Future FinTech Group ( (FTFT) ) has released a notification of late filing.
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Future FinTech Group Inc. has announced a delay in filing its Form 10-Q (Quarter Report) for the financial period ending March 31, 2025. The delay is primarily due to the additional time required to complete the preparation of the company’s financial statements. The company expects to file the report within five calendar days following the prescribed due date. Significant changes in financial results are anticipated, including a notable increase in revenue and gross profit compared to the same period last year. The company has also reported a substantial rise in operating expenses, largely due to increased consulting fees and stock compensation expenses. Future FinTech Group is actively working on compliance, with the notification signed by CEO Hu Li.
More about Future FinTech Group
Average Trading Volume: 468,941
Technical Sentiment Signal: Strong Sell
Current Market Cap: $4.79M
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