Future FinTech (FTFT) Divestments (2020 - 2023)
Future FinTech's quarterly Divestments came in at -$51960.0 in Q1 2023, up 99.22% quarter-over-quarter from -$6.7 million in Q3 2021.
Future FinTech has reported Divestments for 3 years, with the latest figure at -$51960.0 in Q1 2023.
- For the quarter ending Q1 2023, Divestments changed N/A year-over-year to -$51960.0; the trailing twelve-month figure through Mar 2024 stood at -$6.7 million (changed 0.14% YoY), and the FY2024 full-year result was -$2.1 million, down 176.95% from the prior year.
- Divestments for Q1 2023 stood at -$51960.0, up from -$6.7 million in the prior quarter.
- The five-year high for Divestments was $1.9 million in Q4 2020, with the low at -$6.7 million in Q3 2021.
- Average Divestments over 3 years is -$834255.8, with a median of -$26752.0 recorded in 2020.
- Peak annual rise in Divestments reached 99.63% in 2021, while the deepest fall reached 3832.41% in 2021.
- Tracing FTFT's Divestments over 3 years: stood at $1.9 million in 2020, then slumped by 443.38% to -$6.7 million in 2021, then jumped by 99.22% to -$51960.0 in 2023.
- The last three Divestments figures came in at -$51960.0 (Q1 2023), -$6.7 million (Q3 2021), and -$7326.0 (Q2 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | - |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | - |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | - |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | - |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | - |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | - |
| 10 | Future FinTech | 2.28 Mn | 2.28 Mn | 73,203.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | -51,960.00 |
| Sep 30, 2021 | -6.69 Mn |
| Jun 30, 2021 | -7,326.00 |
| Mar 31, 2021 | -9,263.00 |
| Dec 31, 2020 | 1.95 Mn |
| Sep 30, 2020 | 179,250.00 |
| Jun 30, 2020 | -2.00 Mn |
| Mar 31, 2020 | -44,241.00 |