51Talk Online Education Group (COE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q4'20 | Q2'20 | Q1'20 | Q1'19 | Q4'16 | Q1'16 | Q4'15 |
|---|
| Sales/Revenue | 30.76M | 26.33M | 20.4M | 18.25M | 16.24M | 7.83M | 6.26M | 5.55M | 5.05M | 4.59M | 81.9M | 69.59M | 68.5M | 47.68M | 18.47M | 11.16M | 8.21M |
| Revenue Growth % | 89.39% | - | - | - | - | 70.43% | - | - | - | - | - | - | 43.68% | - | 124.82% | - | - |
| Cost of Goods Sold | 8.48M | 7.04M | 5.18M | 4.21M | 3.65M | 1.86M | 1.35M | 1.24M | 1.06M | 984K | 22.37M | 20.25M | 20.26M | 15.75M | 6.54M | 4.07M | 3.12M |
| COGS % of Revenue | 27.57% | 26.74% | 25.4% | 23.04% | 22.48% | 23.74% | 21.63% | 22.37% | 21.03% | 21.42% | 27.31% | 29.09% | 29.57% | 33.03% | 35.43% | 36.44% | 38.01% |
| Gross Profit | 22.28M | 19.29M | 15.22M | 14.04M | 12.59M | 5.97M | 4.91M | 4.31M | 3.99M | 3.61M | 59.53M | 49.35M | 48.25M | 31.93M | 11.92M | 7.1M | 5.09M |
| Gross Margin % | 72.43% | 73.26% | 74.6% | 76.96% | 77.52% | 76.26% | 78.37% | 77.63% | 78.97% | 78.58% | 72.69% | 70.91% | 70.43% | 66.97% | 64.57% | 63.56% | 61.99% |
| Gross Profit Growth % | 76.97% | - | - | - | - | 65.42% | - | - | - | - | - | - | 51.11% | - | 134.17% | - | - |
| Operating Expenses | 27.48M | 23.45M | 17.94M | 15.34M | 13.49M | 9.82M | 7.86M | 6.86M | 6.16M | 6.19M | 57.85M | 45.52M | 41.94M | 41.43M | 33.62M | 22.65M | 21.58M |
| OpEx % of Revenue | 89.36% | 89.04% | 87.94% | 84.04% | 83.07% | 125.46% | 125.5% | 123.6% | 122% | 134.71% | 70.63% | 65.41% | 61.22% | 86.9% | 182.07% | 202.86% | 262.74% |
| Selling, General & Admin | 25.87M | 21.87M | 16.7M | 14.29M | 12.55M | 8.95M | 7.16M | 6.2M | 5.73M | 5.56M | 52.21M | 41.43M | 39.25M | 35.37M | 26.98M | 18.54M | 18.39M |
| SG&A % of Revenue | 84.12% | 83.06% | 81.88% | 78.34% | 77.3% | 114.37% | 114.41% | 111.67% | 113.38% | 121.01% | 63.75% | 59.54% | 57.3% | 74.18% | 146.14% | 166.09% | 223.95% |
| Research & Development | 1.61M | 1.58M | 1.24M | 1.04M | 936K | 868K | 694K | 662K | 435K | 629K | 6.82M | 5.45M | 5.04M | 6.06M | 6.63M | 4.1M | 3.19M |
| R&D % of Revenue | 5.25% | 5.98% | 6.07% | 5.71% | 5.76% | 11.09% | 11.09% | 11.92% | 8.61% | 13.69% | 8.33% | 7.83% | 7.36% | 12.72% | 35.93% | 36.77% | 38.79% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K | -1000K | 0 | 0 | 0 | 0 |
| Operating Income | -5.21M | -4.16M | -2.72M | -1.29M | -901K | -3.85M | -2.95M | -2.55M | -2.17M | -2.58M | 1.69M | 3.83M | 6.31M | -9.5M | -21.7M | -15.55M | -16.49M |
| Operating Margin % | -16.93% | -15.79% | -13.34% | -7.09% | -5.55% | -49.2% | -47.12% | -45.97% | -43.02% | -56.13% | 2.06% | 5.5% | 9.21% | -19.93% | -117.49% | -139.3% | -200.74% |
| Operating Income Growth % | -477.98% | - | - | - | - | -49.38% | - | - | - | - | - | - | 166.4% | - | -31.58% | - | - |
| EBITDA | -4.77M | -4.5M | -2.89M | -1.33M | -1.5M | -3.87M | -2.96M | -2.59M | -2M | -2.77M | 1.69M | 5.06M | 6.97M | -8.4M | -5.12M | -15.55M | -16.49M |
| EBITDA Margin % | -15.52% | -17.09% | -14.17% | -7.3% | -9.27% | -49.37% | -47.27% | -46.72% | -39.64% | -60.27% | 2.06% | 7.27% | 10.17% | -17.62% | -27.7% | -139.3% | -200.74% |
