Fortune Valley Treasures, Inc. (FVTI) Revenue (2017 - 2024)
Fortune Valley Treasures (FVTI) reported Revenue of $247,061 for Q2 2024, down 80.6% from $1.27 million a year earlier and down 7.8% from the prior quarter.
Fortune Valley Treasures, Inc. (FVTI) Revenue (2017 - 2024) Analysis & Trends
Over the twelve months ended Jun 30, 2024, Fortune Valley Treasures' Revenue came in at $1.84 million, down 78.4% year-over-year; for FY2023, it was $4.24 million, down 54.1% from FY2022.
- Revenue has a five-year compound annual growth rate of 113.3% (FY2018 to FY2023).
- By year, Revenue came in at $9.23 million in FY2022 (+15.1%), $8.02 million in FY2021 (+60.3%), $5.01 million in FY2020 and $275,219 in FY2019 (+187.1%).
- The Q2 2024 figure ranks as the lowest quarterly Revenue since Q2 2020.
- Year over year, Revenue has now declined in each of the last five quarters, with an average decline of 35.2% over the last eight quarters.
- The high point for year-over-year Revenue in five years was Q3 2021 (growth of 607.2%); the low point was Q4 2023 (a decline of 84.6%).
- Per Business Quant data, the three quarters before Q2 2024 came in at $267,822 (Q1 2024), $418,960 (Q4 2023) and $909,719 (Q3 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 247,061.00 |
| Mar 31, 2024 | 267,822.00 |
| Dec 31, 2023 | 418,960.00 |
| Sep 30, 2023 | 909,719.00 |
| Jun 30, 2023 | 1.27 Mn |
| Mar 31, 2023 | 1.64 Mn |
| Dec 31, 2022 | 2.72 Mn |
| Sep 30, 2022 | 2.92 Mn |
| Jun 30, 2022 | 2.34 Mn |
| Mar 31, 2022 | 1.26 Mn |
| Dec 31, 2021 | 2.55 Mn |
| Sep 30, 2021 | 2.01 Mn |
| Jun 30, 2021 | 1.83 Mn |
| Mar 31, 2021 | 1.64 Mn |
| Dec 31, 2020 | 4.63 Mn |
| Sep 30, 2020 | 283,560.00 |
| Jun 30, 2020 | 69,176.00 |
| Mar 31, 2020 | 22,051.00 |
| Dec 31, 2019 | 95,685.00 |
| Sep 30, 2019 | 95,578.00 |
Fortune Valley Treasures, Inc. 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=revenue&ticker=FVTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=revenue&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();