What is Future FinTech Group Inc.'s earnings per share (EPS)?

Future FinTech Group Inc. (FTFT) reported diluted earnings per share of -$2.31 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Future FinTech Group Inc. (FTFT) Financials

FTFT

FY2025 annual

Revenue $3.8M +81.1% YoY

Net Income -$3.3M +89.9% YoY

EPS (Diluted) -$2.31 YoY not available

Free Cash Flow -$31.8M -55.2% YoY

Market Cap $18.6M as of Oct 17, 2026

Price / Sales 5.7x on $3.2M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 0.4x on $44.4M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 17, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 14, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FTFT SEC filings page.

Future FinTech Group Inc. (FTFT) reported $3.8M in revenue for fiscal year 2025, up 81.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI FTFT FY2025 2026-10-10

The business has become smaller and cash-hungry: revenue remained a fraction of FY2021 while operating costs overwhelmed gross profit.

Cash conversion deteriorated as sales recovered: operating cash flow moved from an outflow of $20.4M in FY2024 to $31.8M in FY2025, indicating additional sales did not translate into cash.

Margin performance is unstable rather than scale-driven: gross margin moved from 58.6% in FY2024 to 10.7% in FY2025, so the prior year's improvement did not establish a durable margin structure. With FY2025 net margin at -87.3%, gross profit still could not absorb the broader cost base.

The balance sheet was less leveraged in FY2025: debt-to-equity fell to 0.2x from 1.6x in FY2024, reducing borrowing's role in financing the business. Yet reported cash and investments equaled only 1.3 months of FY2025 operating outflow, so improved solvency ratios did not eliminate near-term funding pressure.

Financial Health Signals

Financial Health Score 25/100

Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Future FinTech Group Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway

Future FinTech Group Inc. held $3.4M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $31.8M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Future FinTech Group Inc. scores 6/100 among other emerging companies.

Dilution

Future FinTech Group Inc. had 5M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Future FinTech Group Inc. scores 85/100 among other emerging companies.

R&D Intensity

Not available for Future FinTech Group Inc., and counted as zero in the overall score.

Revenue Progress

Future FinTech Group Inc. reported revenue of $3.8M in fiscal year 2025, against $2.1M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Future FinTech Group Inc. scores 6/100 among other emerging companies.

Burn Trend

Future FinTech Group Inc.'s operations used $31.8M of cash in fiscal year 2025, against $20.4M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Future FinTech Group Inc. scores 17/100 among other emerging companies.

Balance Sheet

Future FinTech Group Inc.'s cash, cash equivalents and investments came to $3.4M at the end of fiscal year 2025, against $9.3M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Future FinTech Group Inc. scores 37/100 among other emerging companies.

Altman Z-Score Distress

-5.75

Future FinTech Group Inc. scores -5.75, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($18.6M) relative to total liabilities ($9.3M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

3/8

Future FinTech Group Inc. passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality No Cash Backing

N/A

Future FinTech Group Inc. reported a net loss of $3.3M while operations used $31.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

Future FinTech Group Inc. reported an operating loss of $34.0M against $128K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$333K

YoY-43.9%

QoQ+56.8%

Future FinTech Group Inc. generated $333K in revenue in Q2 2026. This represents a decrease of 43.9% from the same quarter a year earlier. Against the prior quarter it is up 56.8%.

EBITDA

-$1.9M

YoY-43.0%

QoQ-47.1%

Future FinTech Group Inc.'s EBITDA was -$1.9M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 43.0% from the same quarter a year earlier. Against the prior quarter it is down 47.1%.

Net Income

-$1.9M

YoY-204.2%

QoQ-51.3%

Future FinTech Group Inc. reported -$1.9M in net income in Q2 2026. This represents a decrease of 204.2% from the same quarter a year earlier. Against the prior quarter it is down 51.3%.

EPS (Diluted)

-$1.26

Future FinTech Group Inc. earned -$1.26 per diluted share (EPS) in Q2 2026.

