Market Sentiment Around Loss-Making ATRenew Inc. (NYSE:RERE) [Yahoo! Finance]
ATRenew Inc. American Depositary Shares (every three of which representing two Class A ordinary shares) (RERE)
Company Research
Source: Yahoo! Finance
ATRenew Inc.'s ( NYSE:RERE future prospects. ATRenew Inc., through its subsidiaries, operates pre-owned consumer electronics transactions and services platform in the People's Republic of China. The US$555m market-cap company's loss lessened since it announced a CN¥156m loss in the full financial year, compared to the latest trailing-twelve-month loss of CN¥145m, as it approaches breakeven. As path to profitability is the topic on ATRenew's investors mind, we've decided to gauge market sentiment. Below we will provide a high-level summary of the industry analysts' expectations for the company. According to some industry analysts covering ATRenew, breakeven is near. They expect the company to post a final loss in 2024, before turning a profit of CN¥193m in 2025. The company is therefore projected to breakeven just over a year from today. How fast will the company have to grow each year in order to reach the breakeven point by 2025? Working backwards from analyst estimates, it turns
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RERE
News
- ATRenew Inc (RERE) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ... [Yahoo! Finance]Yahoo! Finance
- ATRenew Inc. Reports Unaudited Third Quarter 2024 Financial ResultsPR Newswire
- TIME100 Climate 2024: Kerry Chen [Yahoo! Finance]Yahoo! Finance
- ATRenew to Report Third Quarter 2024 Financial Results on November 20, 2024PR Newswire
- China's plan to boost consumption by encouraging trade-ins has yet to show results [CNBC]CNBC
RERE
Sec Filings
- 11/20/24 - Form 6-K
- 11/7/24 - Form SC
- RERE's page on the SEC website