What is 51Talk Online Education Group's operating income?

51Talk Online Education Group's total operating income in 2025 was -$14.43 million, based on the following breakdown: Total Gross Profit: $70.66 million Total Operating Expenses: $85.09 million

51Talk Online Education Group (COE) Financials

$17.27 +0.45 (+2.68%)

Closing price 07/13/2026 04:00 PM Eastern

Extended Trading

$17.22 -0.05 (-0.32%)

As of 07/13/2026 05:47 PM Eastern

Compare

Annual Income Statements for 51Talk Online Education Group

This table shows 51Talk Online Education Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-61	-87	-89	-61	-15	23	19	-43	-15	-7.24	-17
Consolidated Net Income / (Loss)	-50	-74	-89	-61	-15	23	19	-43	-15	-7.32	-17
Net Income / (Loss) Continuing Operations	-50	-74	-89	-61	-15	23	-4.19	-13	-15	-7.32	-17
Total Pre-Tax Income	-49	-74	-88	-60	-14	22	-4.09	-13	-15	-7.05	-16
Total Operating Income	-49	-73	-88	-59	-15	16	-4.59	-12	-14	-8.05	-14
Total Gross Profit	14	39	82	107	149	227	0.66	12	21	40	71
Total Revenue	24	60	130	167	212	316	0.79	15	27	51	96
Operating Revenue	24	60	130	167	212	316	0.79	15	27	51	96
Total Cost of Revenue	9.08	21	48	60	63	89	0.13	3.19	6.32	11	25
Operating Cost of Revenue	9.08	21	48	60	63	89	0.13	3.19	6.32	11	25
Total Operating Expenses	63	112	170	166	165	211	5.25	24	34	48	85
Selling, General & Admin Expense	9.88	24	34	32	28	33	1.69	8.07	7.73	11	17
Marketing Expense	45	67	101	106	114	159	3.43	13	24	33	62
Research & Development Expense	8.31	22	34	27	23	25	0.14	2.87	3.09	3.57	5.48
Total Other Income / (Expense), net	0.00	0.00	-0.87	-1.18	1.18	5.91	0.50	-0.43	-1.25	1.00	-1.19
Interest & Investment Income	-	-	1.05	1.33	2.53	5.92	0.28	0.03	0.17	0.23	0.36
Other Income / (Expense), net	-	-	0.00	-1.07	0.00	-	0.22	-0.45	-1.42	0.77	-1.55
Income Tax Expense	0.75	0.23	0.67	0.56	0.73	-0.63	0.10	0.06	0.12	0.28	1.24
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	-	-	-	-	-	0.00	0.00	-0.09	-0.05
Basic Earnings per Share	($89.12)	($3.03)	($30.88)	($1.37)	($0.34)	$0.46	-	-	($0.04)	($0.02)	($0.05)
Weighted Average Basic Shares Outstanding	72.27M	199.04M	301.61M	304.54M	308.36M	319.55M	328.48M	335.64M	341.07M	347.12M	355.00M
Diluted Earnings per Share	($89.12)	($3.03)	($30.88)	($1.37)	($0.34)	$0.43	-	-	($0.04)	($0.02)	($0.05)
Weighted Average Diluted Shares Outstanding	72.27M	199.04M	301.61M	304.54M	308.36M	341.50M	328.48M	335.64M	341.07M	347.12M	355.00M
Weighted Average Basic & Diluted Shares Outstanding	72.27M	199.04M	301.61M	304.54M	44.64M	649.37M	671.07M	682.07M	687.55M	706.14M	726.41M

No quarterly income statements for 51Talk Online Education Group are available.

