Financials in USD. Standardized financial statements.
A compact view of how Qutoutiao Inc. turns revenue into operating income and net income.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Revenue? | $1.02B | $745.56M | $1.08B | $4.34B | $5.29B |
| Revenue Growth? | +37.1% | -31.2% | -75.0% | -17.9% | 0.0% |
| Cost of Revenue? | $560.35M | $415.91M | $562.61M | $1.17B | $1.67B |
| Gross Profit? | $461.54M | $329.64M | $520.44M | $3.17B | $3.61B |
| Gross Margin? | +45.2% | +44.2% | +48.1% | +73.0% | +68.3% |
| Operating Expenses? | $428.07M | $331.54M | $838.94M | $4.36B | $4.64B |
| Operating Income? | $33.47M | -$1.89M | -$318.50M | -$1.19B | -$1.03B |
| EBITDA? | $45.17M | $15.11M | -$340.84M | -$1.13B | -$1.04B |
| Income Before Tax | -$168.42M | -$187.34M | -$915.82M | -$1.24B | -$1.11B |
| Income Tax Expense | -$888,000 | -$2.03M | -$1.05M | $3.05M | -$1.01M |
| Net Income? | -$167.53M | -$185.31M | -$914.77M | -$1.24B | -$1.10B |
| EPS? | $-13.67 | $-26.87 | $-84.75 | $-111.25 | $-98.05 |
| Diluted EPS? | $-13.67 | $-26.87 | $-84.75 | $-111.25 | $-98.05 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality