Is FutureTech II Acquisition Corp. (FTII) a Buy, Sell, or Hold?
OTC : FTII
FutureTech II Acquisition Corp. — Financials
$12.02 USD
$0 (0.0%)
- Volume
- 0
- Average Volume
- 241.63
- Market Capitalization
- $51.57M
- P/E Ratio
- -113.93
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $14.00
- Year Low
- $10.52
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.21
FTII Financial Statements
| date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| revenue | - | - | - | - |
| costOfRevenue | - | - | - | - |
| grossProfit | - | - | - | - |
| researchAndDevelopmentExpenses | - | - | - | - |
| generalAndAdministrativeExpenses | 1.62M | 862.7K | 466.31K | 1314 |
| sellingAndMarketingExpenses | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 1.62M | 862.7K | 466.31K | 1314 |
| otherExpenses | - | - | 200K | - |
| operatingExpenses | 1.62M | 862.7K | 666.31K | 1314 |
| costAndExpenses | - | 862.7K | 666.31K | 1314 |
| netInterestIncome | - | 4.81M | 1.68M | - |
| interestIncome | - | 4.81M | 1.68M | - |
| interestExpense | - | - | - | - |
| depreciationAndAmortization | - | 4.75M | - | 1314 |
| ebitda | - | 3.89M | -666K | -438 |
| ebit | - | -1.06M | -666K | -1314 |
| nonOperatingIncomeExcludingInterest | - | -4.75M | 200K | - |
| operatingIncome | - | -863K | -666.31K | -1314 |
| totalOtherIncomeExpensesNet | - | 4.75M | 1.68M | - |
| incomeBeforeTax | -747K | 3.89M | 1.01M | -1314 |
| incomeTaxExpense | - | 979.34K | 310.26K | - |
| netIncomeFromContinuingOperations | -747K | 2.91M | 700.02K | -1314 |
| netIncomeFromDiscontinuedOperations | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | 876 |
| netIncome | -747K | 2.91M | 700.02K | -438 |
| netIncomeDeductions | - | - | - | 876 |
| bottomLineNetIncome | -747K | 2.91M | 700.02K | -1314 |
| eps | -0.29 | 0.23 | 0.05 | -0.0 |
| date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| cashAndCashEquivalents | 56768 | 17578 | 262.76K | 5000 |
| shortTermInvestments | - | - | - | - |
| cashAndShortTermInvestments | 56768 | 17578 | 262.76K | 5000 |
| netReceivables | 1.54M | 856.91K | - | - |
| accountsReceivables | - | - | - | - |
| otherReceivables | 1.54M | 856.91K | - | - |
| inventory | - | - | - | - |
| prepaids | - | 64043 | 157.61K | - |
| otherCurrentAssets | 75000 | - | - | - |
| totalCurrentAssets | 1.67M | 938.53K | 420.37K | 5000 |
| propertyPlantEquipmentNet | - | - | - | - |
| goodwill | - | - | - | - |
| intangibleAssets | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - |
| longTermInvestments | - | 61.84M | 118.98K | - |
| taxAssets | - | - | - | - |
| otherNonCurrentAssets | 26.45M | - | 118.94M | 135.46K |
| totalNonCurrentAssets | 26.45M | 61.84M | 119.05M | 135.46K |
| otherAssets | - | - | - | - |
| totalAssets | 28.12M | 62.78M | 119.47M | 140.46K |
| totalPayables | 20.49M | 295.14K | 130.22K | - |
| accountPayables | 1.15M | 295.14K | 130.22K | - |
| otherPayables | 19.34M | - | - | - |
| accruedExpenses | 2708 | 2708 | 2708 | 15000 |
| shortTermDebt | 3.95M | 2.92M | 144.44K | 100.89K |
| capitalLeaseObligationsCurrent | - | - | - | - |
| taxPayables | 1.17M | 1.09M | 510.26K | - |
| deferredRevenue | - | - | 77.65 | - |
| otherCurrentLiabilities | - | -1.1M | 510.18K | 15000 |
| totalCurrentLiabilities | 24.44M | 2.12M | 787.64K | 115.89K |
| longTermDebt | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - |
| otherNonCurrentLiabilities | 3.45M | 3.45M | 3.45M | -0.0 |
| totalNonCurrentLiabilities | 3.45M | 3.45M | 3.45M | -0.0 |
| otherLiabilities | - | - | - | - |
| capitalLeaseObligations | - | - | - | - |
| totalLiabilities | 27.89M | 5.57M | 4.24M | 115.89K |
| treasuryStock | - | - | - | - |
| preferredStock | - | 60.53M | 118.47M | - |
| commonStock | 9.08M | 352 | 118.47M | 288 |
| retainedEarnings | -8.86M | -3.33M | -3.23M | -438 |
| additionalPaidInCapital | - | - | - | 24712 |
| date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| netIncome | -746.95K | 2.91M | 700.02K | -438 |
| depreciationAndAmortization | - | - | - | - |
| deferredIncomeTax | - | - | - | - |
| stockBasedCompensation | - | - | - | - |
| changeInWorkingCapital | 163.86K | 275.93K | 375.22K | - |
| accountsReceivables | - | -731.91K | - | - |
| inventory | - | - | - | - |
| accountsPayables | 853.77K | 164.91K | 100.22K | - |
| otherWorkingCapital | -689.9K | 842.93K | 274.99K | - |
| otherNonCashItems | -1.34M | -4.95M | -1.68M | 438 |
| netCashProvidedByOperatingActivities | -1.93M | -1.77M | -601.35K | - |
| investmentsInPropertyPlantAndEquipment | - | - | - | - |
| acquisitionsNet | - | - | - | - |
| purchasesOfInvestments | - | - | -117.3M | - |
| salesMaturitiesOfInvestments | - | - | - | - |
| otherInvestingActivities | 36.86M | 61.82M | -117.3M | - |
| netCashProvidedByInvestingActivities | 36.86M | 61.82M | -117.3M | - |
| netDebtIssuance | 1.02M | 2.92M | - | - |
| longTermNetDebtIssuance | - | - | - | - |
| shortTermNetDebtIssuance | 1.02M | 2.92M | - | - |
| netStockIssuance | -36.28M | -64.24M | 120.2M | - |
| netCommonStockIssuance | -36.28M | -64.24M | 120.2M | - |
| commonStockIssuance | - | - | 120.2M | 5000 |
| commonStockRepurchased | -36.28M | -64.24M | - | - |
| netPreferredStockIssuance | - | - | - | - |
| netDividendsPaid | - | - | - | - |
| commonDividendsPaid | - | - | - | - |
| preferredDividendsPaid | - | - | - | - |
| otherFinancingActivities | 362.46K | 1.01M | -2.04M | 15 |
| netCashProvidedByFinancingActivities | -34.89M | -60.3M | 118.16M | 15 |
| date | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | - | - | - | - | - | - | - | - | - | - |
| costOfRevenue | - | - | - | - | - | - | - | - | - | - |
| grossProfit | - | - | - | - | - | - | - | - | - | - |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 88735 | 403.84K | 801.92K | 317.12K | 234.89K | 260.93K | 121.88K | 279.25K | 290.44K | 171.12K |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 88735 | 403.84K | 801.92K | 317.12K | 234.89K | 260.93K | 121.88K | 279.25K | 290.44K | 171.12K |
| otherExpenses | 50000 | 50000 | - | 50000 | 50000 | 50000 | 50000 | 50000 | 50000 | 50000 |
| operatingExpenses | 138.74K | 453.84K | 801.92K | 367.12K | 284.89K | 310.93K | 171.88K | 329.25K | 340.44K | 221.12K |
| costAndExpenses | 138.74K | 453.84K | 851.92K | 367.12K | 284.89K | 310.93K | 171.88K | 329.25K | 340.44K | 221.12K |
| netInterestIncome | 72477 | 199.83K | 235.48K | 287.58K | 283.08K | 536.34K | 819.71K | 1.23M | 1.47M | 1.29M |
| interestIncome | 72477 | 199.83K | 235.48K | 287.58K | 283.08K | 536.34K | 819.71K | 1.23M | 1.47M | 1.29M |
