Fangdd Network Group Ltd. (DUO)

Accolade Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	339.1	284.96	245.95	942.38	2,451
Revenue Growth (YoY)	19.00%	15.86%	-73.90%	-61.56%	-31.90%
Cost of Revenue	277.36	243.76	221.21	835.87	2,037
Gross Profit	61.75	41.19	24.74	106.51	414.47
Selling, General & Admin	162.64	274.22	208.16	896.27	339.09
Research & Development	24.78	32.14	65.97	167.53	301.4
Operating Expenses	187.41	306.36	274.13	1,064	640.49
Operating Income	-125.66	-265.17	-249.39	-957.3	-226.02
Interest Expense	-	-0.62	-5.14	-8.32	-12.99
Interest & Investment Income	1.68	-	-	-	-
Earnings From Equity Investments	-0.2	0.44	-2.02	-0.05	3.97
Currency Exchange Gain (Loss)	-8.42	0.33	0.38	-0.39	-4.08
Other Non Operating Income (Expenses)	156.35	185.94	101.98	27.91	32.09
EBT Excluding Unusual Items	23.75	-79.07	-154.2	-938.14	-207.03
Impairment of Goodwill	-	-0.45	-	-31.19	-
Gain (Loss) on Sale of Investments	-4.79	-18.8	-70.26	-213.22	0.32
Gain (Loss) on Sale of Assets	1.41	3.33	-	-	-
Asset Writedown	-	-	-7.64	-11.54	-
Other Unusual Items	0.27	-	-	-	-
Pretax Income	20.65	-94.99	-232.1	-1,194	-206.71
Income Tax Expense	-7.66	-1.89	7.49	8.91	14.67
Earnings From Continuing Operations	28.3	-93.1	-239.59	-1,203	-221.38
Minority Interest in Earnings	2.53	1.35	-4.45	31.83	1.09
Net Income	30.83	-91.75	-244.04	-1,171	-220.29
Net Income to Common	30.83	-91.75	-244.04	-1,171	-220.29
Shares Outstanding (Basic)	1	0	0	0	0
Shares Outstanding (Diluted)	1	0	0	0	0
Shares Change (YoY)	121.24%	991.88%	2.78%	1.46%	83.22%
EPS (Basic)	55.26	-363.84	-10566.25	-52116.63	-9946.18
EPS (Diluted)	55.26	-363.84	-10566.25	-52116.63	-9946.18
Free Cash Flow	-91.61	-186.41	-127.18	-73.08	-335.24
Free Cash Flow Per Share	-164.20	-739.21	-5506.45	-3252.00	-15136.49
Gross Margin	18.21%	14.46%	10.06%	11.30%	16.91%
Operating Margin	-37.06%	-93.06%	-101.40%	-101.58%	-9.22%
Profit Margin	9.09%	-32.20%	-99.22%	-124.28%	-8.99%
Free Cash Flow Margin	-27.02%	-65.42%	-51.71%	-7.75%	-13.68%
EBITDA	-125.2	-264.47	-246.65	-949.6	-222.24
EBITDA Margin	-36.92%	-92.81%	-100.28%	-100.77%	-9.07%
D&A For EBITDA	0.46	0.7	2.74	7.7	3.78
EBIT	-125.66	-265.17	-249.39	-957.3	-226.02
EBIT Margin	-37.06%	-93.06%	-101.40%	-101.58%	-9.22%

Updated Sep 27, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q