Reported Earnings • Apr 27
Full year 2025 earnings released: US$2.84 loss per share (vs US$1.25 loss in FY 2024) Full year 2025 results: US$2.84 loss per share (further deteriorated from US$1.25 loss in FY 2024). Revenue: US$95.6m (up 89% from FY 2024). Net loss: US$16.8m (loss widened 132% from FY 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Apr 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$31m). Earnings have declined by 38% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Buy Or Sell Opportunity • Apr 17
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to US$24.04. The fair value is estimated to be US$30.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 57% over the last 3 years. Earnings per share has grown by 9.1%. Reported Earnings • Mar 29
Full year 2025 earnings released: US$2.84 loss per share (vs US$1.25 loss in FY 2024) Full year 2025 results: US$2.84 loss per share (further deteriorated from US$1.25 loss in FY 2024). Revenue: US$95.6m (up 89% from FY 2024). Net loss: US$16.8m (loss widened 132% from FY 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Mar 27
51Talk Online Education Group Provides Earnings Guidance for the First Quarter of 2026 51Talk Online Education Group provided earnings guidance for the first quarter of 2026. For the quarter, the Company currently expected net gross billings to be between USD 29.0 million and USD 31.0 million, which would represent a sequential decrease of 15.7% to 21.2% and an increase of approximately 32.2% to 41.4% from the same quarter in 2025. Annonce • Mar 25
51Talk Online Education Group to Report Q4, 2025 Results on Mar 27, 2026 51Talk Online Education Group announced that they will report Q4, 2025 results Pre-Market on Mar 27, 2026 New Risk • Mar 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$97.4m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$24m). Earnings have declined by 43% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$97.4m market cap). Annonce • Mar 16
51Talk Launches Comprehensive Brand Refresh and Debuts New Character Toki 51Talk celebrated its 15th anniversary. The global one-on-one online English learning platform is entering a new stage of international growth with the launch of a comprehensive brand refresh. For learners and parents, the upgrade introduces a clearer and more intuitive visual identity, along with warmer, more engaging product interfaces designed to encourage active participation. Simplified layouts and IP-guided interactions across lessons aim to create a more supportive, interactive, and personalized learning experience for children. The refreshed global visual identity system is designed to deliver greater clarity, consistency, and cohesion across the company's brand identity. The upgrade aligns brand visuals, product interfaces, and communication touchpoints, creating a seamless and intuitive experience for families worldwide. At the heart of the refresh is Toki, 51Talk's new brand character and learning companion. More than a visual mascot, Toki embodies curiosity, confidence, and the courage to communicate. Integrated across product interfaces, online classrooms, and brand touchpoints, Toki helps create a warmer and more engaging learning environment for young learners. By guiding children through lessons and encouraging participation, Toki reinforces a sense of companionship throughout their English learning journey. The introduction of Toki reflects 51Talk's belief that effective one-on-one online English education combines a structured curriculum with emotional connection, enabling children not only to learn English but also to use it confidently in real-world communication. Through its one-on-one live online learning model, 51Talk ensures real-time interaction between teachers and students, emphasizing personalized guidance, immediate feedback, and meaningful communication as essential elements of effective language learning. Buy Or Sell Opportunity • Mar 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 34% to US$24.08. The fair value is estimated to be US$30.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 98% over the last 3 years. Earnings per share has grown by 27%. New Risk • Dec 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$24m). Earnings have declined by 43% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Dec 09
Third quarter 2025 earnings released: US$0.80 loss per share (vs US$0.11 loss in 3Q 2024) Third quarter 2025 results: US$0.80 loss per share (further deteriorated from US$0.11 loss in 3Q 2024). Revenue: US$26.3m (up 88% from 3Q 2024). Net loss: US$4.76m (loss widened US$4.12m from 3Q 2024). Revenue is forecast to grow 57% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Consumer Services industry in the US. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Dec 08