Cash & Balance Sheet

Cash & Debt

$1.9M

YoY-66.8%

QoQ+42.7%

5Y CAGR-51.6%

10Y CAGR-29.1%

Future FinTech Group Inc. held $1.9M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

32M

5Y CAGR-14.4%

Future FinTech Group Inc. had 32M shares outstanding in Q2 2026.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

58.1%

YoY+28.0pp

QoQ+23.7pp

Future FinTech Group Inc.'s gross margin was 58.1% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 28.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 23.7 percentage points.

Return on Equity

-4.3%

YoY-17.1pp

QoQ-1.4pp

Future FinTech Group Inc.'s ROE was -4.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 17.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.4 percentage points.

Operating Margin

Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Net Margin

Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Capital Allocation

None of these metrics is reported for Q2 2026.

FTFT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FTFT quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$3.2M	$3.8M+81.1%	$2.1M-85.2%	$14.3M-40.0%	$23.9M-4.7%	$25.1M+6693.9%	$369K-60.8%	$941K+5.9%	$889K-91.5%	$10.5M-69.6%	$34.4M-60.2%	$86.4M-12.7%	$99.1M+25.4%	$79.0M-22.8%	$102.4M+21.8%	$84.0M
Cost of Revenue	$2.8M	$3.4M+290.4%	$876K-95.7%	$20.6M	N/A	$23.2M+66285.7%	$35K-92.9%	$491K-49.6%	$975K-88.8%	$8.7M-65.4%	$25.2M-58.2%	$60.3M-13.6%	$69.8M+35.7%	$51.4M-25.8%	$69.3M+22.5%	$56.5M
Gross Profit	$425K	$408K-67.0%	$1.2M+119.8%	-$6.3M-215.9%	$5.4M+199.4%	$1.8M+440.0%	$334K-25.8%	$450K+621.0%	-$86K-105.0%	$1.7M-81.1%	$9.2M-64.9%	$26.1M-10.8%	$29.3M+6.3%	$27.6M-16.7%	$33.1M+20.4%	$27.5M
R&D Expenses	N/A	N/A	$313K-8.1%	$340K-87.3%	$2.7M+282.7%	$698K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$20K-96.5%	$570K+2.3%	$557K
SG&A Expenses	$4.0M	$4.3M-7.6%	$4.7M-35.1%	$7.2M+3812.3%	$185K+221.6%	$58K+3840.0%	$1K-99.9%	$1.7M-85.5%	$11.9M+14.7%	$10.4M+107.9%	$5.0M-53.1%	$10.7M+74.2%	$6.1M+437.2%	$1.1M+191.7%	$392K-92.4%	$5.1M
Operating Income	-$5.3M	-$34.0M-3.4%	-$32.9M-39.4%	-$23.6M-40.3%	-$16.8M-27.3%	-$13.2M+12.2%	-$15.0M-98.4%	-$7.6M+96.0%	-$190.5M-92.3%	-$99.1M-4541.2%	$2.2M-78.2%	$10.2M-41.3%	$17.4M-4.0%	$18.2M-27.9%	$25.2M+32.3%	$19.0M
