Future FinTech Group Inc.
Business
Future FinTech Group Inc. is a holding company that currently operates supply-chain financing and trading services in China, along with brokerage and investment banking services in Hong Kong through its subsidiary FTFT International Securities and Futures Limited. The company also offers listing readiness and preparatory consulting services to private companies evaluating public offerings. The company previously operated blockchain e-commerce platforms and asset management services but has exited or significantly scaled down those businesses.
Summary from 10-K filed 2026-03-18
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 4 | 2 | 22 | 24 | 25 | |
| Cost | 3 | 876,471 | 21 | — | — | |
| Gross profit | 408,320 | 1 | 1 | 5 | 2 | |
| General and administrative expenses | 4 | 5 | 7 | 14 | 8 | |
| Stock-based compensation | 1 | 670,980 | 3 | — | — | |
| Selling expenses | 848,313 | 635,918 | 288,314 | 808,358 | 366,071 | |
| Allowance for credit losses/doubtful accounts | 28 | 28 | −787,868 | 26,440 | −1,823 | |
| Total operating expenses | 34 | 34 | 25 | 22 | 15 | |
| Loss from operations | −34 | −33 | −24 | −17 | −13 | |
| Interest income | 61,807 | 691,257 | 1 | 1 | — | |
| Interest expenses | −128,170 | −107,732 | −892 | — | — | |
| Amortization of debt issuance costs | −20,475 | — | — | — | — | |
| Gain on Debt Restructuring | 3 | — | — | — | — | |
| Other income (expenses), net | 167,758 | −1 | −11 | 2 | 1 | |
| Total other income (expenses), net | 3 | −853,406 | −9 | 3 | 1 | |
| Loss from Continuing Operations before Income Tax | −31 | −34 | −33 | −13 | −12 | |
| Income tax provision | — | — | — | −456,598 | — | |
| Deferred income tax | — | — | −7,833 | — | — | |
| Loss from Continuing Operations | −31 | −34 | −33 | −14 | −12 | |
| Loss from discontinued operations | −119,292 | −494,837 | — | — | — | |
| Gain on disposal of discontinued operations | 28 | 1 | 386,482 | −154 | — | |
| NET LOSS | −3 | −33 | −34 | −14 | −14 | |
| Less: Net Income (Loss) attributable to non-controlling interests of discontinued operations | 2 | −223,815 | −108,046 | — | — | |
| Less: Net Loss attributable to non-controlling interests of continued operations | — | — | −254,625 | — | −610,990 | |
| Net loss attributable to Future Fintech Group, Inc. | −5 | −33 | −34 | −14 | — | |
| Foreign currency translation - Continuing Operations | 563,560 | −192,446 | −494,786 | −3 | −124,441 | |
| Comprehensive Loss - Continuing Operations | −30 | −34 | −33 | — | — | |
| Income from discontinued operations | 28 | 559,318 | −1 | −307,195 | −2 | |
| Foreign currency translation - Discontinued Operations | −187,182 | 152,884 | 23,515 | — | −75,407 | |
| Comprehensive Income - Discontinued Operations | 28 | 712,202 | −1 | −307,195 | −2 | |
| Comprehensive Loss | −2 | −33 | −34 | −17 | −14 | |
| COMPREHENSIVE LOSS ATTRIBUTABLE TO FUTURE FINTECH GROUP, INC. | −4 | −33 | −34 | −17 | −14 | |
| Basic earnings per share from continuing operation (in Dollars per share) | −15.52 | −64.49 | −2.21 | −0.93 | −0.86 | |
| Basic earnings per share from discontinued operation (in Dollars per share) | 13.21 | 1.5 | −0.07 | −0.95 | −1.04 | |
| Earnings (loss) per share (in Dollars per share) | −2.31 | −62.99 | −2.28 | −0.95 | — | |
| Diluted earnings per share from continuing operation (in Dollars per share) | −15.52 | −64.49 | −2.2 | −0.93 | −0.82 | |
| Diluted earnings per share from discontinued operation (in Dollars per share) | 13.21 | 1.49 | −0.07 | — | −0.04 | |
| Diluted Earnings (loss) per share (in Dollars per share) | −2.31 | −63 | −2.27 | −0.95 | −1 | |
| Basic (in Shares) | 2 | 523,202 | 15 | 14 | 13 | |
| Diluted (in Shares) | 2 | 524,255 | 15 | 15 | 14 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 2 | 5 | — | — | — | |
| Restricted cash | 3 | — | — | 4 | — | |
| Short - term investment | 1,423 | 1,391 | 960,000 | 990,000 | 2 | |
| Accounts receivable, net | 605,236 | 2 | 4 | 8 | 9 | |
| Other receivables, net | 11 | 11 | 8 | 3 | 2 | |
| Contract assets | 1,436 | — | — | — | — | |
| Investment Funds | 30 | — | — | — | — | |
| Advances to suppliers and other current assets, net | 4 | 4 | 3 | — | — | |
| Loan receivables | — | 139,113 | 15 | — | — | |
| Assets related to discontinued operation-current | — | 8 | 6 | 296,654 | 157 | |
| TOTAL CURRENT ASSETS | 51 | 30 | 54 | 65 | 73 | |
| Property and equipment, net | 149,904 | 238,233 | 3 | 4 | 3 | |
| Right of use assets - operating lease | 203,828 | 368,982 | 448,035 | 1 | 113,163 | |
| Intangible assets, net | 475,466 | 532,822 | 588,982 | 518,069 | 76,140 | |
| Debt investment | 711,359 | 2 | — | — | — | |
| Long-term receivable, net | 986,345 | — | — | — | — | |
