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Complete financial analysis of LAIX Inc. (LAIX) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of LAIX Inc., a leading company in the Software – Application industry within the Technology sector.
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LAIX Inc. (LAIX)
Industry: Software - Application
Sector: Technology
Website: https://ir.laix.com/investors/our-company/default.aspx
About LAIX Inc.
LAIX Inc., an artificial intelligence (AI) company, provides online English learning products and services in the People's Republic of China. It offers English Liulishuo app, which offers a suite of courses, including free courses for leisure learning, the paid personalized standard courses, DongNi English, and other paid courses, as well as DongNi English A+ app; LiuLi Reading mobile app that allows users to read articles from publishers supplemented by detailed learning tips and quizzes; and Kids Liulishuo, a mobile app that enhance the reading, hearing, and speaking abilities of kids. The company also provides IELTS Liulishuo app for IELTS speaking practice tests; and enterprise learning services for corporate customers. In addition, it is involved in AI lab operation; technology development; and provision of loan arrangement and marketing support services. The company was formerly known as LingoChamp Inc. LAIX Inc. was incorporated in 2013 and is headquartered in Shanghai, the People's Republic of China.
| Metric | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 684.93M | 972.63M | 1.02B | 637.22M | 165.56M | 12.33M |
| Cost of Revenue | 140.44M | 277.24M | 273.52M | 174.73M | 57.69M | 27.50M |
| Gross Profit | 544.49M | 695.39M | 749.70M | 462.49M | 107.87M | -15.17M |
| Gross Profit Ratio | 79.50% | 71.50% | 73.27% | 72.58% | 65.15% | -123.02% |
| Research & Development | 105.07M | 190.71M | 213.87M | 155.15M | 53.16M | 30.01M |
| General & Administrative | 84.15M | 111.00M | 153.51M | 65.42M | 19.81M | 8.75M |
| Selling & Marketing | 325.01M | 801.36M | 969.40M | 705.41M | 283.05M | 28.53M |
| SG&A | 409.16M | 912.37M | 1.12B | 770.84M | 302.86M | 37.29M |
| Other Expenses | -14.21M | -43.00K | -2.39M | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 500.02M | 1.10B | 1.33B | 925.99M | 356.02M | 67.30M |
| Cost & Expenses | 640.46M | 1.38B | 1.61B | 1.10B | 413.71M | 94.80M |
| Interest Income | 0.00 | 904.00K | 11.28M | 2.73M | 933.85K | 2.67M |
| Interest Expense | -3.79M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 36.02M | 58.48M | 53.89M | 5.91M | 1.03M | 550.00K |
| EBITDA | 93.84M | -334.45M | -518.99M | -458.00M | -236.13M | -88.62M |
| EBITDA Ratio | 13.70% | -34.39% | -50.72% | -71.87% | -142.62% | -718.61% |
| Operating Income | 57.83M | -407.65M | -584.69M | -463.50M | -248.15M | -82.47M |
| Operating Income Ratio | 8.44% | -41.91% | -57.14% | -72.74% | -149.89% | -668.76% |
| Total Other Income/Expenses | 3.79M | 14.72M | 11.81M | -408.00K | 11.00M | -6.70M |
| Income Before Tax | 61.62M | -392.93M | -572.88M | -463.91M | -237.15M | -89.17M |
| Income Before Tax Ratio | 9.00% | -40.40% | -55.99% | -72.80% | -143.24% | -723.07% |
| Income Tax Expense | 1.71M | 1.90M | 1.90M | 24.16M | 5.61M | -6.70M |
| Net Income | 59.91M | -394.83M | -574.78M | -488.07M | -242.76M | -89.17M |
| Net Income Ratio | 8.75% | -40.59% | -56.17% | -76.59% | -146.63% | -723.07% |
| EPS | 0.56 | -111.82 | -163.01 | -253.81 | -85.39 | -29.58 |
| EPS Diluted | 0.56 | -111.82 | -163.01 | -253.81 | -85.39 | -29.58 |
| Weighted Avg Shares Out | 107.49M | 3.53M | 3.53M | 1.92M | 2.84M | 3.01M |
| Weighted Avg Shares Out (Dil) | 107.49M | 3.53M | 3.53M | 1.92M | 2.84M | 3.01M |
LAIX Inc. to Report Fourth Quarter and Full Year 2019 Financial Results on Thursday, March 12, 2020
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Source: https://incomestatements.info
Category: Stock Reports