FTFT · XBRL financial data
Future FinTech Group financial statements, every fiscal year
The same tables from 8 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (FTFT's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 371 | 25,051 | 23,881 | 34,866 | 2,158 | 3,830 |
| Cost of revenue | — | — | — | 20,576 | 886 | 3,421 |
| Cost of goods and services sold | 35 | 23,249 | — | — | — | — |
| Gross profit | 335 | 1,802 | 5,395 | 4,888 | 1,272 | 408 |
| Research and development | — | 698 | 2,672 | 343 | 313 | — |
| Selling, general and administrative | 1 | 58 | 185 | — | — | — |
| General and administrative | 4,258 | 7,678 | 14,474 | 11,456 | 6,213 | 4,343 |
| Total operating expenses | 15,353 | 15,010 | 22,509 | 29,310 | 35,183 | 34,415 |
| Operating income (loss) | (15,018) | (13,209) | (17,114) | (24,422) | (33,911) | (34,007) |
| Interest income | — | — | 1,311 | 1,345 | 1,106 | 62 |
| Interest expense | — | — | — | 1 | 108 | 128 |
| Other income (expense) | 1 | 1,203 | 2,015 | (11,322) | (1,320) | 168 |
| Income tax expense (benefit) | — | 73 | 61 | — | — | — |
| Net income (loss) | 88,930 | 14,206 | 20 | (33,653) | (32,956) | (4,620) |
| Earnings per share, basic USD per share | — | — | (0.95) | (2.28) | (1.57) | (2.31) |
| Earnings per share, diluted USD per share | 2.34 | (0.21) | (0.95) | (2.28) | (1.57) | (2.31) |
| Weighted average shares, basic thousands of shares | 38,057 | 65,326 | 14,323 | 14,747 | 20,928 | 1,993 |
| Weighted average shares, diluted thousands of shares | 43,148 | 65,884 | 14,534 | 14,789 | 20,970 | 1,993 |
Balance sheet
CSVFiscal years (FTFT's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 9,788 | 50,274 | 29,735 | 19,016 | 4,765 | 2,397 |
| Short-term investments | — | 2,191 | 988 | 959 | 1 | 1 |
| Accounts receivable | — | 9,102 | 7,797 | 5,706 | 2,089 | 605 |
| Inventory | — | 73 | 518 | — | — | — |
| Prepaid and other current assets | — | — | — | 3,438 | 4,974 | 3,781 |
| Total current assets | 15,520 | 72,721 | 65,050 | 54,490 | 20,717 | 50,760 |
| Property and equipment, net | 17 | 3,163 | 4,417 | 4,579 | 2,599 | 150 |
| Right-of-use asset | 291 | 113 | 1,056 | 1,282 | 524 | 204 |
| Goodwill | — | 15,584 | 13,976 | — | — | — |
| Total assets | 15,932 | 91,657 | 85,018 | 60,941 | 25,903 | 53,287 |
| Accounts payable | 250 | 0 | 3,604 | 3,320 | 2,219 | 3,262 |
| Accrued liabilities | 2,300 | 1,299 | 2,214 | — | — | — |
| Total current liabilities | 5,184 | 7,231 | 18,571 | 17,728 | 13,113 | 8,210 |
| Lease liability, non-current | 111 | — | 761 | 797 | 193 | 31 |
| Total liabilities | 7,201 | 10,803 | 19,332 | 18,526 | 13,306 | 9,330 |
| Accumulated deficit | (124,384) | (138,612) | (152,276) | (185,930) | (218,886) | (223,506) |
| Total stockholders' equity | 8,779 | 81,445 | 66,965 | 43,983 | 14,463 | 43,958 |
| Total liabilities and equity | 15,932 | 91,657 | 85,018 | 60,941 | 25,903 | 53,287 |
| Common shares outstanding (cover page) thousands of shares | 65,286 | 70,067 | 14,646 | 19,985 | 3,051 | 5,241 |
Cash flows
CSVFiscal years (FTFT's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 88,930 | 14,206 | 20 | (33,653) | (32,956) | (4,620) |
| Stock-based compensation | 7,131 | 6,381 | 2,173 | 3,468 | 671 | 1,085 |
| Net cash from operating activities | — | — | 2,690 | — | — | — |
| Purchases of property and equipment | 3 | — | — | 66 | 34 | 4 |
| Net cash from investing activities | (3) | (11,181) | (14,192) | — | — | — |
| Proceeds from issuing common stock | — | 7,120 | — | — | 2,581 | 30,000 |
| Dividends paid | — | 60 | — | — | — | — |
| Net cash from financing activities | 17,178 | 69,275 | (252) | (1,824) | — | — |
| Net change in cash | 9,600 | 40,848 | (20,538) | (10,629) | (12,570) | 312 |
Compare with peers
SIC 7389 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 7389 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Future FinTech Group | 1,922 | 333 | not reported | 32.2M | — | 10-QJun 30, 2026 |
| Holistic Asset Finance Group | 48 | 1,045 | 17* | 74.2M | — | 10-QJun 30, 2026 |
| Jocom Holdings | 11 | not reported | (12)* | 57.7M | 1.0 quarters | 10-KDec 31, 2025 |
| Quantum X | 40 | 0 | (396)* | 7.7B | 0.1 quarters | 10-QJun 30, 2026 |
| Asiafin Holdings | 880 | 1,516 | (37)* | 81.9M | 42.7 quarters | 10-QJun 30, 2026 |
| Quotemedia | 187 | 5,450 | (148)* | 90.5M | 1.3 quarters | 10-QJun 30, 2026 |
| Treasure Global | 1,591 | 2,405* | (1,693)* | 5.2M | 0.9 quarters | 10-KJun 30, 2026 |
| Janel | 33,697 | 67,512 | 29,830* | 1.2M | — | 10-QJun 30, 2026 |
| SPAR Group | 2,947 | not reported | (4,784)* | 28.4M | 0.6 quarters | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.
