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Future FinTech Group (FTFT) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 20, 2025

Future FinTech Group (FTFT) reported revenue of $542K for the first quarter 2025 (Q1 2025), -20% from a year earlier.

Revenue$542K
Year over year-20%
Quarter over quarter—
Operating margin—
Net earnings−$2.7M

Future FinTech Group, Q1 2025: revenue $542K (-20% year over year), net loss $2.7M, operating cash flow −$28.8M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$542K—-20%
Operating profit−$30.6M——
Net earnings−$2.7M——
Operating cash flow−$28.8M——

What changed

Revenue was $542K in Q1 2025, down 20% year over year.

Gross margin was 14.5%, down 26.0 points from a year earlier. Operating costs exceeded revenue by $30.6M, an operating margin of -5651.1%. Operating expenses grew 1311% against a revenue fall of 20%. The quarter ended with a net loss of $2.7M.

Operating cash flow was −$28.8M. Non-cash charges added back $14K of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $27.2M.

Questions

What was Future FinTech Group's revenue in the first quarter 2025?

Future FinTech Group (FTFT) reported revenue of $542K for the first quarter 2025 (Q1 2025), -20% from a year earlier.

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Source: Future FinTech Group 10-Q on SEC EDGAR.