Ambow Education Holding Ltd. (AMBO) Income Statement Analysis

See more : Peet Limited (PPC.AX) Income Statement Analysis – Financial Results

Complete financial analysis of Ambow Education Holding Ltd. (AMBO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Ambow Education Holding Ltd., a leading company in the Education & Training Services industry within the Consumer Defensive sector.

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Ambow Education Holding Ltd. (AMBO)

Industry: Education & Training Services

Sector: Consumer Defensive

Website: https://www.ambow.com

About Ambow Education Holding Ltd.

Ambow Education Holding Ltd. provides a range of educational and career enhancement services and products to students, recent graduates, and corporate employees and management professionals in the People's Republic of China. The company operates through two segments, K-12 Schools and CP&CE Programs. The K-12 Schools segment provides educational services covering K-12 programs and tutoring services; and international education programs. The CP&CE Programs segment operates tutoring centers that provide classroom instruction, small class, and one-on-one tutoring services for students to perform better in school and prepare for important tests, primarily high school and university entrance exams; and educational curriculum through its web-based applications. This segment also offers educational software products include eBoPo, which offers full subjects, online practice tests, and instructions for K-12 level students; career enhancement services and products focusing on improving educational opportunities for primary and advanced degree school students, and employment opportunities for university graduates; and outbound and in-house management trainings for corporate clients. In addition, this segment provides students with training for professional skills, such as case studies, job environment simulation, and technical skills; soft skills, including time management, presentation, leadership, and interview techniques; and intellectualized operational services to corporate clients, colleges, and universities. As of December 31, 2021, the company had 18 centers and schools comprising 5 tutoring centers, 2 K-12 schools, 3 career enhancement centers, and 8 training offices. The company was founded in 2000 and is headquartered in Beijing, the People's Republic of China.

Metric	2023	2022	2021	2020
Revenue	9.16M	14.84M	17.82M	18.39M
Cost of Revenue	6.67M	14.56M	15.39M	16.15M
Gross Profit	2.49M	284.00K	2.42M	2.24M
Gross Profit Ratio	27.22%	1.91%	13.60%	12.19%
Research & Development	484.00K	0.00	0.00	872.91K
General & Administrative	5.26M	7.63M	7.92M	6.21M
Selling & Marketing	1.05M	1.49M	3.13M	2.87M
SG&A	6.32M	9.12M	11.06M	9.08M
Other Expenses	0.00	657.00K	0.00	137.14K
Operating Expenses	6.80M	9.77M	11.06M	10.09M
Cost & Expenses	13.47M	24.33M	26.45M	26.24M
Interest Income	0.00	0.00	1.41M	1.45M
Interest Expense	0.00	0.00	1.17M	1.31M
Depreciation & Amortization	2.09M	3.75M	3.77M	3.79M
EBITDA	-2.21M	-5.09M	-4.86M	-3.04M
EBITDA Ratio	-24.13%	-34.27%	-27.30%	-16.51%
Operating Income	-4.31M	-9.49M	-8.63M	-7.84M
Operating Income Ratio	-46.98%	-63.94%	-48.45%	-42.63%
Total Other Income/Expenses	1.14M	236.00K	1.44M	6.11M
Income Before Tax	-3.16M	-9.25M	-7.19M	-1.73M
Income Before Tax Ratio	-34.50%	-62.35%	-40.38%	-9.42%
Income Tax Expense	14.00K	0.00	-505.00K	-557.76K
Net Income	-3.18M	-14.07M	470.00K	-9.60M
Net Income Ratio	-34.65%	-94.83%	2.64%	-52.18%
EPS	-1.13	-77.94	0.00	0.00
EPS Diluted	-1.13		0.00	0.00
Weighted Avg Shares Out	2.82M	180.57K	0.00	0.00
Weighted Avg Shares Out (Dil)	2.82M	0.00	0.00	0.00