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Fortune Valley Treasures Inc   (FVTI)
Other Ticker:  
 
    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 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 2.72 0.00 4.76
III Quarter September - 2.92 2.01 0.28
II Quarter June 1.27 2.34 1.83 0.07
I Quarter March 1.64 1.26 1.64 0.02
FY   2.91 9.24 5.48 5.13



FVTI Revenue second quarter 2023 Y/Y Growth Comment
Fortune Valley Treasures Inc reported drop in Revenue in the second quarter 2023 by -45.62% to $ 1.27 millions, from the same quarter in 2022.
The fall in the second quarter 2023 Fortune Valley Treasures Inc 's Revenue compares unfavorably to the Company's average Revenue doubling of 962.39%.

Looking into second quarter 2023 results within Specialty Retail industry 43 other companies have achieved higher Revenue growth. While Fortune Valley Treasures Inc ' s Revenue meltdown of -45.62% ranks overall at the positon no. 3776 in the second quarter 2023.




FVTI Revenue ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - - - 4660 %
III Quarter September - 45.27 % 617.86 % 180 %
II Quarter June -45.62 % 27.87 % 2514.29 % 75 %
I Quarter March 30.16 % -23.17 % 8100 % -50 %
FY   - 68.61 % 6.82 % 1732.14 %

Financial Statements
Fortune Valley Treasures Inc 's second quarter 2023 Revenue $ 1.27 millions FVTI's Income Statement
Fortune Valley Treasures Inc 's second quarter 2022 Revenue $ 2.34 millions Quarterly FVTI's Income Statement
New: More FVTI's historic Revenue Growth >>


FVTI Revenue (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - -6.85 % - 1600 %
III Quarter September - 24.79 % 9.84 % 300 %
II Quarter June -22.4 % 85.71 % 11.59 % 250 %
I Quarter March -39.71 % - -65.55 % -80 %
FY (Year on Year)   - 68.61 % 6.82 % 1732.14 %




Revenue second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Specialty Retail Industry #44
Retail Sector #189
Overall #3776

Revenue Y/Y Growth Statistics
High Average Low
7356.17 % 962.39 % -100 %
(Mar 31 2021)   (Dec 31 2021)
Revenue second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Specialty Retail Industry #44
Retail Sector #189
Overall #3776
Revenue Y/Y Growth Statistics
High Average Low
7356.17 % 962.39 % -100 %
(Mar 31 2021)   (Dec 31 2021)

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Fortune Valley Treasures Inc 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
1578 % 115.44 % -100 %
(Dec 31 2020)  


FVTI's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2023 Fortune Valley Treasures Inc reported fall in Revenue from the previous quarter by -22.4% to $ 1.27 millions, from $ 1.64 millions declared in the previous quarter.

Those seasonal circumstance have not salvage the II. Quarter for the Fortune Valley Treasures Inc , Sierra Edwards, Specialty Retail industry expert situated in Toronto wrote, she cited certan skepticism conserning Fortune Valley Treasures Inc 's perspective.

Within Specialty Retail industry 17 other companies have achieved higher Revenue quarter on quarter growth. While Fortune Valley Treasures Inc 's Revenue growth quarter on quarter, overall rank is 3299.


Revenue Q/Q Growth Company Ranking
Within: No.
Specialty Retail Industry #18
Retail Sector #105
Overall #3299
Revenue Q/Q Growth Company Ranking
Within: No.
Specialty Retail Industry #18
Retail Sector #105
Overall #3299
Revenue Q/Q Growth Statistics
High Average Low
1578 % 115.44 % -100 %
(Dec 31 2020)  


FVTI's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2023 Fortune Valley Treasures Inc reported fall in Revenue from the previous quarter by -22.4% to $ 1.27 millions, from $ 1.64 millions released in the previous reporting period.

Even periodic factors that normally fuel II. Quarter 2023 results, were not able to salvage the II. Quarter for the Fortune Valley Treasures Inc , Sierra Edwards, Specialty Retail industry expert situated in Toronto wrote and wrote that average sequential Revenue growth is at 115.44% for the Specialty Retail's company.

Within Specialty Retail industry 17 other companies have achieved higher Revenue quarter on quarter growth. While Fortune Valley Treasures Inc 's Revenue growth quarter on quarter, overall rank is 3299.


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


Revenue TTM Growth

12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
12 Months Ending
(Jun 30 2022)
Cumulative Revenue 12 Months Ending $ 8.54 $ 9.61 $ 9.23 $ 0.00 $ 0.00
Y / Y Revenue Growth (TTM) - - - - -
Year on Year Revenue Growth Overall Ranking # # # # #
Seqeuential Revenue Change (TTM) -11.07 % 4.04 % - - -
Seq. Revenue Growth (TTM) Overall Ranking # 2188 # 2037 # 0 # 1273 # 0




Cumulative Revenue growth Comment


Fortune Valley Treasures Inc achieved highest trailing twelve month year on year Revenue growth. While overall Revenue growth ranking, remained unchanged compare to the previous quarter at no. .

Revenue TTM Q/Q Growth Statistics
High Average Low
2912.92 %
1096.39 %
56.28 %
 

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

Revenue TTM Y/Y Growth Statistics
High Average Low
0 %
0 %
0 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 22
Sector # 97
S&P 500 # 2188
Cumulative Revenue growth Comment


Fortune Valley Treasures Inc achieved highest trailing twelve month year on year Revenue growth. While overall Revenue growth ranking, remained unchanged compare to the previous quarter at no. .

Revenue TTM Q/Q Growth Statistics
High Average Low
2912.92 %
1096.39 %
56.28 %
 


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

Revenue TTM Y/Y Growth Statistics
High Average Low
0 %
0 %
0 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 22
Sector # 97
S&P 500 # 2188




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
Revenue Growth for FVTI's Competitors
Revenue Growth for Fortune Valley Treasures Inc 's Suppliers
Revenue Growth for FVTI's Customers

You may also want to know
FVTI's Annual Growth Rates FVTI's Profitability Ratios FVTI's Asset Turnover Ratio FVTI's Dividend Growth
FVTI's Roe FVTI's Valuation Ratios FVTI's Financial Strength Ratios FVTI's Dividend Payout Ratio
FVTI's Roa FVTI's Inventory Turnover Ratio FVTI's Growth Rates FVTI's Dividend Comparisons



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