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Fangdd Network Group vs Mackenzie Realty Capital

Fangdd Network Group is the larger business, with $49.4m of revenue in fiscal 2025 against $20.0m for Mackenzie Realty Capital (2.5 times as much). Fangdd Network Group grew faster (4.8% against -9.3%). Fangdd Network Group kept more of each dollar of sales as profit: a net margin of -23.9% against -95.5%.

Latest fiscal yearFangdd Network GroupDUO, 2025Mackenzie Realty CapitalMKZR, 2026
Revenue $49.4m $20.0m
Revenue growth 4.8% -9.3%
Net income −$11.8m −$19.1m
Operating margin — -78.0%
Net margin -23.9% -95.5%
Return on equity -17.4% -36.9%
Free cash flow −$11.6m —
Cash $4.2m $3.5m
Total debt $0 $148m
Debt to equity — 339.2%
Dividend per share — —
Dividend yield — 0.0%
Share buybacks — —
Employees — —
Market value $3.7m $2.8m
Price vs our value range — —
Moat score — 15 (Weak)
Insider trades, 12 months 0 buys, 0 sales 17 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.