Future FinTech Group Inc. FTFT Income Statement

Future fintech group inc. (FTFT)

Income statement / TTM

Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenue
47	14	522	888	1,942	6,077	8,066	10,463	18,330	24,477	31,929	34,407	73,412	73,369	75,305	86,440	79,755	104,034	103,848	99,060	89,141	73,786	72,158	78,986	94,395	103,486	105,973	102,356	91,352	80,226	79,600	84,021	67,251	63,211	0	0	0
Cost of goods sold
-216	149	618	975	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of goods sold
-	-	-	-	-	-	-	-	-	-	22,264	25,233	57,143	56,261	56,297	60,315	52,680	70,713	71,083	69,783	61,424	49,003	48,574	51,433	60,642	68,426	70,046	69,283	63,961	56,519	55,946	56,548	43,052	37,496	0	0	0
Gross profit
264	-135	-95	-86	66	142	1,262	1,734	4,605	7,747	9,665	9,173	16,268	17,108	19,008	26,124	27,075	33,321	32,764	29,276	27,717	24,783	23,583	27,552	33,752	35,060	35,927	33,072	27,391	23,707	23,653	27,472	24,198	25,715	0	0	0
Operating Expenses
General and administrative expenses
7,293	8,587	10,677	11,944	4,785	10,869	10,310	10,416	16,906	9,255	7,185	5,010	8,659	9,113	8,379	10,684	7,348	7,203	7,925	6,134	4,587	4,898	5,184	5,296	5,533	4,865	4,237	4,409	5,188	5,444	5,799	5,138	3,664	3,295	0	0	0
Selling expenses
-14,020	671	175	188	15,080	320	618	719	-59	826	1,265	1,932	4,607	4,484	5,005	5,196	5,129	5,773	5,887	5,699	4,985	4,354	4,182	4,058	4,070	3,806	3,114	2,899	2,766	2,671	2,798	2,728	1,979	1,555	0	0	0
Research and development expenses
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	161	303	526	570	564	568	563	557	691	813	0	0	0
Impairment loss
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
171,611	187,574	189,150	190,430	109,552	100,875	100,614	100,821	16,846	10,081	8,451	6,942	13,267	13,597	13,384	15,880	12,478	12,977	13,813	11,834	9,573	9,253	9,287	9,375	9,765	8,975	7,878	7,878	8,519	8,684	9,162	8,423	6,335	5,664	0	0	0
Loss from operations
-171,347	-187,709	-189,246	-190,516	-109,485	-100,732	-99,352	-99,087	-12,241	-2,334	1,213	2,231	3,001	3,510	5,623	10,244	14,596	20,343	18,951	17,442	18,143	15,529	14,295	18,177	23,987	26,085	28,049	25,194	18,871	15,022	14,490	19,048	17,862	20,050	0	0	0
Other income (expense)
Interest income
-2	6	1	1	7	-1	0	1	0	14	28	158	200	234	449	351	590	618	626	666	476	476	321	319	311	312	316	314	288	292	270	277	244	187	0	0	0
Subsidy income
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subsidy income
-	-	-	-	-	-	-	-	-	191	514	-16	-1,507	-1,516	-1,547	-1,204	-337	-428	-416	-661	-876	-980	-1,378	-1,295	-2,490	-2,911	-1,826	-1,908	-670	-105	-843	-893	-755	1,500	0	0	0
Interest expenses
814	1,088	1,377	1,624	3,597	3,311	3,490	3,076	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	3,187	2,994	3,885	4,586	3,682	4,834	4,547	4,254	3,917	2,519	1,983	1,374	1,113	1,010	888	818	912	840	849	862	771	0	0	0
Others
2,472	2,409	2,424	2,387	0	0	0	-	0	0	-	207	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consulting fee related to capital lease
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-356	-377	-817	-1,260	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consulting fee related to capital lease
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Others income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-
Change in fair value of warrant liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Total other income (expenses)
1,655	1,327	1,049	764	-6,484	-3,395	-3,543	-2,948	2,007	-1,445	-1,565	-1,262	-460	-1,374	-1,008	-2,329	-4,015	-3,012	-4,608	-4,480	-3,804	-3,343	-1,261	-368	-346	337	657	859	1,250	594	126	171	129	-1,697	0	0	0
Income (loss) before income tax