EBITDA	N/A	-$34.0M-3.4%	-$32.8M-41.1%	-$23.3M-39.9%	-$16.6M-26.4%	-$13.2M+12.6%	-$15.0M-417.3%	-$2.9M	N/A	-$98.4M-1385.2%	$7.7M-57.1%	$17.9M-22.5%	$23.0M-1.3%	$23.3M-21.6%	$29.8M+31.8%	$22.6M
Interest Expense	$312K	$128K+65.7%	$77K+8573.0%	$892-99.9%	$1.3M+373.0%	$277K+59656.5%	$464-100.0%	$7.3M	N/A	N/A	$1.7M-57.3%	$3.9M-14.6%	$4.5M+129.2%	$2.0M+123.3%	$889K+4.6%	$850K
Income Tax	N/A	N/A	N/A	N/A	$457K+522.1%	$73K	N/A	N/A	$237-99.9%	$266K-83.4%	$1.6M-62.5%	$4.3M-1.5%	$4.3M-6.6%	$4.6M-32.5%	$6.9M+35.0%	$5.1M
Net Income	-$3.8M	-$3.3M+89.9%	-$33.0M+3.3%	-$34.1M-150.4%	-$13.6M-195.9%	$14.2M	N/A	-$27.1M+84.1%	-$170.0M-65.7%	-$102.6M-1838.3%	-$5.3M-279.5%	$2.9M-62.5%	$7.9M-40.2%	$13.2M-31.3%	$19.2M+35.7%	$14.1M
EPS (Basic)	N/A	-$2.31+96.3%	-$62.99-2662.7%	-$2.28-140.0%	-$0.95-210.5%	$0.86+7.5%	$0.80+201.3%	-$0.79+89.9%	-$7.85+62.8%	-$21.11-1397.2%	-$1.41-1381.8%	$0.11-63.3%	$0.30-34.8%	$0.46-32.4%	$0.68+36.0%	$0.50
EPS (Diluted)	—	-$2.31	-$63.00	-$2.27-138.9%	-$0.95	-$1.00-142.9%	$2.33	-$0.80	-$7.74	-$18.34-1200.7%	-$1.41	$0.11-63.3%	$0.30-34.8%	$0.46-32.4%	$0.68+36.0%	$0.50
Diluted Shares (Avg)	N/A	2M	524,255	15M+1.8%	15M	14M-68.4%	43M	32M	22M	6M+42.1%	4M	N/A	N/A	27M0.0%	27M0.0%	27M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$333K-43.9%	$213K-60.8%	$1.4M+883.8%	$1.3M+29.0%	$594K+121.0%	$542K-20.2%	$139K	$1.0M-95.7%
Cost of Revenue	$140K-66.4%	$139K-70.4%	$1.3M	$1.2M+197.4%	$415K	$471K+16.6%	N/A	$404K
Gross Profit	$194K+8.3%	$73K+3.1%	$36K-56.3%	$122K-80.4%	$179K-30.5%	$71K-74.2%	$82K	$623K-55.9%
R&D Expenses	N/A	N/A	N/A	N/A	N/A	$1.6M+32.6%	-$880K	$655-96.1%
SG&A Expenses	$631K-26.0%	$1.4M-10.7%	$596K+134.6%	$1.3M-16.2%	$852K-40.2%	$1.6M-54.1%	-$1.7M	$1.6M-58.3%
Operating Income	-$1.9M-44.5%	-$1.3M+95.7%	$43K+100.2%	-$2.1M+52.8%	-$1.3M-26.3%	-$30.6M-1511.3%	-$25.5M	-$4.4M-76.0%
EBITDA	-$1.9M-43.0%	-$1.3M+95.8%	$57K	-$2.1M	-$1.3M-30.5%	-$30.6M-1653.2%	N/A	N/A
Interest Expense	$140K+1832.4%	$58K+734.4%	$80K+807.7%	$34K-25.3%	$7K-65.4%	$7K-68.2%	-$11K	$46K-77.4%
Net Income	-$1.9M-204.2%	-$1.3M+72.1%	$1.3M+105.8%	-$2.0M+59.7%	$1.9M+205.2%	-$4.6M-37.5%	-$23.0M	-$4.9M-102.6%
EPS (Basic)	-$1.26-113.0%	-$0.25+96.7%	-$1.10+98.1%	-$0.33+86.4%	$9.72+1204.5%	-$7.48-347.9%	-$57.99-3001.1%	-$2.42-1412.5%
EPS (Diluted)	-$1.26	-$0.25	-$1.09+98.1%	-$0.33	$9.71	-$7.55	-$58.00	-$2.42
Diluted Shares (Avg)	2M	5M	N/A	6M	190,678	612,824	N/A	2M

Not reported in any period shown, so not listed: Income Tax.

