RLX Technology 3/15/2024 Earnings Report

RLX Technology EPS Results

• Actual EPS: $0.02
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

RLX Technology Revenue Results

• Actual Revenue: $73.31 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

RLX Technology Announcement Details

• Date: 3/15/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

RLX Technology (NYSE:RLX) Inc. is a China-based company specializing in the design, development and distribution of electronic vapor products. Listed on the New York Stock Exchange under the symbol RLX, the company focuses on providing adult smokers with alternative, non-combustible nicotine delivery systems. Its core business activities encompass hardware research and development, proprietary atomization technology, and quality-controlled manufacturing processes to ensure consistency and safety in its product offerings.

The company’s flagship product line features pod-based systems and disposable e-vapor devices available in a variety of flavor profiles and nicotine strengths. RLX Technology leverages a vertically integrated supply chain that spans from component sourcing and in-house assembly to logistics and last-mile retail execution. Through a combination of branded retail stores, vending machines and partnerships with e-commerce platforms, the company has built a national distribution network serving adult consumers across mainland China.

Founded in 2018, RLX Technology has rapidly expanded its geographic footprint through strategic retail rollouts and collaborations with regional distributors. The company’s product innovation centers employ data-driven insights and consumer feedback to refine device ergonomics, liquid formulations and battery performance. RLX’s emphasis on rigorous quality control, compliance with local regulations and ongoing research into harm reduction positions it as a leading player in China’s burgeoning electronic vapor market.

RLX Technology is led by an experienced management team with backgrounds in consumer electronics, tobacco and regulated industries. This leadership group has overseen the company’s growth from a start-up into a publicly traded enterprise, guided by a mission to develop scientifically backed alternatives for adult smokers and to promote responsible use through education, regulatory engagement and corporate social responsibility initiatives.