This table details how cash moves in and out of 51Talk Online Education Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-25	33	6.93	14	-10	42	37	-23	3.11	6.46	11
Net Cash From Operating Activities	-16	4.12	8.45	4.33	57	104	-105	-46	0.56	5.83	12
Net Cash From Continuing Operating Activities	-16	4.12	8.45	4.33	57	0.00	-4.98	1.93	0.56	5.83	12
Net Income / (Loss) Continuing Operations	-50	-74	-89	-61	-15	0.00	-4.19	-13	-15	-7.32	-17
Consolidated Net Income / (Loss)	-50	-74	-89	-61	-15	21	19	-43	-15	-7.32	-17
Depreciation Expense	1.13	2.38	4.45	4.80	3.82	0.00	0.10	0.10	0.10	0.14	0.43
Non-Cash Adjustments To Reconcile Net Income	0.14	7.15	85	75	66	0.00	2.23	14	17	15	34
Changes in Operating Assets and Liabilities, net	33	68	8.61	-15	2.24	0.00	-3.12	0.48	-1.37	-2.38	-5.37
Net Cash From Investing Activities	-29	-36	1.65	-0.71	-59	-106	98	2.51	2.45	0.47	-0.95
Net Cash From Continuing Investing Activities	-29	-36	1.65	-0.71	-59	0.00	5.65	-7.64	2.45	0.47	-0.95
Purchase of Property, Plant & Equipment	-3.85	-5.32	-5.43	-2.56	-1.38	0.00	0.00	-0.01	-0.29	-0.31	-2.29
Other Investing Activities, net	-25	-30	24	7.53	-13	0.00	5.76	-7.74	2.74	0.78	1.34
Net Cash From Financing Activities	19	61	0.04	9.96	-7.83	1.29	-2.35	20	0.00	0.24	0.22
Net Cash From Continuing Financing Activities	19	61	0.04	9.96	-7.83	0.00	24	0.00	0.00	0.24	0.22
Issuance of Common Equity	0.00	61	-	0.00	0.00	0.00	24	0.00	0.00	0.24	0.00
Other Financing Activities, net	0.00	0.01	0.04	0.23	0.62	0.00	0.01	-	0.00	0.00	0.22
Effect of Exchange Rate Changes	1.28	3.86	-3.22	-0.03	-0.10	-	-	-0.71	0.10	-0.08	0.03
Cash Income Taxes Paid	0.22	0.06	0.00	1.53	0.26	0.00	0.08	0.06	0.04	0.21	0.10

No quarterly cash flow statements for 51Talk Online Education Group are available.

This table presents 51Talk Online Education Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	44	111	120	147	201	340	187	28	31	44	66
Total Current Assets	39	102	109	139	171	249	151	27	30	40	60
Cash & Equivalents	7.14	39	49	60	49	50	25	18	21	28	39
Short-Term Investments	-	0.00	15	20	65	78	6.50	4.87	2.09	1.43	0.09
Prepaid Expenses	6.41	9.43	13	35	36	46	2.53	3.51	6.39	11	21
Plant, Property, & Equipment, net	3.81	5.96	7.52	5.14	2.92	3.26	0.15	0.03	0.14	0.36	2.00
Total Noncurrent Assets	1.59	3.03	4.02	2.95	27	88	36	1.04	1.24	3.49	3.70
Intangible Assets	0.40	0.66	1.49	1.72	1.42	3.12	0.12	0.10	0.09	0.08	0.07
Noncurrent Deferred & Refundable Income Taxes	-	-	-	-	0.05	1.58	0.04	0.00	0.07	0.06	0.08
Other Noncurrent Operating Assets	0.55	0.77	0.85	0.62	25	82	13	0.94	1.07	3.35	3.55
Total Liabilities & Shareholders' Equity	44	111	120	147	201	340	187	28	31	44	66
Total Liabilities	58	125	223	287	352	473	300	21	39	59	97
Total Current Liabilities	56	120	219	274	347	464	297	21	39	57	95
Accrued Expenses	13	24	34	29	24	36	3.17	4.34	6.19	6.64	12
Current Deferred Revenue	40	94	181	243	313	418	2.87	15	27	45	77
Current Deferred & Payable Income Tax Liabilities	3.09	2.71	3.83	2.46	3.11	2.97	0.10	0.19	1.06	1.10	1.23
Other Current Liabilities	-	-	-	0.00	4.53	6.61	0.82	0.82	4.67	4.10	5.10
Total Noncurrent Liabilities	1.34	5.14	4.23	13	4.30	8.98	3.45	0.55	0.22	1.75	1.99
Noncurrent Deferred & Payable Income Tax Liabilities	0.06	0.03	0.02	-	-	-	0.00	0.08	-	0.00	0.45
Other Noncurrent Operating Liabilities	0.10	0.28	0.34	0.12	3.61	8.63	1.02	0.46	0.22	1.75	1.54
Commitments & Contingencies	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-86	-14	-103	-140	-150	-133	-113	6.58	-8.19	-15	-31
Total Preferred & Common Equity	-86	-14	-103	-140	-150	-133	-113	6.58	-8.34	-15	-31
Total Common Equity	-86	-14	-103	-140	-150	-133	-113	6.58	-8.34	-15	-31
Common Stock	0.01	149	165	161	162	184	188	337	338	339	341
Retained Earnings	-87	-168	-269	-305	-316	-316	-289	-331	-346	-354	-370
Accumulated Other Comprehensive Income / (Loss)	0.71	4.64	1.18	3.58	4.30	1.37	-6.05	0.30	-0.33	-0.69	-1.94
Other Equity Adjustments	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00
Noncontrolling Interest	-	-	-	-	-	-	-	0.00	0.15	0.29	0.10

