ATRenew Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	12,966	9,869	7,780	4,858	3,932	3,262
Revenue Growth (YoY)	31.37%	26.85%	60.15%	23.56%	20.55%	-
Cost of Revenue	10,339	7,597	5,735	3,610	3,176	2,801
Gross Profit	2,627	2,273	2,045	1,248	755.46	460.09
Selling, General & Admin	1,517	1,766	1,640	918.08	707.67	318.52
Research & Development	195.68	227.81	264.56	151.54	142.86	65.76
Other Operating Expenses	1,088	2,902	1,035	636.92	636.74	332.27
Operating Expenses	2,800	4,896	2,940	1,707	1,487	716.55
Operating Income	-173.34	-2,623.66	-895.07	-458.78	-731.81	-256.46
Interest Expense / Income	7.06	6.16	16.78	21.09	12.4	6.54
Other Expense / Income	18.39	-50.1	48.56	38.07	-9.2	-53.13
Pretax Income	-198.78	-2,579.72	-960.41	-517.94	-735.01	-209.86
Income Tax	-42.53	-111.78	-143.86	-47.32	-30.12	-1.92
Net Income	-156.25	-2,467.94	-816.55	-470.62	-704.89	-207.94
Preferred Dividends	0	0	508.63	1,304	878	878.32
Net Income Common	-156.25	-2,467.94	-1,325.17	-1,775.12	-1,582.89	-1,086.26
Shares Outstanding (Basic)	162	163	96	19	19	19
Shares Outstanding (Diluted)	162	163	96	19	19	19
Shares Change	-0.40%	69.06%	412.74%	-	-3.21%	-
EPS (Basic)	-1.44	-22.74	-20.64	-141.76	-126.40	-83.97
EPS (Diluted)	-1.44	-22.74	-20.64	-141.76	-126.40	-83.97
Free Cash Flow	159.96	825.35	-1,088.99	-437.97	-505.52	-420.65
Free Cash Flow Per Share	1.48	7.60	-16.96	-34.98	-40.37	-32.51
Gross Margin	20.26%	23.03%	26.28%	25.68%	19.21%	14.11%
Operating Margin	-1.34%	-26.58%	-11.50%	-9.44%	-18.61%	-7.86%
Profit Margin	-1.21%	-25.01%	-17.03%	-36.54%	-40.26%	-33.31%
Free Cash Flow Margin	1.23%	8.36%	-14.00%	-9.02%	-12.86%	-12.90%
EBITDA	189.08	-2,114.38	-529.73	-136.07	-487.94	-165.21
EBITDA Margin	1.46%	-21.42%	-6.81%	-2.80%	-12.41%	-5.07%
Depreciation & Amortization	380.81	459.17	413.9	360.78	234.67	38.12
EBIT	-191.72	-2,573.56	-943.63	-496.85	-722.61	-203.33
EBIT Margin	-1.48%	-26.08%	-12.13%	-10.23%	-18.38%	-6.23%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).