Direct Lending Program Revenue was 9F’s largest revenue line in fiscal 2020, bringing in $519.54M of $1.26B (41%).
| Major Products | FY 2017 | FY 2018 | FY 2019 | FY 2020 |
|---|---|---|---|---|
| Loan Product Revenue | — | — | $3.59B | — |
| Loan Product | $6.27B | $4.93B | — | — |
| Direct Lending Program Revenue | — | — | — | $519.54M |
| Wealth Management Product Revenue | $442.81M | $471.06M | $573.36M | — |
| Non-Revolving Loan Products | — | — | — | $286.58M |
| Revolving Loan Products | — | — | — | $230.12M |
| Others | $33.07M | $154.91M | $146.72M | $175.78M |
| Sales Income | — | — | $114.19M | $5.67M |
| Technical Services | — | — | — | $38.31M |
| Total | $6.74B | $5.56B | $4.42B | $1.26B |
9F brought in $1.26B from its six revenue lines in fiscal 2020, the year ended December 31, 2020. 9F regrouped these revenue lines after fiscal 2019, so the total does not compare directly with that year's $4.42B. Direct Lending Program Revenue was the largest at $519.54M (41.4%), ahead of Non-Revolving Loan Products at $286.58M (22.8%) and Revolving Loan Products at $230.12M (18.3%). The other three revenue lines brought in $219.76M combined.
9F began breaking out Direct Lending Program Revenue in fiscal 2020, Non-Revolving Loan Products in fiscal 2020, Revolving Loan Products in fiscal 2020 and Sales Income in fiscal 2019. 9F stopped reporting Loan Product ($4.93B in fiscal 2018), Loan Product Revenue ($3.59B in fiscal 2019) and Wealth Management Product Revenue ($573.36M in fiscal 2019) as separate revenue lines.
Post Origination Services was 9F’s largest product and service line in fiscal 2020, bringing in $859.10M of $1.26B (68%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 |
|---|---|---|---|---|
| Loan Facilitation Services | $6.27B | $4.96B | $3.48B | $177.15M |
| Post Origination Services | — | — | — | $859.10M |
| Post-Origination Services | $256.92M | $367.44M | $604.73M | — |
| Other Revenue | — | — | $228.14M | — |
| Others | $212.07M | $228.37M | — | — |
| Other Revenues | — | — | — | $175.78M |
| Sales Income | — | — | $114.19M | $5.67M |
| Technical Services | — | — | — | $38.31M |
| Total | $6.74B | $5.56B | $4.42B | $1.26B |
9F brought in $1.26B from its five product and service lines in fiscal 2020, the year ended December 31, 2020. 9F regrouped these lines after fiscal 2019, so the total does not compare directly with that year's $4.42B. Post Origination Services was the largest at $859.10M (68.4%), ahead of Loan Facilitation Services at $177.15M (14.1%) and Other Revenues at $175.78M (14.0%). The other two lines brought in $43.98M combined.
9F began breaking out Post Origination Services in fiscal 2020, Other Revenues in fiscal 2020, Sales Income in fiscal 2019 and Technical Services in fiscal 2020. 9F stopped reporting Post-Origination Services ($604.73M in fiscal 2019), Others ($228.37M in fiscal 2018) and Other Revenue ($228.14M in fiscal 2019) as separate lines.
9F (JFU) reports its revenue by major products and by product and service. In fiscal 2020, Direct Lending Program Revenue was its largest revenue line, bringing in $519.54M (41.4% of the total), followed by Non-Revolving Loan Products at $286.58M (22.8%).
Direct Lending Program Revenue was 9F's largest revenue line in fiscal 2020, bringing in $519.54M, or 41.4% of the $1.26B total across its six revenue lines.
Post Origination Services was 9F's largest product and service line in fiscal 2020, bringing in $859.10M, or 68.4% of the $1.26B total across its five product and service lines.
Every figure comes from 9F's annual financial filings, as reported. Each line keeps the name 9F gives it, and years follow its fiscal calendar.
9F's revenue by major products goes back to fiscal 2017, with figures through fiscal 2020. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.