Reported Earnings • Jul 31
First quarter 2027 earnings released: EPS: US$0.74 (vs US$0.052 in 1Q 2026) First quarter 2027 results: EPS: US$0.74 (up from US$0.052 in 1Q 2026). Revenue: US$758.4m (up 32% from 1Q 2026). Net income: US$408.0m (up US$376.7m from 1Q 2026). Profit margin: 54% (up from 5.4% in 1Q 2026). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$12.13, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Consumer Services industry in Europe. Total returns to shareholders of 59% over the past three years. Tillkännagivande • Jul 07
TAL Education Group to Report Q1, 2027 Results on Jul 30, 2026 TAL Education Group announced that they will report Q1, 2027 results Pre-Market on Jul 30, 2026 New Risk • Jun 14
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 117% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$626k sold). Recent Insider Transactions • Apr 30
President & CFO recently sold US$626k worth of stock On the 27th of April, Zhuangzhuang Peng sold around 58k shares on-market at roughly US$10.86 per share. This transaction amounted to 56% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Zhuangzhuang's only on-market trade for the last 12 months. Reported Earnings • Apr 24
Full year 2026 earnings released: EPS: US$0.93 (vs US$0.14 in FY 2025) Full year 2026 results: EPS: US$0.93 (up from US$0.14 in FY 2025). Revenue: US$3.01b (up 34% from FY 2025). Net income: US$530.8m (up US$446.2m from FY 2025). Profit margin: 18% (up from 3.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Apr 23
TAL Education Group Transitions Mi Tian from Chief Technology Officer to Senior Vice President, Effective April 22, 2026 TAL Education Group announced that effective April 22, 2026, Mr. Mi Tian has stepped down as Chief Technology Officer and transitioned to Senior Vice President. Mr. Tian will focus on selected technology initiatives in his new capacity. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$12.72, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Consumer Services industry in Europe. Total returns to shareholders of 103% over the past three years. Tillkännagivande • Apr 09
TAL Education Group to Report Q4, 2026 Results on Apr 23, 2026 TAL Education Group announced that they will report Q4, 2026 results Pre-Market on Apr 23, 2026 Reported Earnings • Jan 30
Second quarter 2026 earnings released: EPS: US$0.22 (vs US$0.095 in 2Q 2025) Second quarter 2026 results: EPS: US$0.22 (up from US$0.095 in 2Q 2025). Revenue: US$861.4m (up 39% from 2Q 2025). Net income: US$124.1m (up 116% from 2Q 2025). Profit margin: 14% (up from 9.3% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. New Risk • Jan 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 British stocks, typically moving 7.4% 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. This is currently the only risk that has been identified for the company. Tillkännagivande • Jan 12
TAL Education Group to Report Q3, 2026 Results on Jan 29, 2026 TAL Education Group announced that they will report Q3, 2026 results at 9:30 AM, US Eastern Standard Time on Jan 29, 2026 Tillkännagivande • Oct 31
TAL Education Group, Annual General Meeting, Nov 14, 2025 TAL Education Group, Annual General Meeting, Nov 14, 2025, at 15:00 China Standard Time. Location: tal building no.1, courtyard no. 9, qixin middle street, changping district, beijing., China Reported Earnings • Oct 31
Second quarter 2026 earnings released: EPS: US$0.22 (vs US$0.095 in 2Q 2025) Second quarter 2026 results: EPS: US$0.22 (up from US$0.095 in 2Q 2025). Revenue: US$861.4m (up 39% from 2Q 2025). Net income: US$124.1m (up 116% from 2Q 2025). Profit margin: 14% (up from 9.3% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Oct 14
TAL Education Group to Report Q2, 2026 Results on Oct 30, 2025 TAL Education Group announced that they will report Q2, 2026 results Pre-Market on Oct 30, 2025 Reported Earnings • Aug 01
First quarter 2026 earnings released: EPS: US$0.052 (vs US$0.019 in 1Q 2025) First quarter 2026 results: EPS: US$0.052 (up from US$0.019 in 1Q 2025). Revenue: US$575.0m (up 39% from 1Q 2025). Net income: US$31.3m (up 174% from 1Q 2025). Profit margin: 5.4% (up from 2.8% in 1Q 2025). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 132% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jul 31
