Friday, September 24, 2021 8:22:10 AM
Uxin Clocks 347% Revenue Growth In Q1, Posts Positive Margin
Mentioned: UXIN
Online used car dealer Uxin Ltd (NASDAQ: UXIN) reported first-quarter FY22 revenue growth of 346.5% year-on-year to $43 million (RMB277.8 million).
The transaction volume was lower by 22.5% Y/Y to 3,011 units.
Revenue for Retail vehicle sales was $14.2 million, Wholesale vehicles were $27.4 million, and Other revenue was $1.5 million.
The company posted a 4% gross margin versus a negative 28.4% last year.
Uxin clocked an EPS loss of $(0.01) and ended Q4 with $25.8 million in cash and equivalents.
Outlook: Uxin sees Q2 revenue of RMB310 million - RMB330 million.
Price Action: UXIN shares closed higher by 2.78% at $2.96 on Thursday.
Recent UXIN News
- Uxin Reports Unaudited Third Quarter of Fiscal Year 2024 Financial Results • PR Newswire (US) • 04/25/2024 08:33:00 AM
- Uxin to Report Third Quarter Fiscal Year 2024 Financial Results on April 25, 2024 • PR Newswire (US) • 04/19/2024 10:00:00 AM
- Uxin Announces Entry into a Term Sheet for Financing • PR Newswire (US) • 03/18/2024 09:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/01/2024 11:16:24 AM
- Uxin Announces Results of Extraordinary General Meeting • PR Newswire (US) • 03/01/2024 11:00:00 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/07/2024 11:07:53 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/30/2024 11:24:00 AM
- Uxin to Hold an Extraordinary General Meeting on March 1, 2024 • PR Newswire (US) • 01/30/2024 10:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/29/2023 11:20:00 AM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 12/21/2023 11:04:50 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/20/2023 11:04:45 AM
- Uxin Limited Announces Successful Validation of Superstore Business Model, Significant Reduction in Losses, and Target of Achieving Overall Profitability by 2024 • PR Newswire (US) • 12/06/2023 08:00:00 AM
- Form F-3/A - Registration statement by foreign private issuers: [Amend] • Edgar (US Regulatory) • 11/30/2023 11:53:42 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/30/2023 11:01:04 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/28/2023 11:06:36 AM
- Uxin Limited Announces Successful Validation of Superstore Business Model, Significant Reduction in Losses, and Target of Achieving Overall Profitability by 2024 • PR Newswire (US) • 11/28/2023 08:40:00 AM
- Uxin Reports Unaudited Second Quarter of Fiscal Year 2024 Financial Results • PR Newswire (US) • 11/28/2023 08:38:00 AM
- Uxin Reports Unaudited First Quarter of Fiscal Year 2024 Financial Results • PR Newswire (US) • 11/28/2023 08:35:00 AM
- Uxin to Report First and Second Quarter Fiscal Year 2024 Financial Results on November 28, 2023 • PR Newswire (US) • 11/22/2023 10:00:00 AM
- Uxin Announces RMB1.5 Billion Equity Investment in Its Hefei Subsidiary • PR Newswire (US) • 09/20/2023 12:17:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/20/2023 11:05:13 AM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 08/25/2023 10:02:28 AM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 08/23/2023 09:06:26 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 08/23/2023 09:05:13 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/18/2023 01:03:18 PM
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