Strong Revenue Growth
The company recorded net revenues of $610.2 million for the fourth quarter, reflecting year-over-year growth of 42.1% in USD terms and 44.3% in RMB terms. For the full fiscal year, net revenues totaled $2.3 billion, up 51% year-over-year.
Peiyou Small Class Retention Rate
The retention rate for Peiyou Small Class reached 80% during the fiscal quarter, indicating strong customer satisfaction and engagement.
New Appointment to the Board
Mr. Yi Wang was welcomed as the new Independent Director and Chairman of the Compensation Committee, bringing extensive experience to strengthen TAL's strategic direction and governance.
Cash and Investments Position
As of February 28, 2025, the company held $3.2 billion in cash, cash equivalents, short-term investments, and restricted cash, providing a strong financial base for future growth and investments.