FTFT Balance Sheet

FTFT quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$53.3M+50.2%	$35.5M-41.8%	$60.9M-28.3%	$85.0M-7.2%	$91.7M+475.3%	$15.9M-86.3%	$116.0M+84.3%	$62.9M-67.0%	$190.7M-27.1%	$261.7M-3.2%	$270.4M-3.2%	$279.4M+19.9%	$233.1M+19.4%	$195.2M+21.8%	$160.3M
Current Assets	$50.8M+67.6%	$30.3M-44.4%	$54.5M-16.5%	$65.3M-10.3%	$72.7M+366.3%	$15.6M-84.5%	$100.3M+315.2%	$24.2M-61.0%	$62.0M-39.0%	$101.6M-10.1%	$113.0M+8.0%	$104.6M-9.1%	$115.1M-14.5%	$134.6M+29.4%	$104.0M
Cash & Equivalents	$2.4M-49.7%	$4.8M-74.9%	$19.0M-31.1%	$27.6M-45.1%	$50.3M+433.4%	$9.4M+1689.0%	$527K+2568.8%	$20K-99.6%	$4.6M+301.1%	$1.1M-97.7%	$50.0M+99.0%	$25.1M-62.4%	$66.9M-13.8%	$77.6M+26.8%	$61.2M
Short-Term Investments	$1K+2.3%	$1K-99.9%	$959K-2.9%	$988K-54.9%	$2.2M	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	N/A	N/A	N/A	$518K+580.4%	$76K	N/A	$4K-94.3%	$63K-97.0%	$2.1M-31.0%	$3.0M-11.7%	$3.4M-16.4%	$4.1M-6.0%	$4.4M-39.8%	$7.3M+18.8%	$6.1M
Accounts Receivable	$605K-71.0%	$2.1M-52.6%	$4.4M-43.4%	$7.8M-14.3%	$9.1M	$0-100.0%	$5K-93.2%	$73K-99.6%	$17.2M+134.2%	$7.3M-85.4%	$50.1M-24.8%	$66.6M+94.8%	$34.2M-30.9%	$49.4M+37.3%	$36.0M
Long-Term Investments	$986K-35.5%	$1.5M	$0	$0	$0	$0-100.0%	$12.3M-18.3%	$15.0M-77.8%	$67.5M+2320.2%	$2.8M-6.4%	$3.0M-5.8%	$3.2M+4231.7%	$73K+3.1%	$71K	$0
Goodwill	N/A	N/A	N/A	$14.0M-10.3%	$15.6M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$9.3M-59.2%	$22.9M+23.5%	$18.5M-4.2%	$19.3M+79.0%	$10.8M+50.0%	$7.2M-96.5%	$204.1M+36.4%	$149.6M-5.1%	$157.7M+72.4%	$91.5M+4.6%	$87.4M-6.3%	$93.3M+82.4%	$51.2M+61.0%	$31.8M+42.0%	$22.4M
Current Liabilities	$8.2M-63.8%	$22.7M+28.0%	$17.7M-4.5%	$18.6M+156.8%	$7.2M+4.7%	$6.9M-96.6%	$203.2M+73.4%	$117.2M-0.7%	$118.0M+53.3%	$77.0M+8.8%	$70.7M+1.4%	$69.8M+61.6%	$43.2M+35.9%	$31.8M+92.8%	$16.5M
Non-Current Liabilities	$1.1M+480.9%	$193K-75.8%	$797K+4.8%	$761K-78.7%	$3.6M+1113.0%	$294K-65.4%	$852K-97.4%	$32.5M-18.4%	$39.8M+174.4%	$14.5M-13.3%	$16.7M-29.1%	$23.6M+194.8%	$8.0M	$0-100.0%	$5.9M