51Talk Online Education Group (NYSEAM:COE) announces an Equity Buyback for $10 million worth of its shares. 51Talk Online Education Group (NYSEAM:COE) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. The Company expects to fund the repurchases out of its existing cash balance. The program will be valid till December 7, 2026. Buy Or Sell Opportunity • Dec 04
Now 34% overvalued Over the last 90 days, the stock has fallen 14% to US$41.21. The fair value is estimated to be US$30.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years, while earnings per share has been flat. Annonce • Dec 04
51Talk Online Education Group to Report Q3, 2025 Results on Dec 08, 2025 51Talk Online Education Group announced that they will report Q3, 2025 results Pre-Market on Dec 08, 2025 Buy Or Sell Opportunity • Oct 13
Now 32% overvalued after recent price rise Over the last 90 days, the stock has risen 46% to US$42.34. The fair value is estimated to be US$32.10, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 43% over the last 3 years, while earnings per share has been flat. Reported Earnings • Sep 03
Second quarter 2025 earnings released: US$0.52 loss per share (vs US$0.22 loss in 2Q 2024) Second quarter 2025 results: US$0.52 loss per share (further deteriorated from US$0.22 loss in 2Q 2024). Revenue: US$20.4m (up 86% from 2Q 2024). Net loss: US$3.05m (loss widened 144% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 73% per year, which means it is well ahead of earnings. Annonce • Sep 03
51Talk Online Education Group Provides Earnings Guidance for the Third Quarter of 2025 51Talk Online Education Group provided earnings guidance for the third quarter of 2025. For the quarter, the Company currently expects net gross billings to be between USD 36.5 million and USD 37.5 million, which would represent a sequential growth of 28.1% to 31.6% and an increase of approximately 84.6% to 89.7% from the same quarter last year. Annonce • Aug 29
51Talk Online Education Group to Report Q2, 2025 Results on Sep 03, 2025 51Talk Online Education Group announced that they will report Q2, 2025 results Pre-Market on Sep 03, 2025 Buy Or Sell Opportunity • Aug 28
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 83% to US$36.20. The fair value is estimated to be US$30.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 15%. Annonce • Jun 10
51Talk Online Education Group Provides Earnings Guidance for the Second Quarter of 2025 51Talk Online Education Group provided earnings guidance for the Second Quarter of 2025. For the quarter, the Company currently expects net gross billings to be between USD 24.5 million and USD 25.5 million,which would represent a sequential growth of 11.7% to 16.3% and an increase of approximately 54.4% to 60.7% from the same quarter last year. Reported Earnings • Jun 09
First quarter 2025 earnings released: US$0.25 loss per share (vs US$0.65 loss in 1Q 2024) First quarter 2025 results: US$0.25 loss per share (improved from US$0.65 loss in 1Q 2024). Revenue: US$18.2m (up 93% from 1Q 2024). Net loss: US$1.47m (loss narrowed 61% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 77% per year, which means it is well ahead of earnings. Annonce • Jun 05
51Talk Online Education Group to Report Q1, 2025 Results on Jun 09, 2025 51Talk Online Education Group announced that they will report Q1, 2025 results Pre-Market on Jun 09, 2025 New Risk • Apr 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$15m). Earnings have declined by 41% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$96.0m market cap). Reported Earnings • Apr 28
Full year 2024 earnings released: US$1.25 loss per share (vs US$2.64 loss in FY 2023) Full year 2024 results: US$1.25 loss per share (improved from US$2.64 loss in FY 2023). Revenue: US$50.7m (up 87% from FY 2023). Net loss: US$7.24m (loss narrowed 52% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 38% per year, which means it is well ahead of earnings. New Risk • Apr 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$98.2m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$15m). Earnings have declined by 41% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$98.2m market cap). Reported Earnings • Mar 21
Full year 2024 earnings released: US$1.25 loss per share (vs US$2.75 loss in FY 2023) Full year 2024 results: US$1.25 loss per share (improved from US$2.75 loss in FY 2023). Revenue: US$50.7m (up 87% from FY 2023). Net loss: US$7.24m (loss narrowed 52% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings. Annonce • Mar 21
51Talk Online Education Group Provides Earnings Guidance for the First Quarter of 2025 51Talk Online Education Group provided earnings guidance for the first quarter of 2025. For the first quarter of 2025, the company currently expects net gross billings to be between USD 21.5 million and USD 22.0 million, which would represent a sequential growth of 0.5% to 2.9% and an increase of approximately 71.2% to 75.2% from the same quarter last year. Annonce • Mar 19
