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ATRenew (RERE) Financials

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$4.68 -0.09 (-1.89%)
As of 02:50 PM Eastern
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Annual Income Statements for ATRenew

Annual Income Statements for ATRenew

This table shows ATRenew's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-227 -273 -208 0.00 0.00 0.00 0.00
Consolidated Net Income / (Loss)
-101 -72 -128 -358 -22 -1.13 48
Net Income / (Loss) Continuing Operations
-101 -72 -128 -358 -22 -1.13 48
Total Pre-Tax Income
-105 -79 -150 -373 -21 -0.06 66
Total Operating Income
-105 -71 -140 -380 -24 3.97 65
Total Gross Profit
565 747 1,221 1,431 1,826 2,237 3,010
Total Revenue
565 747 1,221 1,431 1,826 2,237 3,010
Operating Revenue
565 747 1,221 1,431 1,826 2,237 3,010
Total Cost of Revenue
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Operating Expenses
670 818 1,361 1,811 1,851 2,233 2,945
Selling, General & Admin Expense
20 27 68 33 37 42 39
Marketing Expense
81 114 189 223 176 187 236
Research & Development Expense
- - - - 28 29 35
Other Operating Expenses / (Income)
568 677 1,104 1,291 1,609 1,975 2,634
Impairment Charge
- 0.00 0.00 264 0.00 0.00 0.00
Total Other Income / (Expense), net
-0.14 -7.94 -9.22 7.31 3.51 -4.03 0.59
Interest Expense
1.78 3.24 2.63 0.89 0.99 2.06 0.86
Interest & Investment Income
1.12 1.43 1.31 2.58 5.33 3.68 2.93
Other Income / (Expense), net
0.51 -6.13 -7.90 5.62 -0.83 -5.65 -1.48
Income Tax Expense
-4.32 -7.28 -23 -16 -5.99 -7.79 8.11
Other Gains / (Losses), net
-0.32 -1.16 -1.03 -0.94 -7.10 -8.86 -9.62
Preferred Stock Dividends Declared
126 201 80 0.00 0.00 0.00 0.00
Basic Earnings per Share
($84.27) ($94.51) ($13.76) ($2.20) ($0.14) ($0.01) $0.30
Weighted Average Basic Shares Outstanding
18.78M 18.78M 96.31M 162.82M 162.16M 161.62M 161.32M
Diluted Earnings per Share
($84.27) ($94.51) ($13.76) ($2.20) ($0.14) ($0.01) $0.30
Weighted Average Diluted Shares Outstanding
18.78M 18.78M 96.31M 162.82M 162.16M 161.62M 162.19M
Weighted Average Basic & Diluted Shares Outstanding
18.78M 18.78M 96.31M 149.22M 146.32M 146.55M 146.34M

Quarterly Income Statements for ATRenew

No quarterly income statements for ATRenew are available.


