Future FinTech Group Inc. (FTFT)

Nasdaq: FTFT · Services-Business Services, NEC · New York, NY · filing with the SEC since 2001

Grade2.7

◀ Past 0.8● Present 2.0▶ Future 4.4

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 18, 2026	Apr 15, 2025	Apr 16, 2024	Apr 19, 2023	Apr 15, 2022	Apr 15, 2021	Jun 2, 2020	Sep 3, 2019	Apr 16, 2018	Apr 17, 2017
Revenue	3,829,805	2,114,410^r	21,697,205^r	23,881,006	25,050,801	368,726^r	941,117^r	888,670	10,463,135	34,407,422
For lenders
Net interest income	·	·	·	1,311,354	277,270	464^r	3,902	·	·	·
Cost of revenue	3,421,485	876,471^r	20,575,600	·	23,248,936	35,021^r	491,128^r	975,042	8,728,754	25,233,950
Gross profit	408,320	1,237,939^r	1,121,605^r	5,395,446	1,801,865	333,705^r	449,989^r	-86,372	1,734,381	9,173,472
Research and development	·	312,865	340,408^r	2,671,748	698,116	·	·	·	·	·
Selling, general and administrative	·	·	·	185,151	57,563	1,461	·	·	·	·
General and administrative	4,343,383	4,702,662^r	7,243,721^r	14,174,820^r	7,678,422	4,075,221^r	1,730,448^r	11,944,924	10,416,244	5,010,222
Total operating expenses	34,415,442	34,123,538^r	24,713,506^r	22,209,911^r	15,010,449	15,380,261^r	8,033,145^r	190,430,250	100,821,586	6,942,370
Operating income	-34,007,122	-32,885,599^r	-23,591,901^r	-16,814,465^r	-13,208,584	-15,046,556^r	-7,583,156^r	-190,516,623	-99,087,205	2,231,102
Interest expense	128,170	107,732^r	892	·	·	·	7,300,188	·	·	1,659,300
Interest and investment income	61,807	691,257^r	1,314,230^r	1,311,354	·	·	3,995	1,372	1,880	158,730
Share of profit of equity-method investments	·	·	·	-456,598	-73,400	-12,250,000	·	·	·	·
Other income (expense), net	167,758	-1,436,931^r	-10,541,007^r	2,011,044^r	1,202,510	-8,249^r	-255,810^r	2,387,813	-428,611	207,386
Total non-operating income (expense)	3,060,868	-853,406^r	-9,227,669^r	3,322,398^r	1,464,959	-15,229,256^r	-3,526,565^r	764,502	-2,948,229	-1,262,971
Income before income taxes	-30,946,254	-33,739,005^r	-32,819,570^r	-13,492,067	-11,743,625	-30,275,812	-11,109,721^r	-189,752,121	-102,035,434	968,131
Income tax expense	·	·	·	456,598^r	73,400	·	·	237	266,120	1,601,967
Income from continuing operations	-30,946,254	-33,739,005^r	-32,572,778^r	-14,009,169^r	-11,817,025	30,275,812^r	-11,109,721^r	-174,010,421	-87,920,754	-507,388
Income from discontinued operations	28,192,255	559,318^r	-1,188,496^r	-307,195^r	-2,388,900	119,206,123^r	-15,964,524^r	4,013,367	-14,662,946	-4,785,187
Net income including non-controlling interests	-2,753,999	-33,179,687	-34,015,899	-14,316,364	-14,205,925	88,930,311	-27,074,245	-169,997,054	-102,583,700	-5,419,023
Net income to non-controlling interests	·	·	-362,671	-688,819	·	·	·	·	·	126,448
Net income	-4,620,065	-32,955,872	-33,653,228	-13,627,545^r	14,205,925	-88,930,311^r	-27,074,245^r	-169,997,054	-102,583,700	-5,292,575^r
Net income to common shareholders	·	·	·	-14,316,210	·	·	-25,228,932	-169,997,054^r	-14,662,946	-5,545,471
Earnings per share, basic	-2.31	-62.99^r	-91.20^b	-38.00^b	·	·	-152.5833^b	-1,516.1758^b	-4,077.2574^b	-272.3322^b
Earnings per share, diluted	-2.31	-63.00^r	-90.80^rb	-38.00^b	-40.00^rb	450.0241^rb	-154.5147^rb	-1,494.93^b	-3,542.2501^b	-272.3322^b
Earnings per share, basic and diluted	·	·	·	·	·	·	·	·	·	-272.3322^b
Weighted average shares, basic	1,993,406	523,202^r	368,668^b	358,086^b	327,202^rb	197,040^b	165,661^b	112,021^b	25,162^b	20,368^b
Weighted average shares, diluted	1,993,406	524,255^r	369,721^b	363,349^b	341,147^rb	223,397^b	165,661^b	113,732^b	28,952^b	20,368^b
Weighted average shares, basic and diluted	·	·	·	·	·	·	165,661^b	112,021^b	25,162^b	20,368^b

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-40 reverse split.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfRevenue
us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfGoodsSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpenseDebt
us-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keeps

us-gaap:IncomeLossFromContinuingOperations
us-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest

Income from discontinued operations profit or loss from businesses it sold or closed

us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted

SI Assistanton FTFT · research, not advice