Fangdd Network Group Ltd.
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Fangdd Network Group Ltd.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 16% to $284,957,000. The net income raised on -$91,753,000 and profit margin reached -32%. Total operating expenses were $306,364,000.

Profit Margin

Fangdd Network Group Ltd. (NASDAQ:DUO): Profit margin
2016 1.47B -332.06M -22.5%
2017 1.79B 649K 0.04%
2018 2.28B 104.02M 4.56%
2019 3.59B -510.38M -14.18%
2020 2.45B -221.37M -9.03%
2021 942.38M -1.20B -127.66%
2022 245.94M -226.74M -92.19%
2023 284.95M -91.75M -32.2%

DUO Income Statement (2016 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016
Revenue
Revenue
284.95M245.94M942.38M2.45B3.59B2.28B1.79B1.47B
Cost of revenue
243.76M221.21M835.87M2.03B2.84B1.80B1.41B1.24B
Gross profit
41.19M24.73M106.50M414.46M757.04M476.62M381.58M228.40M
Operating exp.
Research and development
32.14M65.97M167.53M301.40M724.98M202.87M191.66M182.62M
Selling and marketing
2.77M13.19M64.91M38.02M48.39M59.09M38.46M98.32M
Total operating expenses
306.36M274.12M1.04B640.48M1.29B398.46M374.05M578.40M
Operating income
-265.17M-249.39M-935.00M-226.02M-536.75M69.37M-4.86M-363.85M
Other income (expenses), net
170.17M17.29M-259.08M19.31M30.13M31.41M7.87M14.33M
Income before tax
-94.99M-232.10M-1.19B-206.71M-506.62M108.45M3.01M-330.94M
Income tax expense
-1.88M-5.35M8.90M14.66M3.76M4.43M2.36M1.11M
Net income
-91.75M-226.74M-1.20B-221.37M-510.38M104.02M649K-332.06M
Earnings per share
Basic EPS
-24.85-2.11-223.06-41.65-175.9321.54-47.18-68.77
Diluted EPS
-24.85-2.11-223.06-41.65-175.9321.54-47.18-68.77
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