-	-	-	-	-	-	-	-	-	-	-	-	0	-	347	3,646	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss before income tax
-169,691	-186,382	-188,197	-189,752	-115,970	-104,128	-102,895	-102,035	0	0	0	-	-	0	0	-	-	-	-	-	14,338	12,186	13,033	17,808	23,640	26,422	28,707	26,054	20,122	15,617	14,617	19,220	17,991	22,359	0	0	0
Income tax provision
-	-	-	-	-	-	-	266	975	1,228	1,663	1,601	3,359	3,268	3,704	4,267	3,969	5,633	4,665	4,331	3,856	3,163	3,383	4,639	6,098	6,885	7,426	6,871	5,379	4,188	4,087	5,089	4,814	6,011	0	0	0
Net loss
-169,692	-186,382	-188,197	-189,752	-115,977	-104,134	-103,100	-102,301	-11,197	-4,995	-2,002	-633	0	0	0	-	-	-	-	-	9,585	8,800	11,782	17,022	21,102	21,962	20,707	18,584	15,228	13,628	15,148	19,467	17,494	19,688	0	0	0
Less: Net loss attributable to non-controlling interests
-15,355	-15,538	-15,601	-15,741	0	0	0	-	-	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET LOSS ATTRIBUTABLE TO FUTURE FINTECH GROUP, INC.
-154,336	-170,844	-172,596	-174,010	0	0	0	-	-	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operations (Note 10)
Loss from discontinued operations
-	-	-	4,013	-14,569	-14,615	-14,663	-14,662	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,005	11,938	9,810	8,630	9,772	8,223	8,854	12,168	16,330	18,348	20,069	18,170	13,963	10,744	9,832	13,205	12,165	15,114	0	0	0
Less: Net loss attributable to non-controlling interests
-	-	-	-	-	-	-	-	0	0	-	-	-	189	527	698	692	789	809	759	-1,292	-1,202	-1,206	-1,000	1,212	1,188	1,211	1,012	779	683	697	926	1,011	1,232	0	0	0
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET LOSS ATTRIBUTABLE TO FUTURE FINTECH GROUP, INC.
-150,274	-166,781	-168,533	-169,997	-112,047	-103,685	-102,725	-102,583	-18,557	-9,749	-6,876	-5,292	-1,316	-1,321	383	2,948	5,523	10,666	8,733	7,871	10,482	9,022	9,649	13,169	17,542	19,537	21,280	19,182	14,742	11,428	10,529	14,131	13,177	16,347	0	0	0
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET LOSS ATTRIBUTABLE TO FUTURE FINTECH GROUP, INC.
-	-	-	-	-	-	-	-	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive income (loss)
Foreign currency translation adjustment
-85,227	-79,475	-88,048	-85,180	-20,538	-15,933	-11,506	-13,181	-6,058	-10,783	-24,672	-4,599	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency translation adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive loss
-80,526	-91,463	-101,851	-100,588	-151,133	-134,731	-129,270	-130,145	-24,196	-22,674	-26,523	-10,018	13,076	4,361	12,968	-754	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	13,177	0	0	0	-
Net income
-150,274	-166,781	-168,533	-169,997	-112,047	-103,685	-102,725	-102,583	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,131	13,177	16,347	0	0	0
Foreign currency translation adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-206	689	3,220	5,336	5,212	3,925	691	437	1,277	3,001	5,526	6,511	5,628	4,814	0	0	0
Comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,962	10,154	13,208	18,506	0	0	0	-	-	-	16,056	20,643	18,805	21,162	0	0	0
Comprehensive Income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-
Comprehensive income (loss) attributable to non-controlling interests
0	0	0	-	-8,954	-11,127	-9,564	-9,633	21,246	22,467	14,802	19,674	-2,036	-2,189	4,967	136	719	951	998	678	1,243	1,221	1,292	1,483	300	171	-86	23	444	674	908	1,175	1,311	783	0	0	0
COMPREHENSIVE INCOME/ (LOSS) ATTRIBUTABLE TO FUTURE FINTECH GROUP, INC.
-80,815	-91,481	-101,306	-100,588	-142,178	-123,604	-119,706	-120,512	-41,344	-41,043	-51,320	-29,693	10,864	2,302	17,846	-890	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	-	-	-	-	-	-	-	-	-	-