| interestExpense | - | - | - | - | - | - | - | - | - | - |
| depreciationAndAmortization | - | - | - | - | - | - | - | - | 340.44K | 221.12K |
| ebitda | -138.74K | -454K | -851.92K | -367K | -284.89K | -310.93K | -172K | -329K | 441 | 125 |
| ebit | -138.74K | -454K | -851.92K | -367K | -285K | -311K | -172K | -329K | -340K | -221K |
| nonOperatingIncomeExcludingInterest | - | - | - | - | - | - | - | 50000 | - | - |
| operatingIncome | -138.74K | -453.84K | 545.82K | -367K | -284.89K | -311K | -172K | -279K | -340K | -221K |
| totalOtherIncomeExpensesNet | 72477 | 199.83K | -1.44M | 287.58K | 283.08K | 536.34K | 964.16K | 1.23M | 1.47M | 1.29M |
| incomeBeforeTax | -66258 | -254.01K | -891.02K | -79534 | -1810 | 225.41K | 792.28K | 903.25K | 1.13M | 1.07M |
| incomeTaxExpense | 14389 | 35664 | -929.07K | 43593 | 42647 | 95832 | 185.67K | 242.03K | 291.56K | 260.08K |
| netIncomeFromContinuingOperations | -80647 | -289.67K | 38007 | -123.13K | -44457 | 129.58K | 606.6K | 661.23K | 836.38K | 807.29K |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -80647 | -290K | -709K | -123K | -44457 | 129.58K | 606.6K | 661.23K | 836.38K | 807.29K |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -80647 | -289.67K | -709K | -123.13K | -44457 | 129.58K | 606.6K | 661.23K | 836.38K | 807.29K |
| eps | -0.02 | -0.08 | -0.28 | -0.04 | -0.01 | 0.02 | 0.07 | 0.06 | 0.06 | 0.05 |
| date | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 160.72K | 130.58K | 56768 | 1883 | 476 | 413 | 17578 | 5496 | 48778 | 150.26K |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 160.72K | 130.58K | 56768 | 1883 | 476 | 413 | 17578 | 5496 | 48778 | 150.26K |
| netReceivables | 1.22M | 1.92M | 1.54M | 1.54M | 731.91K | 731.91K | 856.91K | 8733 | - | - |
| accountsReceivables | 1.22M | 1.92M | - | 1.54M | - | - | - | - | - | - |
| otherReceivables | - | - | 1.54M | - | 731.91K | 731.91K | 856.91K | 8733 | - | - |
| inventory | - | - | - | - | - | - | - | - | -440.1K | - |
| prepaids | 65500 | - | - | 20250 | 63000 | 22500 | 64043 | 131.4K | 198.77K | 273.63K |
| otherCurrentAssets | - | - | 75000 | - | - | - | - | 565.1K | - | - |
| totalCurrentAssets | 1.45M | 2.05M | 1.67M | 1.56M | 795.39K | 754.82K | 938.53K | 710.73K | 687.64K | 423.89K |
| propertyPlantEquipmentNet | - | - | - | - | - | - | - | - | - | - |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | 26.66M | 26.23M | 61.84M | 60.64M | 123.53M | 121.42M |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 9.13M | 9.02M | 26.45M | 26.93M | - | - | - | - | - | - |
| totalNonCurrentAssets | 9.13M | 9.02M | 26.45M | 26.93M | 26.66M | 26.23M | 61.84M | 60.64M | 123.53M | 121.42M |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 10.58M | 11.07M | 28.12M | 28.5M | 27.46M | 26.98M | 62.78M | 61.36M | 124.21M | 121.84M |
| totalPayables | 2.57M | 3.08M | 20.49M | 2.75M | 134.76K | 448.7K | 295.14K | 1.25M | 304.29K | 227.21K |
| accountPayables | 942.52K | 1.14M | 1.15M | 611.19K | 414.76K | 448.7K | 295.14K | 52902 | 304.29K | 227.21K |
| otherPayables | 1.62M | 1.94M | 19.34M | 2.14M | -280K | - | - | 901.93K | - | - |
| accruedExpenses | 2708 | 2708 | 2708 | 2708 | 2708 | 2708 | 2708 | 2708 | 2708 | 2708 |
