← Fangdd Network Group Ltd.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.8b |
$2.3b
+26.89%
|
$3.6b
+57.72%
|
$2.5b
-31.90%
|
$942.4m
-61.56%
|
$245.9m
-73.90%
|
$285.0m
+15.86%
|
$339.1m
+19.00%
|
$354.8m
+4.64%
|
$354.8m
0.00%
|
|
| Cost of revenue | ($1.4b) |
($1.8b)
-27.43%
|
($2.8b)
-57.42%
|
($2.0b)
+28.34%
|
($835.9m)
+58.96%
|
($221.2m)
+73.54%
|
($243.8m)
-10.19%
|
($277.4m)
-13.78%
|
($291.2m)
-5.00%
|
$291.2m
+200.00%
|
|
| Gross profit | $381.6m |
$476.6m
+24.91%
|
$757.0m
+58.83%
|
$414.5m
-45.25%
|
$106.5m
-74.30%
|
$24.7m
-76.78%
|
$41.2m
+66.54%
|
$61.7m
+49.90%
|
$63.6m
+2.98%
|
$63.6m
0.00%
|
|
| Sales and marketing expenses | ($38.5m) | ($59.1m) | ($48.4m) | ($38.0m) | ($64.9m) | ($13.2m) | ($2.8m) | ($10.1m) | ($9.5m) | — | |
| General and administrative expenses | ($156.3m) | ($145.3m) | ($520.4m) | ($301.1m) | ($831.4m) | ($195.0m) | ($271.4m) | ($152.6m) | ($162.0m) | $162.0m | |
| Total operating expenses | ($386.5m) | ($407.3m) | ($1.3b) | ($640.5m) | ($1.1b) | ($274.1m) | ($306.4m) | ($187.4m) | ($196.9m) | $196.6m | |
| Loss from operations | ($4.9m) |
$69.4m
+1526.30%
|
($536.8m)
-873.70%
|
($226.0m)
+57.89%
|
($957.3m)
-323.54%
|
($249.4m)
+73.95%
|
($265.2m)
-6.33%
|
($125.7m)
+52.61%
|
($133.3m)
-6.08%
|
— | |
| Impairment loss for equity method investments | — | — | ($16.0m) | $0 | ($187.3m) | ($62.6m) | ($15.3m) | ($4.0m) | ($44.4m) | — | |
| Share of profit/(loss) from equity method investees, net of income tax | $2.9m | $19.6m | $21.8m | $4.0m | ($47k) | ($2.0m) | $62k | ($196k) | ($722k) | — | |
| Other income, net | $3.1m | $5.6m | $7.7m | $9.2m | $5.6m | $87.0m | $183.5m | $156.2m | $54.6m | $26.7m | |
| (Loss)/income before income tax | $3.0m | $108.5m | ($506.6m) | ($206.7m) | ($1.2b) | ($232.1m) | ($95.0m) | $20.6m | ($106.3m) | — | |
| Income tax benefit | ($2.4m) | ($4.4m) | ($3.8m) | ($14.7m) | ($8.9m) | ($7.5m) | $1.9m | $7.7m | $20.3m | — | |
| Net loss attributable to non-controlling interests | — | — | — | $1.1m | $31.8m | ($4.5m) | $1.4m | $2.5m | ($1.3m) | — | |
| - Basic (in Dollars per share and Yuan Renminbi per share) | ($0.24) | ($0.15) | ($1.17) | ($0.11) | ($0.58) | ($0.12) | ($0.00) | $3.45 | ($0.20) | — | |
| - Diluted (in Dollars per share and Yuan Renminbi per share) | ($0.24) | ($0.15) | $0.02 | $0.00 | $0.02 | ($0.12) | ($22.74) | $3.45 | ($0.20) | — | |
| Product development expenses | ($191.7m) | ($202.9m) | ($725.0m) | ($301.4m) | ($167.5m) | ($66.0m) | ($32.1m) | ($24.8m) | ($25.4m) | — | |
| Interest (expense)/income, net | — | — | — | — | — | ($5.1m) | ($621k) | $1.7m | $83k | $3.2m | |
| Foreign currency exchange gain/(loss), net | ($787k) | $684k | $237k | ($4.1m) | ($394k) | $375k | $333k | ($8.4m) | $5.3m | — | |
| (Loss)/gain on short-term investments | $3.3m | $5.5m | $2.8m | $321k | $112k | $363k | ($73k) | $240k | $4.6m | — | |
| Impairment loss for long-term equity investments | — | — | — | — | — | ($8.0m) | ($3.0m) | ($1.0m) | ($1.0m) | — | |
| Goodwill impairment | — | — | — | — | ($31.2m) | $0 | ($454k) | — | ($621k) | $621k | |
| Government grants | $12.4m | $8.8m | $22.4m | $22.9m | $22.3m | $14.9m | $2.5m | $108k | $242k | — | |
| Gain on disposal of subsidiaries | — | — | — | — | — | — | $3.3m | $1.4m | $8.9m | — | |
| Gain on acquisition of subsidiaries | — | — | — | — | — | — | — | $272k | — | — | |
| Net (loss)/income | — | $104.0m | ($510.4m) | ($221.4m) | ($1.2b) | ($239.6m) | ($93.1m) | $28.3m | ($86.0m) | — | |
| Net (loss)/income attributable to Fangdd Network Group Ltd. | $649k | $104.0m | ($510.4m) | ($220.3m) | ($1.2b) | ($244.0m) | ($91.8m) | $30.8m | ($84.7m) | — | |
| Net (loss)/income attributable to ordinary shareholders | ($227.8m) | ($144.2m) | ($1.3b) | ($220.3m) | ($1.2b) | ($244.0m) | ($91.8m) | $30.8m | ($84.7m) | — | |
| Foreign currency translation adjustment | $110.7m | ($119.5m) | ($94.4m) | ($28.1m) | ($7.9m) | $11.0m | ($4.3m) | $14.9m | ($10.9m) | — | |
| Total comprehensive (loss)/income, net of tax | — | ($15.5m) | ($604.7m) | ($249.4m) | ($1.2b) | ($228.6m) | ($97.4m) | $43.2m | ($96.9m) | — | |
| Total comprehensive loss attributable to non-controlling interests | — | — | — | $1.1m | $31.8m | ($4.5m) | $1.4m | $2.5m | ($1.3m) | — | |
| Total comprehensive (loss)/income attributable to ordinary shareholders | $111.3m | ($15.5m) | ($604.7m) | ($248.3m) | ($1.2b) | ($233.0m) | ($96.1m) | $45.8m | ($95.6m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.