Fortune Valley Treasures, Inc. Financial Summary

Quick Answer

Fortune Valley Treasures, Inc. reported Total Revenue of $4.24 million for fiscal year 2023.

Fortune Valley Treasures, Inc. — Key Financials by Year

Metric 2023 2022 2021 2020 2019 2018
Total Revenue $4.24M
-54.1%
$9.23M
+15.1%
$8.02M
+60.3%
$5.01M
+1718.8%
$275.2K
+187.1%
$95.8K
-63.3%
Revenue (ASC 606) $4.24M
-54.1%
$9.23M
+15.1%
$8.02M
+60.3%
$5.01M
+1718.8%
$275.2K
+187.1%
$95.8K
Net Income -$4.05M
-108.3%
-$1.94M
-209.2%
$1.78M
+154.7%
-$3.26M
-761.8%
-$377.8K
-43.9%
-$262.4K
-147.7%
Diluted EPS -$0.26
-116.7%
-$0.12
Total Assets $6.25M
-32.7%
$9.29M
-20.5%
$11.69M
+21.0%
$9.66M
+4905.0%
$193.0K
-44.5%
$348.1K
+5868.0%
Cash and Equivalents $288.3K
+74.0%
$165.7K
+34.5%
$123.2K
-50.7%
$249.8K
+555.1%
$38.1K
+27.1%
$30.0K
-61.4%
Long-Term Debt $212.0K
+262.8%
$58.4K
-69.0%
$188.2K
-26.0%
$254.3K
Stockholders Equity $2.12M
-66.8%
$6.39M
-29.4%
$9.06M
+28.8%
$7.04M
+1025.1%
-$760.5K
-96.4%
-$387.2K
-256.5%
Operating Income -$4.16M
-113.2%
-$1.95M
-189.5%
$2.18M
+169.0%
-$3.15M
-729.4%
-$380.3K
-42.9%
-$266.1K
-44.0%
Gross Profit $1.98M
-57.3%
$4.64M
+6.4%
$4.36M
+30.9%
$3.33M
+5548.3%
$59.0K
+19.5%
$49.4K
-60.9%
Shares Outstanding 15.66M
+0.0%
15.66M
+0.0%
15.66M
-95.0%
313.10M
+1.7%
307.75M
+0.0%
307.75M
+3871.0%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue June 30, 2024 $247.1K -80.6% -7.8%
Revenue (ASC 606) June 30, 2024 $247.1K -80.6% -7.8%
Net Income June 30, 2024 -$729.5K -88.6% +27.0%
Diluted EPS June 30, 2024 -$0.05 -150.0% +16.7%
Total Assets June 30, 2024 $4.60M -46.4% -10.7%
Cash and Equivalents June 30, 2024 $7.4K -90.2% -55.9%
Long-Term Debt June 30, 2024 $218.0K +370.3% -11.9%
Stockholders Equity June 30, 2024 $297.3K -94.7% -71.7%
Operating Income June 30, 2024 -$772.1K -83.5% +22.2%
Gross Profit June 30, 2024 $44.3K -92.9% -19.4%
Shares Outstanding June 30, 2024 15.66M +0.0% +0.0%
  • Fortune Valley Treasures, Inc. reported Total Revenue of $4.24 million for fiscal year 2023.
  • Fortune Valley Treasures, Inc. showed a decrease of -54.1% in Total Revenue compared to the prior fiscal year.
  • Fortune Valley Treasures, Inc. reported Revenue (ASC 606) of $4.24 million for fiscal year 2023.
  • Fortune Valley Treasures, Inc. showed a decrease of -54.1% in Revenue (ASC 606) compared to the prior fiscal year.
  • Fortune Valley Treasures, Inc. reported Net Income of -$4.05 million for fiscal year 2023.
  • Fortune Valley Treasures, Inc. showed a decrease of -108.3% in Net Income compared to the prior fiscal year.
  • Fortune Valley Treasures, Inc. reported Diluted EPS of $0.26 per share (loss) for fiscal year 2023.
  • Fortune Valley Treasures, Inc. showed a decrease of -116.7% in Diluted EPS compared to the prior fiscal year.
  • Fortune Valley Treasures, Inc. reported Total Assets of $6.25 million for fiscal year 2023.
  • Fortune Valley Treasures, Inc. showed a decrease of -32.7% in Total Assets compared to the prior fiscal year.
  • Fortune Valley Treasures, Inc. reported Cash and Equivalents of $288.3 thousand for fiscal year 2023.
  • Fortune Valley Treasures, Inc. showed an increase of +74.0% in Cash and Equivalents compared to the prior fiscal year.
  • Fortune Valley Treasures, Inc. reported Long-Term Debt of $212.0 thousand for fiscal year 2023.
  • Fortune Valley Treasures, Inc. showed an increase of +262.8% in Long-Term Debt compared to the prior fiscal year.
  • Fortune Valley Treasures, Inc. reported Stockholders Equity of $2.12 million for fiscal year 2023.
  • Fortune Valley Treasures, Inc. showed a decrease of -66.8% in Stockholders Equity compared to the prior fiscal year.
  • Fortune Valley Treasures, Inc. reported Operating Income of -$4.16 million for fiscal year 2023.
  • Fortune Valley Treasures, Inc. showed a decrease of -113.2% in Operating Income compared to the prior fiscal year.
  • Fortune Valley Treasures, Inc. reported Gross Profit of $1.98 million for fiscal year 2023.
  • Fortune Valley Treasures, Inc. showed a decrease of -57.3% in Gross Profit compared to the prior fiscal year.
  • Fortune Valley Treasures, Inc. reported Shares Outstanding of 15.66 million shares for fiscal year 2023.
  • Fortune Valley Treasures, Inc. showed an increase of +0.0% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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