| EBITDA Growth % | -217.18% | - | - | - | - | -39.63% | - | - | - | - | - | - | 182.94% | - | 68.98% | - | - |
| D&A (Non-Cash Add-back) | 434K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 657.92K | 1.1M | 16.58M | 0 | 0 |
| EBIT | -5.85M | -4.5M | -2.89M | -1.33M | -1.5M | -3.87M | -2.96M | -2.59M | -2M | -2.77M | 1.69M | 5.06M | 7.38M | -9.05M | -21.7M | -15.55M | -16.49M |
| Net Interest Income | 142.62K | 138K | 58K | 20K | 27K | 29K | 36K | 33K | 24K | 3K | 1.82M | 1.04M | 1.04M | -191.71K | -448.02K | 257.63K | -476.24K |
| Interest Income | 142.62K | 138K | 58K | 20K | 27K | 29K | 36K | 33K | 24K | 3K | 1.82M | 1.23M | 1.07M | 454.48K | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 188.55K | 29.39K | 646.19K | 0 | 0 | 0 |
| Other Income/Expense | -637.77K | -344K | -169K | -39K | -604K | -14K | -9K | -42K | 171K | -190K | 1.82M | 1.04M | 1.04M | -191.71K | -448.02K | 257.63K | -476.24K |
| Pretax Income | -5.85M | -4.5M | -2.89M | -1.33M | -1.5M | -3.87M | -2.96M | -2.59M | -2M | -2.77M | 3.51M | 4.87M | 7.35M | -9.7M | -22.14M | -15.29M | -16.96M |
| Pretax Margin % | -19.01% | -17.09% | -14.17% | -7.3% | -9.27% | -49.37% | -47.27% | -46.72% | -39.64% | -60.27% | 4.28% | 7% | 10.72% | -20.34% | -119.92% | -136.99% | -206.54% |
| Income Tax | 654.85K | 264K | 169K | 157K | 162K | -1K | -61K | 9K | 0 | 34K | -1.36M | 248.06K | 203.51K | 171.01K | 58.76K | 55.98K | -8.19K |
| Effective Tax Rate % | -11.2% | -5.87% | -5.85% | -11.79% | -10.76% | 0.03% | 2.06% | -0.35% | 0% | -1.23% | -38.86% | 5.09% | 2.77% | -1.76% | -0.27% | -0.37% | 0.05% |
| Net Income | -6.49M | -4.75M | -3.05M | -1.47M | -1.63M | -3.86M | -2.9M | -2.6M | -2M | -2.8M | 4.87M | 4.62M | 7.14M | -9.87M | -22.2M | -15.35M | -16.96M |
| Net Margin % | -21.1% | -18.06% | -14.94% | -8.06% | -10.04% | -49.36% | -46.29% | -46.88% | -39.64% | -61.01% | 5.95% | 6.64% | 10.43% | -20.69% | -120.24% | -137.49% | -206.44% |
| Net Income Growth % | -297.8% | - | - | - | - | -37.9% | - | - | - | - | - | - | 172.4% | - | -30.94% | - | - |
| Net Income (Continuing) | -6.5M | -4.76M | -3.06M | -1.49M | -1.67M | -3.86M | -2.9M | -2.6M | -2M | -2.8M | 4.87M | 4.62M | 7.14M | -9.87M | -22.2M | -15.35M | -16.96M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 104K | 110K | 119K | 281K | 288K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -65.40 | -48.00 | -31.20 | -15.00 | -16.80 | -40.80 | -30.60 | -27.60 | -21.60 | -30.00 | 51.00 | 48.60 | 76.20 | -115.80 | -265.80 | -276.00 | -114.00 |
| EPS Growth % | -289.29% | - | - | - | - | -36% | - | - | - | - | - | - | 165.8% | - | -133.16% | - | - |
| EPS (Basic) | -65.40 | -48.00 | -31.20 | -15.00 | -16.80 | -40.80 | -30.60 | -27.60 | -21.60 | -30.00 | 54.00 | 52.20 | 82.20 | -115.80 | -265.80 | -276.00 | -114.00 |
| Diluted Shares Outstanding | 99.42K | 99.03K | 98.31K | 97.67K | 96.92K | 94.92K | 94.54K | 94.26K | 93.76K | 93.43K | 95.65K | 94.57K | 93.58K | 85.01K | 83.44K | 83.44K | 83.44K |
| Basic Shares Outstanding | 99.42K | 99.03K | 98.31K | 97.67K | 96.92K | 94.92K | 94.54K | 94.26K | 93.76K | 93.43K | 89.85K | 88.28K | 87K | 85.01K | 83.44K | 83.44K | 83.44K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |