Fortune Valley Treasures annual operating expenses
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2023
Fortune Valley Treasures Operating Expenses Growth & History (FVTI)
Fortune Valley Treasures's operating expenses was $6.1M for fiscal 2023.
View full Fortune Valley Treasures company overviewFortune Valley Treasures annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | $6.1M | −$452,754 | −6.87% |
| 2022 | 2022-12-31 | $6.6M | $4.4M | +201.63% |
| 2021 | 2021-12-31 | $2.2M | −$4.3M | −66.32% |
| 2020 | 2020-12-31 | $6.5M | $6.0M | +1376.54% |
| 2019 | 2019-12-31 | $439,340 | $123,903 | +39.28% |
| 2018 | 2018-12-31 | $315,437 | $4,352 | +1.40% |
| 2017 · Dec 31 | 2017-12-31 | $311,085 | — | — |
| 2017 · Aug 31 | 2017-08-31 | $105,943 | $58,478 | +123.20% |
| 2016 | 2016-08-31 | $47,465 | $1,875 | +4.11% |
| 2015 | 2015-08-31 | $45,590 | — | — |
Fortune Valley Treasures quarterly operating expenses
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Q1.15
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Q4.15
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Q2.16
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Q4.16
Q1.17
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Q1.23
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Q2.24
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2024 | 2024-06-30 | $816,426 | −$224,162 | −21.54% |
| Q1 2024 | 2024-03-31 | $1.0M | $83,237 | +8.63% |
| Q4 2023 | 2023-12-31 | $2.6M | −$2.6M | −50.05% |
| Q3 2023 | 2023-09-30 | $1.5M | $1.1M | +215.45% |
| Q2 2023 | 2023-06-30 | $1.0M | $677,002 | +186.20% |
| Q1 2023 | 2023-03-31 | $964,637 | $419,196 | +76.85% |
| Q4 2022 | 2022-12-31 | $5.2M | $4.5M | +658.84% |
| Q3 2022 | 2022-09-30 | $487,640 | −$34,252 | −6.56% |
| Q2 2022 | 2022-06-30 | $363,586 | −$105,890 | −22.55% |
| Q1 2022 | 2022-03-31 | $545,441 | $36,310 | +7.13% |
| Q4 2021 | 2021-12-31 | $684,405 | −$5.4M | −88.71% |
| Q3 2021 | 2021-09-30 | $521,892 | $336,791 | +181.95% |
| Q2 2021 | 2021-06-30 | $469,476 | $341,845 | +267.84% |
| Q1 2021 | 2021-03-31 | $509,131 | $398,270 | +359.25% |
| Q4 2020 | 2020-12-31 | $6.1M | $6.0M | +8173.22% |
| Q3 2020 | 2020-09-30 | $185,101 | $86,618 | +87.95% |
| Q2 2020 | 2020-06-30 | $127,631 | −$92,697 | −42.07% |
| Q1 2020 | 2020-03-31 | $110,861 | $63,622 | +134.68% |
| Q4 2019 | 2019-12-31 | $73,290 | −$4,311 | −5.56% |
| Q3 2019 | 2019-09-30 | $98,483 | $34,037 | +52.81% |
| Q2 2019 | 2019-06-30 | $220,328 | $149,557 | +211.33% |
| Q1 2019 | 2019-03-31 | $47,239 | −$55,380 | −53.97% |
| Q4 2018 | 2018-12-31 | $77,601 | — | — |
| Q3 2018 | 2018-09-30 | $64,446 | −$35,410 | −35.46% |
| Q2 2018 | 2018-06-30 | $70,771 | $21,230 | +42.85% |
| Q1 2018 | 2018-03-31 | $102,619 | $54,052 | +111.29% |
| Q3 2017 · Sep 30 | 2017-09-30 | $99,856 | — | — |
| Q3 2017 · Jun 30 | 2017-06-30 | $49,541 | — | — |
| Q3 2017 · May 31 | 2017-05-31 | $17,588 | $3,379 | +23.78% |
| Q2 2017 · Mar 31 | 2017-03-31 | $48,567 | — | — |
| Q2 2017 · Feb 28 | 2017-02-28 | $24,678 | $20,637 | +510.69% |
| Q1 2017 | 2016-11-30 | $18,554 | −$6,571 | −26.15% |
| Q4 2016 | 2016-08-31 | $4,090 | −$5,791 | −58.61% |
| Q3 2016 | 2016-05-31 | $14,209 | −$442 | −3.02% |
| Q2 2016 | 2016-02-29 | $4,041 | −$6,847 | −62.89% |
| Q1 2016 | 2015-11-30 | $25,125 | $14,955 | +147.05% |
| Q4 2015 | 2015-08-31 | $9,881 | — | — |
| Q3 2015 · May 31 | 2015-05-31 | $14,651 | $14,410 | +5979.25% |
| Q2 2015 | 2015-02-28 | $10,888 | — | — |
| Q1 2015 | 2014-11-30 | $10,170 | — | — |
| Q3 2015 · May 31 | 2014-05-31 | $241 | — | — |
Fortune Valley Treasures operating expenses trends
Over the last five fiscal years, Fortune Valley Treasures's operating expenses increased from $315,437 to $6.1M, a change of $5.8M. The latest reported quarter, Q2 2024, shows $816,426.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Fortune Valley Treasures source filings ↗