Future Fintech | 10-K: FY2025 Revenue: USD 3.83 M

Revenue: As of FY2025, the actual value is USD 3.83 M.

EPS: As of FY2025, the actual value is USD -2.31.

EBIT: As of FY2025, the actual value is USD -33.94 M.

Overall Financial Performance (Continuing Operations)

Revenue

• Revenue increased by $1,715,395 (81.13%) to $3,829,805 in 2025 from $2,114,410 in 2024 .

Cost of Revenue

• Cost of revenue increased by $2,545,014 (290.37%) to $3,421,485 in 2025 from $876,471 in 2024 .

Gross Profit

• Gross profit decreased by - $829,619 (-67.02%) to $408,320 in 2025 from $1,237,939 in 2024 .

Gross Margin

• Gross margin decreased by -47.89 percentage points to 10.66% in 2025 from 58.55% in 2024 .

Operating Expenses

• Total operating expenses increased by $291,904 (0.86%) to $34,415,442 in 2025 from $34,123,538 in 2024 .
• General and administrative expenses decreased by - $359,279 (-7.64%) to $4,343,383 in 2025 from $4,702,662 in 2024 .
• Stock-based compensation increased by $414,020 (61.70%) to $1,085,000 in 2025 from $670,980 in 2024 .
• Selling expenses increased by $212,395 (33.40%) to $848,313 in 2025 from $635,918 in 2024 .
• Allowance for credit losses/doubtful accounts increased by $24,768 (0.09%) to $28,138,746 in 2025 from $28,113,978 in 2024 .

Loss from Operations

• Loss from operations increased by - $1,121,523 (3.41%) to - $34,007,122 in 2025 from - $32,885,599 in 2024 .

Other Income (Expenses), Net

• Other income (expenses), net, shifted to a net income of $3,060,868 in 2025 from a net expense of - $853,406 in 2024, an increase of $3,914,274 (-458.66%) .
• Interest income decreased by - $629,450 (-91.06%) to $61,807 in 2025 from $691,257 in 2024 .
• Interest expenses increased by - $20,438 (18.97%) to - $128,170 in 2025 from - $107,732 in 2024 .
• A gain on debt restructuring of $2,979,948 was recognized in 2025 .

Loss from Continuing Operations before Income Tax

• Loss from continuing operations before income tax decreased by $2,792,751 (-8.28%) to - $30,946,254 in 2025 from - $33,739,005 in 2024 .

Net Loss from Continuing Operations

• Net loss from continuing operations decreased by $2,792,751 (-8.28%) to - $30,946,254 in 2025 from - $33,739,005 in 2024 .

Comprehensive Loss Attributable to Future FinTech Group Inc.

• Comprehensive loss attributable to Future FinTech Group Inc. decreased by $28,751,747 (-87.14%) to - $4,243,687 in 2025 from - $32,995,434 in 2024 .

Segment Revenue Performance

Fast-Moving Consumer Goods (FMCG)

• Revenue significantly increased by $3,234,308 (12,665.18%) to $3,259,845 in 2025 from $25,537 in 2024 .
• Gross profit for FMCG was $33,144 in 2025 compared to $138 in 2024, representing 8.12% of total gross profit in 2025 .

Supply Chain Financing/Trading

• Revenue substantially decreased by - $956,359 (-99.86%) to $1,349 in 2025 from $957,708 in 2024 .
• Gross profit for this segment was $1,347 in 2025 compared to $163,753 in 2024 .

Trading Commission and Consulting Services

• Revenue decreased by - $562,554 (-49.73%) to $568,611 in 2025 from $1,131,165 in 2024 .
• Gross profit for this segment was $373,829 in 2025 compared to $1,074,048 in 2024 .

Cash Flow (Continuing Operations)

Net Cash Used in Operating Activities

• Net cash used in operating activities increased to - $31,771,593 in 2025 from - $20,434,271 in 2024 .

Net Cash Used in Investing Activities

• Net cash used in investing activities increased to - $28,957,019 in 2025 from - $1,720,443 in 2024, primarily due to a $29.93 million prepayment for a business acquisition .

Net Cash Provided by Financing Activities

• Net cash provided by financing activities increased to $31,773,098 in 2025 from $2,478,258 in 2024, mainly from $30.00 million in proceeds from common stock issuance and $1.80 million from convertible notes payables .

Discontinued Operations

Net Income from Discontinued Operations

• Net income from discontinued operations increased by $27,632,937 (4,940.47%) to $28,192,255 in 2025 from $559,318 in 2024 .

Gain on Disposal of Discontinued Operations

• Gain on disposal of discontinued operations was $28.31 million in 2025 .

Net Cash Provided by Operating Activities from Discontinued Operations

• Net cash provided by operating activities from discontinued operations increased to $29,225,270 in 2025 from $8,567,715 in 2024 .

Liquidity and Capital Resources

Working Capital

• Working capital increased by $34.95 million to $42.55 million as of December 31, 2025, from $7.60 million as of December 31, 2024 .

Cash and Restricted Cash

• Cash and restricted cash totaled $5.08 million as of December 31, 2025, an increase of $0.31 million from $4.77 million as of December 31, 2024 .

Outlook / Guidance

Future FinTech Group Inc. is evaluating the impact of new accounting pronouncements, with several ASU adoptions planned for 2026, 2027, and 2028 . The company intends to re-invest future earnings to finance business expansion and does not anticipate paying cash dividends in the foreseeable future . Its ability to continue as a going concern depends on successfully executing its new business strategy and achieving profitable operations .