Fortune Valley Treasures, Inc. (FVTI) Prepaid Assets (2016 - 2024)
Fortune Valley Treasures (FVTI) posted Prepaid Assets of $3.75 million for Q2 2024, up 30.2% from $2.88 million a year earlier but down 2.3% from the prior quarter.
Fortune Valley Treasures, Inc. (FVTI) Prepaid Assets (2016 - 2024) Analysis & Trends
At the end of FY2023, Fortune Valley Treasures' Prepaid Assets came in at $4 million, up 33.0% from FY2022.
- Annual Prepaid Assets has increased for three consecutive years, with a five-year compound annual growth rate of 246.5% (FY2018 to FY2023).
- In prior years, Fortune Valley Treasures' Prepaid Assets was $3.01 million in FY2022 (+38.1%), $2.18 million in FY2021 (+467.1%), $383,808 in FY2020 and $7,185 in FY2019 (-10.2%).
- Quarterly Prepaid Assets has run from a low of $7,185 in Q4 2019 to a high of $4 million in Q4 2023 over five years.
- On a year-over-year basis, Prepaid Assets has increased in each of the last eight quarters, with growth averaging 26.8% over the last eight quarters.
- The strongest year-over-year quarter for Prepaid Assets in the past five years was Q4 2021, with growth of 467.1%; the weakest was Q4 2019, with a decline of 10.2%.
- According to Business Quant data, Prepaid Assets for the three prior quarters was $3.84 million (Q1 2024), $4 million (Q4 2023) and $3.66 million (Q3 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 3.75 Mn |
| Mar 31, 2024 | 3.84 Mn |
| Dec 31, 2023 | 4.00 Mn |
| Sep 30, 2023 | 3.66 Mn |
| Jun 30, 2023 | 2.88 Mn |
| Mar 31, 2023 | 3.08 Mn |
| Dec 31, 2022 | 3.01 Mn |
| Sep 30, 2022 | 2.51 Mn |
| Jun 30, 2022 | 2.44 Mn |
| Mar 31, 2022 | 2.63 Mn |
| Dec 31, 2021 | 2.18 Mn |
| Sep 30, 2021 | 2.35 Mn |
| Jun 30, 2021 | 2.58 Mn |
| Mar 31, 2021 | 2.11 Mn |
| Dec 31, 2020 | 383,808.00 |
| Sep 30, 2020 | 146,677.00 |
| Jun 30, 2020 | 14,000.00 |
| Mar 31, 2020 | 17,000.00 |
| Dec 31, 2019 | 7,185.00 |
| Sep 30, 2019 | 11,000.00 |
Fortune Valley Treasures, Inc. Prepaid Assets 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=prepaid-assets&ticker=FVTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();