The9 Limited (NCTY) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q2'19 | Q4'18 | Q2'18 | Q4'17 | Q2'17 | Q4'16 | Q2'16 | Q4'15 | Q2'15 |
|---|
| Sales/Revenue | 19.96M | 92.73M | 82M | 97.05M | 62.58M | 45.78M | 10M | 125.72M | 159.76K | 467.32K | 88.38K | 254.43K | 6.99M | 10.87M | 56.92M | 15.57M | 34.21M | 23.36M | 11.05M | 24.31M |
| Revenue Growth % | -75.66% | -4.44% | 31.03% | 111.99% | 526.06% | -63.59% | 6157.06% | 26802.97% | 80.77% | 83.67% | -98.73% | -97.66% | -87.73% | -30.18% | 66.4% | -33.35% | 209.51% | -3.88% | -40.03% | -11.35% |
| Cost of Goods Sold | 28.69M | 85.71M | 106.18M | 105.72M | 98.54M | 56.77M | 49.56M | 69.13M | 345.85K | 469.89K | 1.2M | 116.48K | 8.09M | 8.69M | 13.65M | 9.9M | 20.79M | 28.8M | 33.06M | 34.69M |
| COGS % of Revenue | 143.72% | 92.42% | 129.48% | 108.94% | 157.45% | 124.01% | 495.81% | 54.99% | 216.48% | 100.55% | 1361.05% | 45.78% | 115.77% | 79.97% | 23.98% | 63.6% | 60.77% | 123.27% | 299.1% | 142.7% |
| Gross Profit | -8.73M | 7.03M | -24.18M | -8.67M | -35.96M | -10.99M | -39.57M | 56.59M | -186.09K | -2.57K | -1.11M | 137.95K | -1.1M | 2.18M | 43.27M | 5.67M | 13.42M | -5.44M | -5.48M | -10.38M |
| Gross Margin % | -43.72% | 7.58% | -29.48% | -8.94% | -57.45% | -24.01% | -395.81% | 45.01% | -116.48% | -0.55% | -1261.05% | 54.22% | -15.77% | 20.03% | 76.02% | 36.4% | 39.23% | -23.27% | -49.55% | -42.7% |
| Gross Profit Growth % | 63.9% | 181.05% | 32.76% | 21.1% | 9.13% | -119.42% | -21162.39% | 2202007.39% | 83.3% | -101.86% | -1.2% | -93.67% | -102.55% | -61.58% | 222.46% | 204.26% | 345.05% | 47.62% | -51.7% | 27.34% |
| Operating Expenses | 100.77M | 60.25M | 13.16M | 271.75M | 131.32M | 240M | 210.82M | 104.08M | -3.57M | 58.75M | 84.38M | 43.52M | 74.91M | 43.34M | 64.91M | 96.41M | 130.69M | 99.44M | 90.15M | 124.87M |
| OpEx % of Revenue | 504.88% | 64.97% | 16.04% | 280.02% | 209.84% | 524.29% | 2109% | 82.78% | -2235.16% | 12571.79% | 95471.39% | 17105.19% | 1072.33% | 398.7% | 114.04% | 619.19% | 382.05% | 425.6% | 815.69% | 513.7% |
| Selling, General & Admin | 100.4M | 59.75M | 72.17M | 132.63M | 129.57M | 239.34M | 209.95M | 103.04M | 51.74M | 57.85M | 80.03M | 34.76M | 62.5M | 30.69M | 44.61M | 72.06M | 48.08M | 55.06M | 106.08M | 62.66M |
| SG&A % of Revenue | 503.03% | 64.43% | 88.01% | 136.67% | 207.03% | 522.84% | 2100.3% | 81.96% | 32383.93% | 12380.11% | 90555.44% | 13660.22% | 894.7% | 282.33% | 78.38% | 462.81% | 140.56% | 235.66% | 959.8% | 257.78% |
| Research & Development | 458.56K | 407.86K | 1.12M | 886.14K | 1.76M | 662.72K | 870.26K | 1.04M | 1.55M | 895.79K | 4.34M | 8.76M | 12.41M | 12.65M | 20.3M | 24.35M | 35.19M | 44.54M | 36.3M | 62.44M |
| R&D % of Revenue | 2.3% | 0.44% | 1.37% | 0.91% | 2.81% | 1.45% | 8.71% | 0.83% | 967.29% | 191.69% | 4915.95% | 3444.97% | 177.62% | 116.37% | 35.67% | 156.38% | 102.87% | 190.66% | 328.45% | 256.89% |
