Fortune Valley Treasures Inc Revenue Growth Rates (FVTI), Current and Historic Growth - CSIMarket
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Fortune Valley Treasures Inc   (FVTI)
    Sector  Retail    Industry Specialty Retail
   Industry Specialty Retail
   Sector  Retail
 

FVTI's Revenue Growth by Quarter and Year

Fortune Valley Treasures Inc 's Revenue results by quarter and year




FVTI Revenue (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
4th Quarter December -
3rd Quarter September -
2nd Quarter June 0.25
1st Quarter March 0.27
FY 0.52

FVTIs Annual Revenue
Fortune Valley Treasures Inc 's Revenue in the fiscal year 2023 $ 3.98 millions
Fortune Valley Treasures Inc 's Revenue in the fiscal year 2022 $ 9.23 millions
Fortune Valley Treasures Inc 's Revenue in the fiscal year 2021 $ 8.02 millions
Fortune Valley Treasures Inc 's Revenue in the fiscal year 2020 $ 5.01 millions
Fortune Valley Treasures Inc 's Revenue in the fiscal year 2019 $ 0.28 millions




FVTI Revenue second quarter 2024 Y/Y Growth Comment
Fortune Valley Treasures Inc reported drop in Revenue in the second quarter 2024 by -84.94% to $ 0.25 millions, from the same quarter in 2023.
The fall in the second quarter 2024 Fortune Valley Treasures Inc 's Revenue compares unfavorably to the Company's average Revenue doubling of 804.82%.

Looking into second quarter 2024 results within Specialty Retail industry 44 other companies have achieved higher Revenue growth. While Fortune Valley Treasures Inc ' s Revenue meltdown of -84.94% ranks overall at the positon no. 3774 in the second quarter 2024.




FVTI Revenue ( Y/Y Growth %) 2024
2023 2022 2021
4th Quarter December - -85.62 % 45.27 % 617.86 %
3rd Quarter September - -45.73 % 27.87 % 2514.29 %
2nd Quarter June -84.94 % 30.16 % -23.17 % 8100 %
1st Quarter March -90.07 % 6.67 % -46.43 % 4660 %
FY   - -33.3 % -11.43 % -

Financial Statements
Fortune Valley Treasures Inc 's second quarter 2024 Revenue $ 0.25 millions FVTI's Income Statement
Fortune Valley Treasures Inc 's second quarter 2023 Revenue $ 1.64 millions Quarterly FVTI's Income Statement


FVTI Revenue (Quarter on Quarter Growth %)

2024
2023 2022 2021
4th Quarter December - -66.93 % 24.79 % 9.84 %
3rd Quarter September - -22.56 % 85.71 % 11.59 %
2nd Quarter June -8.5 % -39.71 % -50.59 % -65.55 %
1st Quarter March -35.71 % -6.85 % 26.87 % 1600 %
FY (Year on Year)   - -33.3 % -11.43 % -




Revenue second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Specialty Retail Industry #45
Retail Sector #184
Overall #3774

Revenue Y/Y Growth Statistics
High Average Low
7356.17 % 804.82 % -100 %
(Mar 31 2021)   (Dec 31 2023)
Revenue second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Specialty Retail Industry #45
Retail Sector #184
Overall #3774
Revenue Y/Y Growth Statistics
High Average Low
7356.17 % 804.82 % -100 %
(Mar 31 2021)   (Dec 31 2023)

Revenue by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Fortune Valley Treasures Inc 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
1578 % 109.58 % -100 %
(Dec 31 2020)  


FVTI's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2024 Fortune Valley Treasures Inc disclosed drop in Revenue from the first quarter by -8.5% to $ 0.25 millions, from $ 0.27 millions achived in the previous reporting period.

But that's not important problem, as Fortune Valley Treasures Inc 's Revenue generally seem to plunge in this quarter.

Within Specialty Retail industry 34 other companies have achieved higher Revenue quarter on quarter growth. While Fortune Valley Treasures Inc 's Revenue growth quarter on quarter, overall rank is 3137.


Revenue Q/Q Growth Company Ranking
Within: No.
Specialty Retail Industry #35
Retail Sector #160
Overall #3137
Revenue Q/Q Growth Company Ranking
Within: No.
Specialty Retail Industry #35
Retail Sector #160
Overall #3137
Revenue Q/Q Growth Statistics
High Average Low
1578 % 109.58 % -100 %
(Dec 31 2020)  


FVTI's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2024 Fortune Valley Treasures Inc disclosed drop in Revenue from the first quarter by -8.5% to $ 0.25 millions, from $ 0.27 millions achived in the previous reporting period.

But that's not important problem, as Fortune Valley Treasures Inc 's Revenue generally seem to plunge in this quarter.

Within Specialty Retail industry 34 other companies have achieved higher Revenue quarter on quarter growth. While Fortune Valley Treasures Inc 's Revenue growth quarter on quarter, overall rank is 3137.


