Rankings
▼
Calendar
▼
WRD Q1 2024 Earnings Report — WeRide Inc. Revenue & Financial Results | Market Cap Arena
WeRide Inc.
WRD
Q1 2024 Earnings
Reported March 31, 2024
Quarter Comparison
Revenue
Operating Income
Gross Margin
Net Margin
EPS (Diluted)
Metric
Q1 2024
Q4 2023
Q1 2023
QoQ Change
YoY Change
Revenue
$10M
$21M
—
-50.8%
—
Op. Income
-$55M
-$41M
—
-32.7%
—
Gross Margin
41.3%
52.9%
—
-11.7pp
—
Net Margin
-657.6%
-262.0%
—
-395.7pp
—
EPS (Diluted)
$-0.25
$-0.21
—
-23.4%
—
marketcaparena.com
Income Statement
Item
Amount
REVENUE
$10M
Cost of Revenue
$6M
GROSS PROFIT
$4M
R&D Expenses
$41M
Selling & Marketing
$2M
General & Administrative
$17M
SG&A Expenses
$19M
Other Expenses
-$43.7K
Operating Expenses
$59M
Cost & Expenses
$65M
OPERATING INCOME
-$55M
Interest Income
$7M
Interest Expense
$0
Other Income/Expenses
-$13M
INCOME BEFORE TAX
-$68M
Income Tax Expense
$116.6K
Net Income from Continuing Ops
-$68M
Net Income from Discontinued Ops
$0
Other Adjustments
$0
NET INCOME
-$68M
Net Income Deductions
$0
BOTTOM LINE NET INCOME
-$68M
D&A
$0
EBIT
-$55M
EBITDA
-$55M
EPS
-$0
EPS Diluted
-$0
marketcaparena.com
← FY 2024
WRD Overview
Q2 2024 →