Stocktoria
The9 LTD NCTY
Nasdaq · stock · Finance Services · website · IPO 2004-12-16
The9 LTD financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.4M | $15.3M | $174.0M | $17.2M | $21.3M | $625,488 | $341,495 | $17.5M | $73.2M | $56.3M |
| Gross profit | $259,000 | -$219,000 | -$4.6M | -$9.5M | $7.5M | -$188,648 | -$143,751 | $144,901 | $7.6M | $1.1M |
| R&D expense | $1.4M | $117,000 | $277,519 | $352,748 | $300,907 | $2.4M | $1.9M | $3.6M | $6.9M | $11.2M |
| Operating income | -$40.2M | -$8.1M | -$44.8M | -$95.9M | -$48.3M | $51.6M | -$23.5M | -$15.2M | -$17.4M | -$42.6M |
| Interest expense | — | — | $4.4M | $3.4M | $18.7M | $4.1M | $5.0M | $15.2M | $12.9M | $8.1M |
| Income tax | $16,000 | $0 | $0 | $0 | $0 | $7.2M | $0 | $0 | $0 | -$875,599 |
| Net income | — | -$10.1M | $2.8M | -$141.3M | -$64.5M | $397.9M | -$25.5M | -$31.6M | -$26.9M | -$97.5M |
| EPS (diluted) | $-0.03 | $-0.01 | $0.02 | $-0.20 | $-0.13 | $2.42 | $-1.79 | — | — | — |
| Operating cash flow | -$4.5M | -$6.1M | -$6.5M | -$22.4M | -$107.9M | -$106.3M | -$7.8M | -$14.7M | -$86.7M | -$179.8M |
| Cash & equivalents | $8.4M | $1.5M | $6.4M | $8.4M | $67.2M | $5.0M | $1.5M | $611,401 | $20.7M | $6.0M |
| Total assets | $84.9M | $87.2M | $51.2M | $86.9M | $205.6M | $48.4M | $26.1M | $24.0M | $49.7M | $50.5M |
| Total liabilities | $50.2M | $28.7M | $25.7M | $82.9M | $85.8M | $366.8M | $152.9M | $132.1M | $125.9M | $116.1M |
| Shareholders' equity | $27.3M | $46.4M | $29.1M | $6.6M | $121.8M | -$667.4M | -$177.0M | -$157.8M | -$123.3M | -$101.1M |
Growth · year-over-year · Revenue CAGR -13.4%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +0.8% | -91.2% | +909.7% | -19.2% | +3308.8% | +83.2% | -98.0% | -76.1% | +30.1% | +682.3% |
| Net income growth | — | -457.0% | — | — | -116.2% | — | — | — | — | — |
| EPS growth | — | -150.0% | — | — | -105.4% | — | — | — | — | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.