51Talk Online Education Group 3/22/2024 Earnings Report

51Talk Online Education Group EPS Results

• Actual EPS: -$0.81
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

51Talk Online Education Group Revenue Results

• Actual Revenue: $7.66 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

51Talk Online Education Group Announcement Details

• Date: 3/22/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

51Talk Online Education Group (NYSE:COE) (NYSE:COE) is a Beijing‐based online education provider specializing in live, one‐on‐one English instruction. Since its founding in 2011 by Jack Lu, the company has built a proprietary digital platform that connects students with qualified teachers through interactive video classrooms. Courses are tailored to a range of learners—from young children building foundational language skills to adults pursuing business and conversational English—and are supported by custom lesson materials and real‐time progress tracking.

The company operates two core business segments: its China-focused program, which delivers English lessons to students across mainland China, and its international offerings under the 51Talk Global banner. In China, 51Talk leverages a network of home‐based teachers and technology partners to reach students in both tier-one cities and emerging markets. The global program further extends the platform’s reach to regions such as Southeast Asia and Latin America, enabling cross-border learning and cultural exchange.

51Talk’s service portfolio encompasses individual courses, group classes, and corporate training solutions. The curriculum is aligned with internationally recognized standards, and courses are designed by a dedicated academic team to ensure consistency and quality. The platform’s adaptive scheduling system allows students to book classes at their convenience, while analytics tools provide parents and administrators with detailed performance reports.

Under the leadership of founder and CEO Jack Lu, 51Talk has expanded its footprint through strategic partnerships and continuous technology upgrades. The company maintains a commitment to professional development, offering ongoing teacher training programs and accreditation pathways. By combining a scalable digital infrastructure with a focus on instructional excellence, 51Talk Online Education Group positions itself as a leading player in the global online English education market.