1.700M	$4.700M	$2.400M	$0.00	$0.00	$0.00
YoY Change					-18.0%	-77.78%	53.76%	-3.09%	-34.25%	38.91%	2655.56%	-66.04%	211.76%	-63.83%	95.83%
Other Assets						$0.00		$2.800M	$3.000M	$3.200M
YoY Change								-6.67%	-6.25%
Total Long-Term Assets	$6.450M	$19.97M	$18.94M	$400.0K	$15.70M	$38.70M	$128.7M	$160.1M	$157.4M	$174.8M	$118.0M	$60.60M	$56.30M	$44.60M	$35.20M	$29.20M	$0.00	$500.0K	$400.0K
YoY Change	-67.7%	5.45%	4634.01%	-97.45%	-59.43%	-69.93%	-19.61%	1.72%	-9.95%	48.14%	94.72%	7.64%	26.23%	26.7%	20.55%		-100.0%	25.0%
Total Assets	$60.94M	$85.02M	$91.66M	$15.90M	$116.0M	$62.90M	$190.8M	$261.7M	$270.4M	$279.4M	$233.1M	$195.2M	$160.3M	$147.2M	$83.70M	$59.30M	$100.0K	$1.700M	$1.900M
YoY Change
Accounts Payable	$3.320M	$3.604M	$80.00	$300.0K	$200.0K	$11.10M	$11.30M	$16.60M	$18.30M	$18.40M	$3.600M	$14.40M	$3.000M	$3.400M	$2.700M	$700.0K	$500.0K	$1.200M	$1.500M
YoY Change	-7.87%	4504375.0%	-99.97%	50.0%	-98.2%	-1.77%	-31.93%	-9.29%	-0.54%	411.11%	-75.0%	380.0%	-11.76%	25.93%	285.71%	40.0%	-58.33%	-20.0%
Accrued Expenses	$3.621M	$2.509M	$1.412M	$2.500M	$1.100M	$99.10M	$99.90M	$27.40M	$17.40M	$10.10M	$4.000M	$2.100M	$4.700M	$4.900M	$4.400M	$1.900M	$500.0K	$600.0K	$700.0K
YoY Change	44.31%	77.74%	-43.53%	127.27%	-98.89%	-0.8%	264.6%	57.47%	72.28%	152.5%	90.48%	-55.32%	-4.08%	11.36%	131.58%	280.0%	-16.67%	-14.29%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$3.590M	$1.020M	$1.600M	$1.000M	$5.800M	$6.100M	$29.40M	$33.50M	$36.40M	$33.50M	$11.70M	$6.700M	$10.70M	$5.400M	$11.30M	$2.700M	$1.100M	$500.0K
YoY Change	-100.0%	252.09%	-36.28%	60.0%	-82.76%	-4.92%	-79.25%	-12.24%	-7.97%	8.66%	186.32%	74.63%	-37.38%	98.15%	-52.21%	318.52%	145.45%	120.0%
Long-Term Debt Due	$1.101M								$0.00	$3.000M							$0.00	$0.00	$0.00
YoY Change									-100.0%
Total Short-Term Liabilities	$17.73M	$18.57M	$7.231M	$5.200M	$203.2M	$117.2M	$118.0M	$77.00M	$70.70M	$69.80M	$43.20M	$31.80M	$16.50M	$24.00M	$19.50M	$16.70M	$3.800M	$3.200M	$2.900M
YoY Change	-4.54%	156.84%	39.05%	-97.44%	73.38%	-0.68%	53.25%	8.91%	1.29%	61.57%	35.85%	92.73%	-31.25%	23.08%	16.77%	339.47%	18.75%	10.34%
Long-Term Debt	$0.00	$0.00	$188.2K	$0.00	$0.00	$32.50M	$39.80M	$14.50M	$16.70M	$23.60M	$8.000M	$0.00	$0.00	$0.00	$0.00	$0.00	$500.0K	$200.0K	$100.0K
YoY Change		-100.0%			-100.0%	-18.34%	174.48%	-13.17%	-29.24%	195.0%						-100.0%	150.0%	100.0%
Other Long-Term Liabilities	$797.3K	$761.0K	$3.384M	$2.000M	$900.0K
YoY Change	4.78%	-77.51%	69.2%	122.22%
Total Long-Term Liabilities	$797.3K	$761.0K	$3.572M	$2.000M	$900.0K	$32.50M	$39.80M	$14.50M	$16.70M	$23.60M	$8.000M	$0.00	$0.00	$0.00	$0.00	$0.00	$500.0K	$200.0K	$100.0K
YoY Change	4.78%	-78.7%	78.61%	122.22%	-97.23%	-18.34%	174.48%	-13.17%	-29.24%	195.0%						-100.0%	150.0%	100.0%
Total Liabilities	$16.96M	$18.05M	$10.21M	$7.200M	$208.4M	$154.2M	$178.1M	$126.6M	$92.30M	$98.00M	$59.60M	$38.70M	$22.40M	$28.70M	$22.20M	$18.20M	$4.200M	$3.400M	$3.000M
YoY Change	-6.07%	76.77%	41.84%	-96.55%	35.15%	-13.42%	40.68%	37.16%	-5.82%	64.43%	54.01%	72.77%	-21.95%	29.28%	21.98%	333.33%	23.53%	13.33%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	14.75M shares	14.32M shares	13.09M shares
Diluted Shares Outstanding	14.79M shares	14.53M shares	13.65M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $8.5044 Million

About Future FinTech Group Inc.

Future FinTech Group, Inc. is a holding company, which engages in the operation of a real name blockchain based e-commerce platform. The company is headquartered in New York City, New York and currently employs 66 full-time employees. The company went IPO on 2009-03-12. The main business of the Company includes supply chain financing services and trading in China, asset management business in Hong Kong and cross-border money transfer service in the United Kingdom. The firm also provides a brokerage and investment banking business in Hong Kong and cryptocurrency mining farm in the United States. Its supply chain financing service and trading business includes coal, aluminum ingots, sand and steel supply chain financing service and trading business. Its asset management services include equity investment, debt investment, precious metals and currency investment, derivative investment and external asset management services (EAM). The firm's subsidiaries include DigiPay FinTech Limited, Future FinTech (Hong Kong) Limited, GlobalKey Shared Mall Limited, Tianjin Future Private Equity Fund Management Partnership, Future Fintech Digital Capital Management, LLC and Future Fintech Digital Number One GP, LLC.

Industry: Services-Business Services, NEC Peers: AMAZON COM INC Polished.com Inc. Boxed, Inc. Hour Loop, Inc REMARK HOLDINGS, INC. GIFTIFY, INC. iPower Inc. Waitr Holdings Inc. ID Auto, Inc. TheRealReal, Inc.