The9 LTD
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $11.3M | $8.1M | $7.2M | $10.5M | $17.6M | $26.3M | $17.9M |
| Cost of Revenue | $3.7M | $7.0M | $10.5M | $13.8M | $17.8M | $11.1M | $6.2M |
| Gross Profit | $7.6M | $1.1M | $-3.3M | $-3.5M | $-500.1K | $13.6M | $10.7M |
| Gross Margin | 67.4% | 13.6% | -45.8% | -33.2% | -2.8% | 52.0% | 59.8% |
| Operating Expenses | |||||||
| Research & Development | $6.9M | $11.2M | $20.8M | $25.2M | $35.2M | $48.4M | $33.7M |
| SG&A Expense | $16.7M | $18.6M | $20.3M | $17.9M | $26.8M | $27.3M | $27.8M |
| Operating Income | $-17.4M | $-42.6M | $-50.4M | $-25.9M | $-87.6M | $-95.1M | $-61.0M |
| Operating Margin | -154.8% | -525.2% | -700.5% | -248.1% | -497.3% | -362.1% | -341.5% |
| Interest Expense | $12.9M | $8.1M | $987.6K | — | — | — | — |
| Pretax Income | $-26.1M | $-81.0M | $-52.7M | — | — | — | — |
| Income Tax Expense | — | $-875.6K | $0 | $0 | $0 | $0 | $26 |
| Net Income | $-26.9M | $-97.5M | $-59.4M | $-17.4M | $-86.9M | $-82.5M | $-45.2M |
| Net Margin | -239.4% | -1,202.2% | -825.2% | -166.1% | -493.6% | -314.2% | -252.8% |
| EPS (Basic) | $-0.27 | $-1.36 | $-0.85 | $-0.25 | $-1.25 | $-1.12 | $-0.60 |
| EPS (Diluted) | $-0.27 | $-1.36 | $-0.85 | $-0.25 | $-1.25 | $-1.12 | $-0.60 |
| Shares Outstanding (Basic) | 133.6M | 71.7M | 71.1M | 69.6M | 69.4M | 73.5M | 73.4M |
| Shares Outstanding (Diluted) | 133.6M | 71.7M | 71.1M | 69.6M | 69.4M | 73.5M | 73.4M |
| Dividends Per Share | — | — | — | — | — | — | — |