Annual Cash Flow Statements for ATRenew

This table details how cash moves in and out of ATRenew's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
-37 78 92 29 69 -12 -81
Net Cash From Operating Activities
-59 -64 -160 128 34 88 -59
Net Cash From Continuing Operating Activities
-59 -64 -160 128 34 88 -59
Net Income / (Loss) Continuing Operations
-101 -72 -128 -358 -22 -1.13 48
Consolidated Net Income / (Loss)
-101 -72 -128 -358 -22 -1.13 48
Depreciation Expense
34 55 59 59 47 37 17
Non-Cash Adjustments To Reconcile Net Income
-1.39 -16 -38 387 37 44 -25
Changes in Operating Assets and Liabilities, net
9.93 -31 -52 39 -27 8.22 -99
Net Cash From Investing Activities
-44 2.86 -105 -75 24 -58 -19
Net Cash From Continuing Investing Activities
-44 2.86 -105 -75 24 -58 -19
Purchase of Property, Plant & Equipment
-15 -5.82 -12 -8.91 -12 -8.20 -21
Acquisitions
-0.83 0.00 0.00 4.33 0.00 0.00 0.00
Purchase of Investments
-44 -40 -157 -127 -76 -78 -41
Sale of Property, Plant & Equipment
1.23 1.96 0.45 0.80 0.18 0.21 0.82
Sale and/or Maturity of Investments
0.00 19 59 57 112 29 42
Other Investing Activities, net
15 27 4.65 -1.01 0.91 -0.58 0.29
Net Cash From Financing Activities
65 143 359 -27 9.68 -42 -1.96
Net Cash From Continuing Financing Activities
65 143 359 -27 9.68 -42 -1.96
Repayment of Debt
-56 -92 -88 -23 -56 -133 -70
Repurchase of Preferred Equity
-0.27 28 -4.74 0.00 0.00 0.00 0.00
Repurchase of Common Equity
- 0.00 0.00 -32 -23 -25 -13
Issuance of Debt
54 128 40 27 88 116 81
Other Financing Activities, net
- 0.00 0.00 0.42 0.40 0.21 0.35
Effect of Exchange Rate Changes
0.65 -4.37 -2.04 2.67 0.35 0.18 0.03
Cash Interest Paid
1.78 3.24 2.63 0.89 0.99 2.06 0.86

Quarterly Cash Flow Statements for ATRenew

No quarterly cash flow statements for ATRenew are available.


Annual Balance Sheets for ATRenew

This table presents ATRenew's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024 2025
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
804 1,177 732 774 697 853
Total Current Assets
288 651 564 638 571 678
Cash & Equivalents
141 213 247 279 270 220
Restricted Cash
0.00 24 0.00 30 18 0.07
Short-Term Investments
15 80 113 58 80 38
Accounts Receivable
- - - - 8.08 19
Inventories, net
27 75 63 143 73 154
Prepaid Expenses
41 132 78 80 74 134
Other Current Assets
64 128 63 48 48 114
Plant, Property, & Equipment, net
11 16 17 21 21 34
Total Noncurrent Assets
505 510 151 115 105 141
Long-Term Investments
15 38 32 66 76 69
Intangible Assets
210 169 79 38 7.75 1.52
Other Noncurrent Operating Assets
2.23 20 40 11 21 70
Total Liabilities & Shareholders' Equity
804 1,177 732 774 697 853
Total Liabilities
240 170 169 251 191 282
Total Current Liabilities
182 129 148 238 179 272
Short-Term Debt
57 15 18 49 31 46
Accounts Payable
22 18 11 75 23 48
Accrued Expenses
74 63 84 86 96 119
Other Current Liabilities
30 33 35 28 29 59
Total Noncurrent Liabilities
58 40 21 13 12 10
Noncurrent Deferred & Payable Income Tax Liabilities
53 35 16 9.53 1.27 0.34
Other Noncurrent Operating Liabilities
0.00 5.41 4.86 3.17 11 10
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
-802 1,008 563 523 506 571
Total Preferred & Common Equity
-802 1,008 563 523 506 571
Total Common Equity
-802 1,008 563 523 506 571
Common Stock
0.00 2,033 1,904 1,869 1,830 1,914
Retained Earnings
-802 -1,026 -1,306 -1,291 -1,256 -1,263
Accumulated Other Comprehensive Income / (Loss)
0.32 0.68 -3.73 -2.37 -1.30 -1.85
Other Equity Adjustments
- 0.00 -32 -53 -66 -78

Quarterly Balance Sheets for ATRenew

No quarterly balance sheets for ATRenew are available.


