← Four Seasons Education (Cayman) Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $203.2m |
$47.5m
-76.63%
|
$50.2m
+5.62%
|
$55.7m
+10.95%
|
$43.3m
-22.20%
|
$39.7m
-8.39%
|
$4.9m
-87.56%
|
$17.4m
+253.08%
|
$251.1m
+1340.65%
|
$254.4m
+1.34%
|
$254.4m
0.00%
|
|
| Cost of Revenue | ($85.3m) |
$17.3m
+120.26%
|
$25.7m
+48.48%
|
$28.7m
+11.93%
|
$26.1m
-9.26%
|
$23.7m
-9.07%
|
$2.9m
-87.88%
|
$11.1m
+286.50%
|
$28.0m
+152.10%
|
$27.5m
-1.69%
|
$188.8m
+585.79%
|
|
| Total Cost of revenue | ($85.3m) |
($109.4m)
-28.23%
|
($171.8m)
-57.00%
|
($200.9m)
-16.94%
|
($168.8m)
+15.98%
|
($149.6m)
+11.38%
|
($19.9m)
+86.68%
|
($80.0m)
-301.32%
|
($203.9m)
-155.08%
|
($188.8m)
+7.43%
|
— | |
| Gross Profit | $117.8m |
$30.2m
-74.37%
|
$24.5m
-18.93%
|
$26.9m
+9.91%
|
$17.2m
-36.02%
|
$15.9m
-7.38%
|
$2.1m
-87.07%
|
$6.3m
+206.50%
|
$6.5m
+2.42%
|
$9.6m
+47.89%
|
$65.7m
+585.81%
|
|
| Selling and Marketing Expense | — | $5.8m | $5.0m | $4.9m | $4.8m | $3.5m | $673k | $938k | $1.9m | $1.5m | $58.9m | |
| Sales and marketing expenses | ($12.6m) | ($36.6m) | ($33.8m) | ($34.4m) | ($31.0m) | ($22.0m) | ($4.7m) | ($6.8m) | ($14.0m) | ($10.5m) | — | |
| General and Administrative Expense | — | $14.7m | $19.3m | $19.9m | $18.1m | $13.5m | $6.5m | $6.2m | $6.7m | $7.1m | $48.4m | |
| General and administrative expenses | ($42.1m) | ($92.9m) | ($128.9m) | ($139.4m) | ($117.0m) | ($85.3m) | ($45.3m) | ($44.3m) | ($48.8m) | ($48.4m) | $48.4m | |
| Amortization of Intangible Assets | — | — | $513k | $619k | $301k | $272k | $114k | $86k | $58k | $86k | — | |
| Operating Lease, Expense | — | — | — | $7.8m | $8.4m | $6.3m | $427k | $551k | — | — | — | |
| Operating Income (Loss) | — | $9.7m |
$169k
-98.26%
|
($18.7m)
-11191.72%
|
($5.6m)
+69.94%
|
($10.5m)
-86.26%
|
($5.1m)
+50.99%
|
($1.3m)
+74.96%
|
($2.2m)
-67.70%
|
$983k
+145.51%
|
$6.9m
+604.78%
|
|
| Interest income, net | $3.0m | $5.5m | $6.8m | $5.2m | $3.4m | $3.2m | $2.3m | $7.2m | $16.2m | $6.0m | $6.0m | |
| Realized gain (loss) in investments | — | — | — | — | — | $1.7m | $1.9m | $3.2m | ($3.1m) | $3.9m | — | |
| Other Nonoperating Income (Expense) | — | ($206k) | ($495k) | $1.6m | $294k | ($555k) | ($76k) | ($199k) | ($102k) | $55k | — | |
| Income (Loss) from Equity Method Investments | — | — | ($12k) | ($32k) | ($595k) | ($5.8m) | — | — | — | — | — | |
| Interest Income (Expense), Nonoperating, Net | — | $876k | $1.0m | $748k | $526k | $512k | $329k | $1.0m | $2.2m | $876k | $6.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | ($2.2m) | $632k | ($976k) | $3.6m | $29.7m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | — | — | — | $14k | $4.3m | $29.7m | |
| Total income before provision of income taxes | — | — | — | — | — | — | ($32.5m) | — | $95k | $29.7m | — | |
| Income tax expense | ($19.8m) | ($26.4m) | ($10.1m) | ($4.2m) | ($4.8m) | ($21.8m) | ($993k) | ($1.1m) | ($722k) | ($635k) | $635k | |
| Income Tax Expense (Benefit) | — | $4.2m | $1.5m | $599k | $735k | $3.5m | $143k | $153k | $99k | $93k | $635k | |
| Less: Net loss attributable to non-controlling interests | ($327k) | ($2.5m) | ($869k) | ($76k) | $310k | ($5.3m) | ($3.8m) | ($2.2m) | ($1.4m) | ($1.7m) | — | |
| Net Income (Loss) Attributable to Parent | $17.3m |
$7.0m
-59.56%
|
($90k)
-101.28%
|
($15.7m)
-17303.33%
|
($4.4m)
+72.20%
|
($18.0m)
-313.02%
|
($4.3m)
+76.21%
|
$690k
+116.13%
|
$111k
-83.91%
|
$4.5m
+3942.34%
|
$30.8m
+586.14%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | ($400k) | ($130k) | ($11k) | $48k | ($835k) | ($551k) | ($304k) | ($196k) | ($247k) | $30.8m | |
| Earnings Per Share, Basic | $0.97 | $0.34 | ($0.00) | ($0.66) | ($0.19) | ($0.80) | ($0.20) | $0.03 | $0.01 | $0.20 | $13.60 | |
| Earnings Per Share, Diluted | $0.94 | $0.31 | ($0.00) | ($0.66) | ($0.19) | ($0.80) | ($0.20) | $0.03 | $0.01 | $0.20 | $13.40 | |
| Weighted Average Number of Shares Outstanding, Basic | $14.0m | 17.1m | 24.1m | 23.7m | 23.1m | 22.5m | 21.2m | 21.2m | 21.8m | 22.6m | 2.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | $14.5m | 18.5m | 24.1m | 23.7m | 23.1m | 22.5m | 21.2m | 23.6m | 22.1m | 22.9m | 2.3m | |
| Additional Financial Items | ||||||||||||
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | $69k | $0 | $0 | — | |
| Goodwill, Impairment Loss | — | — | $83k | $16.4m | $0 | $6.7m | $0 | $0 | $0 | $0 | $0 | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | — | $446k | ($420k) | $574k | — | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | $127k | — | — | — | — | $400k | — | — | — | |
| Impairment loss on long-lived assets | — | — | — | ($764k) | $0 | ($7.9m) | $0 | ($3.7m) | $0 | $0 | — | |
| Operating (loss) income | $63.2m | $61.6m | $1.1m | ($131.0m) | ($36.5m) | ($66.2m) | ($35.7m) | ($9.3m) | ($15.7m) | $6.7m | — | |
| Subsidy income | $579k | $2.4m | $4.2m | $9.6m | $11.9m | $2.3m | $1.4m | $728k | $1.4m | $191k | — | |
| Unrealized holding gain in investments | — | — | — | — | — | ($2.9m) | ($3.8m) | $3.9m | $2.0m | $2.4m | — | |
| Other (expense) income, net | ($1.1m) | ($1.3m) | ($3.3m) | $11.1m | $1.9m | ($3.5m) | ($526k) | ($1.4m) | ($739k) | $381k | — | |
| Net (loss) income attributable to Four Seasons Education (Cayman) Inc. | $17.7m | $44.4m | ($601k) | ($109.5m) | ($28.2m) | ($113.5m) | ($29.7m) | $5.0m | $801k | $30.8m | — | |
| - Basic | $14.0m | $17.1m | $24.1m | $23.7m | $23.1m | $22.5m | $21.2m | $21.2m | $21.8m | $22.6m | $14 | |
| - Diluted | $14.5m | $18.5m | $24.1m | $23.7m | $23.1m | $22.5m | $21.2m | $23.6m | $22.1m | $22.9m | $30.8m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | $722k | — | — |