FTFTNasdaqServices-Business Services, NECUS GAAP · USD

Future FinTech Group Inc.

Future FinTech Group Inc. is a Florida-based holding company that has shifted away from its original fruit juice business into a mix of supply chain financing/trading and financial services. Today, its operating footprint is centered on bulk commodity trading and financing in China-linked markets, brokerage and investment banking in Hong Kong, and a reduced set of legacy or exited businesses.

Liikevaihto3,8milj. USD
+81,1 %v/v
Liikevoitto (EBIT)−34,0milj. USD
−3,4 %v/v
EBIT-marginaali−888,0%
+667,3 %-yks.v/v
Nettotulos−4,6milj. USD
+86,0 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−40−2002040milj. USD2020: 0,37 milj. USD2020: EBIT −15 milj. USD20202021: 25 milj. USD2021: EBIT −13 milj. USD20212022: 24 milj. USD2022: EBIT −17 milj. USD20222023: 35 milj. USD2023: EBIT −24 milj. USD20232024: 2,1 milj. USD2024: EBIT −33 milj. USD20242025: 3,8 milj. USD2025: EBIT −34 milj. USD20253,8−34
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Supply chain financing and trading70 %

Financing and execution services tied to commodity circulation, receivables, payables and working capital.

Commodity trading services20 %

Agent and principal trading in coal, aluminum ingots, sand and steel, depending on control of goods.

Brokerage and investment banking8 %

Hong Kong securities trading, futures trading and securities consulting through licensed subsidiaries.

Other and legacy services2 %

Residual consulting, bond-related and discontinued activities from prior business lines.

Tuotteet

Raportoitu · osuus liikevaihdosta
85,1%14,9%FY2025100 %
  • Sales of Fastmoving Consumer Goods85,1 %
  • Provision of Trading Commission and Consulting Service14,9 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

The company serves industrial customers and trading counterparties that need working capital, commodity execution and logistics-linked financing. Its disclosed focus is on large state-owned or listed enterprises, plus suppliers and buyers with strong credit and reputation. In Hong Kong, it also serves brokerage and investment banking clients through its licensed securities subsidiary.

Industrial commodity customers

Buy bulk commodities and related execution/financing services to secure supply and working capital.

Large state-owned and listed enterprises

Use the company for lower-risk trade execution and financing around receivables and payables.

Suppliers and trading counterparties

Sell goods into the platform and use the company for logistics, title transfer and settlement support.

Hong Kong brokerage clients

Trade securities and futures or seek securities consulting through the licensed Hong Kong subsidiary.

Investment banking clients

Use advisory and capital markets services in Hong Kong for financing and transaction support.

Strategia

Management is shrinking the legacy portfolio and concentrating on businesses that can be tied to identifiable assets, counterparties and regulated licenses. The company is also trying to improve liquidity by using convertible notes, equity issuance and selective asset disposals while rebuilding around supply chain finance and Hong Kong financial services.

Concentrate on supply chain financing/tradingLyhyt aikaväli

This is the clearest remaining operating business and links financing to commodity flow and collateral.

Rebuild Hong Kong financial servicesKeskipitkä aikaväli

Licensed brokerage and investment banking can provide a more regulated revenue base than legacy ventures.

Exit or dispose of non-core assetsLyhyt aikaväli

Disposals simplify the structure and reduce operating drag from underperforming or discontinued units.

Maantiede

Future FinTech is legally based in Florida, but most of its operating history and current business activity has been outside the United States. The company states it has had significant operations in China and Hong Kong, while also noting prior activities in the United Kingdom and the United States. Recent disclosures show a deliberate exit from several non-core geographies and businesses, leaving a smaller and more concentrated operating base.

Riskit

The business remains exposed to counterparty credit risk, commodity price volatility and execution risk because revenue depends on trading counterparties and whether the company takes control of goods. It also faces liquidity pressure and dilution risk because operations are financed mainly through convertible notes and equity issuance, while losses and bad debt provisions have been significant. Regulatory and jurisdictional complexity across the U.S., China, Hong Kong and the U.K. adds additional operational and compliance risk.

Järjestetty vakavuuden mukaan
Counterparty credit riskKorkea

The company relies on industrial customers, suppliers and receivables financing, so defaults can quickly hit earnings.

KohdistuuTrade receivablesRelated-party receivablesFinancing assets
Commodity trading and inventory riskKorkea

Revenue changes depending on whether the company acts as principal or agent and on commodity price movements.

KohdistuuCoalAluminum ingotsSandSteel transactions
Liquidity and dilution riskKorkea

The company funds operations primarily through convertible notes and equity sales, which can pressure shareholders.

KohdistuuCash burnFinancing needsShare count expansion
Regulatory and jurisdictional riskKeskitaso

Operations span the U.S., Hong Kong and historically China and the U.K., each with different rules and oversight.

KohdistuuSFC licensingCross-border tradingHolding-company structure
Business model transition riskKeskitaso

The company has repeatedly exited or reduced businesses, making execution and continuity harder to predict.

KohdistuuLegacy disposalsDiscontinued operationsRestructuring

Kirjanpito

Harkinnanvaraiset erät
Principal versus agent revenue recognition

The company recognizes gross sales when it controls goods and net fees when it acts as agent, changing reported revenue materially.

Vaikutus: Affects revenue, gross margin and comparability across periods

Allowance for credit losses and doubtful accounts

Receivables and related-party balances can require large provisions when collectability weakens.

Vaikutus: Can materially reduce operating profit and net income

Discontinued operations and disposal gains

Recent exits and transfers created large one-time gains that can obscure core performance.

Vaikutus: Distorts earnings trend and cash flow interpretation

Fair value and restructuring-related estimates

Asset disposals, debt restructuring and acquisition prepayments require valuation judgments.

Vaikutus: Can affect gain/loss recognition and balance sheet carrying values

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

Future FinTech Group Inc. (FTFT) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo