The9 (NCTY) Operating Expenses (2009 - 2020)
The9's quarterly Operating Expenses came in at -$16.8 million in Q4 2020, up 2.27% year-on-year from -$16.4 million in Q1 2020, and up 2.27% quarter-over-quarter from -$17.2 million in Q4 2019.
The9 has reported Operating Expenses for 12 years, with the latest figure at -$16.8 million in Q4 2020.
- For the quarter ending Q4 2020, Operating Expenses rose 2.27% year-over-year to -$16.8 million; the trailing twelve-month figure through Jun 2022 stood at -$16.8 million (up 50.57% YoY), and the FY2025 full-year result was $40.5 million, up 416.61% from the prior year.
- Operating Expenses for Q4 2020 stood at -$16.8 million, up from -$17.2 million in the prior quarter.
- The five-year high for Operating Expenses was -$9.9 million in Q4 2017, with the low at -$19.1 million in Q4 2016.
- Average Operating Expenses over 5 years is -$14.7 million, with a median of -$16.8 million recorded in 2020.
- Year-over-year, Operating Expenses jumped 48.21% in 2017 and tumbled 59.19% in 2019.
- Tracing NCTY's Operating Expenses over 5 years: stood at -$19.1 million in 2016, then jumped by 48.21% to -$9.9 million in 2017, then declined by 9.02% to -$10.8 million in 2018, then plunged by 59.19% to -$17.2 million in 2019, then advanced by 2.27% to -$16.8 million in 2020.
- The last three Operating Expenses figures came in at -$16.8 million (Q4 2020), -$17.2 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 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 13.47 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 10.43 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 3.29 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 656.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 381.00 Mn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 242.35 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 4.45 Bn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 81.75 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 330.51 Mn |
| 10 | The9 | 1.57 Bn | 1.57 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | -16.78 Mn |
| Dec 31, 2019 | -17.17 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 |
| Sep 30, 2010 | -11,686.59 Bn |
| Jun 30, 2010 | -11.06 Mn |
| Mar 31, 2010 | -11.90 Mn |
| Dec 31, 2009 | -21.12 Mn |
| Sep 30, 2009 | -15.99 Mn |
| Jun 30, 2009 | -22.32 Mn |
| Mar 31, 2009 | -18.31 Mn |