Electrical scooter maker Niu Applied sciences (NASDAQ: NIU) reported a pointy improve in gross sales for the third quarter of fiscal 2025, aided by continued product innovation and robust retailer enlargement momentum.
- Third-quarter revenues jumped 65.4% year-over-year to RMB1.69 billion, or US$237.9 million
- Web revenue was RMB 81.7 million, or US$11.5 million within the September quarter, in comparison with a lack of RMB 40.9 million within the year-ago quarter
- On a per-share foundation, Q3 earnings have been RMB 0.99, or US$0.14, within the third quarter, vs. a lack of RMB 0.52 final yr
- Adjusted web revenue got here in at RMB 88.4 million in Q3, in comparison with a lack of RMB 34.2 million in Q3 2024
- Globally, the corporate bought 465,873 e-scooters through the quarter, up 49.1% yr over yr
- The variety of e-scooters bought in China was 451,455 through the three months, up 74.2% yr over yr
- As of September 30, 2025, Niu had a complete of 4,542 franchised shops in China