Annual Metrics And Ratios for ATRenew

This table displays calculated financial ratios and metrics derived from ATRenew's official financial filings.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
- - - - - - 146,337,408.00
DEI Adjusted Shares Outstanding
- - - - - - 146,337,408.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - 0.00
Growth Metrics
- - - - - - -
Revenue Growth
0.00% 32.36% 63.39% 17.20% 27.62% 22.49% 34.55%
EBITDA Growth
0.00% 70.08% -323.09% -252.23% 106.89% 60.39% 130.30%
EBIT Growth
0.00% 26.65% -93.44% -152.61% 93.26% 93.33% 3,887.37%
NOPAT Growth
0.00% 32.84% -99.05% -170.83% 93.58% 116.26% 1,958.58%
Net Income Growth
0.00% 28.48% -77.02% -179.25% 93.85% 94.88% 4,365.56%
EPS Growth
0.00% -12.15% 85.44% -10.17% 93.67% 94.97% 4,452.94%
Operating Cash Flow Growth
0.00% -7.67% -151.55% 179.99% -73.12% 156.36% -167.32%
Free Cash Flow Firm Growth
0.00% 0.00% 38.27% 168.49% -85.33% 60.25% -377.71%
Invested Capital Growth
0.00% 0.00% 46.83% -71.78% -25.66% -33.78% 211.57%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics
- - - - - - -
Gross Margin
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
EBITDA Margin
-12.55% -2.84% -7.35% -22.08% 1.19% 1.56% 2.67%
Operating Margin
-18.61% -9.44% -11.50% -26.58% -1.34% 0.18% 2.17%
EBIT Margin
-18.52% -10.26% -12.15% -26.19% -1.38% -0.08% 2.12%
Profit (Net Income) Margin
-17.93% -9.69% -10.50% -25.01% -1.21% -0.05% 1.60%
Tax Burden Percent
96.19% 92.20% 85.61% 95.91% 105.29% 1,861.76% 73.06%
Interest Burden Percent
100.63% 102.36% 100.89% 99.55% 82.80% 3.60% 103.24%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 12.33%
Return on Invested Capital (ROIC)
0.00% -21.71% -17.51% -62.17% -10.40% 2.39% 29.94%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 20.39% -4.22% -36.52% -9.10% 3.37% 32.56%
Return on Net Nonoperating Assets (RNNOA)
0.00% -3.95% 1.20% 16.60% 6.35% -2.60% -21.01%
Return on Equity (ROE)
0.00% -25.66% -16.31% -45.57% -4.05% -0.22% 8.93%
Cash Return on Invested Capital (CROIC)
0.00% -221.71% -55.45% 49.79% 19.03% 43.02% -72.87%
Operating Return on Assets (OROA)
0.00% -9.54% -14.98% -39.26% -3.35% -0.23% 8.22%
Return on Assets (ROA)
0.00% -9.00% -12.94% -37.48% -2.92% -0.15% 6.20%
Return on Common Equity (ROCE)
0.00% 36.46% -2.14% -45.57% -4.05% -0.22% 8.93%
Return on Equity Simple (ROE_SIMPLE)
0.00% 9.03% -12.72% -63.58% -4.21% -0.22% 0.00%
Net Operating Profit after Tax (NOPAT)
-74 -49 -98 -266 -17 2.78 57
NOPAT Margin
-13.03% -6.61% -8.05% -18.61% -0.94% 0.12% 1.90%
Net Nonoperating Expense Percent (NNEP)
0.00% -42.10% -13.29% -25.65% -1.30% -0.98% -2.62%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - 0.52% 9.27%
Cost of Revenue to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
3.58% 3.65% 5.57% 2.33% 2.05% 1.88% 1.31%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.16%
Operating Expenses to Revenue
118.61% 109.44% 111.50% 126.58% 101.34% 99.82% 97.83%
Earnings before Interest and Taxes (EBIT)
-105 -77 -148 -375 -25 -1.68 64
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-71 -21 -90 -316 22 35 80
Valuation Ratios
- - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.10 0.78 0.55 0.83 1.33
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.17 0.90 0.59 0.85 1.33
Price to Revenue (P/Rev)
0.49 0.37 0.08 0.30 0.16 0.19 0.25
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 3.37 0.00 0.33 0.00 0.09 1.65
Enterprise Value to Revenue (EV/Rev)
0.00 2.05 0.00 0.04 0.00 0.00 0.16
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.23 5.94
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 7.49
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 2.91 8.35
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.48 0.00 0.09 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.29 0.00 0.16 0.00
Leverage & Solvency
- - - - - - -
Debt to Equity
0.00 0.11 0.01 0.03 0.09 0.06 0.08
Long-Term Debt to Equity
0.00 0.01 0.00 0.00 0.00 0.00 0.00
Financial Leverage
0.00 -0.19 -0.29 -0.45 -0.70 -0.77 -0.65
Leverage Ratio
0.00 1.42 1.26 1.22 1.39 1.43 1.44
Compound Leverage Factor
0.00 1.46 1.27 1.21 1.15 0.05 1.49
Debt to Total Capital
0.00% 9.88% 1.46% 3.10% 8.62% 5.74% 7.49%
Short-Term Debt to Total Capital
0.00% 9.08% 1.46% 3.10% 8.62% 5.74% 7.49%
Long-Term Debt to Total Capital