| shortTermDebt | 4.36M | 4.25M | 3.95M | 3.45M | - | - | 2.92M | 3.34M | 2.92M | 1.29M |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | 1.33M | 1.64M | 1.6M | 1.01M | 1.01M | 967.18K | 1.09M | 1.2M | 659.9K | 820.34K |
| deferredRevenue | - | - | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | - | - | - | - | 2.49M | 2.12M | -1.1M | - | 659.9K | 820.34K |
| totalCurrentLiabilities | 6.93M | 7.34M | 24.44M | 6.2M | 2.63M | 2.57M | 2.12M | 4.59M | 3.88M | 2.34M |
| longTermDebt | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 3.45M | 3.45M | 3.45M | 3.45M | 3.45M | 3.45M | 3.45M | 3.45M | 3.45M | 3.45M |
| totalNonCurrentLiabilities | 3.45M | 3.45M | 3.45M | 3.45M | 3.45M | 3.45M | 3.45M | 3.45M | 3.45M | 3.45M |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 10.38M | 10.79M | 27.89M | 9.65M | 6.08M | 6.02M | 5.57M | 8.04M | 7.33M | 5.79M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | 25.21M | 24.87M | 60.53M | 59.57M | 121.72M | 120.59M |
| commonStock | 9.78M | 9.65M | 9.08M | 26.61M | 352 | 352 | 352 | 59.57M | 121.72M | 120.6M |
| retainedEarnings | -9.58M | -9.37M | -8.86M | -7.76M | -3.83M | -3.9M | -3.33M | -6.26M | -4.84M | -4.55M |
| additionalPaidInCapital | - | - | - | - | - | - | - | - | - | - |
| date | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -80647 | -289.67K | -708.95K | -123.12K | -44457 | 129.58K | 606.6K | 661.23K | 836.38K | 807.29K |
| depreciationAndAmortization | - | - | - | - | - | - | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | -580.92K | 36344 | -146.35K | -142.9K | 18214 | 124.68K | -442.28K | 358K | -8498 | 368.71K |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | -197.11K | -9269 | 537.72K | 196.42K | -33934 | 153.56K | 242.24K | -251.39K | 77079 | 96987 |
| otherWorkingCapital | -383.81K | 45613 | -684.07K | -339.32K | 52148 | -28875 | -684.51K | 609.39K | -85577 | -96987 |
| otherNonCashItems | -72478 | -199.83K | -235.48K | 22629 | -283.08K | -536.34K | -964.16K | -1.23M | -1.47M | -1.29M |
| netCashProvidedByOperatingActivities | -734.05K | -453.16K | -1.09M | -243.39K | -309.33K | -282.08K | -799.83K | -213.28K | -640.5K | -112.5K |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | -350K | -250K | -250K | -1.15M | -1.15M |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | -40832 | 17.63M | 720.66K | 15400 | -150K | 36.62M | -125K | 64.24M | 507.64K | -1.15M |
| netCashProvidedByInvestingActivities | -40832 | 17.63M | 720.66K | 15400 | -150K | 36.27M | -375K | 63.99M | -642.36K | -1.15M |
| netDebtIssuance | 110K | 301.04K | 500K | 150K | 150K | 225K | -3.32M | 545K | 1.62M | 1.15M |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | 110K | 301.04K | 500K | 150K | 150K | 225K | -3.32M | 545K | 1.62M | 1.15M |
| netStockIssuance | - | -17.4M | - | - | - | -36.28M | - | -64.24M | - | - |
| netCommonStockIssuance | 17.4M | -17.4M | - | 36.28M | - | -36.28M | - | -64.24M | - | - |
| commonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockRepurchased | 17.4M | -17.4M | - | 36.28M | - | -36.28M | 64.24M | -64.24M | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | 695.02K | - | -75000 | 79400 | 309.39K | 48667 | 4.5M | -125K | -440.1K | 1150 |
| netCashProvidedByFinancingActivities | 805.02K | -17.1M | 425K | 229.4K | 459.39K | -36.01M | 1.19M | -63.82M | 1181.38 | 1150 |