Long-Term Debt	N/A	N/A	N/A	N/A	$188K	N/A	N/A	$32.5M+45.8%	$22.3M	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$44.0M+203.9%	$14.5M-67.1%	$44.0M-34.3%	$67.0M-17.8%	$81.4M+827.8%	$8.8M+109.5%	-$92.4M-1.3%	-$91.3M-824.0%	$12.6M-90.7%	$135.0M-24.2%	$178.1M-1.8%	$181.4M-0.3%	$182.0M+11.3%	$163.4M+18.5%	$137.9M
Retained Earnings	-$223.5M-2.1%	-$218.9M-17.7%	-$185.9M-22.1%	-$152.3M-9.9%	-$138.6M-11.4%	-$124.4M+41.7%	-$213.3M-13.4%	-$188.1M-7914.9%	-$2.3M-102.3%	$100.2M-5.2%	$105.8M+2.9%	$102.8M+8.3%	$95.0M+14.7%	$82.8M+28.1%	$64.6M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$52.9M+115.4%	$51.9M+119.5%	$53.3M+50.2%	$54.3M+1.8%	$24.6M-57.8%	$23.6M-60.5%	$35.5M-41.8%	$53.4M-24.3%
Current Assets	$50.7M+149.7%	$49.5M+159.7%	$50.8M+67.6%	$50.3M+11.5%	$20.3M-60.4%	$19.1M-64.4%	$30.3M-44.4%	$45.1M-10.9%
Cash & Equivalents	$1.9M-66.8%	$1.3M-69.7%	$2.4M-49.7%	$6.9M+5.7%	$5.8M-41.1%	$4.4M-63.4%	$4.8M-74.9%	$6.5M-80.4%
Short-Term Investments	$0-100.0%	$0-100.0%	$1K+2.3%	$1K	$1K	$1K	$1K-99.9%	$0-100.0%
Accounts Receivable	$687K-58.2%	$671K-59.6%	$605K-71.0%	$1.4M-57.9%	$1.6M-68.7%	$1.7M-64.1%	$2.1M-52.6%	$3.4M+5.8%
Long-Term Investments	$842K-19.8%	$723K-52.8%	$986K-35.5%	$844K-53.8%	$1.1M+49.7%	$1.5M	$1.5M	$1.8M
Total Liabilities	$8.5M-15.1%	$8.4M-34.2%	$9.3M-59.2%	$11.0M-38.0%	$10.0M-46.0%	$12.7M-30.4%	$22.9M+23.5%	$17.7M+46.7%
Current Liabilities	$7.6M-14.4%	$7.3M-42.2%	$8.2M-63.8%	$9.8M-41.9%	$8.8M-50.2%	$12.6M-28.3%	$22.7M+28.0%	$16.8M+46.3%
Non-Current Liabilities	$954K-20.2%	$1.1M+635.8%	$1.1M+480.9%	$1.2M+43.5%	$1.2M+39.9%	$151K-79.8%	$193K-75.8%	$806K+57.1%
Total Equity	$44.4M+205.4%	$43.5M+298.5%	$44.0M+203.9%	$43.4M+16.0%	$14.5M-64.8%	$10.9M-74.7%	$14.5M-67.1%	$37.4M-37.6%
Retained Earnings	-$226.7M-2.3%	-$224.8M-0.6%	-$223.5M-2.1%	-$223.6M-14.1%	-$221.6M-16.0%	-$223.5M-18.1%	-$218.9M-17.7%	-$195.9M-23.7%

Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.

FTFT Cash Flow Statement

FTFT quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	-$16.5M	-$31.8M-55.5%	-$20.4M-40.3%	-$14.6M-641.4%	$2.7M+114.4%	-$18.7M-257.0%	-$5.2M+66.9%	-$15.8M-224.6%	-$4.9M-120.6%	$23.7M+168.7%	-$34.4M-133.0%	$104.3M+2396.5%	$4.2M-83.2%	$24.9M+26.4%	$19.7M-24.2%	$26.0M
Depreciation & Amortization	N/A	$57K0.0%	$57K-82.7%	$329K+77.9%	$185K+221.6%	$58K+3840.0%	$1K-100.0%	$4.7M	N/A	$674K-87.6%	$5.4M-28.8%	$7.6M+36.1%	$5.6M+8.3%	$5.2M+12.5%	$4.6M+29.4%	$3.6M
Stock-Based Compensation	N/A	$1.1M+61.7%	$671K-80.7%	$3.5M+59.6%	$2.2M-65.9%	$6.4M-10.5%	$7.1M+913.9%	$703K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	$4K-89.1%	$34K-48.1%	$66K	N/A	N/A	$3K-40.4%	$5K	N/A	N/A	$8.7M+3021.3%	$280K-98.2%	$15.4M+21.9%	$12.6M+79.3%	$7.0M-9.7%	$7.8M
Free Cash Flow	N/A	-$31.8M-55.2%	-$20.5M-39.9%	-$14.6M	N/A	N/A	-$5.3M+66.9%	-$15.8M	N/A	N/A	-$43.2M-141.5%	$104.0M+1027.8%	-$11.2M-191.2%	$12.3M-3.0%	$12.7M-30.3%	$18.2M
Investing Cash Flow	N/A	N/A	N/A	N/A	-$14.2M-26.9%	-$11.2M-379689.0%	-$3K+93.9%	-$48K	N/A	N/A	-$21.0M-1.1%	-$20.8M+48.8%	-$40.6M+32.3%	-$60.0M-585.7%	-$8.8M+32.4%	-$12.9M
Financing Cash Flow	N/A	N/A	N/A	-$1.8M-624.6%	-$252K-100.4%	$69.3M+322.0%	$16.4M+409.0%	$3.2M+1967.8%	$156K+100.8%	-$19.9M+17.4%	-$24.1M+60.1%	-$60.4M-1069.7%	-$5.2M-123.5%	$22.0M+321.0%	$5.2M+231.1%	-$4.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	$60K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	-$1.7M-253.0%	-$1.5M+92.2%	-$3.1M+32.2%	-$10.2M-100.0%	$1.1M+132.3%	-$19.6M-164.8%	-$4.5M+36.7%	-$5.1M-997.2%
Depreciation & Amortization	$21K	$46K+224.4%	$14K0.0%	$29K	$0-100.0%	$14K-90.8%	$14K+285.8%	N/A
Stock-Based Compensation	$1.4M	N/A	N/A	N/A	N/A	$1.1M	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	$428-99.9%	-$321K+33.3%
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	-$4.5M+39.3%	-$5.4M-669.0%
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$1.3M-43.5%
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	-$6K-100.2%	N/A	-$1.0M+64.6%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

