The9 (NCTY) Operating Expenses (2009 - 2020)
The9 (NCTY) recorded quarterly Operating Expenses of $50.8 million in Q4 2020, up 320.14% quarter-over-quarter from -$23.1 million in Q4 2019, and up 320.14% on a YoY basis from $12.1 million in Q1 2020.
The9 (NCTY) Operating Expenses (2009 - 2020) Analysis & Trends
The9's Operating Expenses history runs 12 years deep, the most recent figure standing at $50.8 million for Q4 2020.
- In Q4 2020, Operating Expenses rose 320.14% year-over-year to $50.8 million; the TTM figure through Jun 2022 stood at $50.8 million (up 83.24% YoY), while the FY2025 annual figure was $40.5 million, up 416.61% from the prior year.
- Operating Expenses was $50.8 million for Q4 2020 at The9, up from -$23.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $50.8 million in Q4 2020 to a low of -$23.1 million in Q4 2019.
- Historically, Operating Expenses has averaged -$2.4 million across 5 years, with a median of -$10.8 million in 2018.
- The sharpest annual moves came in 2019 and 2020: Operating Expenses sank 114.12% in 2019, then surged 320.14% in 2020.
- A 5-year view of Operating Expenses shows it stood at -$19.1 million in 2016, then soared by 48.21% to -$9.9 million in 2017, then dropped by 9.02% to -$10.8 million in 2018, then tumbled by 114.12% to -$23.1 million in 2019, then jumped by 320.14% to $50.8 million in 2020.
- The last three Operating Expenses figures came in at $50.8 million (Q4 2020), -$23.1 million (Q4 2019), and -$10.8 million (Q4 2018), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | 386,258.80 |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 13.47 Bn |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 10.43 Bn |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 3.29 Bn |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 656.00 Mn |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 381.00 Mn |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 4.45 Bn |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 330.51 Mn |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | 81.75 Mn |
| 10 | The9 | 1.59 Bn | 1.60 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 50.83 Mn |
| Dec 31, 2019 | -23.09 Mn |
| Dec 31, 2018 | -10.78 Mn |
| Dec 31, 2017 | -9.89 Mn |
| Dec 31, 2016 | -19.10 Mn |
| Dec 31, 2015 | -27.98 Mn |
| Dec 31, 2014 | 2.22 Mn |
| Dec 31, 2013 | -20.89 Mn |
| Sep 30, 2013 | -20.83 Mn |
| Jun 30, 2013 | -24.34 Mn |
| Mar 31, 2013 | -20.43 Mn |
| Dec 31, 2012 | -23.89 Mn |
| Sep 30, 2012 | -32.90 Mn |
| Jun 30, 2012 | -26.57 Mn |
| Mar 31, 2012 | -24.38 Mn |
| Dec 31, 2011 | -22,277.55 Bn |
| Sep 30, 2011 | -22,466.44 Bn |
| Jun 30, 2011 | -16.02 Mn |
| Mar 31, 2011 | -14.25 Mn |
| Dec 31, 2010 | -17,850.00 Bn |