← The9 LTD
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $8.1m |
$11.3m
+38.80%
|
$2.5m
-77.39%
|
$49k
-98.07%
|
$96k
+95.42%
|
$21.3m
+22142.62%
|
$17.2m
-19.16%
|
$174.0m
+909.71%
|
$111.7m
-35.81%
|
$107.9m
-3.42%
|
$83.8m
-22.35%
|
|
| 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
-47.69%
|
$2.4m
-34.60%
|
$193k
-91.93%
|
$125k
-35.29%
|
$13.8m
+10971.82%
|
$26.8m
+93.77%
|
$29.8m
+11.50%
|
$15.5m
-47.98%
|
$15.2m
-2.28%
|
$81.4m
+436.35%
|
|
| Gross Profit | $1.1m |
$7.6m
+585.89%
|
$145k
-98.09%
|
($144k)
-199.21%
|
($29k)
+79.89%
|
$7.5m
+26065.83%
|
($9.5m)
-226.95%
|
($4.6m)
+51.46%
|
($219k)
+95.27%
|
$259k
+218.26%
|
$2.4m
+833.98%
|
|
| Research and Development Expense | $11.2m | $6.9m | $3.6m | $1.9m | $374k | $301k | $353k | $278k | $117k | $1.4m | $13.2m | |
| Selling and Marketing Expense | $3.1m | $1.4m | $338k | $304k | $99k | $3.5m | $17.2m | $244k | $34k | $4.9m | $243.6m | |
| General and Administrative Expense | $18.6m | $16.7m | $13.0m | $16.4m | $16.7m | $46.0m | $54.6m | $28.6m | $21.6m | $29.4m | $205.0m | |
| Amortization of Intangible Assets | $1.5m | — | $0 | — | — | — | — | — | — | $220k | — | |
| Operating Lease, Expense | — | — | — | $59k | $107k | $611k | $741k | $701k | $601k | $644k | — | |
| Operating Expenses | $44.2m | $25.1m | $15.4m | $23.4m | ($51.6m) | $57.2m | $129.9m | $40.1m | $7.8m | $40.5m | $256.9m | |
| Operating Income (Loss) | ($42.6m) |
($17.4m)
+59.10%
|
($15.2m)
+12.51%
|
($23.5m)
-54.33%
|
$51.6m
+319.43%
|
($49.7m)
-196.33%
|
($139.4m)
-180.47%
|
($44.8m)
+67.90%
|
($8.1m)
+82.01%
|
($40.2m)
-399.34%
|
($254.4m)
-532.98%
|
|
| Other Operating Income (Expense), Net | $519k | $54k | $33k | $4k | $4k | — | — | — | — | — | — | |
| Interest Expense | $8.1m | $12.9m | $15.2m | $5.0m | $624k | $18.7m | $3.4m | $4.4m | $34.2m | $23.3m | $32.6m | |
| Investment Income, Interest | $23k | $5k | $28k | $3k | $66k | — | — | — | — | $64k | — | |
| 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 | — | |
| 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 | $32.6m | |
| Income (Loss) from Equity Method Investments | ($15.9m) | ($451k) | ($624k) | ($409k) | ($332k) | ($271k) | ($979.5m) | $0 | ($154k) | ($82k) | — | |
| 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) | ($187.9m) | |
| Current Income Tax Expense (Benefit) | $0 | $0 | $235.0m | $193.3m | $402.8m | $415.1m | $979.5m | $144.3m | $72.5m | $408.2m | $110k | |
| Income Tax Expense (Benefit) | ($876k) | — | $0 | $0 | $1.1m | $0 | — | $0 | $0 | $16k | $110k | |
| Net Income (Loss) Attributable to Parent | ($97.5m) |
($26.9m)
+72.36%
|
($31.6m)
-17.20%
|
($25.5m)
+19.12%
|
$61.0m
+338.77%
|
($64.5m)
-205.83%
|
($141.3m)
-119.03%
|
$2.8m
+101.99%
|
($10.1m)
-457.02%
|
($402.4m)
-3900.85%
|
($179.4m)
+55.41%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | ($667.1m) |
($112.1m)
+83.20%
|
($37.5m)
+66.52%
|
($27.4m)
+27.03%
|
$60.8m
+322.03%
|
($64.5m)
-206.14%
|
($141.3m)
-119.03%
|
$2.8m
+101.99%
|
($10.1m)
-457.02%
|
($57.5m)
-472.11%
|
($179.4m)
-211.81%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | ($8.4m) | $608k | ($2.4m) | $13.5m | $3.3m | $5.6m | $4.6m | ($1.0m) | ($30k) | ($925k) | ($179.4m) | |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest | $58.6m | $4.0m | $16.3m | ($1.9m) | ($500k) | ($877k) | ($672k) | ($1.0m) | ($30k) | ($925k) | ($179.4m) | |
| Earnings Per Share, Basic | ($28.34) | ($0.81) | ($4.15) | ($1.79) | $2.42 | ($0.13) | ($0.20) | $0.02 | ($0.01) | ($0.03) | ($27.00) | |
| Earnings Per Share, Diluted | ($28.34) | ($0.81) | ($4.15) | ($1.79) | $2.42 | ($0.13) | ($0.20) | $0.02 | ($0.01) | ($0.03) | ($27.00) | |
| 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) | — | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | 106.4m | 163.6m | 495.3m | 720.2m | 1.0b | 1.4m | 2.3b | 8.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | 106.4m | 163.6m | 495.3m | 720.2m | 1.0b | 1.4m | 2.3b | 8.8m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | $1.5m | — | $0 | — | — | — | — | — | — | — | $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 | — | |
| 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 | — | — |