For the quarter ending 2025-09-30, FTFT made $3,713,699 in revenue. -$1,965,312 in net income. Net profit margin of -52.92%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Research and development expenses | - | 0 | 1,579,193 | 655 |
| Impairment loss | - | 0 | - | - |
| General and administrative expenses | 1,324,770 | 853,899 | - | 3,319,583 |
| Selling expenses | 240,805 | 249,048 | 191,630 | 120,929 |
| Allowance for credit losses/doubtful accounts | 654,222 | 393,082 | 28,369,484 | 3,382,819 |
| Stock-based compensation | 0 | 0 | 1,085,000 | - |
| Total operating expenses | 2,219,797 | 1,496,029 | 31,225,307 | 6,823,986 |
| Cost of revenues | 1,202,296 | - | 474,359 | 3,661,410 |
| Revenue | 1,324,633 | 605,282 | 552,977 | 5,175,454 |
| Cost of revenues-Cost Of Revenues Third Party | - | 418,510 | - | - |
| Cost of revenues-Cost Of Revenues Related Party | 0 | 0 | - | - |
| Gross profit | 122,337 | 186,772 | 78,618 | 1,514,044 |
| Loss from operations | -2,097,460 | -1,309,257 | -31,146,689 | -5,309,942 |
| Interest income | 121,202 | 115,476 | 125,304 | 253,388 |
| Interest expenses | 34,196 | 7,241 | 7,801 | 45,266 |
| Amortization of debt issuance costs | 2,925 | - | - | - |
| Other income(expenses) net | 48,067 | -19,025 | 83,782 | 170,279 |
| Gain on debt restructuring | 0 | 3,071,827 | - | - |
| Total other income (expenses) | 132,148 | 3,161,037 | 201,285 | 378,401 |
| Loss from continuing operations before income tax | -1,965,312 | 1,851,780 | -30,945,404 | -4,931,541 |
| Income tax provision | 0 | 0 | 0 | - |
| Deferred income tax | 0 | 0 | - | - |
| Loss from continuing operations | -1,965,312 | 1,851,780 | -30,945,404 | -4,931,541 |
| Income (loss) from discontinued operations, net of tax, attributable to parent | - | - | - | -844 |
| Comprehensive loss discontinued operation | - | - | - | -844 |
| Loss from discontinued operations | 0 | 0 | - | - |
| Discontinued operation, gain (loss) on disposal of discontinued operation, net of tax | - | - | - | -844 |
| Gain (loss) on disposal of discontinued operations | 0 | 0 | 28,238,122 | - |
| Net loss | -1,965,312 | 1,851,780 | -2,707,282 | -4,932,385 |
| Less net loss attributable to non-controlling interests of continued operations | 0 | 0 | - | - |
| Net income (loss) attributable to noncontrolling interest | - | - | - | -53,666 |
| Comprehensive income (loss) attributable to non-controlling interests of discontinue | 0 | 0 | 1,866,066 | - |
| Net loss attibutable to future fintech group, inc | -1,965,312 | 1,851,780 | -4,573,348 | -4,878,719 |
| Basic (in shares) | 5,902,698 | 3,046,639 | 2,447,084 | 20,131,953 |
| Diluted (in shares) | 5,906,909 | 3,050,850 | 2,451,295 | 20,174,061 |
| Diluted earnings (loss) per share (in dollars per share) | -0.33 | 0.61 | -1.89 | -0.24 |
| Earnings (loss) per share (in dollars per share) | -0.33 | 0.61 | -1.87 | -0.24 |
Future FinTech Group Inc. (FTFT)
Future FinTech Group Inc. (FTFT)