FTFT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FTFT quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	10.7%-47.9pp	58.6%+102.2pp	-43.7%-66.3pp	22.6%+15.4pp	7.2%-83.3pp	90.5%+42.7pp	47.8%+57.5pp	-9.7%-26.3pp	16.6%-10.1pp	26.7%-3.6pp	30.2%+0.7pp	29.5%-5.3pp	34.9%+2.6pp	32.3%-0.4pp	32.7%
Operating Margin	-888.0%	-1555.3%	-164.8%	-70.4%-17.7pp	-52.7%	-4080.7%	-805.8%	-21438.4%	-947.0%	6.5%-5.4pp	11.8%-5.8pp	17.6%-5.4pp	23.0%-1.6pp	24.6%+1.9pp	22.7%
Net Margin	-87.3%	-1558.6%	-238.3%	-57.1%-113.8pp	56.7%	N/A	-2876.8%	-19129.4%	-980.4%	-15.4%-18.8pp	3.4%-4.5pp	8.0%-8.7pp	16.7%-2.1pp	18.7%+1.9pp	16.8%
Return on Equity	-7.6%+220.5pp	-228.1%-150.6pp	-77.6%-57.2pp	-20.3%-37.8pp	17.4%	N/A	N/A	N/A	-813.7%-809.8pp	-3.9%-5.6pp	1.7%-2.7pp	4.3%-2.9pp	7.2%-4.5pp	11.7%+1.5pp	10.3%
Return on Assets	-6.3%+86.7pp	-93.0%-37.0pp	-56.0%-40.0pp	-16.0%-31.5pp	15.5%	N/A	-23.3%+246.7pp	-270.1%-216.3pp	-53.8%-51.8pp	-2.0%-3.1pp	1.1%-1.7pp	2.8%-2.8pp	5.7%-4.2pp	9.8%+1.0pp	8.8%
Current Ratio	6.18+4.8x	1.34-1.7x	3.07-0.4x	3.51-6.5x	10.06+7.8x	2.26+1.8x	0.49+0.3x	0.21-0.3x	0.53-0.8x	1.32-0.3x	1.60+0.1x	1.50-1.2x	2.67-1.6x	4.24-2.1x	6.31
Debt-to-Equity	0.21-1.4x	1.58+1.2x	0.42+0.1x	0.29+0.3x	0.00-0.8x	0.82	N/A	N/A	1.77+1.1x	0.68+0.2x	0.490.0x	0.51+0.2x	0.28+0.1x	0.190.0x	0.16
Asset Turnover	0.070.0x	0.06-0.2x	0.230.0x	0.280.0x	0.27+0.3x	0.020.0x	0.010.0x	0.010.0x	0.05-0.1x	0.13-0.2x	0.320.0x	0.350.0x	0.34-0.2x	0.520.0x	0.52
FCF Margin	-829.7%	-968.0%	-102.2%	N/A	N/A	-1424.5%	-1683.6%	N/A	N/A	-125.4%	120.3%	-11.3%-26.9pp	15.6%+3.2pp	12.4%-9.3pp	21.6%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	58.1%+28.0pp	34.4%+21.3pp	2.6%-56.5pp	9.2%-51.4pp	30.1%-65.7pp	13.1%-27.4pp	59.1%	60.6%+54.7pp
Operating Margin	-570.4%	-623.1%	3.1%	-158.3%	-221.3%	-5651.1%	-18326.6%	-433.1%
Net Margin	-578.8%	-599.7%	98.3%	-148.4%	311.5%	-843.6%	-16525.5%	-475.0%
Return on Equity	-4.3%-17.1pp	-2.9%+38.9pp	3.1%+162.3pp	-4.5%+8.5pp	12.7%+17.0pp	-41.9%-34.2pp	-159.2%	-13.0%-9.0pp
Return on Assets	-3.6%-11.2pp	-2.5%+16.9pp	2.5%+67.4pp	-3.6%+5.5pp	7.5%+10.6pp	-19.3%-13.8pp	-64.9%	-9.1%-5.7pp
Current Ratio	6.71+4.4x	6.82+5.3x	6.18+4.8x	5.14+2.5x	2.30-0.6x	1.52-1.5x	1.34-1.7x	2.68-1.7x
Debt-to-Equity	0.19-0.5x	0.19-1.0x	0.21-1.4x	0.25-0.2x	0.69+0.2x	1.16+0.7x	1.58+1.2x	0.47+0.3x
Asset Turnover	0.010.0x	0.000.0x	0.030.0x	0.020.0x	0.020.0x	0.020.0x	0.00	0.02-0.3x
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	-3249.0%	-529.8%

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Future FinTech Group Inc. FTFT	FY2025	$3.8M	-$3.3M	-87.3%	$18.6M	25/100
Infobird Co., Ltd IFBD	FY2025	$8.7M	-$53.6M	N/A	$6.8M	54/100
3 E Network Technology Group Ltd MASK	FY2025	$4.8M	$765K	15.8%	$2.9M	68/100
Versus Systems Inc. VS	FY2025	$2.2M	-$1.8M	-82.1%	$6.5M	35/100
Jet.AI Inc. JTAI	FY2025	$9.2M	$4.6M	50.0%	$4.3M	33/100

Where Future FinTech Group Inc. Ranks

Frequently Asked Questions

What is Future FinTech Group Inc.'s annual revenue?

