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Fangdd Network (DUO) Research & Development (2018 - 2022)

Fangdd Network has reported Research & Development over the past 5 years, most recently at -$1.7 million for Q4 2022.

  • Quarterly Research & Development rose 57.8% to -$1.7 million in Q4 2022 from the year-ago period, while the trailing twelve-month figure was -$21.4 million through Dec 2022, down 137.33% year-over-year, with the annual reading at $3.4 million for FY2024, 25.03% down from the prior year.
  • Research & Development was -$1.7 million for Q4 2022 at Fangdd Network, up from -$4.0 million in the prior quarter.
  • Over five years, Research & Development peaked at $10.7 million in Q4 2020 and troughed at -$71.9 million in Q4 2019.
  • The 5-year median for Research & Development is -$8.8 million (2018), against an average of -$10.5 million.
  • Year-over-year, Research & Development tumbled 829.01% in 2019 and then surged 189.72% in 2020.
  • A 5-year view of Research & Development shows it stood at -$7.7 million in 2018, then tumbled by 829.01% to -$71.9 million in 2019, then skyrocketed by 114.88% to $10.7 million in 2020, then plummeted by 137.24% to -$4.0 million in 2021, then skyrocketed by 57.8% to -$1.7 million in 2022.
  • Per Business Quant, the three most recent readings for DUO's Research & Development are -$1.7 million (Q4 2022), -$4.0 million (Q4 2021), and -$10.0 million (Q2 2021).