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Stock impact report

RLX Technology Announces Unaudited Fourth Quarter and Fiscal Year 2024 Financial Results [Yahoo! Finance]

RLX Technology Inc. American Depositary Shares, each representing the right to receive one (1) Class A ordinary share (RLX) 
Company Research Source: Yahoo! Finance
company, today announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2024 Fourth Quarter 202 Financial Highlights Net revenues were RMB813 .5 million ( US$111 .4 million) in the fourth quarter of 2024, compared with RMB520.5 million in the same period of 2023. Gross margin was 27.0% in the fourth quarter of 2024, compared with 23.7% in the same period of 2023. U.S. GAAP net income was RMB127 .4 million ( US$17 .5 million) in the fourth quarter of 2024, compared with RMB216 .0 million in the same period of 2023. Non-GAAP net income [1] was RMB251 .5 million ( US$34 .5 million) in the fourth quarter of 2024, compared with RMB432 .6 million in the same period of 2023. Fiscal Year 2024 Financial Highlights Net revenues were RMB2,748 .6 million ( US$376 .6 million) in fiscal year 2024, compared with RMB 1,586.4 million in the prior year. Gross margin was 26.4% in fiscal year 2024, compared with 24.4% in the prior year. U.S Show less Read more
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