← ATA Creativity Global
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $64.7m |
$68.6m
+6.08%
|
$195k
-99.72%
|
$14.0m
+7113.42%
|
$24.9m
+76.97%
|
$31.7m
+27.67%
|
$30.0m
-5.50%
|
$31.2m
+4.10%
|
$36.7m
+17.65%
|
$38.3m
+4.40%
|
$268.1m
+599.31%
|
|
| Cost of Goods and Services Sold | $32.3m |
$34.8m
+8.01%
|
$102k
-99.71%
|
$8.9m
+8641.76%
|
$15.1m
+69.78%
|
$15.3m
+1.24%
|
$15.1m
-1.06%
|
$15.1m
-0.39%
|
$17.4m
+15.30%
|
$19.7m
+13.44%
|
$137.8m
+599.31%
|
|
| Cost of revenues | $208.0m |
$239.9m
+15.30%
|
$4.3m
-98.23%
|
$61.9m
+1356.31%
|
$98.5m
+59.12%
|
$97.4m
-1.12%
|
$104.3m
+7.09%
|
$107.0m
+2.54%
|
$126.8m
+18.54%
|
$137.8m
+8.68%
|
$137.8m
0.00%
|
|
| Gross Profit | $32.4m |
$33.8m
+4.16%
|
($424k)
-101.25%
|
$5.2m
+1315.68%
|
$9.8m
+89.39%
|
$16.4m
+68.59%
|
$14.9m
-9.63%
|
$16.1m
+8.66%
|
$19.4m
+19.84%
|
$18.6m
-3.71%
|
$130.3m
+599.31%
|
|
| Research and Development Expense | $5.7m | $6.3m | $2.8m | $1.7m | $1.4m | $1.9m | $985k | $652k | $507k | $439k | $3.1m | |
| Research and development | $36.5m | $43.4m | $19.6m | $11.8m | $8.8m | $11.8m | $6.8m | $4.6m | $3.7m | $3.1m | $3.1m | |
| Selling and Marketing Expense | $6.6m | $6.9m | $810k | $4.9m | $8.2m | $10.4m | $10.9m | $11.1m | $13.7m | $11.8m | $140.2m | |
| Sales and marketing | $42.6m | $47.8m | $5.6m | $34.1m | $53.5m | $66.1m | $75.3m | $78.7m | $99.9m | $82.6m | — | |
| General and Administrative Expense | $12.1m | $10.0m | $6.3m | $11.8m | $15.3m | $14.6m | $11.2m | $10.3m | $11.1m | $11.3m | $57.6m | |
| General and administrative | $78.3m | $69.1m | $43.5m | $81.9m | $100.1m | $93.3m | $77.1m | $72.8m | $80.9m | $78.8m | $57.6m | |
| Amortization of Intangible Assets | $193k | $1.6m | $2.0m | $12.4m | $21.9m | $17.2m | $17.5m | $17.2m | $17.6m | $13.9m | — | |
| Operating Lease, Expense | — | — | — | $13.9m | $29.1m | $24.8m | $18.5m | — | — | — | — | |
| Operating Costs and Expenses | — | — | — | $216.1m | $270.0m | $268.6m | $263.4m | $263.1m | — | — | — | |
| Operating Expenses | $24.4m | $23.4m | $10.0m | $22.2m | $26.3m | $26.9m | $23.1m | $22.0m | $25.3m | $27.8m | $160.5m | |
| Total operating expenses | $157.4m | $161.0m | $68.7m | $154.2m | $171.5m | $171.2m | $159.1m | $156.2m | $184.5m | $194.6m | $160.5m | |
| Other Operating Income | — | — | $552k | $588k | $330k | $22k | $17k | $31k | $175k | $176k | — | |
| Loss from operations | $51.7m |
$71.5m
+38.22%
|
($67.8m)
-194.80%
|
($117.8m)
-73.73%
|
($107.5m)
+8.74%
|
($66.4m)
+38.23%
|
($56.6m)
+14.77%
|
($41.5m)
+26.67%
|
($43.0m)
-3.73%
|
($64.1m)
-48.94%
|
— | |
| Operating Income (Loss) | $8.0m |
$10.4m
+29.48%
|
($9.9m)
-194.91%
|
($16.9m)
-71.57%
|
($16.5m)
+2.63%
|
($10.4m)
+36.75%
|
($8.2m)
+21.25%
|
($5.8m)
+28.76%
|
($5.9m)
-0.90%
|
($9.2m)
-55.46%
|
($30.2m)
-229.44%
|
|
| Other Operating Income (Expense), Net | — | — | $3.8m | $588k | $330k | $22k | $17k | $31k | $24k | $25k | — | |
| Interest income, net of interest expenses | $3.6m | $3.9m | $2.4m | $3.3m | $1.2m | $1.1m | $757k | $979k | $1.0m | $624k | — | |
| Investment Income, Interest | $554k | — | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($233k) | ($11k) | $140k | $7k | ($161k) | ($33k) | $788 | ($687) | ($3k) | ($3k) | — | |
| Foreign Currency Transaction Gain (Loss), Realized | ($314k) | ($37k) | ($6k) | $8k | ($161k) | ($34k) | ($47) | ($1) | $0 | ($72) | — | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | — | — | $1.7m | — | |
| Gain (loss) on deconsolidation of subsidiaries and others, net | — | — | — | ($8k) | ($1.8m) | $33.5m | $1.3m | — | ($438k) | $11.9m | — | |
| Other Nonoperating Income (Expense) | — | — | ($262k) | ($3.4m) | ($517k) | $4.5m | $300k | $137k | $75k | $1.8m | — | |
| Income (Loss) from Equity Method Investments | ($1.4m) | ($2.3m) | — | ($1k) | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | ($1.0m) | ($6.2m) | ($38k) | — | — | — | — | — | — | — | — | |
| Interest Income (Expense), Nonoperating, Net | — | $569k | $350k | $471k | $180k | $174k | $110k | $138k | $137k | $89k | — | |
| Total other income, net | — | — | ($262k) | ($23.5m) | ($3.4m) | $28.4m | $2.1m | $974k | $545k | $12.5m | — | |
