FVTI · Fortune Valley Treasures, Inc. · Financials
Substantial doubt about the company's ability to continue as a going concern.
“We estimate the Company currently has insufficient working capital to support its daily operations for the next twelve months, without raising additional capital. ... If we are unable to generate sufficient profits from operations or obtain additional equity or debt financing as required, there could be substantial uncertainty regarding our ability to continue as a going concern.”View the 10-Q filed Aug 14, 2024
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| -$959.76K | $88.68K | $238.82K | $495.33K | $843.83K | $275.22K | $95.85K | $260.97K | — | $0 | |
| $1.34M | $2.26M | $4.59M | $3.66M | $1.67M | $216.22K | $46.5K | $134.73K | — | — | |
| $502.75K | $1.98M | $4.64M | $4.36M | $3.33M | $59K | $49.35K | $126.25K | — | — | |
| — | 2234.07% | 1943.14% | 880.63% | 394.91% | 21.44% | 51.49% | 48.37% | — | — | |
| $55.96K | $57.42K | $61.05K | $89.42K | $23.19K | — | — | — | — | — | |
| $5.5M | $5.64M | $4.69M | $2.1M | $873.51K | $439.34K | $315.44K | $311.09K | $47.47K | $45.59K | |
| $202.97K | $209.53K | $806.54K | — | $260.21K | $0 | — | — | — | — | |
| $235.59K | $243.87K | $852.88K | $869.41K | $282.8K | $1073 | $3926 | — | — | — | |
| — | — | — | — | — | — | — | $105.94K | $47.47K | $45.59K | |
| -$5.49M | -$4.16M | -$1.95M | $2.18M | -$3.15M | -$380.34K | -$266.09K | -$184.84K | — | — | |
| — | -4686.56% | -816.32% | 439.53% | -373.86% | -138.2% | -277.61% | -70.83% | — | — | |
| -$5.26M | -$3.91M | -$1.1M | $3.05M | -$2.87M | -$379.27K | -$262.16K | — | — | — | |
| $38.68K | $38.39K | $31.44K | $17.82K | $14.33K | $11 | $699 | — | — | — | |
| -$21.83K | -$18.53K | -$20.63K | $35.19K | -$185.72K | $2669 | $847 | $177 | — | — | |
| -$5.52M | -$4.17M | -$1.97M | $2.21M | -$3.34M | -$377.67K | -$265.24K | -$184.66K | — | — | |
| $352 | $96.45K | $186.48K | $248.84K | $306.93K | -$82 | $2814 | $2833 | — | — | |
| -$5.3M | -$4.05M | -$1.94M | $1.78M | -$3.26M | -$377.76K | -$262.42K | -$187.5K | -$47.47K | -$45.59K | |
| — | -4562.96% | -813.45% | 359.3% | -385.81% | -137.26% | -273.79% | -71.84% | — | — | |
| -$216.02K | -$224.58K | -$213.96K | $183.73K | -$391.79K | — | — | — | — | — | |
| -$5.28M | -$4.27M | -$2.67M | $2.02M | -$2.97M | -$373.28K | -$255.75K | -$187.99K | — | — | |
| USD/shares | -$0.34 | -$0.26 | -$0.12 | $0.11 | — | — | — | — | — | — |
| USD/shares | -$0.34 | -$0.26 | -$0.12 | — | — | — | — | — | — | — |
| shares | — | 15.66M | 15.66M | 15.66M | 15.39M | 15.39M | 15.39M | 15.39M | 387.5K | 258.87K |
| shares | — | 15.66M | 15.66M | 15.66M | 15.39M | 15.39M | 15.39M | 15.39M | 387.5K | 258.87K |
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Long-term debt, including current maturities | 2024-06-30 | USD 638,664 | 10-Q filed 2024-08-14 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Operating lease liabilities | 2024-06-30 | USD 211,853 | 10-Q filed 2024-08-14 |
| Short-term borrowings | 2024-06-30 | USD 420,636 | 10-Q filed 2024-08-14 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Product & Service (USD)
| Component | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Sales of Liquor | $2,594,630 | $3,875,500 | $3,098,070 | — |
| Sales of Water | $883,179 | $3,743,146 | $3,653,171 | $1,297,554 |
| Sales of Water Purifier | $552,973 | $1,197,942 | $673,536 | — |
| Others | $205,783 | $417,491 | $597,046 | $510,194 |
| Sales of Oil | — | — | — | $493,284 |
| Sales of Wine | — | — | — | $2,704,662 |