Fortune Valley Treasures Net Income Growth & History (FVTI)

Fortune Valley Treasures's net income was −$4.0M for fiscal 2023.

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Fortune Valley Treasures annual net income history

Fortune Valley Treasures annual net income

Fiscal yearPeriod endedNet incomeChangeGrowth
20232023-12-31−$4.0M−$2.1M
20222022-12-31−$1.9M−$3.7M
20212021-12-31$1.8M$5.0M
20202020-12-31−$3.3M−$2.9M
20192019-12-31−$377,756−$115,332
20182018-12-31−$262,424−$74,928
2017 · Dec 312017-12-31−$187,496
2017 · Aug 312017-08-31−$105,943−$58,478
20162016-08-31−$47,465−$1,875
20152015-08-31−$45,590

Fortune Valley Treasures net income trends

Over the last five fiscal years, Fortune Valley Treasures's net income decreased from −$262,424 to −$4.0M, a change of −$3.8M. The latest reported quarter, Q2 2024, shows −$729,476.

About the metric

What net income means

Net income is a company’s bottom-line profit or loss after operating costs, interest, taxes, and other reported income and expenses. It shows how much of a company’s revenue ultimately remained as earnings, or how large its loss was, during a fiscal period.

Calculation and source

SEC-reported net income

TickerStat standardizes consolidated net income or profit and loss reported in company SEC filings for aligned fiscal periods. It is not adjusted earnings, an analyst estimate, or company guidance. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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