Fortune Valley Treasures Inc 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Jun 30 2024)
12 Months Ending
(Mar 31 2024)
12 Months Ending
(Dec 31 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
Cumulative Revenue 12 Months Ending $ 2.21 $ 3.59 $ 6.05 $ 8.54 $ 9.61
Y / Y Revenue Growth (TTM) -77.03 % -61.07 % -33.26 % 4.82 % 25.76 %
Year on Year Revenue Growth Overall Ranking # 3654 # 3284 # 0 # 0 # 0
Seqeuential Revenue Change (TTM) -38.62 % -40.56 % -29.22 % -11.07 % 4.04 %
Seq. Revenue Growth (TTM) Overall Ranking # 1629 # 1611 # 0 # 2188 # 1596


Cumulative Revenue growth Comment
Fortune Valley Treasures Inc 's cumulative 12 months Revenue continue to drop, but on the faster rate at -77.03% year on year, at Jun 30 2024 compare to the -61.07% decrease at Mar 31 2024. If the Fortune Valley Treasures Inc 's fiscal year would end at Jun 30 2024, annual Revenue would be $2 millions.

In the Retail sector 185 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 3284 to 3654.

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Specialty Retail Industry # 12
Retail Sector # 186
Overall # 3654

Revenue TTM Y/Y Growth Statistics
High Average Low
2912.92 %
979.57 %
-71.77 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 12
Sector # 64
S&P 500 # 1629
Cumulative Revenue growth Comment
Fortune Valley Treasures Inc 's cumulative 12 months Revenue continue to drop, but on the faster rate at -77.03% year on year, at Jun 30 2024 compare to the -61.07% decrease at Mar 31 2024. If the Fortune Valley Treasures Inc 's fiscal year would end at Jun 30 2024, annual Revenue would be $2 millions.

In the Retail sector 185 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 3284 to 3654.


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Specialty Retail Industry # 12
Retail Sector # 186
Overall # 3654

Revenue TTM Y/Y Growth Statistics
High Average Low
2912.92 %
979.57 %
-71.77 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 12
Sector # 64
S&P 500 # 1629




Other Revenue Growth
Specialty Retail Industry Revenue Growth Trends and Statistics
Retail Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
FVTI's Revenue Growth Ratio versus Specialty Retail Industry, Retail Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth




Companies with similar Revenue drop for the quarter ending Jun 30 2024 within Retail SectorY/Y Change %Revenue for the quarter ending Jun 30 2024
Floor and Decor Holdings Inc -0.23%$ -0.229 millions
Arhaus Inc -0.88%$ -0.880 millions
Builders Firstsource Inc -1.62%$ -1.616 millions
Wayfair inc -1.70%$ -1.703 millions
Murphy Usa Inc -2.39%$ -2.394 millions
Herbalife Ltd -2.51%$ -2.511 millions
Ingles Markets Incorporated-2.81%$ -2.813 millions
Thredup Inc -3.20%$ -3.196 millions
Arko Corp -3.28%$ -3.280 millions
Cdw Corp-3.61%$ -3.608 millions
Bark Inc -3.97%$ -3.974 millions
Brilliant Earth Group Inc -4.03%$ -4.030 millions
Qvc inc -4.05%$ -4.047 millions
Pool Corporation-4.72%$ -4.715 millions
Camping World Holdings Inc -4.96%$ -4.957 millions
Sonic Automotive Inc -5.50%$ -5.497 millions
Autonation Inc -5.95%$ -5.946 millions
Eplus Inc -6.71%$ -6.709 millions
Insight Enterprises Inc -8.00%$ -7.995 millions
Suburban Propane Partners Lp-8.62%$ -8.620 millions
Onewater Marine Inc -8.73%$ -8.732 millions
Qvc Group Inc -9.14%$ -9.136 millions
Aixin Life International Inc -9.72%$ -9.716 millions
Envela Corporation-9.95%$ -9.953 millions
Monro Inc -11.56%$ -11.558 millions
Nu Skin Enterprises Inc -12.41%$ -12.410 millions
Haverty Furniture Companies Inc-13.56%$ -13.556 millions
Petmed Express Inc -13.61%$ -13.615 millions
Cuentas Inc-15.00%$ -15.000 millions
Growgeneration Corp -15.39%$ -15.389 millions


About Fortune Valley Treasures Inc Revenue Growth Rates (FVTI), Current and Historic Growth - CSIMarket Analysis

How we calculate this

This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years). Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.

What’s included here

Company: Fortune Valley Treasures Inc (CIK 1626745).

Source & verification

Last updated

  • Page updated:
  • Data lineage: SEC filings → XBRL parse → normalization CSIMarket.com Database → growth calculations.
  • Accession: 0001493152-24-031979
  • Figures are derived from filed reports and may be restated; numbers are subject to revision.

Sources: Fortune Valley Treasures Inc ’s SEC filings (XBRL/Inline XBRL) and CSIMarket.com’s normalization & QA processes.



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