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Fortune Valley Treasures Inc   (FVTI)
Other Ticker:  
 
    Sector  Retail    Industry Specialty Retail
   Industry Specialty Retail
   Sector  Retail


 

Fortune Valley Treasures Inc

FVTI's Financial Statements and Analysis



Fortune Valley Treasures Inc reported in III. Quarter net earnings per share of $0.05 an increase by 66.67 % year on year from $0.03 and decline of 0 % from $0.05 earned in II. Quarter (Jun 30 2022).


III. Quarter
Earnings Per Share Revenues
$ 0.05 $  3 Mill
$+0.02     +66.67 % $+1M     +45.37 %



Fortune Valley Treasures Inc 's Revenue rose by 45.37 % in III. Quarter (Sep 30 2022) year on year, to $3 million and advanced by 24.77 % sequentially.


Fortune Valley Treasures Inc is Expected to report next financial results on March 30, 2023.

More on FVTI's Income Statement



Fortune Valley Treasures Inc 's net income of $0.911 million in III. Quarter increased by 102.45 % from net earnings of $0.450 million achieved in III. Quarter a year ago.

Sequentially net earnings grew by 15.43 % from net income of $0.789 million realized in previous quarter.

More on FVTI's Growth

Inventories declined by -58.39 % to $0.15 million from III. Quarter a year ago, sequentially inventories rose by 5.42 %. FVTI's Cash flow In III. Quarter company's net cash flow was $0 million


Fortune Valley Treasures Inc does not pay out common stock dividend.

In trailing twelve-month period Fortune Valley Treasures Inc earned $ 0.02 cash per share, on a free-cash flow basis 17.62 % of net earning per share.