How did ATRenew's revenue and expenses trend in Q4 2024?

ATRenew's revenue and expenses in Q4 2024 showed a significant decrease in property and equipment, which could indicate a reduction in capital expenditures. However, the net income remained stable at $10.61 million.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|RERE|RERE.N|ATRenew|20240101-2024|Net Service|1.483984E9|169|
|RERE|RERE.N|ATRenew|20240101-2024|Net Service|1.095264E9|169|
|RERE|RERE.N|ATRenew|20240101-2024|Net Service|7.16265E8|169|
|RERE|RERE.N|ATRenew|20240101-2024|Net Service|3.41317E8|169|
|RERE|RERE.N|ATRenew|20240101-2024|Net Product|3.309819E9|169|
|RERE|RERE.N|ATRenew|20240101-2024|Net Service|3.41317E8|169|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|RERE|RERE.N|ATRenew|2024 Q1|-76.657112716584|-1.28613769192E7|169|
|RERE|RERE.N|ATRenew|2024 Q2|83.57574964447782|-1468653.68234|169|
|RERE|RERE.N|ATRenew|2024 Q3|142.07578794058833|2548307.11338|169|
|RERE|RERE.N|ATRenew|2024 Q4|2610.905633360848|1.060704464256E7|169|

|code|Ticker|Name|Date|Interest Expenses|Operating Expenses|market_code|
|---|---|---|---|---|---|---|
|RERE|RERE.N|ATRenew|2024 Q1|550946.6352||169|
|RERE|RERE.N|ATRenew|2024 Q2|652108.10462||169|
|RERE|RERE.N|ATRenew|2024 Q3|515133.3789||169|
|RERE|RERE.N|ATRenew|2024 Q4|367706.49696||169|