Fortune Valley Treasures, Inc. (FVTI) Tax Provisions (2017 - 2024)
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.
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 Comparison
Historic Data
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();