Fangdd Network (DUO) Operating Expenses (2018 - 2022)
Fangdd Network (DUO) posted quarterly Operating Expenses of -$9.4 million for Q4 2022, up 85.09% year-over-year from -$5.1 million in Q4 2021, and up 85.09% quarter-over-quarter from -$62.9 million in Q4 2021.
Fangdd Network (DUO) Operating Expenses (2018 - 2022) Analysis & Trends
Fangdd Network (DUO) has reported Operating Expenses for 5 consecutive years, with -$9.4 million the latest figure, recorded in Q4 2022.
- In Q4 2022, Operating Expenses rose 85.09% year-over-year to -$9.4 million; the TTM figure through Jun 2024 stood at -$9.4 million (up 87.02% YoY), while the FY2025 annual figure was $28.2 million, up 9.66% from the prior year.
- Operating Expenses improved to -$9.4 million in Q4 2022 per DUO's latest filing, from -$62.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $62.8 million in Q2 2019 and bottomed at -$127.7 million in Q4 2019.
- Historically, Operating Expenses has averaged -$18.7 million across 5 years, with a median of -$17.4 million in 2019.
- Annual changes were most pronounced in 2019 — Operating Expenses tumbled 657.47% — and 2020, when it jumped 240.13%.
- Fangdd Network's Operating Expenses stood at -$16.9 million in 2018, then sank by 657.47% to -$127.7 million in 2019, then soared by 115.17% to $19.4 million in 2020, then plunged by 424.7% to -$62.9 million in 2021, then jumped by 85.09% to -$9.4 million in 2022.
- Business Quant data shows DUO's Operating Expenses at -$9.4 million in Q4 2022, -$62.9 million in Q4 2021, and -$31.7 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 44.30 Bn | 42.81 Bn | 2.09 Bn | - |
| 2 | KE Holdings | 18.87 Bn | 15.99 Bn | 661.06 Mn | -476.55 Mn |
| 3 | Jones Lang Lasalle | 17.79 Bn | 17.34 Bn | - | 6.64 Bn |
| 4 | Costar | 13.04 Bn | 11.78 Bn | 728.00 Mn | 652.00 Mn |
| 5 | Compass | 9.00 Bn | 8.31 Bn | 3.88 Bn | 4.18 Bn |
| 6 | FirstService | 6.55 Bn | 6.32 Bn | 480.66 Mn | 359.42 Mn |
| 7 | Colliers International | 5.46 Bn | 5.40 Bn | 635,105.00 Bn | 485.10 Mn |
| 8 | Cushman & Wakefield | 3.45 Bn | 2.95 Bn | 512.00 Mn | 2.63 Bn |
| 9 | Opendoor Technologies | 3.35 Bn | 2.45 Bn | 86.00 Mn | 230.00 Mn |
| 10 | Fangdd Network | 4.58 Mn | -15.75 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | -9.38 Mn |
| Dec 31, 2021 | -62.87 Mn |
| Jun 30, 2021 | -31.74 Mn |
| Mar 31, 2021 | -21.65 Mn |
| Dec 31, 2020 | 19.36 Mn |
| Sep 30, 2020 | 24.39 Mn |
| Jun 30, 2020 | -21.72 Mn |
| Mar 31, 2020 | -27.14 Mn |
| Dec 31, 2019 | -127.65 Mn |
| Sep 30, 2019 | -17.41 Mn |
| Jun 30, 2019 | 62.76 Mn |
| Dec 31, 2018 | -16.85 Mn |
| Sep 30, 2018 | -12.85 Mn |