TAL Education Group (NYSE:TAL) announces an Equity Buyback for $600 million worth of its shares. TAL Education Group (NYSE:TAL) announces a share repurchase program. Under the program, the company will repurchase up to $600 million worth of its shares. The program will be funded from company's existing cash balance. The plan will be valid till next 12 months. Tillkännagivande • Jul 08
TAL Education Group to Report Q1, 2026 Results on Jul 31, 2025 TAL Education Group announced that they will report Q1, 2026 results Pre-Market on Jul 31, 2025 Reported Earnings • Jun 17
Full year 2025 earnings released: EPS: US$0.14 (vs US$0.006 loss in FY 2024) Full year 2025 results: EPS: US$0.14 (up from US$0.006 loss in FY 2024). Revenue: US$2.25b (up 51% from FY 2024). Net income: US$84.6m (up US$88.2m from FY 2024). Profit margin: 3.8% (up from net loss in FY 2024). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 130% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. New Risk • Jun 17
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 32% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Large one-off items impacting financial results. Tillkännagivande • Apr 25
TAL Education Group Appoints Yi Wang as Independent Director, Effective April 22, 2025 TAL Education Group appointed Mr. Yi Wang as an independent director, effective April 22, 2025. Mr. Wang will also serve as Chair of the Compensation Committee and as a member of both the Audit Committee and the Nominating and Corporate Governance Committee. Dr. Weiru Chen has resigned from the Board and all Board committees for personal reasons. Dr. Chen will continue to support the Company in an advisory capacity. Since 2014, Mr. Wang has served as the Executive Director of the Harvard Center Shanghai, where he oversees Harvard University's initiatives and programs in China. Prior to his role at Harvard, Mr. Wang held significant positions in the corporate sector, including Managing Director at Goldman Sachs and Partner at McKinsey & Company. He also served the financial industry as an independent director of Citibank (China) from 2017 to 2023. In addition to his professional endeavors, Mr. Wang is deeply committed to education-related charitable work. He is the co-founder and Vice Chair of the Board of UWC Changshu China and a founding board member of Tsinglan School in Dongguan, China. Tillkännagivande • Apr 03
TAL Education Group to Report Q4, 2025 Results on Apr 24, 2025 TAL Education Group announced that they will report Q4, 2025 results Pre-Market on Apr 24, 2025 Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to US$14.60, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 13x in the Consumer Services industry in Europe. Total returns to shareholders of 304% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$22.34 per share. Tillkännagivande • Jan 03
TAL Education Group to Report Q3, 2025 Results on Jan 23, 2025 TAL Education Group announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Jan 23, 2025 Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$9.62, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 15x in the Consumer Services industry in the United Kingdom. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$15.93 per share. Reported Earnings • Oct 24
Second quarter 2025 earnings released: EPS: US$0.095 (vs US$0.063 in 2Q 2024) Second quarter 2025 results: EPS: US$0.095 (up from US$0.063 in 2Q 2024). Revenue: US$619.4m (up 50% from 2Q 2024). Net income: US$57.4m (up 52% from 2Q 2024). Profit margin: 9.3% (up from 9.2% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Oct 02
TAL Education Group to Report Q2, 2025 Results on Oct 24, 2024 TAL Education Group announced that they will report Q2, 2025 results Pre-Market on Oct 24, 2024 New Risk • Sep 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.7% average weekly change). Minor Risk Large one-off items impacting financial results. Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: US$0.019 (vs US$0.071 loss in 1Q 2024) First quarter 2025 results: EPS: US$0.019 (up from US$0.071 loss in 1Q 2024). Revenue: US$414.2m (up 50% from 1Q 2024). Net income: US$11.4m (up US$56.4m from 1Q 2024). Profit margin: 2.8% (up from net loss in 1Q 2024). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jul 04
