Qutoutiao
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. Qutoutiao's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 83% to $745,557,000. The net income raised on -$185,313,000 and profit margin reached -25%. Total operating expenses were $331,538,000.
Profit Margin
| 2016 | 57.95M | -10.86M | -18.74% |
|---|---|---|---|
| 2018 | 3.02B | -1.94B | -64.28% |
| 2019 | 5.57B | -2.68B | -48.28% |
| 2020 | 5.28B | -1.10B | -20.9% |
| 2021 | 4.33B | -1.23B | -28.5% |
| 2023 | 745.55M | -185.31M | -24.86% |
QTT Income Statement (2016 – 2023)
| 2023 | 2021 | 2020 | 2019 | 2018 | 2016 | |
|---|---|---|---|---|---|---|
Revenue | ||||||
Revenue | 745.55M | 4.33B | 5.28B | 5.57B | 3.02B | 57.95M |
Cost of revenue | 415.91M | 1.17B | 1.67B | 1.64B | 503.61M | 7.17M |
Gross profit | 329.64M | 3.16B | 3.61B | 3.92B | 2.51B | 50.77M |
Operating exp. | ||||||
Research and development | 106.59M | 551.61M | 947.87M | 926.23M | 270.10M | 2.62M |
Selling and marketing | 188.7M | 3.48B | 3.38B | 5.48B | 3.25B | 54.63M |
Total operating expenses | 331.53M | 4.36B | 4.64B | 6.65B | 4.50B | 61.68M |
Operating income | -1.89M | -1.19B | -1.03B | -2.72B | -1.98B | -10.91M |
Other income (expenses), net | -185.44M | -40.70M | -74.00M | 38.80M | 35.36M | 48.63K |
Income before tax | -187.33M | -1.23B | -1.10B | -2.68B | -1.94B | -10.86M |
Income tax expense | -2.02M | 3.05M | -1.00M | 4.84M | -400.54K | 48.63K |
Net income | -185.31M | -1.23B | -1.10B | -2.68B | -1.94B | -10.86M |
Earnings per share | ||||||
Basic EPS | 0 | -0.01 | 0 | -97.79 | -138.75 | -0.38 |
Diluted EPS | 0 | -0.01 | 0 | -97.79 | -138.75 | -0.38 |
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