9F Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $19.2M | $17.1M | $58.1M | $81.4M | $119.5M | $192.5M | $635.6M |
| Cost of Revenue | $3.6M | $4.1M | $8.7M | $6.7M | — | — | — |
| Gross Profit | $15.6M | $13.0M | $11.4M | $15.7M | — | — | — |
| Gross Margin | 81.2% | 76.2% | 19.6% | 19.3% | — | — | — |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $25.9M | $30.5M | $38.1M | $54.4M | $82.0M | $199.8M | $166.0M |
| Operating Income | $1.6M | $-6.2M | $-27.3M | $-21.8M | $-31.6M | $-259.2M | $-318.9M |
| Operating Margin | 8.4% | -36.4% | -46.9% | -26.8% | -26.5% | -134.7% | -50.2% |
| Interest Expense | — | — | — | — | — | — | — |
| Pretax Income | $32.5M | $3.7M | $-21.4M | $-87.4M | $-31.6M | $-259.2M | $-318.9M |
| Income Tax Expense | $8.1M | $1.9M | $1.1M | $1.7M | $4.2M | $82.5M | $-25.1M |
| Net Income | $24.1M | $6.8M | $-19.8M | $-86.2M | $-36.9M | $-346.2M | $-310.2M |
| Net Margin | 125.2% | 40.0% | -34.0% | -105.9% | -30.8% | -179.8% | -48.8% |
| EPS (Basic) | $0.10 | $0.03 | $-0.08 | $-0.37 | $-0.17 | $-1.74 | $-1.79 |
| EPS (Diluted) | $0.10 | $0.03 | $-0.08 | — | $-0.17 | $-1.74 | $-1.79 |
| Shares Outstanding (Basic) | 235.5M | 235.5M | 235.5M | 233.2M | 213.6M | 198.6M | 174.6M |
| Shares Outstanding (Diluted) | 235.9M | 235.9M | 235.5M | 233.2M | 213.6M | 198.6M | 174.6M |
| Dividends Per Share | — | — | — | — | — | — | — |