TAL Education Group to Report Q1, 2025 Results on Aug 01, 2024 TAL Education Group announced that they will report Q1, 2025 results Pre-Market on Aug 01, 2024 Reported Earnings • Jun 04
Full year 2024 earnings released: US$0.006 loss per share (vs US$0.21 loss in FY 2023) Full year 2024 results: US$0.006 loss per share (improved from US$0.21 loss in FY 2023). Revenue: US$1.49b (up 46% from FY 2023). Net loss: US$3.57m (loss narrowed 97% from FY 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 26
Full year 2024 earnings released: US$0.006 loss per share (vs US$0.21 loss in FY 2023) Full year 2024 results: US$0.006 loss per share (improved from US$0.21 loss in FY 2023). Revenue: US$1.49b (up 46% from FY 2023). Net loss: US$3.57m (loss narrowed 97% from FY 2023). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Apr 12
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at US$12.10. The fair value is estimated to be US$9.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 51% over the last 3 years. Earnings per share has grown by 31%. Tillkännagivande • Mar 30
TAL Education Group to Report Q4, 2024 Results on Apr 25, 2024 TAL Education Group announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Apr 25, 2024 Buy Or Sell Opportunity • Mar 07
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 8.7% to US$12.19. The fair value is estimated to be US$10.14, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 51% over the last 3 years. Earnings per share has grown by 31%. Buy Or Sell Opportunity • Feb 09
Now 32% overvalued after recent price rise Over the last 90 days, the stock has risen 40% to US$13.23. The fair value is estimated to be US$9.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 51% over the last 3 years. Earnings per share has grown by 31%. Reported Earnings • Jan 26
Third quarter 2024 earnings released: US$0.04 loss per share (vs US$0.081 loss in 3Q 2023) Third quarter 2024 results: US$0.04 loss per share (improved from US$0.081 loss in 3Q 2023). Revenue: US$373.5m (up 61% from 3Q 2023). Net loss: US$23.9m (loss narrowed 54% from 3Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. Tillkännagivande • Jan 09
Tal Education Group Unveils Pioneering EdTech Innovations At CES 2024 TAL Education Group is preparing for a compelling presentation at the upcoming Consumer Electronics Show (CES) in Las Vegas. Conf confidently stepped onto the global stage at the world's largest consumer electronics exhibition as an education vanguard, TAL aims to propel the future trajectory of education by showcasing its latest products and unveiling collaborative endeavors with top-tier technology enterprises such as TCL and Microsoft. Through these partnerships, TAL is at the forefront of exploring how artificial intelligence is positioned to revolutionize the future of EdTech. Experience the Future of Learning: TAL Education Group's debut at CES 2024 encapsulates the latest results in their research and development favor, bringing a surprise factor to the American market. By participating in CES, TAL underscores its commitment to contributing to the overall educational landscape through innovation. Following their 16 years of academic innovation and content R&D expertise, TAL will showcase Mobby Kids' Learning Pad, a multisensory approach to early education enlightenment; directly showcasing how children can benefit from developing their mode of thought through technology, enhancing learning abilities through incorporating developmental psychology, brain science, and academic research. With a proprietary multi-subject Artificial Intelligence support system, the other Xueersi xPad Model will showcase adaptive learning experiences through interactive AI elements like image recognition, personalized recommendations, and a real-time AI voice assistant. Visiting booth #54768 in The Venetian Expo Hall provides a unique opportunity to immerse yourself interactively in Chinese culture and witness firsthand TAL Education Group's leading edge in new technologies and experiential innovations. Immerse yourself in a unique learning experience, where attendees can interact with learning pads to learn and write their Chinese zodiac characters using gestures. Explore the intersection of Chinese cultural elements with education technology, and experience how TAL's learning machines transcend conventional boundaries, providing an insightful glimpse into the future of education. Tillkännagivande • Dec 30
TAL Education Group to Report Q3, 2024 Results on Jan 25, 2024 TAL Education Group announced that they will report Q3, 2024 results Pre-Market on Jan 25, 2024 Tillkännagivande • Nov 18
TAL Education Group, Annual General Meeting, Nov 29, 2023 TAL Education Group, Annual General Meeting, Nov 29, 2023, at 11:00 China Standard Time. Location: 4/F Heying Center, Xiaoying West Street Haidian District Beijing Province China Reported Earnings • Oct 27
Second quarter 2024 earnings released: EPS: US$0.063 (vs US$0.001 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.063 (up from US$0.001 loss in 2Q 2023). Revenue: US$411.9m (up 40% from 2Q 2023). Net income: US$37.9m (up US$38.7m from 2Q 2023). Profit margin: 9.2% (up from net loss in 2Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. Tillkännagivande • Sep 29
TAL Education Group to Report Q2, 2024 Results on Oct 26, 2023 TAL Education Group announced that they will report Q2, 2024 results on Oct 26, 2023 Buying Opportunity • Aug 25
Now 21% undervalued Over the last 90 days, the stock is up 9.9%. The fair value is estimated to be US$8.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 33% over the last 3 years. Earnings per share has declined by 20%. Revenue is forecast to grow by 59% in 2 years. Earnings is forecast to grow by 78% in the next 2 years. New Risk • Jul 28
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$137m Forecast net loss in 2 years: US$28m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$28m net loss in 2 years). Share price has been volatile over the past 3 months (9.9% average weekly change). Reported Earnings • Jul 28
First quarter 2024 earnings released: US$0.071 loss per share (vs US$0.068 loss in 1Q 2023) First quarter 2024 results: US$0.071 loss per share (further deteriorated from US$0.068 loss in 1Q 2023). Revenue: US$275.4m (up 23% from 1Q 2023). Net loss: US$45.0m (loss widened 2.8% from 1Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 56% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Jul 08
TAL Education Group to Report Q1, 2024 Results on Jul 27, 2023 TAL Education Group announced that they will report Q1, 2024 results Pre-Market on Jul 27, 2023 Reported Earnings • Jun 02
Full year 2023 earnings released: US$0.21 loss per share (vs US$1.76 loss in FY 2022) Full year 2023 results: US$0.21 loss per share (improved from US$1.76 loss in FY 2022). Revenue: US$1.02b (down 77% from FY 2022). Net loss: US$135.6m (loss narrowed 88% from FY 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 28
Full year 2023 earnings released: US$0.21 loss per share (vs US$1.76 loss in FY 2022) Full year 2023 results: US$0.21 loss per share (improved from US$1.76 loss in FY 2022). Revenue: US$1.02b (down 77% from FY 2022). Net loss: US$135.6m (loss narrowed 88% from FY 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings. Reported Earnings • Jan 20
Third quarter 2023 earnings released: US$0.081 loss per share (vs US$0.15 loss in 3Q 2022) Third quarter 2023 results: US$0.081 loss per share (improved from US$0.15 loss in 3Q 2022). Revenue: US$232.7m (down 77% from 3Q 2022). Net loss: US$51.6m (loss narrowed 48% from 3Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 20 percentage points per year, which is a significant difference in performance. Buying Opportunity • Jan 18
Now 24% undervalued Over the last 90 days, the stock is up 110%. The fair value is estimated to be US$10.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.1% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 48% in a year. Earnings is forecast to grow by 82% in the next year. Tillkännagivande • Jan 05
TAL Education Group to Report Q3, 2023 Results on Jan 19, 2023 TAL Education Group announced that they will report Q3, 2023 results Pre-Market on Jan 19, 2023 Reported Earnings • Oct 28
