← 51Talk Online Education Group
| 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 | $60.2m |
$130.3m
+116.34%
|
$166.6m
+27.83%
|
$212.4m
+27.47%
|
$314.8m
+48.23%
|
$342.3m
+8.74%
|
$15.0m
-95.60%
|
$27.1m
+80.16%
|
$50.7m
+86.98%
|
$95.6m
+88.59%
|
$108.5m
+13.54%
|
|
| Cost of Revenue | $21.2m |
$48.3m
+127.79%
|
$59.8m
+23.79%
|
$63.2m
+5.73%
|
$89.0m
+40.77%
|
$87.6m
-1.57%
|
$3.2m
-96.35%
|
$6.3m
+97.93%
|
$11.2m
+76.59%
|
$24.9m
+123.43%
|
$28.9m
+15.97%
|
|
| Gross Profit | $39.0m |
$82.1m
+110.13%
|
$106.8m
+30.21%
|
$149.2m
+39.62%
|
$225.9m
+51.39%
|
$254.8m
+12.80%
|
$11.9m
-95.35%
|
$20.8m
+75.38%
|
$39.5m
+90.14%
|
$70.7m
+78.75%
|
$79.6m
+12.68%
|
|
| Interest Income (Expense), Net | — | — | — | — | — | $630k | — | — | — | — | $472k | |
| Research and Development Expense | $22.0m | $34.3m | $26.9m | $22.6m | $25.0m | $28.1m | $2.9m | $3.1m | $3.6m | $5.5m | $6.4m | |
| Selling and Marketing Expense | $67.0m | $101.0m | $106.4m | $113.8m | $158.7m | $166.7m | $13.3m | $23.6m | $33.4m | $62.3m | $87.6m | |
| General and Administrative Expense | $23.9m | $34.5m | $32.4m | $28.2m | $32.8m | $50.8m | $8.1m | $7.7m | $10.6m | $17.3m | $18.7m | |
| Amortization of Intangible Assets | $1.0m | $2.9m | $3.7m | $3.9m | $3.8m | $8.3m | $12k | $13k | $12k | $12k | — | |
| Operating Lease, Expense | — | — | $35.1m | $42.5m | $46.9m | $52.1m | $699k | $898k | $1.3m | $2.0m | — | |
| Restructuring Costs | — | — | — | — | — | $85.9m | — | — | — | — | — | |
| Operating Expenses | $112.8m | $169.8m | $165.7m | $164.6m | $216.5m | $250.7m | $24.2m | $34.5m | $47.6m | $85.1m | $94.0m | |
| Operating Income (Loss) | ($73.8m) |
($87.7m)
-18.93%
|
($58.9m)
+32.91%
|
($15.4m)
+73.75%
|
$16.0m
+203.57%
|
$7.7m
-51.66%
|
($12.4m)
-259.75%
|
($13.7m)
-10.56%
|
($8.0m)
+41.11%
|
($14.4m)
-79.33%
|
($14.3m)
+0.55%
|
|
| Interest Expense | — | — | — | $1.4m | $10k | — | — | — | — | — | — | |
| Interest Expense, Debt | — | — | $283k | — | — | — | — | — | — | — | — | |
| Interest Income, Other | — | — | — | $2.5m | $5.9m | $3.3m | $27k | $165k | — | — | $472k | |
| Investment Income, Interest | — | — | — | — | — | — | — | — | $229k | $358k | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | $771k | ($1.5m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($515.8m) | ($587.1m) | ($426.3m) | ($160.5m) | $117.2m | $58.5m | $1.6m | $1.5m | $1.8m | ($10.1m) | ($15.9m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($73.9m) | ($88.6m) | ($60.0m) | ($14.3m) | $21.9m | $11.7m | ($12.8m) | ($14.9m) | ($7.0m) | ($15.6m) | ($15.9m) | |
| Current Income Tax Expense (Benefit) | $1.9m | $4.7m | $3.8m | $5.2m | $5.8m | $4.4m | $50k | $281k | $261k | $815k | $1.6m | |
| Income Tax Expense (Benefit) | $233k | $667k | $565k | $728k | ($629k) | ($7.2m) | $60k | $118k | $276k | $1.2m | $1.6m | |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | ($74.1m) | ($89.3m) | ($60.6m) | ($15.0m) | $22.5m | $18.9m | ($42.6m) | ($15.0m) | ($7.2m) | ($16.8m) | ($17.4m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | ($87k) | ($54k) | ($17.4m) | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | — | ($0) | ($0) | ($0) | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | — | — | ($0) | ($0) | ($0) | — | — | |
| Earnings Per Share, Basic | — | — | — | — | $0.07 | $0.06 | — | — | — | ($0.05) | ($174.00) | |
| Earnings Per Share, Diluted | — | — | — | — | $0.07 | $0.06 | — | — | — | ($0.05) | ($174.00) | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | 319.6m | 328.5m | 335.6m | 341.1m | 347.1m | 355.0m | 6.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | 341.5m | 339.9m | 335.6m | 341.1m | 347.1m | 355.0m | 6.0m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $10.2m | — | — | — | — | — | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | $48.2m | $35.1m | $27.9m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | ($7.3m) | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | ($12.8m) | ($15.0m) | ($7.3m) | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | $29.7m | — | — | — | — |