Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
China Online Education Group (COE)
NYSE MKT:COE
Holding COE?
Track your performance easily
Earnings Data
Report Date
Mar 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
-$0.81Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Dec 13, 2024
|% Change Since: 1.03%
|Next Earnings Date:Mar 12, 2025
Earnings Call Sentiment|Positive
The earnings call reflected strong revenue and gross billings growth, improved cash flow, and successful AI integration, indicating positive business momentum. However, increased operating expenses and ongoing losses present challenges. The sentiment is overall positive due to significant growth achievements and future expansion plans.Company Guidance
During the Q3 2024 earnings call for 51Talk, the company provided positive guidance for future growth and financial performance. The executives highlighted that gross billings exceeded prior guidance, with a notable increase of 80.7% year-over-year, reaching USD 19.8 million. The company maintained a strong gross margin of 78.7% and achieved a positive cash flow above USD 2 million. Despite an operating loss of USD 0.8 million, this represented a significant reduction of 79.6% from the previous year. Looking ahead, the company anticipates net gross billings for Q4 2024 to range between USD 20.5 million and USD 21 million. They also discussed strategic expansion efforts, including plans to enter new markets such as Vietnam and potentially Spanish-speaking regions, which align with their goal of becoming a leading global EdTech company.Significant Revenue Growth
Third quarter revenues were USD 14 million, a 79.4% increase from the same quarter last year, driven by an increase in active students and lesson consumption.
Strong Gross Billings
Gross billings grew by 80.7% from the same quarter last year to USD 19.8 million.
Improved Cash Flow
The company achieved a positive cash flow of above $2 million last quarter and anticipates maintaining a positive cash flow throughout 2025.
AI Adoption Success
AI adoption has improved lead conversion rates, tutor management, and student classroom experiences, aligning with the goal of becoming a leading EdTech company.
Future Market Expansion
Plans to expand into new markets such as Vietnam and explore opportunities in Spanish-speaking regions, along with ongoing operations in Southeast Asia and Arabic regions.
---
COE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
COE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 13, 2024 | $17.50 | $16.75 | -4.29% |
| Aug 23, 2024 | $14.48 | $14.52 | +0.28% |
| Jun 12, 2024 | $7.21 | $7.40 | +2.64% |
| Mar 22, 2024 | $6.82 | $7.00 | +2.64% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does China Online Education Group (COE) report earnings?
China Online Education Group (COE) is schdueled to report earning on Mar 12, 2025, TBA Not Confirmed.
What is China Online Education Group (COE) earnings time?
China Online Education Group (COE) earnings time is at Mar 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is COE EPS forecast?
Currently, no data Available
---