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Side-by-side financial comparison of Fangdd Network Group Ltd. (DUO) and X4 Pharmaceuticals, Inc (XFOR). Click either name above to swap in a different company.

X4 Pharmaceuticals, Inc is the larger business by last-quarter revenue ($28.8M vs $28.4M, roughly 1.0× Fangdd Network Group Ltd.). X4 Pharmaceuticals, Inc runs the higher net margin — 1.0% vs -18.7%, a 19.7% gap on every dollar of revenue.

Fangdd Network Group Ltd. operates a leading digital real estate service platform in China, offering property listing, transaction matching, home furnishing consultation and operational support for buyers, sellers, agents and real estate development enterprises across multiple domestic city tiers.

X4 Pharmaceuticals, Inc. is a clinical-stage biotechnology company focused on developing novel targeted therapies for rare immunological diseases and oncology indications with high unmet medical needs. It operates primarily across the U.S. and European markets, with a lead pipeline candidate for WHIM syndrome and multiple other preclinical and clinical assets for immune disorders and cancer.

DUO vs XFOR — Head-to-Head

Bigger by revenue
XFOR
XFOR
1.0× larger
XFOR
$28.8M
$28.4M
DUO
Higher net margin
XFOR
XFOR
19.7% more per $
XFOR
1.0%
-18.7%
DUO

Income Statement — Q2 FY2025 vs Q1 FY2025

Metric
DUO
DUO
XFOR
XFOR
Revenue
$28.4M
$28.8M
Net Profit
$-5.3M
$282.0K
Gross Margin
9.1%
83.6%
Operating Margin
-35.3%
-32.8%
Net Margin
-18.7%
1.0%
Revenue YoY
47.4%
Net Profit YoY
-322.5%
100.5%
EPS (diluted)
$-1.35
$0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DUO
DUO
XFOR
XFOR
Q2 25
$28.4M
Q1 25
$28.8M
Q2 24
$19.3M
Q1 24
$0
Q3 23
$0
Q2 23
$0
Net Profit
DUO
DUO
XFOR
XFOR
Q2 25
$-5.3M
Q1 25
$282.0K
Q2 24
$2.4M
Q1 24
$-51.8M
Q3 23
$-2.3M
Q2 23
$-55.7M
Gross Margin
DUO
DUO
XFOR
XFOR
Q2 25
9.1%
Q1 25
83.6%
Q2 24
12.5%
Q1 24
Q3 23
Q2 23
Operating Margin
DUO
DUO
XFOR
XFOR
Q2 25
-35.3%
Q1 25
-32.8%
Q2 24
-49.0%
Q1 24
Q3 23
Q2 23
Net Margin
DUO
DUO
XFOR
XFOR
Q2 25
-18.7%
Q1 25
1.0%
Q2 24
12.4%
Q1 24
Q3 23
Q2 23
EPS (diluted)
DUO
DUO
XFOR
XFOR
Q2 25
$-1.35
Q1 25
$0.04
Q2 24
Q1 24
$-7.77
Q3 23
$-0.01
Q2 23
$-0.33

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DUO
DUO
XFOR
XFOR
Cash + ST InvestmentsLiquidity on hand
$24.9M
$40.3M
Total DebtLower is stronger
$75.0M
Stockholders' EquityBook value
$53.1M
$22.9M
Total Assets
$94.8M
$130.0M
Debt / EquityLower = less leverage
3.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DUO
DUO
XFOR
XFOR
Q2 25
$24.9M
Q1 25
$40.3M
Q2 24
$18.9M
Q1 24
$60.5M
Q3 23
$131.6M
Q2 23
$136.4M
Total Debt
DUO
DUO
XFOR
XFOR
Q2 25
Q1 25
$75.0M
Q2 24
Q1 24
$55.0M
Q3 23
$55.0M
Q2 23
$32.5M
Stockholders' Equity
DUO
DUO
XFOR
XFOR
Q2 25
$53.1M
Q1 25
$22.9M
Q2 24
$29.4M
Q1 24
$1.0M
Q3 23
$67.6M
Q2 23
$67.5M
Total Assets
DUO
DUO
XFOR
XFOR
Q2 25
$94.8M
Q1 25
$130.0M
Q2 24
$92.7M
Q1 24
$112.2M
Q3 23
$173.3M
Q2 23
$173.4M
Debt / Equity
DUO
DUO
XFOR
XFOR
Q2 25
Q1 25
3.27×
Q2 24
Q1 24
53.09×
Q3 23
0.81×
Q2 23
0.48×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DUO
DUO
XFOR
XFOR
Operating Cash FlowLast quarter
$-3.0M
$-12.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
-43.86×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DUO
DUO
XFOR
XFOR
Q2 25
$-3.0M
Q1 25
$-12.4M
Q2 24
$-808.0K
Q1 24
$-33.6M
Q3 23
$-68.8M
Q2 23
$-47.9M
Free Cash Flow
DUO
DUO
XFOR
XFOR
Q2 25
Q1 25
Q2 24
$-957.0K
Q1 24
$-33.7M
Q3 23
$-68.8M
Q2 23
$-47.9M
FCF Margin
DUO
DUO
XFOR
XFOR
Q2 25
Q1 25
Q2 24
-5.0%
Q1 24
Q3 23
Q2 23
Capex Intensity
DUO
DUO
XFOR
XFOR
Q2 25
Q1 25
0.0%
Q2 24
0.8%
Q1 24
Q3 23
Q2 23
Cash Conversion
DUO
DUO
XFOR
XFOR
Q2 25
Q1 25
-43.86×
Q2 24
-0.34×
Q1 24
Q3 23
Q2 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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