0.00% 0.80% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 218.15% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
0.00% -128.04% 98.54% 96.90% 91.38% 94.26% 92.51%
Debt to EBITDA
0.00 -2.92 -0.17 -0.06 2.26 0.88 0.57
Net Debt to EBITDA
0.00 5.15 3.78 1.18 -17.58 -11.84 -3.50
Long-Term Debt to EBITDA
0.00 -0.24 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.00 -1.25 -0.15 -0.07 -2.88 11.10 0.81
Net Debt to NOPAT
0.00 2.21 3.45 1.41 22.39 -148.78 -4.92
Long-Term Debt to NOPAT
0.00 -0.10 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
0.00 0.07 0.27 0.00 1.22 2.67 3.88
Noncontrolling Interest Sharing Ratio
0.00% 242.08% 86.90% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - -
Current Ratio
0.00 1.58 5.03 3.81 2.68 3.19 2.49
Quick Ratio
0.00 0.86 2.26 2.43 1.41 1.95 1.02
Cash Flow Metrics
- - - - - - -
Free Cash Flow to Firm (FCFF)
0.00 -504 -311 213 31 50 -139
Operating Cash Flow to CapEx
-433.65% -1,644.50% -1,433.26% 1,575.26% 290.56% 1,101.98% -299.23%
Free Cash Flow to Firm to Interest Expense
0.00 -155.49 -118.26 238.65 31.47 24.36 -161.19
Operating Cash Flow to Interest Expense
-33.14 -19.58 -60.67 143.00 34.57 42.81 -68.66
Operating Cash Flow Less CapEx to Interest Expense
-40.78 -20.77 -64.91 133.92 22.67 38.92 -91.61
Efficiency Ratios
- - - - - - -
Asset Turnover
0.00 0.93 1.23 1.50 2.43 3.04 3.88
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 223.80
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 69.84 90.46 85.45 95.93 105.71 108.12
Accounts Payable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)
0.00 0.00 0.00 0.00 0.00 0.00 1.63
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)
0.00 0.00 0.00 0.00 0.00 0.00 1.63
Capital & Investment Metrics
- - - - - - -
Invested Capital
0.00 455 668 189 140 93 289
Invested Capital Turnover
0.00 3.28 2.17 3.34 11.11 19.20 15.76
Increase / (Decrease) in Invested Capital
0.00 455 213 -480 -48 -47 196
Enterprise Value (EV)
0.00 1,533 -243 62 -96 8.07 478
Market Capitalization
276 276 96 436 286 421 759
Book Value per Share
$0.00 ($42.68) $10.46 $3.73 $3.50 $3.46 $3.89
Tangible Book Value per Share
$0.00 ($68.65) $5.77 $3.21 $3.25 $3.41 $3.88
Total Capital
0.00 626 1,022 581 572 537 617
Total Debt
0.00 62 15 18 49 31 46
Total Long-Term Debt
0.00 5.02 0.00 0.00 0.00 0.00 0.00
Net Debt
0.00 -109 -339 -374 -383 -413 -281
Capital Expenditures (CapEx)
14 3.86 11 8.11 12 7.99 20
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 6.89 220 73 83 55 194
Debt-free Net Working Capital (DFNWC)
0.00 163 537 434 449 423 452
Net Working Capital (NWC)
0.00 106 522 416 399 392 406
Net Nonoperating Expense (NNE)
28 23 30 92 4.92 3.91 9.10
Net Nonoperating Obligations (NNO)
0.00 -109 -339 -374 -383 -413 -281
Total Depreciation and Amortization (D&A)
34 55 59 59 47 37 17
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 0.92% 18.05% 5.13% 4.52% 2.46% 6.44%
Debt-free Net Working Capital to Revenue
0.00% 21.83% 43.97% 30.32% 24.57% 18.91% 15.02%
Net Working Capital to Revenue
0.00% 14.23% 42.75% 29.06% 21.87% 17.53% 13.48%
Earnings Adjustments
- - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 ($13.76) ($15.16) ($0.96) ($0.01) $0.30
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 150.94M 162.82M 162.16M 161.62M 161.32M
Adjusted Diluted Earnings per Share
$0.00 $0.00 ($13.76) ($15.16) ($0.96) ($0.01) $0.30
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 150.94M 162.82M 162.16M 161.62M 162.19M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 ($13.76) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 96.31M 149.22M 146.32M 146.55M 146.34M
Normalized Net Operating Profit after Tax (NOPAT)
-74 -49 -98 -82 -17 2.78 57
Normalized NOPAT Margin
-13.03% -6.61% -8.05% -5.70% -0.94% 0.12% 1.90%
Pre Tax Income Margin
-18.64% -10.51% -12.26% -26.07% -1.14% 0.00% 2.19%
Debt Service Ratios
- - - - - - -
EBIT to Interest Expense
-58.74 -23.64 -56.35 -419.42 -25.40 -0.82 73.84
NOPAT to Interest Expense
-41.32 -15.23 -37.34 -298.00 -17.20 1.35 66.24
EBIT Less CapEx to Interest Expense
-66.38 -24.83 -60.58 -428.49 -37.30 -4.70 50.89
NOPAT Less CapEx to Interest Expense
-48.96 -16.42 -41.58 -307.08 -29.09 -2.53 43.29
Payout Ratios
- - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% -8.83% -102.44% -2,239.58% 27.44%

