Luckin Coffee, Inc. · OTC:LKNCY
Luckin Coffee — Q4 2024 Earnings Presentation
15 slides from Luckin Coffee's earnings presentation, Feb 20, 2025
Slide 1: Luckin Coffee 4Q2024 Earnings Presentation
Luckin Coffee 4Q2024 Earnings Presentation February 20, 2025
Slide 2: Disclaimer
DISCLAIMER This presentation contains certain financial measures that are not recognized under generally accepted accounting principles in the United States (“GAAP”), including non-GAAP operating income/(loss), non-GAAP net income/(loss), non-GAAP basic and diluted net income/(loss) per ADS. The pre
Slide 3: Business Update / Financial Highlights
1 BUSINESS UPDATE 2 FINANCIAL HIGHLIGHTS
Slide 4: Business Update
1 BUSINESS UPDATE luckin coffe
Slide 5: Strong 4Q2024 results with solid growth and increased market share
Strong 4Q2024 results with solid growth and increased market share Total net revenues Average monthly SSSG(2) transacting customers(1) (self-operated stores) RMB9.6 billion 77.8 million (3.4)% +36.1% YoY increase +24.5% YoY increase Store-level operating profit(3) GAAP operating income Global store
Slide 6: Significant milestones in fiscal year 2024
Significant milestones in fiscal year 2024 Total net revenues Net new store openings(1) RMB 34.5 billion +6,092 stores +38.4% YoY increase Reached 22,340 stores by 2024 The 20,000th store opened in Malaysia – Another step in BEIJING international expansion GAAP Operating income Cumulative transactin
Slide 7: Consistent expansion underpinned by robust market opportunities
Consistent expansion underpinned by robust market opportunities Footprint in China 2025 New Country Entered 22,289 +991 Total store count* Net new store openings(2) QoQ (Including 5 stores in Hong Kong) 14,540 (+649 QoQ) Self-operated stores 7,749 (+342 QoQ) Partnership stores Footprint outside Chin
Slide 8: Enhanced branding power bolstered by product innovation and marketing efforts
Enhanced branding power bolstered by product innovation and marketing efforts FY2024 4Q2024 New transacting New SKU launched in 2024 customers acquired 100+ million 25+ million 119 SKUs Professionalism Youth Fashion Wellness Cups sold in 2024 ~3 billion 100+ million cups sold since launch 12 SKUs 8
Slide 9: Pursue sustainable development and create social value
Pursue sustainable development and create social value Won AON’s “China Best ESG Employer” ESG practices won award consecutively multiple sustainability awards Annual Corporate ESG Practice Award Annual Low-Carbon Project By Jiemian News By Southern Weekly China Best Outstanding Digital ESG Employer
Slide 10: Financial Highlights
2 FINANCIAL HIGHLIGHTS
Slide 11: Robust Q4 results highlighted by improved operational efficiency
Robust Q4 results highlighted by improved operational efficiency Total net revenues Self-operated stores Revenues from self-operated stores(1) (in million RMB) 280.0% Total net revenues YoY growth YoY growth SSSG (2) 200.0% 20,000 20,000 (in million RMB) 230.0% 91.2% 9.2% 13.5% (3.4%) 180.0% FY2024
Slide 12: Reinforced leadership with expanded scale across store network and customer base
Reinforced leadership with expanded scale across store network and customer base Number of stores(1) Net new store openings(2) Average monthly transacting customers(3) (in million) Self-operated stores Self-operated stores Quarterly Basis Partnership stores Partnership stores 22,340 79.8 77.8 +2,975
Slide 13: Improved profitability with a double-digit operating margin in 4Q2024
Improved profitability with a double-digit operating margin in 4Q2024 4Q2024 FY2024 4Q2024 FY2024 Operating margin 10.4% 10.3% Net margin 8.7% 8.5% Store-level operating margin(1) Cost of Materials General & administrative Sales & marketing (self-operated stores) expenses expenses % of total net rev
Slide 14: Strong cash reserve and healthy balance sheet
Strong cash reserve and healthy balance sheet Cash inflow from Cash at bank and on hand(1) Interest-bearing debt (2) operating activities As of December 31, 2024 Fiscal Year 2024 As of December 31, 2024 (2) RMB RMB RMB 5,934.2 million 4,229.3 million 333.6 million Notes: (1) Includes cash and cash e
Slide 15: Thank you
Thank you！