China Online Education Group

51Talk Online Education Group engages in the operation of an online education platform in China. It operates under the China and Philippines geographical segments. Its online and mobile education platforms enable students across China to take live interactive english lessons with overseas foreign teachers on demand. The company was founded by Jia Jia Huang, Ting Shu, and Li Ming Zhang in July 2011 and is headquartered in Singapore.

Earnings data Q1 2021

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

China Online Education Group reports Q1 revenue growth but faces cost challenges

COE's Q1 performance reflects revenue growth but challenges in controlling operating expenses, leading to an operating loss.
The company's strategic strengths lie in branding initiatives, product innovation, and a solid financial position with USD 21.7 million in total cash.
Opportunities for COE include revenue expansion, market differentiation through innovation, and a focus on cost optimization for sustainable growth.

China Online Education Group posts robust Q2 earnings, eyes global expansion

China Online Education Group (COE) delivered strong financial performance in Q2 2024, marked by revenue growth and improved net loss compared to the previous year.
While facing challenges in operating expenses and profitability, COE's strategic strengths lie in its financial stability, market expansion initiatives, and long-term growth prospects.
The company's focus on cost management, revenue generation, and market diversification presents opportunities for sustained growth and success in the evolving online education landscape.

China Online Education Group (COE) reports strong Q3 growth and eyes profitability

China Online Education Group (COE) delivered strong revenue growth in Q3 2024, driven by robust gross billings and AI adoption. While facing challenges with operating expenses and profitability, the company remains focused on growth and localization strategies. Opportunities for further improvement and expansion are evident, with a positive outlook for Q4.

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51Talk Online Education Group (NYSE:COE ) Q3 2024 Earnings Conference Call December 13, 2024 8:00 AM ET Company Participants David Chung - Investor Relations Jack Huang - Chief Executive Officer Cindy Tang - Chief Financial Officer Conference Call Participants John Banks - Garden State Securities Operator Hello, ladies and gentlemen, thank you for standing by for 51Talk Online Education Group's Third Quarter 2024 Earnings Conference Call. At this time, all participants will be in a listen-only mode.

51Talk Online Education Group (COE) Q3 2024 Earnings Call Transcript

SINGAPORE , Dec. 13, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE American: COE), a global online education platform with core expertise in English education, announced that its students showcased their talent at the 29th United Nations Climate Change Conference (COP29), which took place in Baku, Azerbaijan. The event, held from November 11 to 22, 2024, brought together Heads of State, policymakers, environmental advocates, and youth leaders from around the globe.

51Talk's Students Showcase Talent at COP29

SINGAPORE , Dec. 13, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE American: COE), a global online education platform with core expertise in English education, today announced its unaudited results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial and Operating Highlights Gross billings[1] for the third quarter of 2024 were US$19.8 million, an 80.7% growth from the third quarter of 2023.

51Talk Online Education Group Announces Third Quarter 2024 Results

Earnings Call Scheduled for 8:00 a.m. ET on December 13, 2024 SINGAPORE , Dec. 12, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk", or the "Company") (NYSE American: COE), a global online education platform with core expertise in English education, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2024 on Friday, December 13, 2024, before the open of U.S. markets.

51Talk Online Education Group to Report Third Quarter 2024 Financial Results on Friday, December 13, 2024

Shares of 51Talk (COE, Financial) faced a significant drop, falling by 6.75%. At the latest report, the stock was priced at $13.06, with a trading volume of 7,017 shares, a turnover rate of 0.12%, and an amplitude of 6.68%.

51Talk (COE) Stock Experiences Sharp Decline

51 Talk Online Education (NYSE: COE ) just reported results for the second quarter of 2024. 51 Talk Online Education reported earnings per share of -18 cents.

COE Stock Earnings: 51 Talk Online Education Reported Results for Q2 2024

51Talk Online Education Group (NYSE:COE ) Q2 2024 Earnings Conference Call August 23, 2024 8:00 AM ET Company Participants David Chung - IR Jack Huang - CEO Cindy Tang - CFO Conference Call Participants Operator Hello, ladies and gentlemen. Thank you for standing by for 51Talk's Online Education Group's Second Quarter 2024 Earnings Conference Call.

51Talk Online Education Group (COE) Q2 2024 Earnings Call Transcript

SINGAPORE , Aug. 23, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE American: COE), a global online education platform with core expertise in English education, announced its unaudited results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial and Operating Highlights Gross billings1 for the second quarter of 2024 were US$15.9 million, a 61.3% growth from the second quarter of 2023.

51Talk Online Education Group Announces Second Quarter 2024 Results

Earnings Call Scheduled for 8:00 a.m. EST on August 23, 2024 SINGAPORE , Aug. 22, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk", or the "Company") (NYSE American: COE), a global online education platform with core expertise in English education, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2024 on Friday, August 23, 2024, before the open of U.S. markets.

51Talk Online Education Group to Report Second Quarter 2024 Financial Results on Friday, August 23, 2024

51Talk Online Education Group (NYSE:COE ) Q1 2024 Earnings Conference Call June 12, 2024 8:00 AM ET Company Participants David Chung - Investor Relations Vice President Jack Huang - Founder, Chairman and Chief Executive Officer Cindy Tang - Chief Financial Officer Conference Call Participants Operator Hello, ladies and gentlemen. Thank you for standing by for 51Talk's Online Education Group's First Quarter 2024 Earnings Conference Call.