| Other Operating Expenses | -88.46K | 87.64K | -1000K | 1000K | 0 | 7 | 6 | 0 | -1000K | 0 | 0 | 7 | 7 | 0 | 7 | 0 | 1000K | -166.33K | -1000K | -234K |
| Operating Income | -109.5M | -53.22M | -37.33M | -280.42M | -167.28M | -251M | -250.39M | -47.49M | 3.38M | -58.75M | -85.49M | -43.38M | -76.01M | -41.17M | -21.64M | -90.75M | -117.27M | -104.87M | -95.63M | -135.25M |
| Operating Margin % | -548.6% | -57.39% | -45.53% | -288.96% | -267.29% | -548.3% | -2504.81% | -37.77% | 2118.68% | -12572.34% | -96732.44% | -17050.97% | -1088.09% | -378.67% | -38.02% | -582.79% | -342.82% | -448.87% | -865.24% | -556.41% |
| Operating Income Growth % | -193.3% | 81.02% | 77.68% | -11.72% | 33.19% | -428.55% | -7497.4% | 19.17% | 103.96% | -35.43% | -12.47% | -5.39% | -251.26% | 54.64% | 81.55% | 13.47% | -22.63% | 22.46% | 45.15% | 19.13% |
| EBITDA | -48.03M | -53.22M | 3.84M | -234.73M | -77.61M | -251M | -219.51M | -31.29M | 3.57M | -58.49M | -83.96M | -25.06M | -66.85M | -41.17M | -21.64M | -79.18M | -118.25M | -397.93M | -87.19M | -112.99M |
| EBITDA Margin % | -240.66% | -57.39% | 4.69% | -241.88% | -124.01% | -548.3% | -2195.87% | -24.89% | 2236.69% | -12516.87% | -95003.15% | -9849.27% | -956.95% | -378.67% | -38.02% | -508.49% | -345.68% | -1703.21% | -788.87% | -464.83% |
| EBITDA Growth % | -1350.02% | 77.33% | 104.95% | 6.48% | 64.64% | -702.04% | -6242.87% | 46.5% | 104.26% | -133.42% | -25.6% | 39.13% | -208.93% | 48.01% | 81.7% | 80.1% | -35.63% | -252.19% | 46.79% | 22.73% |
| D&A (Non-Cash Add-back) | 61.46M | 0 | 41.18M | 45.69M | 89.67M | 0 | 30.88M | 16.19M | 188.53K | 259.25K | 1.53M | 18.32M | 9.16M | 0 | 0 | 0 | 0 | 0 | 8.44M | 22.26M |
| EBIT | -109.5M | -53.22M | -26.54M | -130.22M | -167.28M | -251M | -250.39M | -47.49M | -53.47M | -58.75M | -85.49M | -43.38M | -76.01M | -41.17M | -21.64M | -79.18M | -118.25M | -397.93M | -184.59M | -135.25M |
| Net Interest Income | -27.77M | -6.91M | -7.47M | 23.75M | 17.29M | 5.92M | 34.55B | 44.32M | 34.47B | -3.82M | -17.29M | -17.19M | -53.47M | -51.11M | -41.14M | -42.75M | -23.93M | -33.62M | -3.31M | 1.2M |
| Interest Income | 0 | 0 | 0 | 23.75M | 17.29M | 5.92M | 74.86M | 44.32M | 180.28K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -422.79K | 1.2M |
| Interest Expense | 27.77M | 6.91M | 7.47M | 3.43M | 2.48M | 933.22K | -34.47B | 6.85M | -34.47B | 3.82M | 17.29M | 17.19M | 53.47M | 51.11M | 41.14M | 42.75M | 23.93M | 33.62M | 0 | 0 |
| Other Income/Expense | 37.05M | 50.81M | 165.05M | 8.42M | -15.66M | -273.16M | -34.77M | -81.19M | 30.12M | 427.1M | -57.74M | -7.28M | -78.37M | -47.4M | 33.81M | -32.13M | -24.91M | -326.67M | -13.18M | -1.31M |
| Pretax Income | -72.45M | -2.41M | 127.72M | -272M | -182.94M | -524.16M | -285.16M | -128.68M | 33.51M | 368.35M | -143.23M | -50.66M | -154.38M | -88.56M | 12.17M | -122.88M | -142.18M | -431.55M | -108.81M | -136.56M |
