ATRenew (NYSE:RERE) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥16.3b (up 26% from FY 2023).
- Net loss: CN¥8.23m (loss narrowed by 95% from FY 2023).
- CN¥0.034 loss per share (improved from CN¥0.64 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ATRenew EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 72%.
Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Specialty Retail industry in the US.
Performance of the American Specialty Retail industry.
The company's shares are up 24% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of ATRenew's balance sheet and an in-depth analysis of the company's financial position.
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