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ATRenew Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19
   20-F20-F20-F
Revenues:  
    HONG KONG  339.6145.611.6
    Other  8,529.75,408.34,599.8
Revenues  8,869.35,553.94,611.4
            Revenue growth   [+]59.7%20.4% 
Cost of goods sold  -1,062.1-666.3-658.1
Gross profit  9,931.46,220.25,269.6
            Gross margin  112.0%112.0%114.3%
Selling, general and administrative   [+]1,640.3918.1707.7
Equity in earnings  -6.6-7.5-2.2
Other operating expenses  9,186.25,760.95,293.7
EBITDA   [+]-527.9-105.5-499.3
            EBITDA margin  -6.0%-1.9%-10.8%
Depreciation  56.045.738.0
EBITA  -583.8-151.2-537.4
            EBITA margin  -6.6%-2.7%-11.7%
Amortization of intangibles  317.8315.1196.6
EBIT   [+]-901.6-466.3-734.0
            EBIT margin  -10.2%-8.4%-15.9%
Interest expense, net   [+]8.411.84.6
Other income (expense), net  -43.8-32.35.8
Pre-tax income  -953.8-510.4-732.8
Income taxes  143.947.330.1
Net income  -1,325.2-1,775.1-1,582.9
            Net margin  -14.9%-32.0%-34.3%
   
Basic EPS   [+]($13.76)($94.51)($84.27)
Diluted EPS   [+]($13.76)($94.51)($84.27)
   
Shares outstanding (basic)   [+]96.318.818.8
Shares outstanding (diluted)   [+]96.318.818.8
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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