ATRenew(RERE) - 2025 Q3 - Earnings Call Presentation

Financial Performance - Total net revenues reached RMB 5,149.2 million, a 27.1% year-over-year increase[12] - Net product revenues increased by 28.7% year-over-year, reaching RMB 4,726.3 million[12] - Net service revenues grew by 11.6% year-over-year to RMB 422.8 million[12] - GAAP income from operations saw a significant increase of 385.1% year-over-year, reaching RMB 120.8 million[12] - Non-GAAP income from operations increased by 34.9% to RMB 140.3 million[12] Business Updates - Net product revenues, excluding ATI and international business, increased by 31.9% year-over-year[14] - Multi-category recycling services within the 3P business grew by 55.1% year-over-year[14] - Total transaction units increased by 19.8% year-over-year, reaching 10.9 million units[14] Store Network Expansion - The total number of AHS stores reached 2,195, representing a net increase of 558 stores year-over-year[15] - Self-operated standard stores increased by 228, reaching 997 stores[15] - Joint-operated standard stores increased by 422, reaching 1,099 stores[15]