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

Fangdd Network (DUO) has reported Research & Development for 5 consecutive years, with -$1.7 million the latest figure, recorded in Q4 2022.

• Quarterly Research & Development rose 57.8% year-over-year to -$1.7 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was -$21.5 million (down 135.96% YoY) and the FY2025 annual result came in at $3.6 million, up 6.92% from the prior year.
• Research & Development advanced to -$1.7 million in Q4 2022 per DUO's latest filing, from -$4.0 million in the prior quarter.
• Over the last five years, Research & Development for DUO reached as high as $32.8 million in Q2 2019 and fell as low as -$71.9 million in Q4 2019.
• A 5-year average of -$6.9 million and a median of -$7.5 million in 2018 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2019 — Research & Development sank 829.01% — and 2020, when it jumped 189.72%.
• Year by year, Research & Development stood at -$7.7 million in 2018, then plunged by 829.01% to -$71.9 million in 2019, then surged by 114.88% to $10.7 million in 2020, then sank by 137.24% to -$4.0 million in 2021, then surged by 57.8% to -$1.7 million in 2022.
• According to Business Quant data, Research & Development over the past three periods registered -$1.7 million, -$4.0 million, and -$10.0 million for Q4 2022, Q4 2021, and Q2 2021 respectively.