Smart Share Global Limited (EM)
Apr 29, 2026 - EM was delisted (reason: taken private)
1.195
+0.035 (3.02%)
Inactive · Last trade price on Apr 28, 2026
Smart Share Global Earnings Call Transcripts
Fiscal Year 2024
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Q2 2024 saw a return to GAAP profitability despite a 55% revenue drop, driven by a strategic shift to the network partner model and robust growth in new business initiatives. Expansion in lower-tier cities and renewable energy contributed to resilience amid weak consumer demand.
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Q1 2024 saw stable performance with a slight GMV increase, strong growth in lower-tier cities, and a major shift to the network partner model, now 79.7% of POIs. Revenue fell 51.7% YoY, but non-GAAP profitability continued for a fifth quarter.