Fangdd Network (DUO) Revenue (2018 - 2022)
Fangdd Network (DUO) posted quarterly Revenue of $8.4 million for Q4 2022, down 33.27% year-over-year from $12.6 million in Q4 2021, and down 33.27% quarter-over-quarter from $12.6 million in Q4 2021.
Fangdd Network (DUO) Revenue (2018 - 2022) Analysis & Trends
Fangdd Network (DUO) has reported Revenue for 5 consecutive years, with $8.4 million the latest figure, recorded in Q4 2022.
- In Q4 2022, Revenue fell 33.27% year-over-year to $8.4 million; the TTM figure through Dec 2022 stood at $128.1 million (down 40.03% YoY), while the FY2025 annual figure was $50.7 million, up 9.22% from the prior year.
- Revenue declined to $8.4 million in Q4 2022 per DUO's latest filing, from $12.6 million in the prior quarter.
- Across five years, Revenue topped out at $148.6 million in Q4 2019 and bottomed at $8.4 million in Q4 2022.
- Historically, Revenue has averaged $83.7 million across 5 years, with a median of $93.9 million in 2020.
- Annual changes were most pronounced in 2019 — Revenue surged 66.77% — and 2021, when it plunged 86.56%.
- Fangdd Network's Revenue stood at $101.0 million in 2018, then surged by 47.14% to $148.6 million in 2019, then plunged by 36.79% to $93.9 million in 2020, then slumped by 86.56% to $12.6 million in 2021, then sank by 33.27% to $8.4 million in 2022.
- Business Quant data shows DUO's Revenue at $8.4 million in Q4 2022, $12.6 million in Q4 2021, and $62.1 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 44.30 Bn | 42.81 Bn | 2.09 Bn | 11.23 Bn |
| 2 | KE Holdings | 18.87 Bn | 15.99 Bn | 661.06 Mn | 2.74 Bn |
| 3 | Jones Lang Lasalle | 17.79 Bn | 17.34 Bn | - | 6.93 Bn |
| 4 | Costar | 13.04 Bn | 11.78 Bn | 728.00 Mn | 925.00 Mn |
| 5 | Compass | 9.00 Bn | 8.31 Bn | 3.88 Bn | 4.31 Bn |
| 6 | FirstService | 6.55 Bn | 6.32 Bn | 480.66 Mn | 1.45 Bn |
| 7 | Colliers International | 5.46 Bn | 5.40 Bn | 635,105.00 Bn | 1,572,499.00 Bn |
| 8 | Cushman & Wakefield | 3.45 Bn | 2.95 Bn | 512.00 Mn | 2.76 Bn |
| 9 | Opendoor Technologies | 3.35 Bn | 2.45 Bn | 86.00 Mn | 883.00 Mn |
| 10 | Fangdd Network | 4.58 Mn | -15.75 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 8.42 Mn |
| Dec 31, 2021 | 12.62 Mn |
| Jun 30, 2021 | 62.12 Mn |
| Mar 31, 2021 | 44.90 Mn |
| Dec 31, 2020 | 93.92 Mn |
| Sep 30, 2020 | 118.34 Mn |
| Jun 30, 2020 | 104.11 Mn |
| Mar 31, 2020 | 38.99 Mn |
| Dec 31, 2019 | 148.58 Mn |
| Sep 30, 2019 | 135.24 Mn |
| Jun 30, 2019 | 139.12 Mn |
| Dec 31, 2018 | 100.98 Mn |
| Sep 30, 2018 | 81.09 Mn |