Qutoutiao Inc - Understand $qttoy stock

$QTTOY Market Cap: $645 Thousand

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Financial Snapshot

Revenue

$1.847B

TTM

Gross Margin

75.08%

TTM

Net Earnings

-$881.4M

TTM

Current Assets

$49.16M

Q4 2023

Current Liabilities

$113.8M

Q4 2023

Current Ratio

43.2%

Q4 2023

Total Assets

$58.23M

Q4 2023

Total Liabilities

$389.8M

Q4 2023

Book Value

-$331.6M

Q4 2023

Cash

$74.65M

Q4 2023

P/E

-0.0007317

Sep 13, 2024 EST

Free Cash Flow

-$271.5M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$105.0M	$157.0M	$4.340B	$5.285B	$5.570B	$3.022B	$517.1M	$58.00M
YoY Change	-33.13%	-96.38%	-17.89%	-5.11%	84.31%	484.43%	791.55%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$105.0M	$157.0M	$4.340B	$5.285B	$5.570B	$3.022B	$517.1M	$58.00M
Cost Of Revenue	$58.53M	$79.46M	$1.172B	$1.674B	$1.641B	$503.6M	$76.50M	$7.200M
Gross Profit	$46.43M	$75.46M	$3.168B	$3.611B	$3.929B	$2.519B	$440.6M	$50.80M
Gross Profit Margin	44.21%	48.05%	73.0%	68.32%	70.54%	83.34%	85.21%	87.59%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin	$34.42M	$102.7M	$3.870B	$3.769B	$5.754B	$4.230B	$520.5M	$59.00M
YoY Change	-66.48%	-97.35%	2.68%	-34.5%	36.03%	712.66%	782.2%
% of Gross Profit	74.13%	136.08%	122.16%	104.38%	146.44%	167.95%	118.13%	116.14%
Research & Development	$15.01M	$26.77M	$544.6M	$941.2M	$921.2M	$266.9M	$15.30M	$2.600M
YoY Change	-43.91%	-95.09%	-42.13%	2.17%	245.15%	1644.44%	488.46%
% of Gross Profit	32.33%	35.47%	17.19%	26.07%	23.44%	10.6%	3.47%	5.12%
Depreciation & Amortization	$612.0K	$337.0K	$65.21M	$25.10M	$20.60M	$5.900M	$300.0K	$0.00
YoY Change	81.6%	-99.48%	159.79%	21.84%	249.15%	1866.67%
% of Gross Profit	1.32%	0.45%	2.06%	0.7%	0.52%	0.23%	0.07%	0.0%
Operating Expenses	$49.46M	$130.6M	$4.467B	$4.722B	$6.683B	$4.501B	$536.0M	$61.70M
YoY Change	-62.13%	-97.08%	-5.4%	-29.34%	48.48%	739.72%	768.72%
Operating Profit	-$267.0K	-$46.18M	-$1.299B	-$1.112B	-$2.754B	-$1.982B	-$95.40M	-$10.90M
YoY Change	-99.42%	-96.45%	16.9%	-59.63%	38.9%	1977.99%	775.23%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Interest Expense	$23.69M	$63.52M	-$68.35M	-$66.70M	$29.80M	$35.40M	$700.0K	$100.0K
YoY Change	-62.71%	-192.94%	2.47%	-323.83%	-15.82%	4957.14%	600.0%
% of Operating Profit
Other Income/Expense, Net	-$333.0K	-$11.87M	$27.64M	-$7.300M	$9.000M	-$100.0K	$0.00	$0.00
YoY Change	-97.2%	-142.96%	-478.59%	-181.11%	-9100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Pretax Income	-$187.3M	-$132.6M	-$1.234B	-$1.106B	-$2.684B	-$1.946B	-$94.80M	-$10.90M
YoY Change	41.31%	-89.26%	11.55%	-58.79%	37.93%	1952.95%	769.72%
Income Tax	-$2.026M	-$1.048M	$3.050M	-$1.000M	$4.800M	-$400.0K
% Of Pretax Income
Net Earnings	-$185.3M	-$914.8M	-$1.240B	-$1.104B	-$2.689B	-$1.943B	-$94.80M	-$10.90M
YoY Change	-79.74%	-26.21%	12.24%	-58.92%	38.41%	1949.16%	769.72%
Net Earnings / Revenue	-176.47%	-582.56%	-28.57%	-20.9%	-48.27%	-64.28%	-18.33%	-18.79%
Basic Earnings Per Share	-$4.30	-$13.56	-$17.80	-$15.69
Diluted Earnings Per Share	-$4.30	-$13.56	-$16.36M	-$15.23M	-$39.14M	-$55.50M	-$2.450M	-$281.7K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments	$583.4M	$885.5M	$1.625B	$2.302B	$408.2M	$12.60M
