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FutureTech II Acquisition Corp. (FTII) 10-Year Financial Performance & Capital Metrics

FTII • • Banking & Credit
Financial ServicesSPACs & Shell CompaniesTechnology-Focused SPACsIoT & Internet Technology SPACs
AboutFutureTech II Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search on companies in the technology industry. The company was incorporated in 2021 and is based in New Rochelle, New York.Show more
  • Net Interest Income $0 -100.0%
  • Total Revenue $0
  • Net Income -$747K -125.7%
  • Return on Equity -2.6% -177.0%
  • Net Interest Margin 0% -100.0%
  • Efficiency Ratio -
  • ROA -1.64% -151.4%
  • Equity / Assets 0.8% -99.1%
  • Book Value per Share 0.09 -98.0%
  • Tangible BV/Share 0.09 -98.0%
  • Debt/Equity 17.47 +34071.8%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Share count reduced 80.2% through buybacks

✗Weaknesses

  • ✗High debt to equity ratio of 17.5x
  • ✗Weak 3Y average ROE of 0.7%
  • ✗Weak Piotroski F-Score: 1/9
  • ✗Thin capital base
  • ✗Expensive at 134.9x book value

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-188.89%

EPS CAGR

10Y-
5Y-
3Y-
TTM-447.84%

ROCE

10Y Avg-2.48%
5Y Avg-2.48%
3Y Avg-1.04%
Latest-

Peer Comparison

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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
FORLFour Leaf Acquisition Corporation11.92M11.75155.84-0.94%0.09
FTIIFutureTech II Acquisition Corp.51.57M12.0266.78-6.03%17.47

Profit & Loss

Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+01.68M4.81M0
NII Growth %--1.87%-1%
Net Interest Margin %----
Interest Income01.68M4.81M0
Interest Expense0000
Loan Loss Provision0000
Non-Interest Income+0-1.68M-4.81M0
Non-Interest Income %----
Total Revenue+0000
Revenue Growth %----
Non-Interest Expense1.31K666.31K862.7K1.61M
Efficiency Ratio----
Operating Income+-1.31K-666.31K-863K0
Operating Margin %----
Operating Income Growth %--506.09%-0.3%1%
Pretax Income+-1.31K1.01M3.89M-747K
Pretax Margin %----
Income Tax+0310.26K979.34K0
Effective Tax Rate %----
Net Income+-438700.01K2.91M-747K
Net Margin %----
Net Income Growth %-1599.21%3.16%-1.26%
Net Income (Continuing)-1.31K700.01K2.91M-747K
EPS (Diluted)+-0.000.050.230.18
EPS Growth %--3.94%-0.22%
EPS (Basic)-0.000.050.230.18
Diluted Shares Outstanding2.5M15.01M12.79M2.54M

Balance Sheet

Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+5K262.76K17.58K56.77K
Cash & Due from Banks5K262.76K17.58K56.77K
Short Term Investments0000
Total Investments+0118.98K61.84M0
Investments Growth %--518.76%-1%
Long-Term Investments0118.98K61.84M0
Accounts Receivables0001000K
Goodwill & Intangibles+----
Goodwill0000
Intangible Assets0000
PP&E (Net)0000
Other Assets135.46K118.94M026.45M
Total Current Assets5K420.37K938.53K1.67M
Total Non-Current Assets135.46K119.05M61.84M26.45M
Total Assets+140.46K119.47M62.78M28.12M
Asset Growth %-849.63%-0.47%-0.55%
Return on Assets (ROA)-0%0.01%0.03%-0.02%
Accounts Payable0130.22K295.14K1.15M
Total Debt+100.89K144.44K2.92M3.95M
Net Debt95.89K-118.31K-17.58K3.89M
Long-Term Debt0000
Short-Term Debt100.89K144.44K2.92M3.95M
Other Liabilities03.45M3.45M3.45M
Total Current Liabilities115.89K787.63K2.12M24.44M
Total Non-Current Liabilities03.45M3.45M3.45M
Total Liabilities115.89K4.24M5.57M27.89M
Total Equity+24.56K115.24M57.21M226.07K
Equity Growth %-4690.68%-0.5%-1%
Equity / Assets (Capital Ratio)----
Return on Equity (ROE)-0.02%0.01%0.03%-0.03%
Book Value per Share0.017.684.470.09
Tangible BV per Share----
Common Stock288118.47M3529.08M
Additional Paid-in Capital24.71K000
Retained Earnings-438-3.23M-3.33M-8.86M
Accumulated OCI0-118.47M-3520
Treasury Stock0000
Preferred Stock0118.47M60.53M0

Cash Flow

Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+0-601.35K-1.77M-1.93M
Operating CF Growth %---1.94%-0.09%
Net Income0700.01K2.91M-746.95K
Depreciation & Amortization0000
Deferred Taxes0000
Other Non-Cash Items0-1.68M-4.95M-1.34M
Working Capital Changes0375.22K275.93K163.86K
Cash from Investing+0-117.3M61.82M36.86M
Purchase of Investments0-117.3M00
Sale/Maturity of Investments0000
Net Investment Activity----
Acquisitions0000
Other Investing0061.82M36.86M
Cash from Financing+15118.16M-60.3M-34.89M
Dividends Paid0000
Share Repurchases00-64.24M-36.28M
Stock Issued5K120.2M00
Net Stock Activity----
Debt Issuance (Net)001000K1000K
Other Financing15-2.04M1.01M362.46K
Net Change in Cash+15257.76K-245.18K42.19K
Exchange Rate Effect0000
Cash at Beginning4.99K5K262.76K17.58K
Cash at End5K262.76K17.58K59.77K
Interest Paid0000
Income Taxes Paid0000
Free Cash Flow+0-601.35K-1.77M-1.93M
FCF Growth %---1.94%-0.09%

Banking Ratios

Metric2021202220232024
Return on Equity (ROE)-1.78%1.21%3.38%-2.6%
Return on Assets (ROA)-0.31%1.17%3.2%-1.64%
Net Interest Margin0%1.4%7.66%0%
Equity / Assets17.49%96.45%91.12%0.8%
Book Value / Share0.017.684.470.09
NII Growth--186.77%-100%

Frequently Asked Questions

Valuation & Price

FutureTech II Acquisition Corp. (FTII) has a price-to-earnings (P/E) ratio of 66.8x. This suggests investors expect higher future growth.

Growth & Financials

FutureTech II Acquisition Corp. (FTII) grew revenue by 0.0% over the past year. Growth has been modest.

FutureTech II Acquisition Corp. (FTII) reported a net loss of $1.2M for fiscal year 2024.

Dividend & Returns

FutureTech II Acquisition Corp. (FTII) has a return on equity (ROE) of -2.6%. Negative ROE indicates the company is unprofitable.

Industry Metrics

FutureTech II Acquisition Corp. (FTII) has a net interest margin (NIM) of N/A. NIM has been under pressure due to interest rate environment.

FutureTech II Acquisition Corp. (FTII) has an efficiency ratio of 0.0%. This is excellent, indicating strong cost control.

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