Future FinTech Group Inc. (FTFT) reported $3.8M in total revenue for fiscal year 2025. This represents a 81.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Future FinTech Group Inc.'s revenue growing?

Future FinTech Group Inc. (FTFT) revenue grew by 81.1% year-over-year, from $2.1M to $3.8M in fiscal year 2025.

Is Future FinTech Group Inc. profitable?

No, Future FinTech Group Inc. (FTFT) reported a net income of -$3.3M in fiscal year 2025, with a net profit margin of -87.3%.

What is Future FinTech Group Inc.'s EBITDA?

Future FinTech Group Inc. (FTFT) had EBITDA of -$34.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Future FinTech Group Inc.'s gross margin?

Future FinTech Group Inc. (FTFT) had a gross margin of 10.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Future FinTech Group Inc.'s net profit margin?

Future FinTech Group Inc. (FTFT) had a net profit margin of -87.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Future FinTech Group Inc.'s return on equity (ROE)?

Future FinTech Group Inc. (FTFT) has a return on equity of -7.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Future FinTech Group Inc.'s free cash flow?

Future FinTech Group Inc. (FTFT) recorded an outflow of $31.8M in free cash flow during fiscal year 2025. This represents a -55.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Future FinTech Group Inc.'s operating cash flow?

Future FinTech Group Inc. (FTFT) recorded an outflow of $31.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Future FinTech Group Inc.'s total assets?

Future FinTech Group Inc. (FTFT) had $53.3M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Future FinTech Group Inc.'s capital expenditures?

Future FinTech Group Inc. (FTFT) invested $4K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Future FinTech Group Inc. have outstanding?

Future FinTech Group Inc. (FTFT) had 5M shares outstanding as of fiscal year 2025.

What is Future FinTech Group Inc.'s current ratio?

Future FinTech Group Inc. (FTFT) had a current ratio of 6.18 as of fiscal year 2025, which is generally considered healthy.

What is Future FinTech Group Inc.'s debt-to-equity ratio?

Future FinTech Group Inc. (FTFT) had a debt-to-equity ratio of 0.21 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Future FinTech Group Inc.'s return on assets (ROA)?

Future FinTech Group Inc. (FTFT) had a return on assets of -6.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Future FinTech Group Inc.'s P/E ratio?

Future FinTech Group Inc. (FTFT) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $18.6M as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Future FinTech Group Inc.'s price-to-sales ratio?

Future FinTech Group Inc. (FTFT) trades at 5.7x sales, its market capitalization divided by revenue of $3.2M revenue, trailing 12 months to June 30, 2026. The market capitalization is $18.6M as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does Future FinTech Group Inc.'s liquidity compare with its operating cash outflow?

At the end of fiscal year 2025, Future FinTech Group Inc. (FTFT) held $3.4M in cash, cash equivalents and investments, and reported an operating cash outflow of $31.8M over that year. Dividing the one by the other, the reported balance equals about 1 month of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is Future FinTech Group Inc.'s Altman Z-Score?

Future FinTech Group Inc. (FTFT) has an Altman Z-Score of -5.75, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Future FinTech Group Inc.'s Piotroski F-Score?

Future FinTech Group Inc. (FTFT) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Future FinTech Group Inc.'s earnings high quality?

Future FinTech Group Inc. (FTFT) reported a net loss of $3.3M while operations used $31.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Future FinTech Group Inc. cover its interest payments?

Future FinTech Group Inc. (FTFT) reported an operating loss of $34.0M against $128K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Future FinTech Group Inc.?

Future FinTech Group Inc. (FTFT) scores 25 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.