The9 LTD cash flow statement
In fiscal 2025, The9 LTD's operations generated −$4.4m of cash.
Cash flow statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −16 | −37 | −42 | −78 | −58 | 44 | −28 | −27 | −13 | −15 | −8 | −15 | −109 | −23 | −7 | −6 | −4 |
| Depreciation and amortisation | — | — | — | — | 3 | 3 | 2 | 1 | 1 | 1 | — | — | 7 | 14 | 12 | — | — |
| Stock-based pay | 10 | 4 | 8 | 6 | 5 | 1 | 5 | 4 | 6 | 1 | 3 | 8 | 23 | 30 | 10 | 6 | 16 |
| Dividends paid | 29 | 0 | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Share buybacks | 23 | 0 | 3 | 0 | 5 | 0 | — | — | — | — | — | — | — | — | — | — | — |
| Shares issued | — | — | — | — | — | — | — | — | — | 0 | 0 | 7 | 157 | — | — | 2 | 4 |
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