ATRenew(RERE) - 2025 Q1 - Earnings Call Presentation

Financial Performance - Total net revenues reached RMB 4,653.5 million, a 27.5% year-over-year increase[10] - Net product revenues grew by 28.8% year-over-year to RMB 4,263.7 million[10] - Net service revenues increased by 14.2% year-over-year to RMB 389.8 million[10] - Non-GAAP income from operations increased by 39.5% year-over-year to RMB 111.9 million[10] - Non-GAAP operating profit margin improved by 21 basis points year-over-year to 2.4%[10] Business Updates - 1P business net product revenues, excluding ATI and international business, increased by 54.2% year-over-year[12] - 3P business net service revenues from multi-services category recycling increased significantly by 172.9% year-over-year[13] - Overall service take rate for the 3P business was 5.25%[13] - Total transaction units reached 9.5 million, a 13.1% year-over-year increase[15] Store Network - The total number of AHS stores reached 1,886, a net increase of 458 stores year-over-year[14] - Self-operated standard stores increased by 206 to a total of 917[14] - Joint-operated standard stores increased by 286 to a total of 843[14]