Fortune Valley Treasures, Inc. (FVTI) Gross Profit (2017 - 2024)
Fortune Valley Treasures' Gross Profit was $44,276 in Q2 2024, down 92.9% from $619,799 a year earlier and down 19.4% from the prior quarter.
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Analysis
Fortune Valley Treasures, Inc. (FVTI) Gross Profit (2017 - 2024) Analysis & Trends
On a trailing twelve-month basis, Fortune Valley Treasures' Gross Profit was $502,747 through Jun 30, 2024, down 88.1% year-over-year; for FY2023, it came in at $1.98 million, down 57.3% from FY2022.
- Gross Profit shows a five-year compound annual growth rate of 109.3% (FY2018 to FY2023).
- In earlier years, Gross Profit was $4.64 million in FY2022 (+6.4%), $4.36 million in FY2021 (+30.9%), $3.33 million in FY2020 and $58,997 in FY2019 (+19.5%).
- The Q2 2024 figure marks the lowest quarterly Gross Profit since Q3 2020.
- Compared with a year earlier, Gross Profit has declined for five straight quarters, with an average decline of 44.6% over the last eight quarters.
- The best year-over-year quarter for Gross Profit over five years was Q2 2020 (growth of 219.1%); the worst was Q1 2024 (a decline of 94.3%).
- Per Business Quant data, FVTI's Gross Profit in the three quarters before Q2 2024 was $54,933 (Q1 2024), $87,113 (Q4 2023) and $316,425 (Q3 2023).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 44,276.00 |
| Mar 31, 2024 | 54,933.00 |
| Dec 31, 2023 | 87,113.00 |
| Sep 30, 2023 | 316,425.00 |
| Jun 30, 2023 | 619,799.00 |
| Mar 31, 2023 | 957,922.00 |
| Dec 31, 2022 | 1.15 Mn |
| Sep 30, 2022 | 1.51 Mn |
| Jun 30, 2022 | 1.24 Mn |
| Mar 31, 2022 | 743,348.00 |
| Dec 31, 2021 | 1.29 Mn |
| Sep 30, 2021 | 1.13 Mn |
| Jun 30, 2021 | 1.03 Mn |
| Mar 31, 2021 | 914,417.00 |
| Dec 31, 2020 | 3.26 Mn |
| Sep 30, 2020 | 38,056.00 |
| Jun 30, 2020 | 29,259.00 |
| Mar 31, 2020 | 7,625.00 |
| Dec 31, 2019 | 16,933.00 |
| Sep 30, 2019 | 19,783.00 |
API Access
Fortune Valley Treasures, Inc. Gross Profit 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=gross-profit&ticker=FVTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();