NCTY
The9 Limited
NASDAQ · Technology · Electronic Gaming & Multimedia · CN
$4.65
−3.12%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 143.9M | 107.9M | 113.3M | 174.0M | 104.9M |
| Cost of Revenue | 147.8M | 106.1M | 114.9M | 213.2M | 152.3M |
| Gross Profit | (2.2M) | 1.8M | (1.6M) | (39.1M) | (47.4M) |
| Operating Expenses | |||||
| R&D Expense | 8.7M | 9.8M | 868.1K | 2.0M | 2.4M |
| SG&A Expense | 265.5M | 239.8M | 160.3M | 198.5M | 363.4M |
| General & Admin Expense | 68.2M | 205.8M | — | 196.8M | 359.9M |
| Selling & Marketing Expense | 6.0M | 34.0M | — | 1.7M | 3.5M |
| Other Expenses | 271.2M | — | — | — | 248.3M |
| Total Operating Expenses | 545.4M | 249.6M | 161.2M | 200.5M | 614.2M |
| Cost and Expenses | 687.3M | 355.7M | 276.1M | 413.6M | 766.5M |
| Operating Income (EBIT) | (547.6M) | (247.8M) | (162.8M) | (239.6M) | (661.5M) |
| Non-Operating | |||||
| Interest Income | 63.0K | 449.0K | — | — | — |
| Interest Expense | 36.4M | 23.3M | 34.2M | 31.4M | 23.3M |
| Net Interest Income | (59.4M) | (22.8M) | (34.2M) | (31.4M) | (23.3M) |
| Other Non-Op Income/Expense | 442.1M | (161.1M) | 88.1M | 95.3M | (31.9M) |
| Non-Operating Income (excl Interest) | (31.4M) | 137.2M | — | — | (200.5M) |
| EBT (Pre-Tax Income) | (105.5M) | (408.8M) | (74.7M) | (144.3M) | (693.4M) |
| Income Tax Expense | 110.0K | 110.0K | — | — | — |
| Bottom Line | |||||
| Net Income | (99.6M) | (402.4M) | (74.5M) | (138.8M) | (974.9M) |
| Earnings from Cont. Ops | (105.6M) | (408.9M) | (74.7M) | (144.3M) | (693.4M) |
| Earnings from Discont. Ops | — | — | — | (2.0M) | (286.1M) |
| Bottom Line Net Income | (99.6M) | (402.4M) | (74.5M) | (138.8M) | (688.8M) |
| Per Share | |||||
| Basic EPS | ($11.61) | ($51.00) | ($15.69) | ($27.00) | ($288.00) |
| Diluted EPS | ($11.61) | ($51.00) | ($15.69) | ($27.00) | ($288.00) |
| Revenue Per Share | $13.64 | $14.24 | $24.22 | $35.33 | $43.70 |
| Shares | |||||
| Basic Shares Outstanding | 10.6M | 7.6M | 4.7M | 4.9M | 2.4M |
| Diluted Shares Outstanding | 10.6M | 7.6M | 4.7M | 4.9M | 2.4M |
| Profitability Metrics | |||||
| EBITDA | (289.8M) | (369.8M) | (100.4M) | (152.7M) | (369.6M) |
| D&A | 71.9M | 15.1M | 62.4M | 86.9M | 93.0M |
| EBIT | (361.8M) | (385.0M) | (162.8M) | (239.6M) | (461.0M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026