Token Cat TC
NASDAQ TC
$2.15 +0.07 (+3.37%)
At close: Aug 20, 2026 · 4:00 PM EDT

Token Cat (TC) Operating Expenses (2017 - 2021)

Token Cat (TC) posted Operating Expenses of -$16.9 million for Q4 2021, down 26.74% sequentially from -$13.4 million in Q3 2021, and up 25.63% YoY from -$13.5 million in Q4 2020.

Token Cat (TC) Operating Expenses (2017 - 2021) Analysis & Trends

Token Cat has reported Operating Expenses for 5 years, with the latest figure at -$16.9 million in Q4 2021.

  • Quarterly Operating Expenses rose 25.63% year-over-year to -$16.9 million in Q4 2021, while the trailing twelve-month figure through Jun 2023 was -$16.9 million (up 63.85% YoY) and the FY2025 annual result came in at $5.0 million, down 70.72% from the prior year.
  • Operating Expenses eased to -$16.9 million in Q4 2021 per TC's latest filing, from -$13.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$9.1 million in Q1 2020 and troughed at -$37.2 million in Q2 2019.
  • A 5-year average of -$18.2 million and a median of -$16.9 million in 2020 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2018 and 2020: Operating Expenses sank 100.31% in 2018, then jumped 67.73% in 2020.
  • Over 5 years, Operating Expenses stood at -$13.2 million in 2017, then sank by 99.69% to -$26.3 million in 2018, then decreased by 10.02% to -$28.9 million in 2019, then advanced by 21.26% to -$22.8 million in 2020, then grew by 25.63% to -$16.9 million in 2021.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$16.9 million, -$13.4 million, and -$16.5 million for Q4 2021, Q3 2021, and Q2 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 AppLovin 103.70 Bn 100.65 Bn 1.70 Bn 429.41 Mn
2 Omnicom 24.37 Bn 21.03 Bn 1.30 Bn 5.64 Bn
3 Trade Desk 6.27 Bn 4.78 Bn 530.72 Mn 613.48 Mn
4 Wpp 5.67 Bn 2.50 Bn - -
5 Magnite 3.35 Bn 3.02 Bn 130.79 Mn 161.60 Mn
6 Stagwell 2.09 Bn 1.98 Bn 269.24 Mn 774.76 Mn
7 DoubleVerify Holdings 2.05 Bn 1.84 Bn 161.31 Mn 75.23 Mn
8 Ziff Davis 2.02 Bn 410.50 Mn 241.03 Mn 331.46 Mn
9 Clear Channel Outdoor Holdings 1.22 Bn 1.02 Bn 241.86 Mn 106.55 Mn
10 Token Cat 258,113.25 120,504.47 - -

Historic Data

Download Data
DateValue
Dec 31, 2021 -16.93 Mn
Sep 30, 2021 -13.36 Mn
Jun 30, 2021 -16.54 Mn
Mar 31, 2021 -12.57 Mn
Dec 31, 2020 -22.76 Mn
Sep 30, 2020 -16.90 Mn
Jun 30, 2020 -12.01 Mn
Mar 31, 2020 -9.13 Mn
Dec 31, 2019 -28.90 Mn
Sep 30, 2019 -20.43 Mn
Jun 30, 2019 -37.21 Mn
Mar 31, 2019 -17.36 Mn
Dec 31, 2018 -26.27 Mn
Sep 30, 2018 -21.54 Mn
Jun 30, 2018 -21.40 Mn
Mar 31, 2018 -11.13 Mn
Dec 31, 2017 -13.16 Mn
Sep 30, 2017 -10.76 Mn