51TALK ONLINE EDUCATION GROUP - Annual Financials - Income Statement (SEC)

Updated on January 2, 2026.

Related Topics: SEC Topic List.

Data Source: SEC.

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51TALK ONLINE EDUCATION GROUP - Annual Income Statement (In Thousands of USD, Except Per Share Amounts)

Breakdown	2024-12-31	2023-12-31	2022-12-31
Net revenues	50692	27111	15048
Cost of revenues	11164	6322	3194
Gross profit	39528	20789	11854
Sales and marketing expenses	33388	23637	13279
Product development expenses	3571	3088	2865
General and administrative expenses	10615	7727	8068
Total operating expenses	47574	34452	24212
Loss from operations	-8046	-13663	-12358
Interest income	229	165	27
Other (expenses)/income, net	771	-1416	-453
Loss before income tax	-7046	-14914	-12784
Income tax expenses	276	118	60
Net loss from continuing operations	-7322	-15032	-12844
Net loss from discontinued operations, net of income tax			-29712
Net loss	-7322	-15032	-42556
Net loss attributable to noncontrolling interests	-87
Net loss, all attributable to the Company's ordinary shareholders	-7235	-15032	-42556
Basic Weighted Average Shares Outstanding	347119.359	341070.214	335640.275
Diluted Weighted Average Shares Outstanding	347119.359	341070.214	335640.275
Net loss per share attributable to ordinary shareholders-basic from continuing operations	-0.02	-0.04	-0.04
Net loss per share attributable to ordinary shareholders-diluted from continuing operations	-0.02	-0.04	-0.04
Net loss per share attributable to ordinary shareholders-basic from discontinued operations			-0.09
Net loss per share attributable to ordinary shareholders-diluted from discontinued operations			-0.09
Foreign currency translation adjustments	-373	-627	9082
Reclassification of exchange differences on translation of operations to consolidated statement of operations			2727
Total comprehensive loss	-7695	-15659	-36201
Less: comprehensive income/(loss) attributable to noncontrolling interests	-14	2
Total comprehensive loss attributable to ordinary shareholders	-7681	-15661	-36201