Relx
Launch date
Employees
Market cap
CAD3.6b
Enterprise valuation
CAD2.0b (Public information from Sep 2024)
Share price
$1.67 RLX
Beijing China (HQ)
Financials
Estimates*
| CNY | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenues | 1.5b | 3.8b | 8.5b | 5.3b | 1.2b | 2.7b | 4.0b |
| % growth | 962 % | 147 % | 123 % | (37 %) | (77 %) | 116 % | 49 % |
| EBITDA | 69.8m | (7.2m) | 2.2b | 927m | (646m) | - | - |
| % EBITDA margin | 5 % | - | 26 % | 17 % | (52 %) | - | - |
| Profit | 47.7m | (128m) | 2.0b | 1.4b | 534m | - | - |
| % profit margin | 3 % | (3 %) | 24 % | 27 % | 43 % | - | - |
| R&D budget | 31.9m | 299m | 180m | 317m | 173m | - | - |
| R&D % of revenue | 2 % | 8 % | 2 % | 6 % | 14 % | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
$5.8m | Angel | ||
N/A | Series A | ||
N/A | Series B | ||
| N/A | N/A | IPO | |
| Total Funding | CAD7.9m | ||
