36Kr Holdings Inc. Financials
36Kr Holdings Inc. (KRKR) reported $59.3M in revenue for fiscal year 2020, down 37.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Operating cost inflexibility dominated as shrinking revenue met sharply higher selling expenses, overwhelming gross profit.
Operating cash flow and free cash flow both moved much closer to zero in FY2020, while capital expenditures stayed below$1M . That combination points to working-capital movement, rather than reinvestment, driving the cash improvement even as reported losses widened.
Revenue contracted
Total liabilities declined to
Financial Health Signals
36Kr Holdings Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
36Kr Holdings Inc. scores -3.96, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($6.3M) relative to total liabilities ($29.1M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
36Kr Holdings Inc. passes 1 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
36Kr Holdings Inc. reported a net loss of $42.8M while operations used $2.6M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
36Kr Holdings Inc. generated $59.3M in revenue in fiscal year 2020. This represents a decrease of 37.1% from the prior year.
36Kr Holdings Inc.'s EBITDA was -$40.1M in fiscal year 2020, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 1398.9% from the prior year.
36Kr Holdings Inc. reported -$42.8M in net income in fiscal year 2020. This represents a decrease of 1050.5% from the prior year.
Cash & Balance Sheet
36Kr Holdings Inc. recorded an outflow of $3.0M in free cash flow in fiscal year 2020, representing a cash shortfall after capex. This represents an increase of 87.4% from the prior year.
36Kr Holdings Inc. held $9.3M in cash as of fiscal year 2020; long-term debt is not reported for that period.
Not reported for fiscal year 2020.
Margins & Returns
36Kr Holdings Inc.'s gross margin was 32.4% in fiscal year 2020, indicating the percentage of revenue retained after direct costs. This is down 9.6 percentage points from the prior year.
36Kr Holdings Inc.'s operating margin was -69.1% in fiscal year 2020, reflecting core business profitability. This is down 65.6 percentage points from the prior year.
36Kr Holdings Inc.'s net profit margin was -72.2% in fiscal year 2020, showing the share of revenue converted to profit. This is down 68.3 percentage points from the prior year.
36Kr Holdings Inc.'s ROE was -73.4% in fiscal year 2020, measuring profit generated per dollar of shareholder equity. This is down 69.3 percentage points from the prior year.
Capital Allocation
36Kr Holdings Inc. invested $5.9M in research and development in fiscal year 2020. This represents an increase of 13.9% from the prior year.
36Kr Holdings Inc. spent $1.8M on share buybacks in fiscal year 2020, returning capital to shareholders by reducing shares outstanding. This represents an increase of 437.3% from the prior year.
36Kr Holdings Inc. invested $335K in capex in fiscal year 2020, funding long-term assets and infrastructure. This represents a decrease of 49.7% from the prior year.
KRKR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'20 | Q4'19 |
|---|
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, Interest Expense, Income Tax, Net Income, EPS (Diluted).
KRKR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'20 | Q4'19 |
|---|---|---|
| Total Assets | $88.7M-32.2% | $130.8M |
| Current Assets | $81.3M-33.4% | $122.0M |
| Cash & Equivalents | $9.3M-63.4% | $25.5M |
| Accounts Receivable | $46.7M-39.6% | $77.4M |
| Total Liabilities | $29.1M-24.2% | $38.3M |
| Current Liabilities | $27.1M-29.2% | $38.3M |
| Total Equity | $58.4M-36.2% | $91.5M |
| Retained Earnings | -$251.1M-28.7% | -$195.1M |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
KRKR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'20 | Q4'19 |
|---|
Not reported in any period shown, so not listed: Operating Cash Flow, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
KRKR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q4'20 | Q4'19 |
|---|---|---|
| Current Ratio | 2.99-0.2x | 3.18 |
| Debt-to-Equity | 0.50+0.1x | 0.42 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, FCF Margin.
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Where 36Kr Holdings Inc. Ranks
Frequently Asked Questions
What is 36Kr Holdings Inc.'s annual revenue?
36Kr Holdings Inc. (KRKR) reported $59.3M in total revenue for fiscal year 2020. This represents a -37.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is 36Kr Holdings Inc.'s revenue growing?
36Kr Holdings Inc. (KRKR) revenue declined by 37.1% year-over-year, from $94.2M to $59.3M in fiscal year 2020.
Is 36Kr Holdings Inc. profitable?
No, 36Kr Holdings Inc. (KRKR) reported a net income of -$42.8M in fiscal year 2020, with a net profit margin of -72.2%.
What is 36Kr Holdings Inc.'s EBITDA?
36Kr Holdings Inc. (KRKR) had EBITDA of -$40.1M in fiscal year 2020, measuring earnings before interest, taxes, depreciation, and amortization.
What is 36Kr Holdings Inc.'s gross margin?
36Kr Holdings Inc. (KRKR) had a gross margin of 32.4% in fiscal year 2020, indicating the percentage of revenue retained after direct costs of goods sold.
What is 36Kr Holdings Inc.'s operating margin?
36Kr Holdings Inc. (KRKR) had an operating margin of -69.1% in fiscal year 2020, reflecting the profitability of core business operations before interest and taxes.
What is 36Kr Holdings Inc.'s net profit margin?
36Kr Holdings Inc. (KRKR) had a net profit margin of -72.2% in fiscal year 2020, representing the share of revenue converted into profit after all expenses.
What is 36Kr Holdings Inc.'s return on equity (ROE)?
36Kr Holdings Inc. (KRKR) has a return on equity of -73.4% for fiscal year 2020, measuring how efficiently the company generates profit from shareholder equity.
What is 36Kr Holdings Inc.'s free cash flow?
36Kr Holdings Inc. (KRKR) recorded an outflow of $3.0M in free cash flow during fiscal year 2020. This represents a 87.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is 36Kr Holdings Inc.'s operating cash flow?
36Kr Holdings Inc. (KRKR) recorded an outflow of $2.6M in operating cash flow during fiscal year 2020, representing cash used by core business activities.
What are 36Kr Holdings Inc.'s total assets?
36Kr Holdings Inc. (KRKR) had $88.7M in total assets as of fiscal year 2020, including both current and long-term assets.
What are 36Kr Holdings Inc.'s capital expenditures?
36Kr Holdings Inc. (KRKR) invested $335K in capital expenditures during fiscal year 2020, funding long-term assets and infrastructure.
How much does 36Kr Holdings Inc. spend on research and development?
36Kr Holdings Inc. (KRKR) invested $5.9M in research and development during fiscal year 2020.
What is 36Kr Holdings Inc.'s current ratio?
36Kr Holdings Inc. (KRKR) had a current ratio of 2.99 as of fiscal year 2020, which is generally considered healthy.
What is 36Kr Holdings Inc.'s debt-to-equity ratio?
36Kr Holdings Inc. (KRKR) had a debt-to-equity ratio of 0.50 as of fiscal year 2020, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is 36Kr Holdings Inc.'s return on assets (ROA)?
36Kr Holdings Inc. (KRKR) had a return on assets of -48.3% for fiscal year 2020, measuring how efficiently the company uses its assets to generate profit.
What is 36Kr Holdings Inc.'s Altman Z-Score?
36Kr Holdings Inc. (KRKR) has an Altman Z-Score of -3.96, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is 36Kr Holdings Inc.'s Piotroski F-Score?
36Kr Holdings Inc. (KRKR) has a Piotroski F-Score of 1 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are 36Kr Holdings Inc.'s earnings high quality?
36Kr Holdings Inc. (KRKR) reported a net loss of $42.8M while operations used $2.6M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.