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Future FinTech Group NasdaqCM:FTFT Stock Report

Last Price

US$1.00

Market Cap

US$19.8m

7D

-2.0%

1Y

-5.7%

Updated

28 Mar, 2024

Data

Company Financials

Future FinTech Group Inc.

NasdaqCM:FTFT Stock Report

Market Cap: US$19.8m

FTFT Stock Overview

Future FinTech Group Inc., through its subsidiaries, operates online shopping platforms in People’s Republic of China.

FTFT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Future FinTech Group Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Future FinTech Group
Historical stock prices
Current Share PriceUS$1.00
52 Week HighUS$2.60
52 Week LowUS$0.68
Beta1.01
1 Month Change-13.04%
3 Month Change-45.36%
1 Year Change-5.66%
3 Year Change-96.38%
5 Year Change-73.34%
Change since IPO-99.32%

Recent News & Updates

Market Still Lacking Some Conviction On Future FinTech Group Inc. (NASDAQ:FTFT)

Feb 14
Market Still Lacking Some Conviction On Future FinTech Group Inc. (NASDAQ:FTFT)

Recent updates

Market Still Lacking Some Conviction On Future FinTech Group Inc. (NASDAQ:FTFT)

Feb 14
Market Still Lacking Some Conviction On Future FinTech Group Inc. (NASDAQ:FTFT)

Why Investors Shouldn't Be Surprised By Future FinTech Group Inc.'s (NASDAQ:FTFT) Low P/S

Apr 17
Why Investors Shouldn't Be Surprised By Future FinTech Group Inc.'s (NASDAQ:FTFT) Low P/S

FTFT signs MOU to acquire Alpha International Securities

Sep 08

Future Fintech receives approval from UK Regulator to acquire Khyber Money Exchange

Aug 19

Does Future FinTech Group (NASDAQ:FTFT) Have A Healthy Balance Sheet?

Aug 16
Does Future FinTech Group (NASDAQ:FTFT) Have A Healthy Balance Sheet?

We Think Future FinTech Group (NASDAQ:FTFT) Can Afford To Drive Business Growth

Mar 08
We Think Future FinTech Group (NASDAQ:FTFT) Can Afford To Drive Business Growth

We're Not Very Worried About Future FinTech Group's (NASDAQ:FTFT) Cash Burn Rate

Nov 20
We're Not Very Worried About Future FinTech Group's (NASDAQ:FTFT) Cash Burn Rate

Exela Technologies and EMCORE among tech gainers; Fintech Group and 9F among losers

Jun 21

Could The Future FinTech Group Inc. (NASDAQ:FTFT) Ownership Structure Tell Us Something Useful?

Feb 02
Could The Future FinTech Group Inc. (NASDAQ:FTFT) Ownership Structure Tell Us Something Useful?

Future FinTech Group Inc.: A Blockchain Revolution

Jan 13

Future FinTech's mBTC System and Technology enables bitcoin as an online payment method

Jan 11

Future FinTech rallies on acceptance of blockchain tech related software copyrights

Jan 07

Future Fintech inks acquisition term sheet with Blocknance Finance

Jan 04

Future FinTech announces $8M direct offering, stock -13% PM

Dec 24

Future FinTech appointed Ming Yi as chief financial officer

Dec 02

Future FinTech appoints Yang Liu as COO

Nov 18

Shareholder Returns

FTFTUS Diversified FinancialUS Market
7D-2.0%-0.7%0.4%
1Y-5.7%32.0%28.8%

Return vs Industry: FTFT underperformed the US Diversified Financial industry which returned 32% over the past year.

Return vs Market: FTFT underperformed the US Market which returned 28.8% over the past year.

Price Volatility

Is FTFT's price volatile compared to industry and market?
FTFT volatility
FTFT Average Weekly Movement16.0%
Diversified Financial Industry Average Movement5.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: FTFT's share price has been volatile over the past 3 months.

Volatility Over Time: FTFT's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a93Shawn Huanghttps://www.ftft.com

Future FinTech Group Inc., through its subsidiaries, operates online shopping platforms in People’s Republic of China. It operates in four segments: Shared Shopping Mall Membership Fee, Fruit Related Products, Sales of Goods, and Others. The company operates Chain Cloud Mall (CCM), a real-name blockchain based e-commerce platform that integrates blockchain and internet technology; and NONOGIRL, a cross-border e-commerce platform.

Future FinTech Group Inc. Fundamentals Summary

How do Future FinTech Group's earnings and revenue compare to its market cap?
FTFT fundamental statistics
Market capUS$19.79m
Earnings (TTM)-US$11.62m
Revenue (TTM)US$31.99m

0.6x

P/S Ratio

-1.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FTFT income statement (TTM)
RevenueUS$31.99m
Cost of RevenueUS$27.40m
Gross ProfitUS$4.60m
Other ExpensesUS$16.22m
Earnings-US$11.62m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.58
Gross Margin14.37%
Net Profit Margin-36.33%
Debt/Equity Ratio1.2%

How did FTFT perform over the long term?

See historical performance and comparison
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