Second quarter 2023 earnings released Second quarter 2023 results: US$0.001 loss per share. Net loss: US$787.0k (flat on 2Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Services industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 29
First quarter 2023 earnings released: US$0.16 loss per share (vs US$0.72 loss in 1Q 2022) First quarter 2023 results: US$0.16 loss per share (up from US$0.72 loss in 1Q 2022). Revenue: US$1.38b (down 2.1% from 1Q 2022). Net loss: US$102.1m (loss narrowed 78% from 1Q 2022). Over the next year, revenue is expected to shrink by 82% compared to a 20% growth forecast for the industry in the United Kingdom. Reported Earnings • Jun 17
Full year 2022 earnings released: US$1.76 loss per share (vs US$0.19 loss in FY 2021) Full year 2022 results: US$1.76 loss per share (down from US$0.19 loss in FY 2021). Revenue: US$4.39b (down 2.3% from FY 2021). Net loss: US$1.14b (loss widened US$1.02b from FY 2021). Over the next year, revenue is expected to shrink by 79% compared to a 26% growth forecast for the industry in the United Kingdom. Reported Earnings • May 01
Full year 2022 earnings released: US$1.76 loss per share (vs US$0.19 loss in FY 2021) Full year 2022 results: US$1.76 loss per share (down from US$0.19 loss in FY 2021). Revenue: US$4.39b (down 2.3% from FY 2021). Net loss: US$1.14b (loss widened US$1.02b from FY 2021). Over the next year, revenue is expected to shrink by 62% compared to a 31% growth forecast for the industry in the United Kingdom. Board Change • May 01
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 Kaifu Zhang was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 22
Third quarter 2022 earnings: Revenues exceed analyst expectations Third quarter 2022 results: Revenue: US$1.02b (down 8.8% from 3Q 2021). Net loss: US$99.4m (loss widened 128% from 3Q 2021). Revenue exceeded analyst estimates by 9.8%. Over the next year, revenue is expected to shrink by 45% compared to a 23% growth forecast for the industry in the United Kingdom. Reported Earnings • Jan 16
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: US$1.44 loss per share (down from US$0.16 profit in 1H 2021). Revenue: US$2.83b (up 41% from 1H 2021). Net loss: US$928.6m (down US$1.03b from profit in 1H 2021). Revenue exceeded analyst estimates by 3.5%. Over the next year, revenue is expected to shrink by 40% compared to a 18% growth forecast for the industry in the United Kingdom. Reported Earnings • May 09
Full year 2021 earnings released: US$0.19 loss per share (vs US$0.18 loss in FY 2020) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2021 results: Revenue: US$4.50b (up 37% from FY 2020). Net loss: US$116.0m (loss widened 5.3% from FY 2020). Reported Earnings • Apr 24
Full year 2021 earnings released: US$0.19 loss per share (vs US$0.18 loss in FY 2020) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2021 results: Revenue: US$4.50b (up 37% from FY 2020). Net loss: US$116.0m (loss widened 5.3% from FY 2020). Reported Earnings • Jan 22
Third quarter 2021 earnings released: US$0.072 loss per share The company reported a soft third quarter result with weaker earnings and control over expenses, although revenues were improved. Third quarter 2021 results: Revenue: US$1.12b (up 30% from 3Q 2020). Net loss: US$43.6m (down 255% from profit in 3Q 2020). Analyst Estimate Surprise Post Earnings • Jan 22
Revenue beats expectations Revenue exceeded analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 44%, compared to a 9.4% growth forecast for the Consumer Services industry in the United Kingdom. Analyst Estimate Surprise Post Earnings • Oct 22
Second-quarter earnings released: Revenue misses expectations Second-quarter revenue missed analyst estimates by 1.9% at US$1.10b. Revenue is forecast to grow 47% over the next year, compared to a 7.3% growth forecast for the Consumer Services industry in the United Kingdom. Reported Earnings • Oct 22
First half earnings released Over the last 12 months the company has reported total profits of US$26.1m, down 87% from the prior year. Total revenue was US$3.70b over the last 12 months, up 25% from the prior year. 