Quarterly Metrics And Ratios for ATRenew

No quarterly metrics and ratios for ATRenew are available.



Financials Breakdown Chart

ATRenew Financials - Frequently Asked Questions

According to the most recent income statement we have on file, ATRenew's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

ATRenew's net income appears to be on a downward trend, with a most recent value of $48.09 million in 2025, falling from -$101.21 million in 2019. The previous period was -$1.13 million in 2024. See ATRenew's forecast for analyst expectations on what's next for the company.

ATRenew's total operating income in 2025 was $65.23 million, based on the following breakdown:
  • Total Gross Profit: $3.01 billion
  • Total Operating Expenses: $2.94 billion

Over the last 6 years, ATRenew's total revenue changed from $564.52 million in 2019 to $3.01 billion in 2025, a change of 433.2%.

ATRenew's total liabilities were at $282.50 million at the end of 2025, a 47.7% increase from 2024, and a 17.9% increase since 2020.

In the past 5 years, ATRenew's cash and equivalents has ranged from $141.20 million in 2020 to $278.69 million in 2023, and is currently $219.85 million as of their latest financial filing in 2025.

Over the last 6 years, ATRenew's book value per share changed from 0.00 in 2019 to 3.89 in 2025, a change of 389.4%.



Financial statements for NYSE:RERE last updated on 4/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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