Sales Of Liquor was Fortune Valley Treasures’s largest product and service line in fiscal 2023, bringing in $2.59M of $4.24M (61%).
| Product and Service | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|---|
| Sales Of Liquor | — | $3.10M | $3.88M | $2.59M | |
| Sales Of Water | $1.30M | $3.65M | $3.74M | $883.18K | |
| Sales Of Wine | $2.70M | — | — | — | |
| Sales Of Water Purifier | — | $673.54K | $1.20M | $552.97K | |
| Sales Of Oil | $493.28K | — | — | — | |
| Others | $510.19K | $597.05K | $417.49K | $205.78K | |
| Total | $5.01M | $8.02M | $9.23M | $4.24M |
Fortune Valley Treasures brought in $4.24M from its four product and service lines in fiscal 2023, the year ended December 31, 2023. That was down 54.1% from $9.23M in fiscal 2022. Sales Of Liquor was the largest at $2.59M (61.2%), ahead of Sales Of Water at $883.18K (20.8%) and Sales Of Water Purifier at $552.97K (13.1%). The remaining line, Others, brought in $205.78K.
Compared with fiscal 2022, every line above 2% of revenue shrank. Sales Of Liquor held up best, down 33.1% to $2.59M, and Sales Of Water fell the most, down 76.4% to $883.18K.
Fortune Valley Treasures began breaking out Sales Of Liquor in fiscal 2021 and Sales Of Water Purifier in fiscal 2021. Fortune Valley Treasures stopped reporting Sales Of Wine ($2.70M in fiscal 2020) and Sales Of Oil ($493.28K in fiscal 2020) as separate lines.
Fortune Valley Treasures (FVTI) reports its revenue by product and service. In fiscal 2023, Sales Of Liquor was its largest product and service line, bringing in $2.59M (61.2% of the total), followed by Sales Of Water at $883.18K (20.8%).
Sales Of Liquor was Fortune Valley Treasures' largest product and service line in fiscal 2023, bringing in $2.59M, or 61.2% of the $4.24M total across its four product and service lines.
Every figure comes from Fortune Valley Treasures' annual financial filings, as reported. Each line keeps the name Fortune Valley Treasures gives it, and years follow its fiscal calendar.
Fortune Valley Treasures' revenue by product and service goes back to fiscal 2019, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.