17 EDUCATION & TECHNOLOGY GROUP INC. - Annual Financials - Income Statement (SEC)

Updated on January 2, 2026.
Related Topics: SEC Topic List.
Data Source: SEC.

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17 EDUCATION & TECHNOLOGY GROUP INC. - Annual Income Statement (In Thousands of USD, Except Per Share Amounts)
Breakdown 2024-12-31 2023-12-31 2022-12-31
Net revenues 189212 170962 531064
Cost of revenues 16440 90259 206208
Gross profit 69208 80703 324856
Sales and marketing expenses 76088 101260 79129
Research and development expenses 9864 167932 235846
General and administrative expenses 134935 154261 221029
Total operating expenses 38774 423453 536004
Loss from operations -29292 -342750 -211148
Interest income 16260 27811 11352
Foreign currency exchange gain (loss) 31 -801 159
Other income, net 4399 3958 21765
Loss before provision for income tax -192927 -311782 -177872
Net loss -192927 -311782 -177872
Net loss available to ordinary shareholders of 17 Education & Technology Group Inc. -192927 -311782 -177872
Basic Earnings Per Share -0.48 -0.68 -0.35
Diluted Earnings Per Share -0.07 -0.68 -0.35
Basic Weighted Average Shares Outstanding 401923.2 458636.327 502801.926
Diluted Weighted Average Shares Outstanding 401923.2 458636.327 502801.926