Fortune Valley Treasures, Inc. (FVTI) Cost of Revenue (2017 - 2024)
Fortune Valley Treasures (FVTI) posted Cost of Revenue of $202,785 for Q2 2024, down 68.9% from $652,798 a year earlier and down 4.7% from the prior quarter.
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Analysis
Fortune Valley Treasures, Inc. (FVTI) Cost of Revenue (2017 - 2024) Analysis & Trends
For the trailing twelve months through Jun 30, 2024, Cost of Revenue at Fortune Valley Treasures was $1.34 million, down 68.9% year-over-year; for FY2023, it was $2.26 million, down 50.9% from FY2022.
- Annual Cost of Revenue shows a five-year compound annual growth rate of 117.3% (FY2018 to FY2023).
- In prior years, Fortune Valley Treasures' Cost of Revenue was $4.59 million in FY2022 (+25.5%), $3.66 million in FY2021 (+118.7%), $1.67 million in FY2020 (+673.9%) and $216,222 in FY2019 (+365.0%).
- The Q2 2024 figure stands as the lowest quarterly Cost of Revenue since Q2 2020.
- On a year-over-year basis, Cost of Revenue has declined in each of the last five quarters, with an average decline of 24.8% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q4 2019, with growth of 726.7%; the weakest was Q4 2023, with a decline of 78.9%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $212,889 (Q1 2024), $331,847 (Q4 2023) and $593,294 (Q3 2023).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 202,785.00 |
| Mar 31, 2024 | 212,889.00 |
| Dec 31, 2023 | 331,847.00 |
| Sep 30, 2023 | 593,294.00 |
| Jun 30, 2023 | 652,798.00 |
| Mar 31, 2023 | 677,367.00 |
| Dec 31, 2022 | 1.57 Mn |
| Sep 30, 2022 | 1.40 Mn |
| Jun 30, 2022 | 1.10 Mn |
| Mar 31, 2022 | 518,462.00 |
| Dec 31, 2021 | 1.26 Mn |
| Sep 30, 2021 | 875,418.00 |
| Jun 30, 2021 | 797,524.00 |
| Mar 31, 2021 | 729,743.00 |
| Dec 31, 2020 | 1.37 Mn |
| Sep 30, 2020 | 245,504.00 |
| Jun 30, 2020 | 39,917.00 |
| Mar 31, 2020 | 14,426.00 |
| Dec 31, 2019 | 78,752.00 |
| Sep 30, 2019 | 75,795.00 |
API Access
Fortune Valley Treasures, Inc. Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=FVTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "FVTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();