| Loss before income taxes | $45.0m | $28.6m | ($68.1m) | ($141.3m) | ($110.9m) | ($37.9m) | ($54.5m) | ($40.5m) | ($42.5m) | ($51.6m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $7.0m | $4.2m | ($9.9m) | ($20.3m) | ($17.0m) | ($6.0m) | ($7.9m) | ($5.7m) | ($5.8m) | ($7.4m) | ($51.6m) | |
| Income tax benefit | $18.9m | $38.6m | — | ($7.1m) | ($10.3m) | ($1.5m) | ($5.9m) | ($6.8m) | ($6.4m) | ($3.6m) | — | |
| Foreign currency translation adjustment, net of nil income tax | $2.0m | $658k | ($11.4m) | $810k | $53k | ($135k) | $557k | ($1k) | $52k | ($495k) | — | |
| Income Tax Expense (Benefit) | $2.9m | $5.6m | — | ($1.0m) | ($1.6m) | ($242k) | ($859k) | ($959k) | ($877k) | ($512k) | ($3.6m) | |
| Net loss | $26.1m | ($10.0m) | $850.6m | ($129.2m) | ($100.6m) | ($36.4m) | ($48.6m) | ($33.7m) | ($36.1m) | ($48.0m) | — | |
| Net loss attributable to non-redeemable non-controlling interests | — | ($253k) | ($1.1m) | ($4.1m) | ($5.8m) | ($2.0m) | ($701k) | ($50k) | ($95) | ($29) | — | |
| Net loss attributable to ATA Creativity Global | $26.1m | ($9.7m) | $854.9m | ($122.3m) | ($92.2m) | ($33.6m) | ($47.9m) | ($33.7m) | ($36.1m) | ($48.0m) | — | |
| Net Income (Loss) Attributable to Parent | $4.0m |
($1.4m)
-134.94%
|
$124.3m
+8909.01%
|
($17.6m)
-114.12%
|
($14.1m)
+19.54%
|
($5.3m)
+62.63%
|
($6.9m)
-31.50%
|
($4.7m)
+31.72%
|
($4.9m)
-4.31%
|
($6.9m)
-38.93%
|
($48.0m)
-599.31%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $25.9m |
($9.7m)
-137.48%
|
$835.6m
+8700.16%
|
($128.3m)
-115.35%
|
($98.4m)
+23.30%
|
($35.9m)
+63.48%
|
($47.9m)
-33.29%
|
($33.7m)
+29.72%
|
($36.1m)
-7.24%
|
($48.0m)
-33.10%
|
($48.0m)
0.00%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | ($37k) | — | — | — | — | — | — | — | — | ($48.0m) | |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest | — | ($253k) | — | — | — | — | ($102k) | ($7k) | ($13) | ($4) | ($48.0m) | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $131k | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | ($2) | ($3) | ($2) | ($1) | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | ($2) | ($3) | ($2) | ($1) | — | — | — | — | — | |
| Earnings Per Share, Basic | $0.09 | ($0.03) | $18.25 | ($2.52) | ($1.57) | ($0.57) | ($0.11) | ($0.08) | ($0.08) | ($0.11) | ($1.52) | |
| Earnings Per Share, Diluted | $0.09 | ($0.03) | $18.25 | ($2.52) | ($1.57) | ($0.57) | ($0.11) | ($0.08) | ($0.08) | ($0.11) | ($1.52) | |
| Weighted Average Number of Shares Outstanding, Diluted | 45.6m | 45.8m | 45.8m | 50.9m | 62.7m | 62.7m | 62.8m | 62.8m | 63.0m | 63.4m | 31.7m | |
| Additional Financial Items | ||||||||||||
| Costs and Expenses | — | — | — | — | — | — | — | — | $311.3m | $332.4m | — | |
| Goodwill, Impairment Loss | $0 | $0 | — | — | — | $0 | — | $0 | $0 | $4.8m | $33.9m | |
| Goodwill impairment | — | — | — | — | — | — | — | $0 | $0 | $33.9m | $33.9m | |
| Foreign currency exchange losses, net | ($1.5m) | ($73k) | $960k | $51k | ($1.1m) | ($213k) | $5k | ($5k) | ($19k) | ($19k) | — | |
| Comprehensive loss | $28.1m | ($9.9m) | $839.2m | ($128.4m) | ($100.5m) | ($36.5m) | ($48.0m) | ($33.7m) | ($36.0m) | ($48.5m) | — | |
| Comprehensive loss attributable to non-redeemable non-controlling interests | — | ($253k) | ($1.1m) | ($4.1m) | ($5.8m) | ($2.0m) | ($701k) | ($50k) | ($95) | ($29) | — | |
| Comprehensive loss attributable to ATA Creativity Global | $28.1m | ($9.6m) | $843.5m | ($121.4m) | ($92.1m) | ($33.8m) | ($47.3m) | ($33.7m) | ($36.0m) | ($48.5m) | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | — | — | ($2.8m) | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | ($9.3m) | ($18.3m) | ($14.1m) | ($5.3m) | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | ($9.9m) | ($19.3m) | ($15.4m) | ($5.7m) | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | $133.6m | $703k | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | $133.6m | $703k | — | — | — | — | — | — | — | |
| Total other comprehensive income (loss) | $2.0m | $104k | ($11.4m) | $810k | $53k | ($135k) | $557k | ($1k) | $52k | ($495k) | — |