Fangdd Network (DUO) Tax Provisions (2019 - 2022)
Fangdd Network's (DUO) quarterly Tax Provisions came in at -$1.1 million in Q4 2022, up 24.44% year-over-year from -$845974.5 in Q4 2021, and up 24.44% quarter-over-quarter from -$1.4 million in Q4 2021.
Analysis
Fangdd Network (DUO) Tax Provisions (2019 - 2022) Analysis & Trends
Fangdd Network (DUO) has reported Tax Provisions for 4 consecutive years, with -$1.1 million the latest figure, recorded in Q4 2022.
- On a quarterly basis, Tax Provisions rose 24.44% year-over-year to -$1.1 million in Q4 2022; TTM through Dec 2022 was -$5.2 million, a N/A change from a year earlier, with the FY2025 full-year figure at $2.9 million, up 176.17% from the prior year.
- Tax Provisions was -$1.1 million for Q4 2022 at Fangdd Network, up from -$1.4 million in the prior quarter.
- Over five years, Tax Provisions peaked at -$534323.0 in Q4 2019 and troughed at -$2.2 million in Q4 2020.
- A 4-year average of -$1.3 million and a median of -$1.2 million in 2021 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions tumbled 314.14% in 2020 and jumped 37.04% in 2021, its largest moves.
- Over 4 years, Tax Provisions stood at -$534323.0 in 2019, then plunged by 314.14% to -$2.2 million in 2020, then jumped by 37.04% to -$1.4 million in 2021, then climbed by 24.44% to -$1.1 million in 2022.
- The last three Tax Provisions figures came in at -$1.1 million (Q4 2022), -$1.4 million (Q4 2021), and -$2.2 million (Q4 2020), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Costar | 12.52 Bn | 11.27 Bn | 728.00 Mn | 19.00 Mn |
| 2 | Zillow | 7.78 Bn | 7.10 Bn | 562.00 Mn | 1.00 Mn |
| 3 | Appfolio | 7.58 Bn | 7.36 Bn | 178.53 Mn | 12.90 Mn |
| 4 | Fangdd Network | 3.79 Bn | 3.69 Bn | - | - |
| 5 | SmartRent | 256.76 Mn | 164.10 Mn | 16.22 Mn | -162,000.00 |
| 6 | DeFi Development | 179.51 Mn | 173.23 Mn | 3.29 Mn | 1,000.00 |
| 7 | 3 E Network Technology | 619,891.97 | -278,983.03 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | -1.05 Mn |
| Dec 31, 2021 | -1.39 Mn |
| Dec 31, 2020 | -2.21 Mn |
| Dec 31, 2019 | -534,322.98 |