Fortune Valley Treasures, Inc. (FVTI) Selling, General & Administrative (2015 - 2024)
Fortune Valley Treasures (FVTI) reported Selling, General & Administrative of $804,228 for Q2 2024, down 21.7% from $1.03 million a year earlier and down 22.3% from the prior quarter.
Fortune Valley Treasures, Inc. (FVTI) Selling, General & Administrative (2015 - 2024) Analysis & Trends
Over the twelve months ended Jun 30, 2024, Fortune Valley Treasures' Selling, General & Administrative came in at $5.5 million, down 5.1% year-over-year; for FY2023, it was $5.64 million, up 20.3% from FY2022.
- Selling, General & Administrative has increased for six consecutive years, with a five-year compound annual growth rate of 78.0% (FY2018 to FY2023).
- By year, Selling, General & Administrative came in at $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 ranks as the lowest quarterly Selling, General & Administrative since Q3 2022.
- Year over year, Selling, General & Administrative gained in five of the last eight quarters, with growth averaging 105.9%.
- The high point for year-over-year Selling, General & Administrative in five years was Q4 2020 (growth of 516.0%); the low point was Q2 2020 (a decline of 42.1%).
- Per Business Quant data, the three quarters before Q2 2024 came in at $1.04 million (Q1 2024), $2.13 million (Q4 2023) and $1.52 million (Q3 2023).
Peer Comparison
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 |
Fortune Valley Treasures, Inc. Selling, General & Administrative 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=selling-general-and-administrative&ticker=FVTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "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=selling-general-and-administrative&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();