No quarterly balance sheets for 51Talk Online Education Group are available.

This table displays calculated financial ratios and metrics derived from 51Talk Online Education Group's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	601,666,248.00	605,428,518.00	611,835,048.00	624,102,348.00	649,373,628.00	671,071,552.00	682,065,069.00	687,549,069.00	706,143,249.00	726,408,429.00
DEI Adjusted Shares Outstanding	-	150,416,562.00	151,357,130.00	152,958,762.00	156,025,587.00	162,343,407.00	167,767,888.00	682,065,069.00	687,549,069.00	706,143,249.00	726,408,429.00
DEI Earnings Per Adjusted Shares Outstanding	-	-0.58	-0.59	-0.40	-0.10	0.14	0.11	-0.06	-0.02	-0.01	-0.02
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	361.02%	154.69%	116.95%	28.14%	27.32%	48.83%	-99.75%	1,809.64%	80.16%	86.98%	88.59%
EBITDA Growth	-668.67%	-48.45%	28.37%	33.63%	78.94%	238.22%	-126.62%	-197.19%	-17.88%	52.35%	-117.71%
EBIT Growth	-451.07%	-49.87%	26.11%	63.05%	149.28%	204.00%	-127.23%	-192.96%	-17.70%	51.75%	-119.57%
NOPAT Growth	-225.54%	-93.23%	-38.32%	65.50%	148.36%	252.84%	-119.46%	-169.12%	-10.56%	41.11%	-79.33%
Net Income Growth	-613.56%	-48.23%	-20.74%	31.95%	151.31%	250.77%	-17.10%	-327.11%	64.68%	51.29%	-130.24%
EPS Growth	-5,111.70%	96.60%	-881.73%	191.13%	171.71%	226.47%	0.00%	0.00%	0.00%	50.00%	-150.00%
Operating Cash Flow Growth	-537.03%	126.01%	105.17%	-48.71%	1,218.07%	82.35%	-200.81%	56.49%	101.22%	943.29%	102.57%
Free Cash Flow Firm Growth	0.00%	-21.61%	812.53%	-197.54%	12,651.26%	-60.50%	-1,772.10%	105.70%	-64.39%	20.83%	142.45%
Invested Capital Growth	0.00%	-187.80%	-414.25%	-24.90%	-45.93%	0.08%	102.94%	-313.71%	-91.61%	-39.01%	-59.94%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	61.42%	129.64%	125.91%	128.26%	210.74%	71.74%	83.50%	78.77%	76.68%	77.98%	73.91%
EBITDA Margin	-203.26%	-118.47%	-127.78%	-33.09%	-10.95%	5.08%	-542.64%	-84.45%	-55.25%	-14.08%	-16.26%
Operating Margin	-208.07%	-122.44%	-134.62%	-70.65%	-14.55%	5.08%	-582.74%	-82.12%	-50.40%	-15.87%	-15.09%
EBIT Margin	-208.07%	-244.87%	-134.62%	-71.94%	-14.55%	5.08%	-554.95%	-85.13%	-55.62%	-14.35%	-16.71%
Profit (Net Income) Margin	-211.47%	-246.14%	-136.98%	-72.75%	-14.13%	7.15%	2,377.92%	-282.80%	-55.45%	-14.44%	-17.63%
Tax Burden Percent	203.04%	100.31%	201.51%	201.88%	210.20%	102.87%	-458.03%	332.88%	100.79%	103.92%	107.95%
Interest Burden Percent	100.11%	200.40%	201.99%	200.37%	184.75%	136.82%	93.55%	99.79%	98.91%	96.85%	97.76%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	-2.87%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	378.94%	1,662.66%	305.26%	49.98%	20.65%	-15.94%	-15.19%	79.65%	1,862.70%	63.94%	73.35%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-3,538.52%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-110.39%	-188.12%	-148.47%	-89.74%	-17.73%	5.94%	-1.66%	-11.93%	-51.30%	-19.37%	-29.03%
Return on Assets (ROA)	-112.19%	-189.09%	-77.02%	-90.75%	-17.22%	8.35%	7.11%	-39.64%	-51.14%	-19.50%	-30.64%
Return on Common Equity (ROCE)	5,040.25%	8,173.58%	305.26%	99.97%	20.65%	-15.94%	-15.19%	79.65%	2,034.66%	65.16%	73.98%
Return on Equity Simple (ROE_SIMPLE)	177.18%	1,061.72%	86.90%	86.60%	9.98%	-16.95%	-16.52%	-647.04%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-34	-51	-61	-41	-11	17	-3.21	-8.65	-9.56	-5.63	-10
NOPAT Margin	-145.65%	-85.71%	-47.12%	-24.73%	-5.09%	5.23%	-407.92%	-57.49%	-35.28%	-11.11%	-10.57%
Net Nonoperating Expense Percent (NNEP)	-434.73%	-155.15%	-52.47%	-49.17%	-4.60%	5.06%	586.59%	69.14%	-23.54%	-6.43%	-19.83%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-131.53%	116.76%	38.28%	32.32%
Cost of Revenue to Revenue	38.58%	35.18%	74.09%	35.87%	29.75%	28.26%	16.50%	21.23%	23.32%	22.02%	26.09%
