15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 59.7% per year over the past 5 years.
Operating margin has expanded, at -888.0% in the latest year.
Financial health
Total debt has grown slower than revenue (-33.4% vs 59.7% per year).
Operating income covered interest expense -265.3× in the latest year.
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$4M
-$5M
10.7%
-888.0%
-$32M
—
$2M
2024
$2M
-$33M
58.5%
-1555.3%
-$20M
—
$5M
2023
$22M
-$34M
5.2%
-108.7%
-$15M
—
$19M
2022
$24M
-$14M
22.6%
-70.4%
—
—
—
2021
$25M
$14M
7.2%
-52.7%
—
$1M
$50M
2020
$368726
-$89M
90.5%
-4080.7%
-$5M
—
$9M
2019
$941117
-$27M
47.8%
-805.8%
-$6M
—
$526844
2018
$888670
-$170M
-9.7%
-21438.4%
—
$16M
$19741
2017
$10M
-$103M
16.6%
-947.0%
—
$6M
$5M
2016
$34M
-$5M
26.7%
6.5%
—
—
$1M
2015
$86M
$3M
30.2%
11.9%
—
—
$50M
2014
$99M
$8M
29.6%
17.6%
—
—
$25M
2013
$79M
$13M
34.9%
23.0%
—
—
$67M
2012
$102M
$19M
32.3%
24.6%
—
—
$78M
2011
$84M
$14M
32.7%
22.7%
—
—
$61M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$212612
-$1M
34.4%
-623.2%
—
—
$1M
Dec '25
$1M
$66815
1.5%
40.6%
—
—
$2M
Sep '25
$1M
-$2M
9.2%
-158.3%
—
—
—
Jun '25
$605282
$2M
30.9%
-216.3%
—
—
—
Mar '25
$542131
-$5M
13.1%
-5651.1%
—
—
—
Dec '24
$139112
-$23M
59.1%
-18326.6%
-$5M
—
$5M
Sep '24
$1M
-$5M
60.6%
-433.1%
-$5M
—
$7M
Jun '24
$268989
-$2M
95.8%
-387.3%
-$4M
—
$10M
Mar '24
$679189
-$3M
40.5%
-279.9%
-$8M
—
—
Dec '23
-$9M
-$28M
30.0%
200.6%
-$7M
—
$19M
Sep '23
$24M
-$2M
5.9%
-10.6%
-$707683
—
$33M
Jun '23
$4M
-$1M
33.4%
-6.2%
$3M
—
—
Mar '23
$3M
-$2M
35.7%
-75.0%
-$10M
—
—
Dec '22
$1M
-$5M
71.2%
-641.7%
—
—
—
Sep '22
$12M
-$4M
12.5%
-38.8%
—
—
—
Jun '22
$7M
-$2M
18.5%
-38.3%
—
$178800
—
Mar '22
$3M
-$3M
51.6%
-77.2%
—
—
—
Dec '21
$13M
$26M
10.9%
-27.7%
—
$1M
$50M
Sep '21
$12M
-$10M
8.4%
-58.4%
—
—
$53M
Jun '21
$1M
-$403478
3.8%
-55.6%
-$3M
—
$72M
Valuation over time
How the market has priced FTFT against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has risen from 0.3× (Mar '23) to 1.0× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is FTFT growing its revenue and profit?
Over the past 5 years, Future FinTech Group Inc.'s revenue has grown 59.7% per year. These are computed facts, not advice.
How much debt does FTFT have?
As of FY2025, Future FinTech Group Inc. reported — of total debt against $2M of cash; operating income covered interest expense -265.3×.
What is FTFT's profit margin?
In FY2025, gross margin was 10.7%, operating margin -888.0%, and net margin -120.6%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.