Fortune Valley Treasures FVTI
OTC FVTI
$0.06 +0.00 (+0.00%)
At close: Sep 29, 2026 · 4:00 PM EDT

Fortune Valley Treasures, Inc. (FVTI) Tax Provisions (2017 - 2024)

Updated

Fortune Valley Treasures (FVTI) reported Tax Provisions of $90.00 for Q2 2024, down 99.6% from $21,528 a year earlier and down 71.8% from the prior quarter.

Analysis

Fortune Valley Treasures, Inc. (FVTI) Tax Provisions (2017 - 2024) Analysis & Trends

Over the twelve months ended Jun 30, 2024, Fortune Valley Treasures' Tax Provisions came in at $352.00, down 99.8% year-over-year; for FY2023, it was $96,445, down 48.3% from FY2022.

  • Tax Provisions has declined for three consecutive years, though with a five-year compound annual growth rate of 102.8% (FY2018 to FY2023).
  • By year, Tax Provisions came in at $186,480 in FY2022 (-25.1%), $248,837 in FY2021 (-18.9%), $306,928 in FY2020 and -$82.00 in FY2019.
  • Five-year quarterly Tax Provisions spans a low of -$70,187 in Q4 2021 and a high of $303,513 in Q4 2020.
  • Year over year, Tax Provisions gained in 1 of the last five quarters, with an average decline of 13.8%.
  • The high point for year-over-year Tax Provisions in five years was Q1 2023 (growth of 234.6%); the low point was Q2 2024 (a decline of 99.6%).
  • Per Business Quant data, the three quarters before Q2 2024 came in at $319.00 (Q1 2024), $1,849 (Q4 2023) and -$1,906 (Q3 2023).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2024 90.00
Mar 31, 2024 319.00
Dec 31, 2023 1,849.00
Sep 30, 2023 -1,906.00
Jun 30, 2023 21,528.00
Mar 31, 2023 74,974.00
Dec 31, 2022 -25,794.00
Sep 30, 2022 108,353.00
Jun 30, 2022 81,514.00
Mar 31, 2022 22,407.00
Dec 31, 2021 -70,187.00
Sep 30, 2021 156,402.00
Jun 30, 2021 96,267.00
Mar 31, 2021 66,355.00
Dec 31, 2020 303,513.00
Sep 30, 2020 3,415.00
Dec 31, 2019 -166.00
Sep 30, 2019 168.00
Jun 30, 2019 1.00
Mar 31, 2019 85.00
API Access

Fortune Valley Treasures, Inc. Tax Provisions 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=tax-provisions&ticker=FVTI&period=max&api_key=YOUR_API_KEY