Full Truck Alliance Co. Ltd. reported its financial results for the first quarter ending March 31, 2025. The company's total net revenues reached RMB2.7 billion (US$372.1 million), marking a 19.0% increase from RMB2.3 billion in the same period the previous year. Net income for the first quarter of 2025 was RMB1.28 billion (US$176.2 million), a significant increase of 118.1% compared to RMB586.4 million in the first quarter of 2024. The non-GAAP adjusted net income was RMB1.39 billion (US$191.7 million), up 84.0% from RMB756.4 million in the previous year. Full Truck Alliance highlighted the continued growth in its truck-shipper ecosystem, with average shipper monthly active users reaching 2.76 million, a 28.8% increase year-on-year. Revenue from the core transaction service also saw a substantial rise, increasing 51.5% to RMB1.05 billion year-over-year. The company plans to maintain its growth trajectory through AI innovations and ecosystem collaborations, aiming to deliver long-term returns for shareholders.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.