| Assets related to discontinued operation-Non current | — | 3 | 3 | — | — | |
| TOTAL ASSETS | 53 | 35 | 61 | 85 | 92 | |
| Accounts payable | 3 | 2 | 3 | 4 | 79 | |
| Accrued expenses and other payables | 2 | 10 | 12 | 2 | — | |
| Advances from customers | 223,472 | 30,559 | 303,711 | — | — | |
| Convertible notes payables | 2 | 553,086 | 1 | — | — | |
| Lease liability - current | 174,423 | 179,207 | 353,268 | 294,944 | 113,163 | |
| Liability related to discontinued operation | — | 10 | 1 | 114,556 | — | |
| TOTAL CURRENT LIABILITIES | 8 | 23 | 18 | 19 | 7 | |
| Other non-current liabilities | 1 | — | — | — | — | |
| Lease liability-non-current | 30,929 | 192,754 | 106,525 | 760,962 | — | |
| TOTAL NON-CURRENT LIABILITIES | 1 | 192,754 | 797,344 | 760,962 | 4 | |
| TOTAL LIABILITIES | 9 | 23 | 19 | 19 | 11 | |
| Common stock, $0.001 par value; 150,000,000 shares authorized; 5,048,328 shares and 611,771 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively* | 5,048 | 612 | 17,835 | 14,646 | 14,036 | |
| Additional paid-in capital | 271 | 237 | 234 | 223 | — | |
| Statutory reserve | 98,357 | 98,357 | — | — | — | |
| Accumulated deficits | −224 | −219 | −186 | −152 | −139 | |
| Accumulated other comprehensive loss | −4 | −4 | −4 | — | −597,862 | |
| Total FUTURE FINTECH GROUP INC. stockholders equity | 44 | 14 | 44 | 67 | 81 | |
| Non-controlling interests | — | −2 | −2 | −1 | −590,761 | |
| TOTAL STOCKHOLDERS EQUITY | 44 | 13 | 42 | 66 | 81 | |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY | 53 | 35 | 61 | 85 | 92 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation | 95,630 | 116,018 | 201,363 | 185,151 | 57,563 | |
| Loss from disposal of property and equipment | 214 | 60 | — | — | — | |
| Amortization | 57,035 | 57,035 | — | — | 57,563 | |
| Gain on Debt Restructuring | −3 | — | 12,633 | 909,663 | — | |
| Interest expenses related to convertible note | 73,628 | 77,363 | — | — | — | |
| Accounts receivable | 846,711 | 3 | 6 | 285,648 | −8 | |
| Other receivable | −27 | −11 | −7 | −1 | −2 | |
| Contract assets | −1,436 | — | — | — | — | |
| Advances to suppliers and other current assets | −894,107 | −5 | — | — | −3 | |
| Operating lease assets and liabilities | −1,455 | −7,248 | 11,757 | — | — | |
| Accounts payable | 1 | −1 | −4 | 4 | 3 | |
| Accrued expenses and other payables | −2 | −1 | — | — | — | |
| Advances from customers | 192,913 | −273,152 | −929,882 | — | — | |
| Other non-current liabilities | 1 | — | — | — | — | |
| Net Cash Used in Operating Activities from Continuing Operations | −32 | −20 | −15 | −2 | −19 | |
| Net Cash Provided by Operating Activities from Discontinued Operations | 29 | 9 | −24,066 | −288,286 | 1 | |
| Additions to property and equipment | −3,720 | −34,056 | −65,653 | — | — | |
| Debt investment | 839,997 | −2 | — | — | — | |
| Increase of Financial Products | — | −1,391 | — | — | — | |
| Payment for loan receivable | — | −140,416 | −10 | — | — | |
| Repayment of loan receivable | 140,000 | — | −10 | −20 | −6 | |
| Reserve for business acquisition | −30 | — | — | — | — | |
| Net Cash Used in Investing Activities from Continuing Operations | −29 | −2 | 9 | −14 | — | |
| Net Cash Used in Investing Activities from Discontinued Operations | — | — | −745,440 | −218,667 | — | |
| Proceeds from the issuance of common stock, net of issuance costs | 30 | 3 | — | — | — | |
| Proceeds received from investors for convertible notes payable of pre-delivery ordinary shares | 1,445 | — | — | — | — | |
| Proceeds from convertible notes payables | 2 | — | 1 | — | — | |
| Proceeds from (Payment made for) amounts due from related parties, net | 20,000 | −7,849 | 83,055 | — | −1 | |
| Repayment of amounts due to related parties, net | −48,347 | −94,535 | — | — | — | |
| Net Cash Provided by Financing Activities from Continuing Operations | 32 | 2 | −2 | — | — | |
| Net Cash Provided by Financing Activities from Discontinued Operations | — | — | 582,056 | — | — | |
| Effect of Exchange Rate Changes on Cash and Restricted Cash | 42,297 | −141,708 | — | — | — | |
| Net Increase (Decrease) in Cash and Restricted Cash | 312,053 | −11 | −9 | −21 | 41 | |
| Issuance of common stocks for conversion of debts | 572,746 | 625,000 | — | — | — | |
| Debt settlement by issuance of common stock | 470,800 | — | — | — | — | |
| Cash paid for interest | — | 108,454 | — | 11,696 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Future FinTech Group Inc.'s CIK number?
Future FinTech Group Inc.'s SEC CIK number is 0001066923 (1066923). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Future FinTech Group Inc.'s SEC filings?
All of Future FinTech Group Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.