U Power (UCAR) Revenue & Revenue Breakdown


OverviewOwnershipFinancialsChart

U Power Revenue Highlights


Latest Revenue (Y)

$19.76M

Latest Revenue (Q)

$2.47M

Main Segment (Y)

Product

U Power Revenue by Period


U Power Revenue by Year

DateRevenueChange
2023-12-31$19.76M153.51%
2022-12-31$7.80M-2.67%
2021-12-31$8.01M447.13%
2020-12-31$1.46M-

U Power generated $19.76M in revenue during NA 2023, up 153.51% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

U Power Revenue by Quarter

DateRevenueChange
2023-12-31$2.47M802.47%
2023-06-30$273.55K-

U Power generated $2.47M in revenue during Q4 2023, up 802.47% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

U Power Revenue Breakdown


U Power Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22
Product$17.06M$3.06M
Service$1.51M$4.43M

U Power's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (91.85%), and Service (8.15%).

U Power Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
KMXCarMax$26.54B$7.11B
CVNACarvana$10.77B$3.41B
CWHCamping World$6.23B$1.81B
UXINUxin$2.06B$289.02M
CANGCango$1.70B$64.42M
CZOOCazoo Group$1.25B$218.93M
VRMVroom$893.20M$9.02M
SFTShift$670.75M$47.26M
SDASunCar Technology Group$363.75M$102.18M
KXINKaixin Auto$31.54M$12.68M
UCARU Power$19.76M$2.47M

UCAR Revenue FAQ


U Power's yearly revenue for 2023 was $19.76M, representing an increase of 153.51% compared to 2022. The company's yearly revenue for 2022 was $7.8M, representing a decrease of -2.67% compared to 2021. UCAR's yearly revenue for 2021 was $8.01M, representing an increase of 447.13% compared to 2020.

U Power's quarterly revenue for Q4 2023 was $2.47M, a 802.47% increase from the previous quarter (Q2 2023). The company's quarterly revenue for Q2 2023 was $273.55K, a 0% increase from the previous quarter.

U Power's revenue growth rate for the last 3 years (2021-2023) was 146.74%

U Power's revenue streams in c 23 are Product, and Service. Product generated $17.06M in revenue, accounting 91.85% of the company's total revenue, up 457.40% year-over-year. Service generated $1.51M in revenue, accounting 8.15% of the company's total revenue, down -65.83% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of U Power was Product. This segment made a revenue of $17.06M, representing 91.85% of the company's total revenue.