| Pretax Margin % | -362.96% | -2.6% | 155.75% | -280.28% | -292.3% | -1145.01% | -2852.67% | -102.35% | 20973.77% | 78821.43% | -162064.29% | -19911.34% | -2209.89% | -814.68% | 21.38% | -789.12% | -415.65% | -1847.09% | -984.54% | -561.8% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.19M | 0 | 0 | 0 | 0 | 0 | 0 | -6.26M | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1.95% | 0% | 0% | 0% | 0% | 0% | 0% | 4.4% | 0% | 0% | 0% |
| Net Income | -74.89M | 227.59K | 289.81M | -269.81M | -387.79M | -599.31M | -282.56M | -125.72M | 35.19M | 363.2M | -136.87M | -51.61M | -160.42M | -101.76M | -25.54M | -147.75M | -243.7M | -447.27M | -233.86M | -150.78M |
| Net Margin % | -375.19% | 0.25% | 353.41% | -278.02% | -619.63% | -1309.19% | -2826.63% | -100% | 22024.67% | 77719.35% | -154869.02% | -20286.05% | -2296.45% | -936.02% | -44.87% | -948.9% | -712.43% | -1914.39% | -2115.99% | -620.29% |
| Net Income Growth % | -125.84% | 100.08% | 174.73% | 54.98% | -37.24% | -376.71% | -903.03% | -134.61% | 125.71% | 803.69% | 14.68% | 49.28% | -528.07% | 31.13% | 89.52% | 66.97% | -4.21% | -196.65% | -783.53% | -6.25% |
| Net Income (Continuing) | -72.45M | -2.41M | 127.72M | -272M | -182.94M | -524.16M | -285.16M | -128.68M | 33.51M | 361.16M | -143.23M | -50.66M | -154.38M | -88.56M | 12.17M | -122.88M | -135.92M | -431.55M | -108.81M | -136.56M |
| Discontinued Operations | 0 | 0 | 1000K | -1000K | -1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -13.78M | -27.55M | -24.94M | -21.37M | -17.77M | -16.3M | -13.02M | -10.87M | -379.72M | -395.18M | -392.88M | -382.12M | -373.19M | -358.9M | -328.55M | -86.4M | -115.67M | -140.35M | 134.89M | 116.42M |
| EPS (Diluted) | -14.40 | 0.06 | 17.31 | -90.00 | -150.00 | -267.00 | -132.00 | -111.00 | 24.66 | 936.00 | -327.00 | -180.00 | -606.00 | -651.00 | -180.00 | -1875.00 | -3057.00 | -5628.00 | -1506.00 | -1950.00 |
| EPS Growth % | -183.19% | 100.07% | 111.54% | 66.29% | -13.64% | -140.54% | -635.28% | -111.86% | 107.54% | 620% | 46.04% | 72.35% | -236.67% | 65.28% | 94.11% | 66.68% | -102.99% | -188.62% | -439.19% | -6.04% |
| EPS (Basic) | -14.40 | 0.06 | 17.31 | -90.00 | -150.00 | -267.00 | -132.00 | -111.00 | 48.00 | 936.00 | -360.00 | -180.00 | -606.00 | -651.00 | -180.00 | -1875.00 | -2970.00 | -2769.00 | -1506.00 | -1950.00 |
| Diluted Shares Outstanding | 5.1M | 4.25M | 3.8M | 2.94M | 2.63M | 2.17M | 2.18M | 1.12M | 704.41K | 386.25K | 428.44K | 280.94K | 263.52K | 150.57K | 143.12K | 79.72K | 79.7K | 79.46K | 77.57K | 77.34K |
| Basic Shares Outstanding | 5.1M | 4.25M | 3.8M | 2.95M | 2.63M | 2.17M | 2.18M | 1.12M | 713.58K | 387.04K | 389.08K | 280.94K | 263.52K | 150.4K | 143.12K | 79.72K | 79.7K | 79.46K | 77.57K | 77.34K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |