Future fintech group inc. (FTFT)
Income statement / Quarterly
Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenue

342

279

196

-770

308

788

562

283

4,443

2,776

2,958

8,150

10,590

10,229

5,436

47,155

10,548

12,165

16,571

40,471

34,827

11,978

11,783

30,552

19,472

10,349

18,611

45,961

28,563

12,837

14,993

34,958

17,437

12,210

19,414

18,188

13,396

Cost of goods sold

93

146

143

-599

459

615

499

-

4,519

1,484

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods sold

-

-

-

-

-

-

-

-

-

-

2,424

5,296

7,525

7,018

5,393

37,206

6,643

7,054

9,411

29,571

24,676

7,424

8,111

21,211

12,254

6,995

10,970

30,421

20,038

8,615

10,207

25,099

12,595

8,043

10,809

11,604

7,039

Gross profit

248

133

53

-170

-151

172

62

-17

-75

1,292

534

2,854

3,065

3,210

42

9,949

3,904

5,110

7,159

10,899

10,150

4,554

3,671

9,340

7,217

3,353

7,640

15,540

8,524

4,221

4,785

9,858

4,841

4,167

8,605

6,584

6,357

Operating Expenses
General and administrative expenses

1,284

1,545

1,482

2,982

2,577

3,635

2,749

-4,176

8,660

3,077

2,855

2,313

1,009

1,007

679

5,963

1,462

273

2,984

2,628

1,317

995

1,193

1,080

1,628

1,281

1,305

1,317

960

653

1,477

2,096

1,217

1,008

816

622

848

Selling expenses

289

509

79

-14,900

14,982

13

93

-8

221

311

194

-787

1,107

750

861

1,888

984

1,271

1,052

1,821

1,628

1,384

864

1,107

997

1,212

741

1,119

732

521

525

986

638

648

454

237

214

Research and development expenses

22

18

24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

-79

98

142

142

142

142

137

145

138

136

271

267

Impairment loss

46

-0

-22

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

1,596

2,072

1,563

166,378

17,559

3,648

2,843

85,500

8,882

3,388

3,050

1,526

2,117

1,757

1,541

7,851

2,447

1,544

4,037

4,449

2,945

2,380

2,057

2,189

2,625

2,414

2,145

2,579

1,835

1,318

2,145

3,219

2,000

1,795

1,407

1,131

1,329

Loss from operations

-1,348

-1,939

-1,510

-166,549

-17,710

-3,475

-2,780

-85,517

-8,958

-2,095

-2,515

1,327

948

1,453

-1,498

2,098

1,457

3,565

3,122

6,450

7,204

2,173

1,613

7,151

4,591

939

5,495

12,961

6,689

2,903

2,640

6,638

2,840

2,371

7,198

5,452

5,028

Other income (expense)
Interest income

0

3

0

-6

9

-1

0

-0

0

1

1

-1

13

15

131

40

47

230

33

278

75

238

73

88

76

82

71

80

77

87

69

53

81

65

76

20

24

Subsidy income

-

-

-

-

-

-

-

-

573

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Subsidy income

-

-

-

-

-

-

-

-

-

-342

0

524

8

-18

-531

-966

0

-49

-188

-99

-91

-37

-433

-314

-194

-435

-350

-1,508

-615

649

-433

-270

-50

-88

-483

-132

2,204

Interest expenses

124

127

198

364

399

415

445

2,337

112

595

30

-

688

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

790

208

472

1,714

598

1,099

1,174

811

1,749

812

880

475

351

277

271

213

248

154

201

308

176

163

214

216

Others

62

-15

29

2,395

-0

-0

-7

-

2,238

-312

-

214

-69

71

-9

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consulting fee related to capital lease

-

-

-

-

-

-

-

-

-

-

172

-

-

-

-

-

-0

0

0

-356

-20

-439

-442

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consulting fee related to capital lease

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

Others income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

-42

3

-

-

Change in fair value of warrant liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

10

Other expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-46

1

Total other income (expenses)

-61

-138

-168

2,024

-390

-417

-452

-5,224

2,698

-564

142

-269

-753

-684

444

532

-1,667

-318

-876

-1,152

-665

-1,914

-747

-477

-203

167

145

-456

479

488

347

-65

-176

20

392

-107

-2,003

Income (loss) before income tax

-

-

-

-

-

-

-

-

-

-

-

-

194

-

-1,053

-1,636

-210

3,247

2,245

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before income tax

-1,410

-2,078

-1,678

-164,524

-18,100

-3,893

-3,233

-90,742

-6,259

-2,659

-2,373

-

-

768

-1,053

-

-

-

-

-

6,539

259

865

6,673

4,387

1,106

5,640

12,505

7,169

3,391

2,987

6,573

2,664

2,391

7,590

5,345

7,031

Income tax provision

-

-

-

-

-

-

-

7

-1

198

61

717

250

633

0

2,474

159

1,070

562

2,177

1,822

102

228

1,702

1,130

322

1,483

3,161

1,917

864

928

1,669

726

763

1,929

1,395

1,922

Net loss

-1,410

-2,078

-1,678

-164,525

-18,100

-3,893

-3,233

-90,750

-6,257

-2,858

-2,434

353

-55

134

-1,066

-

-

-

-

-

4,621

-11

-1,047

6,022

3,836

2,970

4,192

10,102

4,697

1,715

2,069

6,747

3,097

3,234

6,388

4,773

5,291

Less: Net loss attributable to non-controlling interests

-325

-382

-350

-14,297

-508

-444

-490

-

-

-

166

-

364

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET LOSS ATTRIBUTABLE TO FUTURE FINTECH GROUP, INC.

-1,084

-1,695

-1,328

-150,227

-17,592

-3,448

-2,742

-

-

-

-2,601

-

-420

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued Operations (Note 10)
Loss from discontinued operations

-

-

-

4,061

1

0

-49

-14,520

-45

-48

-48

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-369

2,177

1,682

3,514

4,563

48

503

4,656

3,013

680

3,818

8,818

5,032

2,400

1,919

4,611

1,813

1,487

5,292

3,571

4,763

Less: Net loss attributable to non-controlling interests

-

-

-

-

-

-

-

-

2,971

-370

-

-

-

-249

12

370

55

88

183

364

153

107

133

-1,686

243

104

338

526

219

126

140

292

124

140

368

378

345

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET LOSS ATTRIBUTABLE TO FUTURE FINTECH GROUP, INC.

-1,084

-1,695

-1,328

-146,166

-17,590

-3,447

-2,791

-88,216

-9,229

-2,487

-2,649

-4,190

-420

384

-1,066

-214

-425

2,089

1,499

2,360

4,716

156

637

4,971

3,257

784

4,156

9,344

5,252

2,527

2,059

4,904

1,937

1,628

5,661

3,949

5,108

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET LOSS ATTRIBUTABLE TO FUTURE FINTECH GROUP, INC.

-

-

-

-

-

-

-

-

-9,274

-2,536

-

-

-

384

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive income (loss)
Foreign currency translation adjustment

-5,403

5,757

-565

-85,016

348

-2,814

2,301

-20,373

4,953

1,612

626

-13,250

228

-12,277

20,698

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency translation adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,172

-1,334

758

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive loss

-6,813

3,679

-2,244

-75,147

-17,750

-6,707

-981

-125,693

-1,349

-1,246

-1,857

-19,744

172

-5,095

14,647

3,351

-8,541

3,511

924

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,059

-

1,937

1,628

5,661

3,949

-

Net income

-1,084

-1,695

-1,328

-146,166

-17,590

-3,447

-2,791

-88,216

-9,229

-2,487

-2,649

-

-420

384

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,904

1,937

1,628

5,661

3,949

5,108

Foreign currency translation adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

-11

-1,705

1,502

904

2,518

411

1,378

-382

-715

156

2,218

1,342

1,810

1,141

1,334

528

Comprehensive income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,725

145

-1,068

7,159

3,918

3,198

4,229

-

-

-

2,215

7,122

3,280

3,438

6,802

5,284

5,637

Comprehensive Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,649

1,685

-

-

-

-

-

-

-

Comprehensive income (loss) attributable to non-controlling interests

1,248

-382

-350

-

977

-945

194

-9,181

-1,195

618

124

21,699

24

-7,046

4,997

-11

-128

109

166

571

104

156

-154

1,136

81

227

37

-46

-47

-29

146

375

182

203

413

511

-345

COMPREHENSIVE INCOME/ (LOSS) ATTRIBUTABLE TO FUTURE FINTECH GROUP, INC.

-8,062

4,062

-1,894

-74,921

-18,728

-5,762

-1,176

-116,511

-153

-1,864

-1,982

-37,344

148

-12,142

19,645

3,213

-8,413

3,401

907

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss per share:
Basic loss per share from continued operations

-0.03

-0.05

-0.04

-6.46

-0.94

-0.23

-0.41

-15.08

-1.89

-0.49

-0.63

0.27

-0.28

0.12

-0.30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic loss per share from discontinued operations

-

-

-

-

-

-

-0.01

-2.99

-0.01

-0.01

-0.01

-1.22

0.00

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic loss per share from net income

-0.03

-0.05

-0.04

-6.26

-0.94

-0.23

-0.42

-18.07

-1.90

-0.50

-0.64

-0.95

-0.28

0.12

-0.30

-

-

-

-

-

-

-

-

-

-

0.03

-

0.33

0.19

0.09

0.07

0.17

0.07

0.06

0.20

0.15

0.22

Diluted loss per share:
Diluted loss per share from continued operations

-0.03

-0.05

-0.04

-6.35

-0.93

-0.23

-0.41

-12.75

-1.86

-0.49

-0.62

0.27

-0.28

0.12

-0.30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted loss per share from discontinued operations

-

-

-

-

-

-

-0.01

-2.59

-0.01

-0.01

-0.01

-1.22

0.00

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted loss per share from net income

-0.03

-0.05

-0.04

-6.16

-0.93

-0.23

-0.42

-15.34

-1.87

-0.50

-0.63

-0.95

-0.28

0.12

-0.30

-

-

-

-

-

-

-

-

-

-

0.03

-

0.33

0.19

0.09

0.07

0.17

0.07

0.06

0.20

0.15

0.22

Basic and diluted net income(loss) per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.01

-0.02

0.08

0.06

0.11

0.17

0.00

0.02

-

0.11

-

0.14

-

-

-

-

-

-

-

-

-

-

Weighted average number of shares outstanding
Basic

31,340

31,174

31,017

46,124

18,680

15,097

6,642

6,003

4,751

4,537

4,147

4,492

3,887

3,807

3,548

-

-

-

-

-

-

-

-

-

-

26,661

-

26,665

26,251

25,820

25,690

25,690

25,690

25,690

25,690

22,437

20,185

Diluted

32,009

31,844

31,686

46,929

18,907

15,324

6,705

8,744

4,814

4,599

4,209

4,492

3,887

3,807

3,548

-

-

-

-

-

-

-

-

-

-

26,661

-

26,661

26,661

26,661

26,661

26,660

26,661

26,661

26,662

23,510

21,481

Basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27,328

26,661

26,661

26,661

26,661

26,661

26,661

26,661

-

26,661

-

26,661

-

-

-

-

-

-

-

-

-

-