CNFinance Holdings (CNF) Operating Expenses (2017 - 2023)

CNFinance Holdings (CNF) has reported Operating Expenses for 7 consecutive years, with -$13.6 million the latest figure, recorded in Q4 2023.

• For the quarter ending Q4 2023, Operating Expenses fell 11.67% year-over-year to -$13.6 million; the trailing twelve-month figure through Dec 2023 stood at -$53.4 million (down 6.52% YoY), and the FY2025 full-year result was -$26.1 million, up 52.28% from the prior year.
• Operating Expenses grew to -$13.6 million in Q4 2023 per CNF's latest filing, from -$14.5 million in the prior quarter.
• Across five years, Operating Expenses topped out at -$11.7 million in Q3 2022 and bottomed at -$23.4 million in Q4 2019.
• Historically, Operating Expenses has averaged -$15.2 million across 5 years, with a median of -$14.3 million in 2021.
• The sharpest annual moves came in 2019 and 2023: Operating Expenses soared 45.1% in 2019, then decreased 23.85% in 2023.
• Over 5 years, Operating Expenses stood at -$23.4 million in 2019, then increased by 26.22% to -$17.3 million in 2020, then rose by 3.31% to -$16.7 million in 2021, then advanced by 26.84% to -$12.2 million in 2022, then declined by 11.67% to -$13.6 million in 2023.
• According to Business Quant data, Operating Expenses over the past three periods registered -$13.6 million, -$14.5 million, and -$13.6 million for Q4 2023, Q3 2023, and Q2 2023 respectively.