17 EDUCATION & TECHNOLOGY GROUP INC. - Annual Financials - Income Statement (SEC)
Updated on January 2, 2026.
Related Topics: SEC Topic List.
Data Source: SEC.
See details in table below.
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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 |