Fangdd Network (DUO) Research & Development (2018 - 2022)
Fangdd Network (DUO) posted quarterly Research & Development of -$1.7 million for Q4 2022, up 57.8% year-over-year from -$1.1 million in Q4 2021, and up 57.8% quarter-over-quarter from -$4.0 million in Q4 2021.
Fangdd Network (DUO) Research & Development (2018 - 2022) Analysis & Trends
Fangdd Network (DUO) has reported Research & Development for 5 consecutive years, with -$1.7 million the latest figure, recorded in Q4 2022.
- In Q4 2022, Research & Development rose 57.8% year-over-year to -$1.7 million; the TTM figure through Dec 2022 stood at -$21.5 million (down 135.96% YoY), while the FY2025 annual figure was $3.6 million, up 6.92% from the prior year.
- Research & Development improved to -$1.7 million in Q4 2022 per DUO's latest filing, from -$4.0 million in the prior quarter.
- Across five years, Research & Development topped out at $32.8 million in Q2 2019 and bottomed at -$71.9 million in Q4 2019.
- Historically, Research & Development has averaged -$6.9 million across 5 years, with a median of -$7.5 million in 2018.
- Annual changes were most pronounced in 2019 — Research & Development sank 829.01% — and 2020, when it surged 189.72%.
- Fangdd Network's Research & Development stood at -$7.7 million in 2018, then tumbled by 829.01% to -$71.9 million in 2019, then surged by 114.88% to $10.7 million in 2020, then plunged by 137.24% to -$4.0 million in 2021, then surged by 57.8% to -$1.7 million in 2022.
- Business Quant data shows DUO's Research & Development at -$1.7 million in Q4 2022, -$4.0 million in Q4 2021, and -$10.0 million in Q2 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 44.30 Bn | 42.81 Bn | 2.09 Bn | - |
| 2 | KE Holdings | 18.87 Bn | 15.99 Bn | 661.06 Mn | -156.88 Mn |
| 3 | Jones Lang Lasalle | 17.79 Bn | 17.34 Bn | - | - |
| 4 | Costar | 13.04 Bn | 11.78 Bn | 728.00 Mn | 395.00 Mn |
| 5 | Compass | 9.00 Bn | 8.31 Bn | 3.88 Bn | 109.00 Mn |
| 6 | FirstService | 6.55 Bn | 6.32 Bn | 480.66 Mn | - |
| 7 | Colliers International | 5.46 Bn | 5.40 Bn | 635,105.00 Bn | - |
| 8 | Cushman & Wakefield | 3.45 Bn | 2.95 Bn | 512.00 Mn | - |
| 9 | Opendoor Technologies | 3.35 Bn | 2.45 Bn | 86.00 Mn | 65.00 Mn |
| 10 | Fangdd Network | 4.58 Mn | -15.75 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | -1.68 Mn |
| Dec 31, 2021 | -3.98 Mn |
| Jun 30, 2021 | -9.98 Mn |
| Mar 31, 2021 | -5.84 Mn |
| Dec 31, 2020 | 10.70 Mn |
| Sep 30, 2020 | 9.40 Mn |
| Jun 30, 2020 | -9.95 Mn |
| Mar 31, 2020 | -13.61 Mn |
| Dec 31, 2019 | -71.90 Mn |
| Sep 30, 2019 | -10.47 Mn |
| Jun 30, 2019 | 32.85 Mn |
| Dec 31, 2018 | -7.74 Mn |
| Sep 30, 2018 | -7.49 Mn |