StockNews.AI
RLX
StockNews.AI
3 days

RLX Technology Announces Unaudited Fourth Quarter and Fiscal Year 2024 Financial Results

1. RLX Technology reports Q4 2024 net revenues of RMB813.5 million, up from RMB520.5 million in 2023.

2 mins saved
Full Article

FAQ

Why Bullish?

The significant revenue growth indicates strong demand and potential for further expansion, reminiscent of previous successful quarters that led to positive stock movements.

How important is it?

Earnings reports are crucial indicators of a company's health and future growth; this substantial revenue increase likely boosts investor confidence in RLX.

Why Short Term?

Quarterly results typically have immediate effects on stock price; however, sustained growth will be needed to maintain higher valuations over the long term.

Related Companies

SHENZHEN, China , March 14, 2025 /PRNewswire/ -- RLX Technology Inc. ("RLX Technology" or the "Company") (NYSE: RLX), a leading global branded e-vapor company, today announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2024. Fourth Quarter 202 4  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.

Related News