Fangdd Network (DUO) Operating Expenses (2018 - 2022)

Fangdd Network (DUO) has reported Operating Expenses for 5 consecutive years, with -$9.4 million the latest figure, recorded in Q4 2022.

• Quarterly Operating Expenses rose 85.09% year-over-year to -$9.4 million in Q4 2022, while the trailing twelve-month figure through Jun 2024 was -$9.4 million (up 87.02% YoY) and the FY2025 annual result came in at $28.2 million, up 9.66% from the prior year.
• Operating Expenses advanced to -$9.4 million in Q4 2022 per DUO's latest filing, from -$62.9 million in the prior quarter.
• Over the last five years, Operating Expenses for DUO reached as high as $62.8 million in Q2 2019 and fell as low as -$127.7 million in Q4 2019.
• A 5-year average of -$18.7 million and a median of -$17.4 million in 2019 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2019 — Operating Expenses tumbled 657.47% — and 2020, when it soared 240.13%.
• Year by year, Operating Expenses stood at -$16.9 million in 2018, then slumped by 657.47% to -$127.7 million in 2019, then soared by 115.17% to $19.4 million in 2020, then sank by 424.7% to -$62.9 million in 2021, then jumped by 85.09% to -$9.4 million in 2022.
• According to Business Quant data, Operating Expenses over the past three periods registered -$9.4 million, -$62.9 million, and -$31.7 million for Q4 2022, Q4 2021, and Q2 2021 respectively.