9f Inc. income statement
In fiscal 2025, 9f Inc. reported revenue of $18.7m, up 7.6% on the year before, operating income of $1.6m (a 8.4% margin) and net income of $23.4m, or $1.98 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 998 | 842 | 641 | 182 | 118 | 84 | 20 | 17 | 19 |
| Cost of revenue | — | — | — | 1 | 9 | 7 | 9 | 4 | 4 |
| Gross profit | — | — | — | 0 | 22 | 16 | 11 | 13 | 15 |
| Selling and marketing | 332 | 265 | 339 | 49 | 26 | 9 | 4 | 2 | 2 |
| General and administrative | 455 | 176 | 167 | 189 | 81 | 56 | 38 | 31 | 25 |
| Operating income | — | — | — | −186 | −9 | −22 | −27 | −6 | 2 |
| Income before tax | 150 | 367 | −322 | −245 | −31 | −90 | −21 | 4 | 32 |
| Income tax | 52 | 61 | −25 | 78 | 4 | 2 | 1 | 2 | 8 |
| Net income | 88 | 300 | −313 | −327 | −36 | −89 | −20 | 7 | 23 |
| Diluted EPS | — | — | −$36.00 | −$32.96 | −$3.41 | −$7.59 | −$1.70 | $0.58 | $1.98 |
| Diluted shares (average) | 7m | 9m | 9m | 10m | 11m | 12m | 12m | 12m | 12m |
| EBITDA | — | — | — | −184 | −5 | −20 | −26 | −5 | 3 |
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