Fortune Valley Treasures, Inc. (FVTI) Operating Expenses (2015 - 2024)
Fortune Valley Treasures' Operating Expenses was $804,228 in Q2 2024, down 21.7% from $1.03 million a year earlier and down 22.3% from the prior quarter.
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Analysis
Fortune Valley Treasures, Inc. (FVTI) Operating Expenses (2015 - 2024) Analysis & Trends
On a trailing twelve-month basis, Fortune Valley Treasures' Operating Expenses was $5.5 million through Jun 30, 2024, down 5.1% year-over-year; for FY2023, it came in at $5.64 million, up 20.3% from FY2022.
- Operating Expenses has now increased for six consecutive years, with a five-year compound annual growth rate of 78.0% (FY2018 to FY2023).
- In earlier years, Operating Expenses was $4.69 million in FY2022 (+123.6%), $2.1 million in FY2021 (+139.9%), $873,505 in FY2020 (+98.8%) and $439,340 in FY2019 (+39.3%).
- The Q2 2024 figure marks the lowest quarterly Operating Expenses since Q3 2022.
- Compared with a year earlier, Operating Expenses was higher in five of the last eight quarters, with growth averaging 105.9%.
- The best year-over-year quarter for Operating Expenses over five years was Q4 2020 (growth of 516.0%); the worst was Q2 2020 (a decline of 42.1%).
- Per Business Quant data, FVTI's Operating Expenses in the three quarters before Q2 2024 was $1.04 million (Q1 2024), $2.13 million (Q4 2023) and $1.52 million (Q3 2023).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 804,228.00 |
| Mar 31, 2024 | 1.04 Mn |
| Dec 31, 2023 | 2.13 Mn |
| Sep 30, 2023 | 1.52 Mn |
| Jun 30, 2023 | 1.03 Mn |
| Mar 31, 2023 | 951,395.00 |
| Dec 31, 2022 | 3.34 Mn |
| Sep 30, 2022 | 472,131.00 |
| Jun 30, 2022 | 347,657.00 |
| Mar 31, 2022 | 527,286.00 |
| Dec 31, 2021 | 664,111.00 |
| Sep 30, 2021 | 499,928.00 |
| Jun 30, 2021 | 449,872.00 |
| Mar 31, 2021 | 481,577.00 |
| Dec 31, 2020 | 451,442.00 |
| Sep 30, 2020 | 183,571.00 |
| Jun 30, 2020 | 127,631.00 |
| Mar 31, 2020 | 110,861.00 |
| Dec 31, 2019 | 73,290.00 |
| Sep 30, 2019 | 98,483.00 |
API Access
Fortune Valley Treasures, Inc. Operating Expenses 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=operating-expenses&ticker=FVTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();