Fangdd Network (DUO) Revenue (2018 - 2022)
Fangdd Network (DUO) posted quarterly Revenue of $8.4 million for Q4 2022, down 33.27% year-on-year from $12.6 million in Q4 2021, and down 33.27% on a QoQ basis 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.
- Quarterly Revenue fell 33.27% year-over-year to $8.4 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $128.1 million (down 40.03% YoY) and the FY2025 annual result came in at $50.7 million, up 9.22% from the prior year.
- Revenue slipped to $8.4 million in Q4 2022 per DUO's latest filing, from $12.6 million in the prior quarter.
- Over the last five years, Revenue for DUO reached as high as $148.6 million in Q4 2019 and fell as low as $8.4 million in Q4 2022.
- A 5-year average of $83.7 million and a median of $93.9 million in 2020 frame the typical range for Revenue.
- Annual changes were most pronounced in 2019 — Revenue jumped 66.77% — and 2021, when it plunged 86.56%.
- Year by year, Revenue stood at $101.0 million in 2018, then surged by 47.14% to $148.6 million in 2019, then sank by 36.79% to $93.9 million in 2020, then tumbled by 86.56% to $12.6 million in 2021, then slumped by 33.27% to $8.4 million in 2022.
- According to Business Quant data, Revenue over the past three periods registered $8.4 million, $12.6 million, and $62.1 million for Q4 2022, Q4 2021, and Q2 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Colliers International | 4,798.15 Bn | 4,797.86 Bn | - | 1.31 Bn |
| 2 | IHS Holding | 60.96 Bn | 61.13 Bn | 231.80 | 415.40 |
| 3 | KE Holdings | 53.48 Bn | 50.59 Bn | 661.06 Mn | 2.74 Bn |
| 4 | Cbre | 39.71 Bn | 39.92 Bn | 1.85 Bn | 10.53 Bn |
| 5 | Jones Lang Lasalle | 14.96 Bn | 14.65 Bn | - | 6.39 Bn |
| 6 | Costar | 11.08 Bn | 9.80 Bn | 701.00 Mn | 897.00 Mn |
| 7 | Compass | 7.92 Bn | 7.44 Bn | 2.31 Bn | 2.70 Bn |
| 8 | FirstService | 6.01 Bn | 6.28 Bn | 480.66 Mn | 1.45 Bn |
| 9 | Opendoor Technologies | 3.69 Bn | 2.69 Bn | 72.00 Mn | 720.00 Mn |
| 10 | Fangdd Network | 258.02 Mn | 253.48 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 |