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

Fangdd Network (DUO) has 5 years of Research & Development data on file, last reported at -$1.7 million in Q4 2022.

• Research & Development for Q4 2022 came in at -$1.7 million, up 57.8% year-over-year; the trailing twelve-month figure through Dec 2022 was -$21.4 million (down 137.33% YoY), and the FY2025 annual result was $3.6 million, up 6.92% from the prior year.
• Research & Development grew to -$1.7 million in Q4 2022 per DUO's latest filing, 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.
• A 5-year average of -$10.3 million and a median of -$7.7 million in 2018 frame the typical range for Research & Development.
• The sharpest annual moves came in 2019 and 2020: Research & Development sank 829.01% in 2019, then surged 189.72% in 2020.
• A 5-year view of Research & Development shows it stood at -$7.7 million in 2018, then slumped by 829.01% to -$71.9 million in 2019, then jumped by 114.88% to $10.7 million in 2020, then tumbled by 137.24% to -$4.0 million in 2021, then jumped 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.