Fortune Valley Treasures, Inc. (FVTI) Goodwill & Intangibles (2020 - 2024)
Fortune Valley Treasures (FVTI) reported Goodwill & Intangibles of $46,364 for Q2 2024, down 93.3% from $687,710 a year earlier and down 52.6% from the prior quarter.
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Analysis
Fortune Valley Treasures, Inc. (FVTI) Goodwill & Intangibles (2020 - 2024) Analysis & Trends
At the end of FY2023, Fortune Valley Treasures posted Goodwill & Intangibles of $151,639, down 81.6% from FY2022.
- Goodwill & Intangibles has declined for three consecutive years, with a three-year compound annual growth rate of -67.5% (FY2020 to FY2023).
- By year, Goodwill & Intangibles came in at $825,127 in FY2022 (-77.6%), $3.69 million in FY2021 (-16.1%) and $4.4 million in FY2020.
- The Q2 2024 figure ranks as the lowest quarterly Goodwill & Intangibles in data going back to Q3 2020.
- Year over year, Goodwill & Intangibles has now declined in each of the last 12 quarters, with an average decline of 75.1% over the last eight quarters.
- Over the past five years, the year-over-year decline in Goodwill & Intangibles ranged from 16.1% (Q4 2021) to 93.3% (Q2 2024).
- Per Business Quant data, the three quarters before Q2 2024 came in at $97,776 (Q1 2024), $151,639 (Q4 2023) and $630,129 (Q3 2023).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 46,364.00 |
| Mar 31, 2024 | 97,776.00 |
| Dec 31, 2023 | 151,639.00 |
| Sep 30, 2023 | 630,129.00 |
| Jun 30, 2023 | 687,710.00 |
| Mar 31, 2023 | 775,231.00 |
| Dec 31, 2022 | 825,127.00 |
| Sep 30, 2022 | 2.73 Mn |
| Jun 30, 2022 | 3.10 Mn |
| Mar 31, 2022 | 3.48 Mn |
| Dec 31, 2021 | 3.69 Mn |
| Sep 30, 2021 | 3.83 Mn |
| Jun 30, 2021 | 4.03 Mn |
| Mar 31, 2021 | 4.22 Mn |
| Dec 31, 2020 | 4.40 Mn |
| Sep 30, 2020 | 10.09 Mn |
API Access
Fortune Valley Treasures, Inc. Goodwill & Intangibles 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=goodwill-and-intangibles&ticker=FVTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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=goodwill-and-intangibles&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();