Connect with us

Hi, what are you looking for?

News

ATRenew’s Stock Is A Buy – Quarterly Earnings Confirm This (NYSE:RERE)

ATRenew (NYSE:RERE) stock is a great buy for growth-oriented investors – the company’s sales are rising fast, whilst the stock price has not risen by much. The net results have also improved, whilst the management has cut some of the

ATRenew Income statement

ATRenew

RERE quarterly earnings (in million RMB)

Time period

Q1 21

Q2 21

Q3 21

Q4 21

1Q 22

2Q 22

3Q 22

4Q 22

1Q 23

Revenue

1514

1868

1962

2436

2207

2146

2536

2981

2872

GAAP net profit

-95

-506

-122

-104

-161

-125

-30

-2151

-50

Non-GAAP net profit

-36

-60

-23

-50

-36

-13

77

22

50

ATRenew's quarterly revenues

Prepared by the author based on ATRenew’s data

ATRenew GAAP net profit

Prepared by the author based on ATRenew’s data

ATRenew non-GAAP net profit

Prepared by the author based on ATRenew’s data

ATRenew's competitors

ATRenew’s earnings presentation

Demand for pre-owned consumer electronics in China

ATRenew’s earnings presentation

Chart
Data by YCharts

Chart
Data by YCharts

Chart
Data by YCharts

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube