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Fortune Valley Treasures Inc   (FVTI)
Other Ticker:  
 
    Sector  Retail    Industry Specialty Retail
   Industry Specialty Retail
   Sector  Retail
 
Price: $4.2800 $0.93 27.761%
Day's High: $4.28 Week Perf: -10.08 %
Day's Low: $ 4.28 30 Day Perf: -26.33 %
Volume (M): 0 52 Wk High: $ 9.00
Volume (M$): $ 0 52 Wk Avg: $5.39
Open: $4.28 52 Wk Low: $1.10



 Market Capitalization (Millions $) 67
 Shares Outstanding (Millions) 16
 Employees 1
 Revenues (TTM) (Millions $) 7
 Net Income (TTM) (Millions $) 3
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Fortune Valley Treasures Inc

Fortune Valley Treasures, Inc. (formerly Crypto-Services, Inc.) was incorporated in the State of Nevada as a for-profit company on March 21, 2014 and established a fiscal year end of August 31. We are a development-stage Company established to offer an information based website at www.digitalcoindaily.com that would provide users with up-to-date information on the leading digital currencies. We purchased the URL www.digitalcoindaily.com and plan to launch a website to provide daily news and updates for users of digital currencies. Some of the information we intend to provide included: information on the major digital currency exchanges including their current exchange rates, fee structures and volumes; news on major legal developments surrounding digital currencies, adoption of digital currencies by major retailers and other institutions and development of new hardware and software targeted at servicing digital currency users. We plan to generate revenue by advertising and referral fees.

We are a development stage entity devoting substantially all of our efforts to establishing a new business for which our planned principal operations have not yet commenced. We believe our current equity at risk is sufficient to finance our current activities.

Our auditors have issued a going concern opinion on our audited financial statements for the year ended August 31, 2017. This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we obtain additional capital to pay our bills. This is because we have not generated any revenues and no revenues are anticipated until we launch our business platform. There is no assurance we will ever reach this point. Accordingly, we must raise cash from other sources. Our only other source for cash at this time is investments by others or loans from our shareholders or officers. We have no assurances that such loans will become available upon acceptable terms when the funds are required for our operations.



   Company Address: B1601 Donogfang Dongguan, Guangdong 523000
   Company Phone Number: 769-85729133   Stock Exchange / Ticker: FVTI
   FVTI is expected to report next financial results on March 30, 2023.


   

Stock Performances by Major Competitors

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Kohl S Corp

Weak orders was the cause for EPS to slide at in the August to October 29 2022 span

In the August to October 29 2022 span income per share plummeted by -50.3 % to $0.82 per share due to Sales decrease of -7.022 % to $4.28 billions, year on year.

Reasonable conduct at NTAP amid the most recent fiscal period

the company continued to show addition in its recent numbers in the Q2 relative to the comparable quarter a year ago, eps grew by 247.96 % to $3.41 and Sales grew by 6.194 % to $1.66 billions.

Hibbett Inc

Hibbett Inc declared marginal reduction in their top-line, in the second quarter of 2022 earnings season

For the most recent fiscal period HIBB EPS dropped by -34.97 % of $1.86 per share compare to $2.86 a year before and income faded by -35.64 % from $2.89 per share from the preceding quarter.

Sales decreased by -6.309 % to $392.81 millions from $419.26 millions in the similar quarter a year before and sequentially Sales deteriorated by -7.368 % from $424.05 millions.

American Outdoor Brands Inc

The Top-line took a nose-dive at the company over the fiscal three months ending October 31 2022

Sales demise of -23.07 % caused deterioration in profits by -90.63 % for the fiscal three months ending October 31 2022. American Outdoor Brands Inc recorded recent numbers of $54.44 millions in Sales this compares to $70.76 millions a year prior and eps of $0.03 per share from 0.32 in the previous year.

Salesforce Inc

Excellent performance by the company during the most recent fiscal period

CRM dealt with reduction in eps, following Sales growth in the most recent fiscal period, income per share plummeted by -55.32 % to $0.21 per share, while Sales increased in double digits by 14.192 % to $7.84 billions, from the comparable quarter a year ago.






 

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