The9 LTD

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $8.1m $11.3m $2.5m $49k $96k $21.3m $17.2m $25.2m $15.3m $15.4m
Revenue from Contract with Customer, Including Assessed Tax $49k $96k $21.3m $17.2m $25.2m $15.3m $15.4m
Cost of Revenue $7.0m $3.7m $2.4m $34k $66k $13.8m $12.0m $17.5m $1.7m $10.7m
Gross Profit $1.1m $7.6m $145k ($144k) ($29k) $7.5m ($9.5m) ($4.6m) ($219k) $259k
Operating Expenses $44.2m $25.1m $15.4m $23.4m ($51.6m) $57.2m $129.9m $40.1m $7.8m $40.5m
Operating Income (Loss) ($42.6m) ($17.4m) ($15.2m) ($23.5m) $51.6m ($49.7m) ($139.4m) ($44.8m) ($8.1m) ($40.2m)
Additional Financial Items
Amortization of Intangible Assets $1.5m $0 $220k
Foreign Currency Transaction Gain (Loss), before Tax $13.1m $3.0m ($3.0m) ($786k) ($1.3m) ($1.0m) ($914k) ($960k) ($98k) $427k
Gain (Loss) on Investments ($175k) $18k $0 $100k $27k $0 $103k $235k ($1k) $0
Goodwill, Impairment Loss $1.5m $0
Income (Loss) Attributable to Parent, before Tax ($85.5m) ($18.2m) ($31.6m) ($25.5m) $61.0m ($64.5m) ($141.3m) $144.3m $72.5m $408.2m
Income (Loss) from Continuing Operations before Income Taxes, Domestic $562.6m $169.7m $235.0m $193.3m $402.8m $415.1m $979.5m $144.3m $72.5m ($9.7m)
Income (Loss) from Continuing Operations, Per Basic Share ($562.6m) ($169.7m) ($235.0m) ($193.3m) $402.8m ($415.1m) ($979.5m) ($0) ($0) ($0)
Income (Loss) from Continuing Operations, Per Diluted Share ($562.6m) ($169.7m) ($235.0m) ($193.3m) $402.8m ($415.1m) ($979.5m) ($0) ($0) ($0)
Income (Loss) from Equity Method Investments ($15.9m) ($451k) ($624k) ($409k) ($332k) ($271k) ($979.5m) $0 ($154k) ($82k)
Investment Income, Interest $23k $5k $28k $3k $66k $64k
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $562.6m $169.7m $235.0m $193.3m $402.8m $415.1m $979.5m $144.3m $72.5m ($58.5m)
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax $562.6m $169.7m $235.0m $193.3m $402.8m $415.1m $979.5m ($276k) $72.5m $408.2m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $562.6m $169.7m $235.0m $193.3m $402.8m $415.1m $979.5m ($20.3m) ($10.1m) ($58.5m)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $169.7m $193.3m $22.1m $72.5m
Net Income (Loss) Attributable to Parent ($97.5m) ($26.9m) ($31.6m) ($25.5m) $61.0m ($64.5m) ($141.3m) $2.8m ($10.1m) ($402.4m)
Net Income (Loss) Available to Common Stockholders, Basic ($667.1m) ($112.1m) ($37.5m) ($27.4m) $60.8m ($64.5m) ($141.3m) $2.8m ($10.1m) ($57.5m)
Net Income (Loss) Attributable to Noncontrolling Interest ($8.4m) $608k ($2.4m) $13.5m $3.3m $5.6m $4.6m ($1.0m) ($30k) ($925k)
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest $58.6m $4.0m $16.3m ($1.9m) ($500k) ($877k) ($672k) ($1.0m) ($30k) ($925k)
Earnings Per Share, Basic ($28.34) ($0.81) ($4.15) ($1.79) $2.42 ($0.13) ($0.20) $0.02 ($0.01) ($0.03)
Earnings Per Share, Diluted ($28.34) ($0.81) ($4.15) ($1.79) $2.42 ($0.13) ($0.20) $0.02 ($0.01) ($0.03)
Weighted Average Number of Shares Outstanding, Basic 106.4m 163.6m 495.3m 720.2m 1.0b 1.4m 2.3b
Weighted Average Number of Shares Outstanding, Diluted 106.4m 163.6m 495.3m 720.2m 1.0b 1.4m 2.3b
Other Nonoperating Income (Expense) ($1.4m) $718k $233k $1.3m $307k ($7.0m) $1.5m $1.2m ($696k) $316k
Interest Expense (non-operating) $4.7m $3.3m
Current Income Tax Expense (Benefit) $0 $0 $235.0m $193.3m $402.8m $415.1m $979.5m $144.3m $72.5m $408.2m
General and Administrative Expense $18.6m $16.7m $13.0m $16.4m $16.7m $46.0m $54.6m $28.6m $21.6m $29.4m
Interest Expense $8.1m $12.9m $15.2m $5.0m $624k $18.7m $3.4m $4.4m $34.2m $23.3m
Operating Lease, Expense $59k $107k $611k $741k $701k $601k $644k
Research and Development Expense $11.2m $6.9m $3.6m $1.9m $374k $301k $353k $278k $117k $1.4m
Selling and Marketing Expense $3.1m $1.4m $338k $304k $99k $3.5m $17.2m $244k $34k $4.9m
Income Tax Expense (Benefit) ($876k) $0 $0 $1.1m $0 $0 $0 $16k
Other Operating Income (Expense), Net $519k $54k $33k $4k $4k