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Complete financial analysis of 17 Education & Technology Group Inc. (YQ) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of 17 Education & Technology Group Inc., a leading company in the Education & Training Services industry within the Consumer Defensive sector.
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17 Education & Technology Group Inc. (YQ)
Industry: Education & Training Services
Sector: Consumer Defensive
Website: https://ucenter.17zuoye.com
About 17 Education & Technology Group Inc.
17 Education & Technology Group Inc., an education technology company, provides education and education technology services in the People's Republic of China. The company also provides educational services comprising membership-based educational content subscriptions to à la carte workbooks, study plans, and associated services. It also offers teaching and learning SaaS solutions, such as education informatization services for education-related government entities, schools, and service providers. 17 Education & Technology Group Inc. was incorporated in 2012 and is headquartered in Beijing, the People's Republic of China.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 170.96M | 531.06M | 2.18B | 1.29B | 406.25M | 310.71M |
| Cost of Revenue | 90.26M | 206.21M | 878.24M | 495.67M | 173.48M | 104.97M |
| Gross Profit | 80.70M | 324.86M | 1.31B | 798.70M | 232.77M | 205.74M |
| Gross Profit Ratio | 47.21% | 61.17% | 59.80% | 61.71% | 57.30% | 66.22% |
| Research & Development | 167.93M | 235.85M | 800.16M | 614.77M | 491.27M | 398.63M |
| General & Administrative | 154.26M | 317.16M | 445.44M | 420.11M | 157.79M | 203.13M |
| Selling & Marketing | 101.26M | -17.00M | 1.41B | 1.10B | 583.82M | 303.49M |
| SG&A | 255.52M | 300.16M | 1.86B | 1.52B | 741.61M | 506.62M |
| Other Expenses | 0.00 | 21.77M | 4.67M | 4.27M | 102.00K | 882.00K |
| Operating Expenses | 423.45M | 536.00M | 2.66B | 2.13B | 1.23B | 905.25M |
| Cost & Expenses | 513.71M | 742.21M | 3.54B | 2.63B | 1.41B | 1.01B |
| Interest Income | 27.81M | 11.35M | 24.57M | 8.42M | 23.83M | 33.98M |
| Interest Expense | 0.00 | 0.00 | 0.00 | 2.93M | 485.00K | 0.00 |
| Depreciation & Amortization | 16.17M | 24.73M | 64.76M | 39.70M | 22.68M | 15.76M |
| EBITDA | -326.58M | -186.42M | -1.29B | -1.29B | -940.59M | -640.31M |
| EBITDA Ratio | -191.02% | -28.87% | -60.56% | -102.09% | -234.71% | -208.84% |
| Operating Income | -342.75M | -211.15M | -1.35B | -1.33B | -1.00B | -699.51M |
| Operating Income Ratio | -200.48% | -39.76% | -61.90% | -103.07% | -246.18% | -225.14% |
| Total Other Income/Expenses | 30.97M | 33.28M | 31.57M | -5.79M | 36.36M | 43.44M |
| Income Before Tax | -311.78M | -177.87M | -1.44B | -1.34B | -963.75M | -656.07M |
| Income Before Tax Ratio | -182.37% | -33.49% | -66.01% | -103.52% | -237.23% | -211.15% |
| Income Tax Expense | 0.00 | -159.00K | -60.08M | -32.51M | 587.00K | 43.44M |
| Net Income | -311.78M | -177.71M | -1.38B | -1.31B | -964.34M | -656.07M |
| Net Income Ratio | -182.37% | -33.46% | -63.26% | -101.01% | -237.38% | -211.15% |
| EPS | -33.99 | -17.67 | -139.85 | -137.57 | -103.64 | -70.51 |
| EPS Diluted | -33.99 | -17.67 | -139.85 | -136.52 | -103.64 | -70.51 |
| Weighted Avg Shares Out | 9.17M | 10.06M | 9.88M | 9.50M | 9.30M | 9.30M |
| Weighted Avg Shares Out (Dil) | 9.17M | 10.06M | 9.88M | 9.58M | 9.30M | 9.30M |
17 Education & Technology Group Inc. to Report Third Quarter 2024 Unaudited Financial Results on December 11, 2024
BEIJING, Dec. 05, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the third quarter...
17 Education & Technology Group, Inc. (YQ) Q2 2024 Earnings Conference Call Transcript
17 Education & Technology Group, Inc. (NASDAQ:YQ ) Q2 2024Earnings Conference Call September 4, 2024 9:00 PM ET Company Participants Lara Zhao - IR Manager Michael Chao Du - Director & CFO Conference Call Participants Operator Good evening and good...
17 Education & Technology Group Inc. Announces Second Quarter 2024 Unaudited Financial Results
BEIJING, Sept. 05, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the second quarter of 2024.
17 Education & Technology Group Inc. Announces First Quarter 2024 Unaudited Financial Results
BEIJING, June 06, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the first quarter of 2024. First Quarter...
17 Education & Technology Group Inc. to Report First Quarter 2024 Unaudited Financial Results on June 5, 2024
BEIJING, May 30, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the first quarter...
17 Education & Technology Group Inc. Files Its Annual Report on Form 20-F
BEIJING, April 25, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it filed its annual report on Form 20-F, including its audited...
17 Education & Technology Group, Inc. (YQ) Q4 2023 Earnings Call Transcript
17 Education & Technology Group, Inc. (YQ) Q4 2023 Earnings Call Transcript
17 Education & Technology Group Inc. Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results
BEIJING, March 21, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the fourth quarter and the year ended...
17 Education & Technology Group Inc. to Report Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results on March 20, 2024
BEIJING, March 15, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the fourth quarter...
17EdTech Has Regained Compliance with Nasdaq's Minimum Bid Price Requirement
BEIJING, Jan. 05, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (Nasdaq: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it received a notification letter (the “Compliance Notice”) from the Listing...
Source: https://incomestatements.info
Category: Stock Reports
How have operating expenses impacted the company’s financial performance?
Operating expenses significantly influence a business’s performance by directly impacting profit margins and operating income. These expenses comprise the day-to-day costs required to keep a business running, such as salaries, rent, advertising, and maintenance costs.
What are the key financial highlights of 17 Education & Technology Group Inc.’s Q3 2024?
Revenue: CN¥59.6m (up 32% from 3Q 2023).
Net loss: CN¥17.4m (loss narrowed by 76% from 3Q 2023).
CN¥2.24 loss per share (improved from CN¥8.36 loss in 3Q 2023).