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

FVTI's Net Income Growth by Quarter and Year

Fortune Valley Treasures Inc 's Net Income results by quarter and year




FVTI Net Income (in millions $) FY 2022 FY 2021 FY 2020 FY 2019
IV Quarter December - 0.72 -3.46 -0.06
III Quarter September 0.91 0.45 -0.08 -0.08
II Quarter June 0.79 0.46 -0.09 -0.21
I Quarter March 0.18 0.34 -0.10 -0.03
FY   1.88 1.97 -3.73 -0.38



FVTI Net Income third quarter 2022 Y/Y Growth Comment
Fortune Valley Treasures Inc achieved in the third quarter 2022, above Company average Net Income surge of 102.39% year on year, to $ 0.91 millions.

Looking into third quarter 2022 results within Specialty Retail industry 2 other companies have achieved higher Net Income growth. While Fortune Valley Treasures Inc ' s Net Income doubling of 102.39% ranks overall at the positon no. 299 in the third quarter 2022.




FVTI Net Income ( Y/Y Growth %) 2022
2021 2020 2019
IV Quarter December - - - -
III Quarter September 102.39 % - - -
II Quarter June 71.74 % - - -
I Quarter March -47.06 % - - -
FY   - - - -

Financial Statements
Fortune Valley Treasures Inc 's third quarter 2022 Net Income $ 0.91 millions FVTI's Income Statement
Fortune Valley Treasures Inc 's third quarter 2021 Net Income $ 0.45 millions Quarterly FVTI's Income Statement
New: More FVTI's historic Net Income Growth >>


FVTI Net Income (Quarter on Quarter Growth %)

2022
2021 2020 2019
IV Quarter December - 60 % - -
III Quarter September 15.28 % -2.17 % - -
II Quarter June 338.89 % 35.29 % - -
I Quarter March -75 % - - -
FY (Year on Year)   - - - -




Net Income third quarter 2022 Y/Y Growth Company Ranking
Within: No.
Specialty Retail Industry #3
Retail Sector #6
Overall #299

Net Income Y/Y Growth Statistics
High Average Low
102.45 % 42.52 % -47.56 %
(Sep 30 2022)   (Mar 31 2022)
Net Income third quarter 2022 Y/Y Growth Company Ranking
Within: No.
Specialty Retail Industry #3
Retail Sector #6
Overall #299
Net Income Y/Y Growth Statistics
High Average Low
102.45 % 42.52 % -47.56 %
(Sep 30 2022)   (Mar 31 2022)

Net Income by Quarter for the Fiscal Years 2019, 2020, 2021, 2022

Fortune Valley Treasures Inc 's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
348.39 % 63.86 % -75.6 %
(Jun 30 2022)  


FVTI's III. Quarter Q/Q Net Income Comment
Fortune Valley Treasures Inc achieved in the III. Quarter 2022 below company average Net Income jump of 15.28% quarter on quarter, to $ 0.91 millions.

III. Quarter 2022 FVTI's performance were contradictory, even if below the average increase of 63.86 %, yet it demonstrates absolute improvement measured to the -2.17% in the III. Quarter 2021

Within Specialty Retail industry 6 other companies have achieved higher Net Income quarter on quarter growth. While Fortune Valley Treasures Inc 's Net Income growth quarter on quarter, overall rank is 835.


Net Income Q/Q Growth Company Ranking
Within: No.
Specialty Retail Industry #7
Retail Sector #25
Overall #835
Net Income Q/Q Growth Company Ranking
Within: No.
Specialty Retail Industry #7
Retail Sector #25
Overall #835
Net Income Q/Q Growth Statistics
High Average Low
348.39 % 63.86 % -75.6 %
(Jun 30 2022)  


FVTI's III. Quarter Q/Q Net Income Comment
Fortune Valley Treasures Inc achieved in the III. Quarter 2022 below company average Net Income jump of 15.28% quarter on quarter, to $ 0.91 millions.

III. Quarter 2022 Fortune Valley Treasures Inc 's performance seem to be contradictory, even if below the ordinary growth of 63.86 %, yet it presents absolute recovery measured to the -2.17% in the III. Quarter 2021 Jordan T. Young, market insider based in Philadelphia mentioned.

Within Specialty Retail industry 6 other companies have achieved higher Net Income quarter on quarter growth. While Fortune Valley Treasures Inc 's Net Income growth quarter on quarter, overall rank is 835.


Fortune Valley Treasures Inc 's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Sep 30 2022)
12 Months Ending
(Jun 30 2022)
12 Months Ending
(Mar 31 2022)
12 Months Ending
(Dec 31 2021)
12 Months Ending
(Sep 30 2021)
Cumulative Net Income 12 Months Ending $ 2.60 $ 2.14 $ 1.80 $ 1.96 $ -2.22
Y / Y Net Income Growth (TTM) - - - - -
Year on Year Net Income Growth Overall Ranking