Future Fintech Group Inc

Company Profile

Future Fintech Group Inc had its IPO on 2005-03-15 under the ticker symbol FTFT.

The company operates in the Technology sector and Software-Application industry. Future Fintech Group Inc has a staff strength of 80 employees.

Stock update

Shares of Future Fintech Group Inc opened at $1.11 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.11 - $1.18, and closed at $1.15.

This is a +4.55% increase from the previous day's closing price.

A total volume of 32,427 shares were traded at the close of the day’s session.

In the last one week, shares of Future Fintech Group Inc have slipped by -16.67%.

Future Fintech Group Inc's Key Ratios

Future Fintech Group Inc has a market cap of $16.11 million, indicating a price to book ratio of 0.3587 and a price to sales ratio of 0.7499.

In the last 12-months Future Fintech Group Inc’s revenue was $20.20 million with a gross profit of $5.40 million and an EBITDA of $-11702644. The EBITDA ratio measures Future Fintech Group Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Future Fintech Group Inc’s operating margin was -59.46% while its return on assets stood at -8.5% with a return of equity of -19.38%.

In Q2, Future Fintech Group Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 48.7%.

Future Fintech Group Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-0.78 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Future Fintech Group Inc’s profitability.

Future Fintech Group Inc stock is trading at a EV to sales ratio of 0.1619 and a EV to EBITDA ratio of 0.4719. Its price to sales ratio in the trailing 12-months stood at 0.7499.

Future Fintech Group Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$90.93 million

Total Liabilities

$29.41 million

Operating Cash Flow

$0

Capital Expenditure

$59128

Dividend Payout Ratio

0%

Future Fintech Group Inc ended 2024 with $90.93 million in total assets and $0 in total liabilities. Its intangible assets were valued at $90.93 million while shareholder equity stood at $62.35 million.

Future Fintech Group Inc ended 2024 with $0 in deferred long-term liabilities, $29.41 million in other current liabilities, 14646.00 in common stock, $-155924902.00 in retained earnings and $13.98 million in goodwill. Its cash balance stood at $33.33 million and cash and short-term investments were $34.39 million. The company’s total short-term debt was $3,757,396 while long-term debt stood at $0.

Future Fintech Group Inc’s total current assets stands at $71.20 million while long-term investments were $0 and short-term investments were $1.06 million. Its net receivables were $13.42 million compared to accounts payable of $378608.00 and inventory worth $22.46 million.

In 2024, Future Fintech Group Inc's operating cash flow was $0 while its capital expenditure stood at $59128.

Comparatively, Future Fintech Group Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.15

52-Week High

$2.95

52-Week Low

$1.04

Analyst Target Price

$

Future Fintech Group Inc stock is currently trading at $1.15 per share. It touched a 52-week high of $2.95 and a 52-week low of $2.95. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $1.39 and 200-day moving average was $1.57 The short ratio stood at 5.27 indicating a short percent outstanding of 0%.

Around 2420.3% of the company’s stock are held by insiders while 52.1% are held by institutions.