SG&A Expenses to Revenue	41.96%	79.21%	52.92%	38.94%	39.78%	10.43%	213.83%	53.62%	28.50%	20.94%	18.10%
R&D to Revenue	35.30%	36.51%	52.64%	16.15%	21.31%	7.93%	17.13%	19.04%	11.39%	7.04%	5.73%
Operating Expenses to Revenue	269.49%	374.51%	260.54%	198.91%	155.04%	66.66%	666.24%	160.90%	127.08%	93.85%	89.00%
Earnings before Interest and Taxes (EBIT)	-49	-73	-88	-60	-15	16	-4.37	-13	-15	-7.28	-16
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-48	-71	-83	-55	-12	16	-4.28	-13	-15	-7.14	-16
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	10.71	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	10.89	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	32.83	14.94	30.52	3.57	66.48	4.68	13.47	18.54	15.72
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	49.90	2.80	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	2.00%	35.77%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	2.76	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	31.82	1.33	29.38	3.16	27.00	3.15	12.61	17.97	15.32
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	62.22	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	62.22	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	60.49	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	51.57	556.10	109.14	9.59	0.00	0.00	611.70	156.16	123.94
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	79.62	344.43	6.99	61.23	0.00	3.05	61.78	136.18	90.31
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	-0.07	-0.05	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	-0.07	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	3.02	4.40	2.07	0.56	0.63	0.85	0.03	-0.92	28.78	2.30	1.48
Leverage Ratio	-6.76	-17.04	-3.96	-2.20	-2.40	-1.91	-2.14	-2.01	-36.43	-3.28	-2.39
Compound Leverage Factor	-6.76	-5.70	-4.00	-2.21	-2.22	-2.61	-2.00	-2.01	-36.03	-3.18	-2.34
Debt to Total Capital	0.00%	0.00%	0.00%	-15.45%	-3.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	-1.61%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	-15.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	-1,664.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-1.82%	-1.96%	-0.33%
Common Equity to Total Capital	1,309.77%	300.00%	300.00%	107.73%	203.22%	100.00%	100.00%	100.00%	101.82%	101.96%	100.33%
Debt to EBITDA	0.00	0.00	0.00	-0.18	-0.20	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	2.96	32.45	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	-0.18	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	-0.49	-0.44	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	1.70	22.62	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	-0.49	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	0.00	10.85	5.00	-3.23	6.25	0.46	-3.06	-15.49	-11.08	-1.51	1.43
Noncontrolling Interest Sharing Ratio	-1,109.77%	-532.98%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-9.23%	-1.91%	-0.85%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.69	1.70	0.99	1.01	0.98	0.54	0.51	1.30	0.76	0.70	0.63
Quick Ratio	0.71	0.66	0.73	0.67	0.72	0.28	0.10	1.12	0.60	0.51	0.41
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-14	-17	52	0.64	41	16	-273	16	5.53	6.69	16
Operating Cash Flow to CapEx	-1,233.05%	154.88%	311.22%	338.32%	4,186.12%	0.00%	0.00%	0.00%	194.77%	1,893.51%	515.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	118.22	0.44	77.51	1,607.72	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	8.78	3.00	84.21	10,263.27	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	3.14	2.45	82.20	10,263.27	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.53	1.58	1.12	1.25	2.45	1.17	0.00	0.14	0.92	1.35	1.74
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	522.31	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	6.18	25.07	38.61	26.33	105.32	102.30	0.46	173.97	332.65	202.36	80.98
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.70	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	0.00	0.00	0.70	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-20	-55	-168	-210	-262	-262	7.71	-16	-32	-44	-70
Invested Capital Turnover	-2.32	-1.60	-2.16	-1.65	-0.90	-1.21	-0.01	-3.43	-1.13	-1.34	-1.68
Increase / (Decrease) in Invested Capital	-20	-34	-114	-42	-52	0.20	270	-24	-15	-12	-26
Enterprise Value (EV)	0.00	0.00	436	221	289	999	21	47	342	911	1,464
Market Capitalization	0.00	0.00	501	291	401	1,128	52	70	365	940	1,503
Book Value per Share	($1.19)	($0.07)	($0.17)	($0.23)	($0.25)	($0.21)	($0.17)	$0.01	($0.01)	($0.02)	($0.04)
Tangible Book Value per Share	($1.21)	($0.08)	($0.17)	($0.24)	($0.25)	($0.22)	($0.17)	$0.01	($0.01)	($0.02)	($0.04)
Total Capital	-13	-14	-103	-130	-148	-133	-113	6.58	-8.19	-15	-31
Total Debt	0.00	0.00	0.00	10	2.38	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	10	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-7.14	-40	-66	-70	-112	-129	-31	-23	-23	-29	-39
Capital Expenditures (CapEx)	3.85	5.32	5.43	2.56	1.36	0.00	-0.00	-0.10	0.29	0.31	2.29
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-24	-57	-174	-215	-288	-344	-177	-17	-33	-46	-74
Debt-free Net Working Capital (DFNWC)	-17	-18	-110	-136	-174	-215	-146	6.06	-9.35	-17	-35
Net Working Capital (NWC)	-17	-18	-110	-136	-176	-215	-146	6.06	-9.35	-17	-35
Net Nonoperating Expense (NNE)	15	22	28	19	4.18	-6.08	-22	34	5.47	1.69	6.76
Net Nonoperating Obligations (NNO)	-7.14	-40	-66	-70	-112	-129	121	-23	-23	-29	-39
Total Depreciation and Amortization (D&A)	1.13	2.38	4.45	4.80	3.82	0.00	0.10	0.10	0.10	0.14	0.43
Debt-free, Cash-free Net Working Capital to Revenue	-103.34%	-187.53%	-402.15%	-129.24%	-271.54%	-108.89%	-22,449.62%	-112.98%	-120.75%	-90.74%	-77.32%
Debt-free Net Working Capital to Revenue	-73.04%	-58.97%	-84.43%	-162.49%	-163.25%	-68.18%	-18,501.65%	40.25%	-34.48%	-33.16%	-36.57%
Net Working Capital to Revenue	-73.04%	-87.79%	-253.30%	-81.27%	-247.90%	-68.18%	-18,501.65%	40.25%	-34.48%	-33.16%	-36.57%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	($1.76)	($19.20)	($83.00)	($3.12)	$1.84	$1.48	$0.00	$0.00	$0.00	($0.05)
Adjusted Weighted Average Basic Shares Outstanding	0.00	150.42M	151.36M	152.96M	156.03M	79.89M	82.12M	335.64M	341.07M	347.12M	355.00M
Adjusted Diluted Earnings per Share	$0.00	($1.76)	($19.20)	($83.00)	($3.12)	$1.72	$1.40	$0.00	$0.00	$0.00	($0.05)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	150.42M	151.36M	152.96M	156.03M	85.38M	84.98M	335.64M	341.07M	347.12M	355.00M
Adjusted Basic & Diluted Earnings per Share	$0.00	($1.76)	($19.20)	($83.00)	($3.12)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	49.76M	75.40M	76.14M	77.09M	162.34M	167.77M	682.07M	687.55M	706.14M	726.41M
Normalized Net Operating Profit after Tax (NOPAT)	-34	-51	-61	-41	-11	11	-3.21	-8.65	-9.56	-5.63	-10
Normalized NOPAT Margin	-145.65%	-85.71%	-94.24%	-49.01%	-10.18%	3.56%	-407.92%	-57.49%	-35.28%	-11.11%	-10.57%
Pre Tax Income Margin	-208.30%	-122.68%	-67.98%	-36.04%	-13.44%	6.95%	-519.16%	-84.95%	-55.01%	-13.90%	-16.33%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	-45.51	-41.47	-11.38	1,582.11	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	-63.71	-57.02	-15.93	1,627.52	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	-145.00	-43.24	-24.77	1,582.11	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	-69.36	-60.56	-17.94	1,627.52	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	-17.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

