Ata Creativity Global (AACG) has released an update.
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Ata Creativity Global (ACG) has reported an 11.3% increase in student enrollment and a 6.5% rise in Q4 net revenues, amounting to RMB83.6 million, signaling a robust growth trajectory. The company showcased a substantial uptick in net income, which surged by 324.1% in Q4, alongside a narrowed fiscal year net loss, reflecting improved operating efficiencies and a solid financial position with RMB60.2 million in cash reserves.
For further insights into AACG stock, check out TipRanks’ Stock Analysis page.