QTT
Income statement / Annual
Last year (2023), Qutoutiao Inc.'s total revenue was $745.56 M,
a decrease of 31.16% from the previous year.
In 2023, Qutoutiao Inc.'s net income was -$185.31 M.
See Qutoutiao Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
| Operating Revenue |
$745.56 M |
$1.08 B |
$4.34 B |
$5.29 B |
| Cost of Revenue |
$415.91 M
|
$562.61 M
|
$1.17 B
|
$1.67 B
|
| Gross Profit |
$329.64 M
|
$520.44 M
|
$3.17 B
|
$3.61 B
|
| Gross Profit Ratio |
0.44
|
0.48
|
0.73
|
0.68
|
| Research and Development Expenses |
$106.59 M
|
$184.60 M
|
$551.61 M
|
$947.87 M
|
| General & Administrative Expenses |
$55.85 M
|
$155.45 M
|
$431.91 M
|
$392.82 M
|
| Selling & Marketing Expenses |
$188.70 M
|
$560.72 M
|
$3.48 B
|
$3.38 B
|
| Selling, General & Administrative Expenses |
$244.55 M
|
$716.16 M
|
$3.92 B
|
$3.77 B
|
| Other Expenses |
-$19.61 M
|
-$61.83 M
|
-$106.10 M
|
-$79.30 M
|
| Operating Expenses |
$331.54 M
|
$838.94 M
|
$4.36 B
|
$4.64 B
|
| Cost And Expenses |
$747.45 M
|
$1.40 B
|
$5.53 B
|
$6.32 B
|
| Interest Income |
$118,000.00
|
$1.37 M
|
$3.17 M
|
$10.42 M
|
| Interest Expense |
$185.79 M
|
$468.61 M
|
$35.48 M
|
$38.14 M
|
| Depreciation & Amortization |
$16.65 M
|
$104.95 M
|
$65.21 M
|
$25.17 M
|
| EBITDA |
$15.11 M |
-$340.84 M |
-$1.13 B |
-$1.04 B |
| EBITDA Ratio |
0.02
|
-0.31
|
-0.26
|
-0.2
|
| Operating Income Ratio |
-0
|
-0.29
|
-0.27
|
-0.2
|
| Total Other Income/Expenses Net |
-$185.45 M
|
-$595.90 M
|
-$40.71 M
|
-$74.01 M
|
| Income Before Tax |
-$187.34 M
|
-$914.40 M
|
-$1.23 B
|
-$1.11 B
|
| Income Before Tax Ratio |
-0.25
|
-0.84
|
-0.28
|
-0.21
|
| Income Tax Expense |
-$2.03 M
|
-$1.05 M
|
$3.05 M
|
-$1.01 M
|
| Net Income |
-$185.31 M
|
-$914.77 M
|
-$1.24 B
|
-$1.10 B
|
| Net Income Ratio |
-0.25
|
-0.84
|
-0.29
|
-0.21
|
| EPS |
0 |
0 |
0 |
0 |
| EPS Diluted |
0 |
0 |
0 |
0 |
| Weighted Average Shares Out |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Weighted Average Shares Out Diluted |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
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