51Talk Online Education Group (COE) Q1 2024 Earnings Call Transcript

SINGAPORE , June 12, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE American: COE), a global online education platform with core expertise in English education, announced its unaudited results for the first quarter ended March 31, 2024. First Quarter 2024 Financial and Operating Highlights Gross billings[1] for the first quarter of 2024 were US$12.6 million, a 55.6% growth from the first quarter of 2023.

51Talk Online Education Group Announces First Quarter 2024 Results

Earnings Call Scheduled for 8:00 a.m. EST on June 12, 2024 SINGAPORE , June 10, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk", or the "Company") (NYSE American: COE), a global online education platform with core expertise in English education, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024 on Wednesday, June 12, 2024, before the open of U.S. markets.

51Talk Online Education Group to Report First Quarter 2024 Financial Results on Wednesday, June 12, 2024

SINGAPORE , May 31, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE American: COE), a global online education platform with core expertise in English education, announced today that its board of directors (the "Board") has appointed Mr. Jimmy Lai as an independent director, effective June 1, 2024.

51Talk Online Education Group Announces Change to Board Composition

SINGAPORE , April 29, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE: COE), a global online education platform with core expertise in English education, announced  that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission ("SEC") on April 29, 2024. The annual report can be accessed on the Company's investor relations website at http://ir.51talk.com/ as well as the SEC's website at http://www.sec.gov.

51Talk Online Education Group Files Annual Report on Form 20-F for Fiscal Year 2023

51Talk Online Education Group (COE) Q4 2023 Earnings Call Transcript

SINGAPORE, March 22, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE American: COE), a global online education platform with core expertise in English education, announced its unaudited results for the fourth quarter and full year ended December 31, 2023. Full Year 2023 Financial and Operating Highlights Gross billings[1] for 2023 were US$39.9 million, a 38.4% growth from 2022.

51Talk Online Education Group Announces the Results for the Fourth Quarter and Full Year 2023

Earnings Call Scheduled for 8:00 a.m. EST on March 22, 2024 SINGAPORE , March 20, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk", or the "Company") (NYSEAMERICAN: COE), a global online education platform with core expertise in English education, today announced that it will report its unaudited financial results for the fourth quarter ended December 31, 2023 on Friday, March 22, 2024, before the open of U.S. markets.

51Talk Online Education Group to Report Fourth Quarter 2023 Financial Results on Friday, March 22, 2024

51Talk Online Education Group (NYSE:COE ) Q3 2023 Earnings Conference Call December 18, 2023 8:00 AM ET Company Participants David Chung - IR Jack Huang - CEO Cindy Tang - CFO Conference Call Participants Operator Hello, ladies and gentlemen. Thank you for standing by for 51Talk Online Education Group's Third Quarter 2023 Earnings Conference Call.

51Talk Online Education Group (COE) Q3 2023 Earnings Call Transcript

SINGAPORE , Dec. 18, 2023 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE American: COE), a global online education platform with core expertise in English education, announced its unaudited results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial and Operating Highlights Gross billings[1] for the third quarter of 2023 were US$10.9 million, at the high-end of outlook and a 11.3% growth from the second quarter of 2023.

51Talk Online Education Group Announces Third Quarter 2023 Results

Earnings Call Scheduled for 8:00 a.m. EST on December 18, 2023 SINGAPORE , Dec. 14, 2023 /PRNewswire/ -- 51Talk Online Education Group ("51Talk", or the "Company") (NYSEAMERICAN: COE), a global online education platform with core expertise in English education, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2023 on Monday, December 18, 2023, before the open of U.S. markets.

51Talk Online Education Group to Report Third Quarter 2023 Financial Results on Monday, December 18, 2023

51Talk Online Education Group (NYSE:COE ) Q2 2023 Results Conference Call August 25, 2023 8:00 AM ET Company Participants David Chung - Investor Relations Jack Huang - Chief Executive Officer Cindy Tang - Chief Financial Officer Operator Hello, ladies and gentlemen. Thank you for standing by for 51Talk Online Education Group's Second Quarter 2023 Earnings Conference Call.

51Talk Online Education Group (COE) Q2 2023 Earnings Call Transcript

SINGAPORE , Aug. 25, 2023 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE American: COE), a global online education platform with core expertise in English education, announced its interim unaudited results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial and Operating Highlights Gross billings[1] for the second quarter of 2023 were US$9.8 million, US$0.3 million more than the high-end of outlook and a 21.0% growth from the first quarter of 2023.

51Talk Online Education Group Announces Second Quarter 2023 Results

Earnings Call Scheduled for 8:00 a.m. EST on August 25, 2023 SINGAPORE , Aug. 23, 2023 /PRNewswire/ -- 51Talk Online Education Group ("51Talk", or the "Company") (NYSEAMERICAN: COE), a global online education platform with core expertise in English education, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2023 on Friday, August 25, 2023, before the open of U.S. markets.

51Talk Online Education Group to Report Second Quarter 2023 Financial Results on Friday, August 25, 2023

SINGAPORE , May 23, 2023 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE: COE), a global online education platform with core expertise in English education, announced today that it will transfer the listing of its American Depositary Shares from the New York Stock Exchange to NYSE American LLC ("NYSE American"). The Company has received the approval for listing from the NYSE American on May 22, 2023.

51Talk Online Education Group Announces Transfer to NYSE American

SINGAPORE , April 26, 2023 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE: COE), a global online education platform with core expertise in English education, announced its unaudited results for the first quarter ended March 31, 2023. First Quarter 2023 Financial and Operating Highlights Net revenues were US$5.6 million, a 195.6% increase from US$1.9 million for the first quarter of 2022.

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