Future FinTech Group Inc. Segments Disclosure
20. SEGMENT REPORTING
In its operation of the business, management, including the Company’s chief operating decision maker, who is the Company’s , reviews certain financial information, including segmented internal profit and loss statements prepared on a basis consistent with GAAP. The Company operates in three segments starting in fiscal 2021: “supply chain financing service and trading business” and “others”. As described in Note 17. DISCONTINUED OPERATIONS, certain subsidiaries were sold, dissolved or deregistered, resulting in material changes to the Company’s business operations. Consequently, the Company has reorganized its operations into the following three reportable segments: (1) Fast-Moving Consumer Goods (FMCG), (2) Trading Commission and Consulting services and (3) supply chain financing service and trading business.
The Company began to provide supply chain financing services during the second quarter of 2021. The Company began to provide sand and steel supply chain financing services during the first quarter of 2023. The Company began to provide brokerage services in October 2023. During the last quarter of fiscal year 2024, the Company commenced operations in the Fast-Moving Consumer Goods (FMCG) sector.
Some of the Company’s operations might not individually meet the quantitative thresholds for determining reportable segments and the Company determines the reportable segments based on the discrete financial information provided to the chief operating decision maker. The chief operating decision maker evaluates the results of each segment in assessing performance and allocating resources among the segments. Since there is an overlap of services and products between different subsidiaries of the Company, the Company does not allocate operating expenses and assets based on the product segments. Therefore, operating expenses and asset information by segment are not presented. Segment profit represents the gross profit of each reportable segment.
For the year ended December 31, 2025
| Fast-Moving Consumer Goods | Trading Commission and Consulting services | Supply Chain Financing/ Trading | Total | |||||||||||||
| Reportable segment revenue | $ | 3,259,845 | $ | 568,611 | $ | 1,349 | $ | 3,829,805 | ||||||||
| Inter-segment loss | ||||||||||||||||
| Revenue from external customers | 3,259,845 | 568,611 | 1,349 | 3,829,805 | ||||||||||||
| Segment gross profit | $ | 33,144 | $ | 373,829 | $ | 1,347 | $ | 408,320 | ||||||||
For the year ended December 31, 2024
| Fast-Moving Consumer Goods | Trading Commission and Consulting services | Supply Chain Financing/ Trading | Total | |||||||||||||
| Reportable segment revenue | $ | 25,537 | $ | 1,131,165 | $ | 957,708 | $ | 2,114,410 | ||||||||
| Inter-segment loss | ||||||||||||||||
| Revenue from external customers | 25,537 | 1,131,165 | 957,708 | 2,114,410 | ||||||||||||
| Segment gross profit | $ | 138 | $ | 1,074,048 | $ | 163,753 | $ | 1,237,939 | ||||||||
Loss before Income Tax:
| For the Years Ended December 31, | ||||||||
| 2025 | 2024 | |||||||
| Supply Chain Financing/Trading | $ | 233 | $ | 3,629,218 | ||||
| Fast-Moving Consumer Goods | 561,911 | 96,718 | ||||||
| Trading Commission and Consulting services | 2,139,466 | 2,266,520 | ||||||
| Corporate and Unallocated | 28,652,964 | 28,984,488 | ||||||
| Total operating expenses and other expenses | 31,354,574 | 34,976,944 | ||||||
| Loss before income tax | $ | (30,946,254 | ) | $ | (33,739,005 | ) | ||
Segment assets as of December 31, 2025 and 2024:
| December 31, 2025 | December 31, 2024 | |||||||
| Supply Chain Financing/Trading | $ | 2,969,945 | $ | 13,860,708 | ||||
| Fast-Moving Consumer Goods | 379,700 | 302,791 | ||||||
| Trading Commission and Consulting services | 5,584,242 | 2,556,543 | ||||||
| Corporate and Unallocated | 44,353,447 | 8,058,078 | ||||||
| Assets related to discontinued operations | 10,703,556 | |||||||
| Total assets | $ | 53,287,334 | $ | 35,481,676 | ||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 18, 2026 | Showing above |
| 2024 | Apr 15, 2025 | |
| 2023 | Apr 16, 2024 | |
| 2022 | Apr 19, 2023 | |
| 2021 | Apr 15, 2022 | |
| 2020 | Apr 15, 2021 | |
| 2019 | Jun 2, 2020 | |
| 2018 | Sep 3, 2019 | |
| 2017 | Apr 16, 2018 | |
| 2016 | Apr 17, 2017 | |
| 2015 | Nov 28, 2016 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.