51Talk Online Education Group to Report Q4, 2024 Results on Mar 21, 2025 51Talk Online Education Group announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Mar 21, 2025 New Risk • Mar 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$96.2m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$13m). Earnings have declined by 22% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$96.2m market cap). New Risk • Feb 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$13m). Earnings have declined by 22% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Dec 15
Third quarter 2024 earnings released: US$0.11 loss per share (vs US$0.68 loss in 3Q 2023) Third quarter 2024 results: US$0.11 loss per share (improved from US$0.68 loss in 3Q 2023). Revenue: US$14.0m (up 79% from 3Q 2023). Net loss: US$633.0k (loss narrowed 84% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings. Annonce • Dec 14
51Talk Online Education Group Provides Earnings Guidance for the Fourth Quarter of 2024 51Talk Online Education Group provided earnings guidance for the fourth quarter of 2024. For the period, the company expects net gross billings to be between $20.5 million and $21.0 million, which would represent a sequential growth of 3.7% to 6.2%. New Risk • Dec 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$13m). Earnings have declined by 1.5% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Annonce • Dec 12
51Talk Online Education Group to Report Q3, 2024 Results on Dec 13, 2024 51Talk Online Education Group announced that they will report Q3, 2024 results Pre-Market on Dec 13, 2024 New Risk • Aug 25
New major risk - Revenue and earnings growth Earnings have declined by 1.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Negative equity (-US$13m). Earnings have declined by 1.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (US$83.5m market cap). Reported Earnings • Aug 25
Second quarter 2024 earnings released: US$0.22 loss per share (vs US$0.51 loss in 2Q 2023) Second quarter 2024 results: US$0.22 loss per share (improved from US$0.51 loss in 2Q 2023). Revenue: US$11.0m (up 75% from 2Q 2023). Net loss: US$1.25m (loss narrowed 57% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Annonce • Aug 23
51Talk Online Education Group Provides Earnings Guidance for the Third Quarter of 2024 51Talk Online Education Group provided earnings guidance for the third quarter of 2024. For the period, the company expects net gross billings to be between $17.0 million and $18.0 million, which would represent a sequential growth of 7.2% to 13.5%. Annonce • Aug 22
51Talk Online Education Group to Report Q2, 2024 Results on Aug 23, 2024 51Talk Online Education Group announced that they will report Q2, 2024 results Pre-Market on Aug 23, 2024 New Risk • Jun 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Negative equity (-US$12m). Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$100m (US$44.3m market cap). Reported Earnings • Jun 14
First quarter 2024 earnings released: US$0.65 loss per share (vs US$0.42 loss in 1Q 2023) First quarter 2024 results: US$0.65 loss per share (further deteriorated from US$0.42 loss in 1Q 2023). Revenue: US$9.45m (up 70% from 1Q 2023). Net loss: US$3.72m (loss widened 55% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Annonce • Jun 13
51Talk Online Education Group Provides Earnings Guidance for the Second Quarter of 2024 51Talk Online Education Group provided earnings guidance for the second quarter of 2024. For the period, the company expects net gross billings to be between $13.5 million and $14.0 million, which would represent a sequential growth of 7.5% to 11.5%. Annonce • May 31
51Talk Online Education Group Announces Change to Board Composition 51Talk Online Education Group announced that its board of directors has appointed Mr. Jimmy Lai as an independent director, effective June 1, 2024. Mr. Jimmy Lai will also serve as a member and chairman of the audit committee of the Board, a member of the compensation committee of the Board, and a member of the nominating and corporate governance committee of the Board. Effective May 31, 2024, Mr. Shengwen (Roy) Rong resigned as a director of the Company for personal reasons and stepped down as a member and chairman of the audit committee of the Board, a member of the compensation committee of the Board, and a member of the nominating and corporate governance committee of the Board. The resignation of Mr. Shengwen (Roy) Rong did not result from any dispute or disagreement with the Company or the Board on any matter relating to the Company's operations, policies