YoY Change	-34.12%	-45.49%	-29.42%	463.87%	3139.68%
Cash & Equivalents	$240.4M	$494.5M	$347.8M	$2.186B	$278.5M	$300.0K
Short-Term Investments	$343.0M	$391.0M	$1.277B	$115.4M	$129.8M	$12.40M
Other Short-Term Assets	$154.4M	$401.7M	$186.6M	$99.80M	$13.60M	$1.000M
YoY Change	-61.56%	115.27%	86.97%	633.82%	1260.0%
Inventory
Prepaid Expenses
Receivables	$770.9M	$737.8M	$545.7M	$204.0M	$43.30M	$11.20M
Other Receivables	$353.8M	$447.3M	$335.3M	$20.60M	$1.100M	$5.000M
Total Short-Term Assets	$1.863B	$2.472B	$2.692B	$2.626B	$466.2M	$29.80M
YoY Change	-24.66%	-8.17%	2.52%	463.3%	1464.43%
Property, Plant & Equipment	$39.20M	$67.50M	$93.40M	$13.90M	$4.600M	$100.0K
YoY Change	-41.92%	-27.73%	571.94%	202.17%	4500.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.416M	$82.90M	$37.60M
YoY Change	-98.29%	120.48%
Other Assets	$4.809M	$148.1M	$20.80M	$10.70M	$5.800M	$0.00
YoY Change	-96.75%	612.02%	94.39%	84.48%
Total Long-Term Assets	$218.0M	$443.6M	$248.0M	$126.4M	$10.40M	$100.0K
YoY Change	-50.86%	78.87%	96.2%	1115.38%	10300.0%
Total Assets	$2.080B	$2.916B	$2.940B	$2.753B	$476.6M	$29.90M
YoY Change
Accounts Payable	$313.8M	$462.0M	$328.3M	$131.2M	$15.00M	$7.700M
YoY Change	-32.08%	40.72%	150.23%	774.67%	94.81%
Accrued Expenses	$1.371B	$890.9M	$909.0M	$466.0M	$214.1M	$27.20M
YoY Change	53.87%	-1.99%	95.06%	117.66%	687.13%
Deferred Revenue
YoY Change
Short-Term Debt	$20.00M	$70.00M	$0.00	$0.00	$0.00	$0.00
YoY Change	-71.43%
Long-Term Debt Due	$1.183B
YoY Change
Total Short-Term Liabilities	$3.264B	$1.886B	$1.876B	$1.111B	$311.2M	$41.10M
YoY Change	73.05%	0.55%	68.83%	257.01%	657.18%
Long-Term Debt	$0.00	$1.175B	$1.219B	$0.00	$0.00	$0.00
YoY Change	-100.0%	-3.61%
Other Long-Term Liabilities	$17.72M	$28.00M	$33.90M	$9.700M
YoY Change	-36.72%	-17.4%	249.48%
Total Long-Term Liabilities	$17.72M	$1.203B	$1.253B	$9.700M	$0.00	$0.00
YoY Change	-98.53%	-3.98%	12815.46%
Total Liabilities	$4.470B	$4.197B	$3.642B	$1.238B	$311.2M	$41.10M
YoY Change	6.52%	15.24%	194.16%	297.81%	657.18%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	76.63M shares	76.63M	75.77M	72.51M
Diluted Shares Outstanding	76.63M shares	76.63M	75.77M	72.51M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $644.97 Thousand

About Qutoutiao Inc

Qutoutiao, Inc. operates as an online platform for headlines. The company is headquartered in Shanghai, Shanghai and currently employs 370 full-time employees. The company went IPO on 2023-07-26. The firm primarily delivers content through Qutoutiao, which is the Company's flagship mobile application. Its application aggregates articles and videos uploaded from content providers and presents real-time customized feeds to users based on each user's profile, behavior and social relationships. The firm mainly provides advertising and marketing services. The firm primarily operates its businesses in the domestic market.

Industry: Services-Computer Programming, Data Processing, Etc. Peers: 36Kr Holdings Inc 9F Inc Yinfu Gold Corp Fang Holdings Ltd Fangdd Network Group Ltd Phoenix New Media Ltd