Future FinTech Group Inc.

Listed Company

FTFTCIK 0001066923NasdaqNon-AcceleratedSmaller ReportingServices-Business Services, NecFloridaFY ends Dec 31

Period

FY 2025

Revenue

$3.83M

Net Income

$-4.62M

Total Assets

$53.29M

Equity

$43.96M

Shares Out

5.24M

Op. Cash Flow

$-31.77M

Business

Future FinTech Group Inc. is a holding company that currently operates primarily in supply-chain financing services and commodity trading. Its main products and services include supply chain financing and trading of bulk commodities (coal, aluminum ingots, sand and steel), and financial services provided through its Hong Kong licensed brokerage and investment banking subsidiary. Key business segments comprise supply-chain financing/trading in China and brokerage, underwriting and advisory services in Hong Kong. The company distributes services principally in mainland China and via licensed operations in Hong Kong.

Summary from filing dated 2025-04-15

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	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

As of · In millions, except per-share amounts

Concept	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

Year Ended · In millions, except per-share amounts

Concept	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	—

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