or practices. Mr. Lai currently serves as the chief financial officer of Kneron, a leading provider of full stack edge AI solutions company. Mr. Lai also serves as an independent director of several NYSE-listed companies, including Zepp Corporation and FinVolution Group. Mr. Lai served as the chief financial officer of 51Talk from June 2015 to December 2018. Prior to joining 51Talk in 2015, Mr. Lai served as the chief financial officer for several companies, including Chukong Technologies Corp., a leading mobile entertainment platform company in China, from 2013 to 2015, Gamewave Corporation, a leading webgame company in China, from 2011 to 2013, Daqo New Energy Corp., an NYSE-listed company and a leading polysilicon manufacturer based in China, from 2009 to 2011, Linktone Ltd., a Nasdaq-listed company and a leading provider of wireless interactive entertainment services to consumers in China, from 2008 to 2009 and Palm Commerce Holdings, a leading information technology solution provider for the China lottery industry, from 2006 to 2008. Prior to that, Mr. Lai served as an associate vice president of investor relations at Semiconductor Manufacturing International Corporation, a company listed on the NYSE and the Main Board of the Hong Kong Stock Exchange, from 2002 to 2006, and as a controller and director of financial planning at AMX Corporation from 1997 to 2001. Mr. Lai received his MBA from the University of Texas at Dallas and his bachelor's degree in statistics from the National Cheng Kung University in Taiwan. Mr. Lai is a certified public accountant licensed in the State of Texas. Reported Earnings • Mar 24
Full year 2023 earnings released: US$2.46 loss per share (vs US$2.30 loss in FY 2022) Full year 2023 results: US$2.46 loss per share (further deteriorated from US$2.30 loss in FY 2022). Revenue: US$27.3m (up 81% from FY 2022). Net loss: US$14.0m (loss widened 8.8% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance. Annonce • Mar 23
51Talk Online Education Group Provides Earnings Guidance for the First Quarter of 2024 51Talk Online Education Group provided earnings guidance for the first quarter of 2024. For the period, the company expects net gross billings to be between USD 11.5 million and USD 12.0 million,which would represent a sequential growth of 3.6% to 8.1% and an increase of approximately 43.8% to 50.0% from the same quarter last year. Annonce • Mar 21
51Talk Online Education Group to Report Q4, 2023 Results on Mar 22, 2024 51Talk Online Education Group announced that they will report Q4, 2023 results Pre-Market on Mar 22, 2024 New Risk • Dec 19
New major risk - Negative shareholders equity The company has negative equity. Total equity: -US$2.6m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risk Negative equity (-US$2.6m). Minor Risk Market cap is less than US$100m (US$44.0m market cap). Reported Earnings • Dec 19
Third quarter 2023 earnings released: US$0.68 loss per share (vs US$0.43 loss in 3Q 2022) Third quarter 2023 results: US$0.68 loss per share (further deteriorated from US$0.43 loss in 3Q 2022). Revenue: US$7.83m (up 62% from 3Q 2022). Net loss: US$3.86m (loss widened 61% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance. Annonce • Dec 14
51Talk Online Education Group to Report Q3, 2023 Results on Dec 18, 2023 51Talk Online Education Group announced that they will report Q3, 2023 results Pre-Market on Dec 18, 2023 Recent Insider Transactions • Nov 30
Founder recently bought US$296k worth of stock On the 21st of November, Jiajia Huang bought around 38k shares on-market at roughly US$7.88 per share. This transaction amounted to 6.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jiajia has been a buyer over the last 12 months, purchasing a net total of US$724k worth in shares. Reported Earnings • Aug 25
Second quarter 2023 earnings released: US$0.51 loss per share (vs US$0.82 loss in 2Q 2022) Second quarter 2023 results: US$0.51 loss per share (improved from US$0.82 loss in 2Q 2022). Revenue: US$6.26m (up 78% from 2Q 2022). Net loss: US$2.90m (loss narrowed 37% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 37 percentage points per year, which is a significant difference in performance. Annonce • Aug 24
51Talk Online Education Group to Report Q2, 2023 Results on Aug 25, 2023 51Talk Online Education Group announced that they will report Q2, 2023 results Pre-Market on Aug 25, 2023 New Risk • Aug 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-US$46m free cash flow). Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Market cap is less than US$100m (US$43.6m market cap). Reported Earnings • Mar 30