No quarterly metrics and ratios for 51Talk Online Education Group are available.

Financials Breakdown Chart

51Talk Online Education Group Financials - Frequently Asked Questions

According to the most recent income statement we have on file, 51Talk Online Education Group's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

51Talk Online Education Group's net income appears to be on a downward trend, with a most recent value of -$16.86 million in 2025, falling from -$49.80 million in 2015. The previous period was -$7.32 million in 2024.

51Talk Online Education Group's total operating income in 2025 was -$14.43 million, based on the following breakdown:

Total Gross Profit: $70.66 million
Total Operating Expenses: $85.09 million

Over the last 10 years, 51Talk Online Education Group's total revenue changed from $23.55 million in 2015 to $95.60 million in 2025, a change of 306.0%.

51Talk Online Education Group's total liabilities were at $97.35 million at the end of 2025, a 66.0% increase from 2024, and a 69.2% increase since 2015.

In the past 10 years, 51Talk Online Education Group's cash and equivalents has ranged from $7.14 million in 2015 to $60.13 million in 2018, and is currently $38.87 million as of their latest financial filing in 2025.

Over the last 10 years, 51Talk Online Education Group's book value per share changed from -1.19 in 2015 to -0.04 in 2025, a change of -96.3%.

Related Companies

Financial statements for NYSE:COE last updated on 7/10/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

51Talk Online Education Group (COE) Financials

Financials Breakdown Chart

51Talk Online Education Group Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

51Talk Online Education Group (COE) Financials

Annual Income Statements for 51Talk Online Education Group

Quarterly Income Statements for 51Talk Online Education Group

Annual Cash Flow Statements for 51Talk Online Education Group

Quarterly Cash Flow Statements for 51Talk Online Education Group

Annual Balance Sheets for 51Talk Online Education Group

Quarterly Balance Sheets for 51Talk Online Education Group

Annual Metrics And Ratios for 51Talk Online Education Group

Quarterly Metrics And Ratios for 51Talk Online Education Group

Financials Breakdown Chart

51Talk Online Education Group Financials - Frequently Asked Questions

When does 51Talk Online Education Group's financial year end?

How has 51Talk Online Education Group's net income changed over the last 10 years?

What is 51Talk Online Education Group's operating income?

How has 51Talk Online Education Group's revenue changed over the last 10 years?

How much debt does 51Talk Online Education Group have?

How much cash does 51Talk Online Education Group have?

How has 51Talk Online Education Group's book value per share changed over the last 10 years?

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools