RELX Technology (ADR) (RLX)
Sells compliant RELX vaping products in China and selected international markets.
$1.72
vs last close−0.02 (−1.32%)
In millions of USD, except per-share figures · converted from CNY at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 49 | 78 | 70 | 83 | 101 | 110 | 106 | 119 | 154 | 159 | 218 | 136 |
| Cost of revenue | 33 | 57 | 49 | 60 | 71 | 77 | 71 | 82 | 102 | 106 | 145 | 83 |
| Gross profit | 16 | 21 | 21 | 24 | 31 | 33 | 34 | 36 | 53 | 53 | 73 | 53 |
| 22 | 41 | 29 | 29 | 32 | 35 | 23 | 30 | 39 | 35 | 37 | 34 | |
| Research & development | 5 | 3 | 5 | 0 | 4 | 5 | 4 | 4 | 6 | 5 | 5 | 4 |
| 17 | 38 | 24 | 29 | 29 | 30 | 19 | 26 | 33 | 30 | 32 | 29 | |
| Selling & marketing | 6 | 6 | 8 | 9 | 10 | 7 | 9 | 13 | 20 | 0 | 0 | 0 |
| General & administrative | 11 | 31 | 16 | 19 | 18 | 23 | 10 | 13 | 13 | 0 | 0 | 0 |
| Operating income | −6 | −20 | −8 | −5 | −2 | −2 | 12 | 6 | 14 | 18 | 36 | 19 |
| 32 | 55 | 30 | 28 | 31 | 25 | 26 | 31 | 24 | 27 | 14 | 17 | |
| Interest income | 24 | 24 | 24 | 23 | 23 | 22 | 20 | 21 | 3 | 22 | 18 | 17 |
| Other non-operating income | 0 | −55 | −30 | −28 | −31 | −25 | −26 | −31 | −24 | −27 | −14 | 0 |
| Income before tax | 26 | 35 | 22 | 23 | 30 | 23 | 37 | 37 | 38 | 45 | 50 | 37 |
| Income tax expense | 0 | 2 | 2 | 3 | 5 | 4 | 4 | 4 | 7 | 2 | 7 | 4 |
| Net income from continuing operations | 26 | 33 | 20 | 20 | 25 | 19 | 33 | 33 | 31 | 42 | 44 | 33 |
| Net income | 26 | 32 | 20 | 20 | 25 | 18 | 33 | 32 | 30 | 41 | 42 | 32 |
| EPS, basic | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| EPS, diluted | $0.02 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 |
| Weighted average shares, basic | 1,316 | 1,324 | 1,249 | 1,229 | 1,225 | 1,292 | 1,226 | 1,222 | 1,294 | 1,231 | 1,232 | 1,226 |
| Weighted average shares, diluted | 1,344 | 1,324 | 1,301 | 1,284 | 1,288 | 1,292 | 1,309 | 1,309 | 1,295 | 1,232 | 1,313 | 1,307 |
| EBITDA | −3 | 37 | 22 | 23 | 30 | 24 | 37 | 37 | 39 | 58 | 52 | 19 |
| Depreciation & amortization | 3 | 2 | 0 | 0 | 0 | 2 | 0 | 0 | 2 | 14 | 2 | 0 |
| EBIT | −6 | 35 | 22 | 23 | 30 | 23 | 37 | 37 | 38 | 45 | 50 | 19 |