Full year 2022 earnings released: US$2.30 loss per share (vs US$3.47 profit in FY 2021) Full year 2022 results: US$2.30 loss per share (down from US$3.47 profit in FY 2021). Revenue: US$15.0m (down 96% from FY 2021). Net loss: US$12.8m (down 168% from profit in FY 2021). Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment improved over the past week After last week's 309% share price gain to US$6.66, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 18x in the Consumer Services industry in the US. Total loss to shareholders of 6.9% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Roy Rong was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 17% share price gain to US$1.95, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 17x in the Consumer Services industry in the US. Total loss to shareholders of 73% over the past three years. Reported Earnings • Sep 01
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: US$3.53m (down 96% from 2Q 2021). Net loss: US$4.60m (loss widened 10.0% from 2Q 2021). Over the next year, revenue is expected to shrink by 85% compared to a 4.0% growth forecast for the Consumer Services industry in the US. Recent Insider Transactions • Jul 27
Founder recently bought US$937k worth of stock On the 20th of July, Jiajia Huang bought around 631k shares on-market at roughly US$1.48 per share. This was the largest purchase by an insider in the last 3 months. This was Jiajia's only on-market trade for the last 12 months. Reported Earnings • Jun 26
First quarter 2022 earnings released: US$0.95 loss per share (vs US$0.057 profit in 1Q 2021) First quarter 2022 results: US$0.95 loss per share (down from US$0.057 profit in 1Q 2021). Revenue: US$9.51m (down 90% from 1Q 2021). Net loss: US$21.2m (down US$22.4m from profit in 1Q 2021). Over the next year, revenue is expected to shrink by 39% compared to a 6.0% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Roy Rong was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improved over the past week After last week's 24% share price gain to US$1.48, the stock trades at a forward P/E ratio of 1x. Average forward P/E is 18x in the Consumer Services industry in the US. Total loss to shareholders of 75% over the past three years. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment deteriorated over the past week After last week's 19% share price decline to US$1.35, the stock trades at a forward P/E ratio of 1x. Average forward P/E is 15x in the Consumer Services industry in the US. Total loss to shareholders of 81% over the past three years. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improved over the past week After last week's 55% share price gain to US$1.29, the stock trades at a forward P/E ratio of 0x. Average forward P/E is 16x in the Consumer Services industry in the US. Total loss to shareholders of 81% over the past three years. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$1.06, the stock trades at a forward P/E ratio of 1x. Average forward P/E is 18x in the Consumer Services industry in the US. Total loss to shareholders of 85% over the past three years. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment deteriorated over the past week After last week's 27% share price decline to US$1.21, the stock trades at a forward P/E ratio of 1x. Average forward P/E is 17x in the Consumer Services industry in the US. Total loss to shareholders of 85% over the past three years. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$1.90, the stock trades at a forward P/E ratio of 1x. Average forward P/E is 17x in the Consumer Services industry in the US. Total loss to shareholders of 78% over the past three years. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment improved over the past week After last week's 16% share price gain to US$2.70, the stock trades at a forward P/E ratio of 1x. Average forward P/E is 19x in the Consumer Services industry in the US. Total loss to shareholders of 71% over the past three years. Reported Earnings • Sep 30
Second quarter 2021 earnings released The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CN¥579.8m (up 18% from 2Q 2020). Net loss: CN¥27.0m (down 183% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 20
Investor sentiment deteriorated over the past week After last week's 19% share price decline to US$2.61, the stock trades at a forward P/E ratio of 71x. Average forward P/E is 20x in the Consumer Services industry in the US. Total loss to shareholders of 72% over the past three years. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 24% share price gain to US$3.33, the stock trades at a trailing P/E ratio of 4.4x. Average forward P/E is 20x in the Consumer Services industry in the US. Total loss to shareholders of 62% over the past three years. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment deteriorated over the past week After last week's 28% share price decline to CN¥2.15, the stock trades at a trailing P/E ratio of 2.9x. Average forward P/E is 18x in the Consumer Services industry in the US. Total loss to shareholders of 79% over the past three years. Major Estimate Revision • Jul 24
Consensus EPS estimates fall to -CN¥0.46 The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from CN¥2.58b to CN¥2.37b. Losses expected to increase from -CN¥0.35 to -CN¥0.46. Consumer Services industry in the US expected to see average net income growth of 6.8% next year. Consensus price target down from US$32.27 to US$30.52. Share price fell 46% to US$3.80 over the past week. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment deteriorated over the past week After last week's 46% share price decline to CN¥3.80, the stock trades at a forward P/E ratio of 102x. Average forward P/E is 21x in the Consumer Services industry in the US. Total loss to shareholders of 62% over the past three years. Recent Insider Transactions Derivative • Jun 30
Founder notifies of intention to sell stock Jiajia Huang intends to sell 100k shares in the next 90 days after lodging an Intent To Sell Form on the 30th of June. If the sale is conducted around the recent share price of US$8.82, it would amount to US$882k. Since December 2020, Jiajia's direct individual holding has increased from 2.77m shares to 2.78m. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improved over the past week After last week's 31% share price gain to CN¥12.45, the stock trades at a forward P/E ratio of 94x. Average forward P/E is 22x in the Consumer Services industry in the US. Total returns to shareholders of 11% over the past three years. Recent Insider Transactions Derivative • May 31
Co-Founder & Director notifies of intention to sell stock Ting Shu intends to sell 41k shares in the next 90 days after lodging an Intent To Sell Form on the 31st of May. If the sale is conducted around the recent share price of US$18.90, it would amount to US$775k. Since June 2020, Ting's direct individual holding has decreased from 1.17m shares to 1.14m. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Valuation Update With 7 Day Price Move • May 24
Investor sentiment deteriorated over the past week After last week's 32% share price decline to CN¥12.63, the stock trades at a forward P/E ratio of 96x. Average forward P/E is 22x in the Consumer Services industry in the US. Total returns to shareholders of 11% over the past three years. Executive Departure • May 20
Independent Director has left the company On the 11th of May, Chia-Hung Yang's tenure as Independent Director ended after 4.9 years in the role. We don't have any record of a personal shareholding under Chia-Hung's name. Chia-Hung is the only executive to leave the company over the last 12 months. Reported Earnings • May 19
First quarter 2021 earnings released: EPS CN¥0.37 (vs CN¥2.43 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: CN¥600.4m (up 23% from 1Q 2020). Net income: CN¥8.02m (down 84% from 1Q 2020). Profit margin: 1.3% (down from 10% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 06
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥19.13, the stock trades at a forward P/E ratio of 379x. Average forward P/E is 20x in the Consumer Services industry in the US. Total returns to shareholders of 75% over the past three years. Reported Earnings • Mar 07
Full year 2020 earnings released: EPS CN¥6.90 (vs CN¥5.08 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.05b (up 39% from FY 2019). Net income: CN¥147.0m (up CN¥251.4m from FY 2019). Profit margin: 7.2% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Mar 07
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 0.5%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Over the next year, revenue is forecast to grow 21%, compared to a 40% growth forecast for the Consumer Services industry in the US. Recent Insider Transactions Derivative • Dec 31
Co-Founder & COO notifies of intention to sell stock Liming Zhang intends to sell roughly 44.52k shares in the next 90 days after lodging an Intent To Sell Form on the 31st of December. If the sale is conducted around the recent share price of US$27.89, it would amount to US$1.2m. Since March 2020, Liming's direct individual holding has increased from 4.75k shares to 49.05k. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Analyst Estimate Surprise Post Earnings • Nov 25
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 175%. Over the next year, revenue is forecast to grow 125%, compared to a 33% growth forecast for the Consumer Services industry in the US. Is New 90 Day High Low • Nov 16
New 90-day high: US$25.49 The company is up 4.0% from its price of US$24.47 on 18 August 2020. The American market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Services industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$88.18 per share.