The9 Past Earnings Performance
Past criteria checks 0/6
The9's earnings have been declining at an average annual rate of -32.8%, while the Software industry saw earnings growing at 20% annually. Revenues have been growing at an average rate of 52.2% per year.
Key information
-32.8%
Earnings growth rate
20.7%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 52.2% |
| Return on equity | -79.6% |
| Net Margin | -76.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Market Cool On The9 Limited's (NASDAQ:NCTY) Revenues Pushing Shares 29% Lower
Aug 06
The9 Limited (NASDAQ:NCTY) Stock Rockets 32% But Many Are Still Ignoring The Company
Jun 18A Piece Of The Puzzle Missing From The9 Limited's (NASDAQ:NCTY) 27% Share Price Climb
May 03Cautious Investors Not Rewarding The9 Limited's (NASDAQ:NCTY) Performance Completely
Mar 05The9 announces custody account with Coinbase Global's subsidiary
Jun 17The9 to acquire a Canadian clean energy cryptocurrency mining facilities
Jun 04The9 Limited: Skeptical Of This New Crypto Miner With Lofty Ambitions
Feb 02The9 rallies on signing term sheer with cryptocurrencies mining investors
Jan 04The9 receives Nasdaq notice
Nov 17Revenue & Expenses Breakdown
How The9 makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 179 | -137 | 205 | 2 |
| 30 Sep 23 | 163 | -219 | 161 | 2 |
| 30 Jun 23 | 172 | -739 | 396 | 3 |
| 31 Mar 23 | 145 | -857 | 446 | 3 |
| 31 Dec 22 | 108 | -689 | 364 | 2 |
| 30 Sep 22 | 87 | -791 | 454 | 2 |
| 30 Jun 22 | 61 | -865 | 518 | 2 |
| 31 Mar 22 | 98 | -638 | 417 | 2 |
| 31 Dec 21 | 136 | -387 | 291 | 2 |
| 30 Sep 21 | 131 | -251 | 235 | 2 |
| 30 Jun 21 | 126 | -91 | 155 | 3 |
| 31 Mar 21 | 63 | 153 | 132 | 3 |
| 31 Dec 20 | 1 | 397 | 109 | 2 |
| 30 Sep 20 | 1 | 310 | 124 | 4 |
| 30 Jun 20 | 1 | 222 | 139 | 5 |
| 31 Mar 20 | 0 | 16 | 128 | 9 |
| 31 Dec 19 | 0 | -191 | 116 | 13 |
| 30 Sep 19 | 4 | -201 | 106 | 17 |
| 30 Jun 19 | 7 | -211 | 97 | 21 |
| 31 Mar 19 | 12 | -235 | 94 | 23 |
| 31 Dec 18 | 17 | -258 | 92 | 25 |
| 30 Sep 18 | 43 | -191 | 83 | 29 |
| 30 Jun 18 | 68 | -124 | 75 | 33 |
| 31 Mar 18 | 70 | -149 | 96 | 39 |
| 31 Dec 17 | 73 | -175 | 118 | 45 |
| 30 Sep 17 | 61 | -281 | 144 | 52 |
| 30 Jun 17 | 49 | -386 | 169 | 59 |
| 31 Mar 17 | 53 | -531 | 160 | 68 |
| 31 Dec 16 | 56 | -677 | 150 | 78 |
| 30 Sep 16 | 51 | -675 | 153 | 97 |
| 30 Jun 16 | 45 | -674 | 155 | 116 |
| 31 Mar 16 | 46 | -529 | 159 | 126 |
| 31 Dec 15 | 46 | -385 | 163 | 135 |
| 30 Sep 15 | 54 | -251 | 160 | 137 |
| 30 Jun 15 | 61 | -117 | 156 | 139 |
| 31 Mar 15 | 63 | -112 | 159 | 148 |
| 31 Dec 14 | 64 | -108 | 163 | 156 |
| 30 Jun 14 | 86 | -386 | 186 | 180 |
| 31 Mar 14 | 95 | -456 | 233 | 197 |
| 31 Dec 13 | 105 | -526 | 279 | 213 |
Quality Earnings: NCTY is currently unprofitable.
Growing Profit Margin: NCTY is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NCTY is unprofitable, and losses have increased over the past 5 years at a rate of 32.8% per year.
Accelerating Growth: Unable to compare NCTY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NCTY is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (25.2%).
Return on Equity
High ROE: NCTY has a negative Return on Equity (-79.56%), as it is currently unprofitable.