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Stock impact report

ATA Creativity Global (AACG) Q3 2024 Earnings Call Highlights: Revenue Growth Amid Rising Costs [Yahoo! Finance]

ATA Creativity Global - American Depositary Shares, each representing two common shares (AACG) 
Company Research Source: Yahoo! Finance
Gross Margin (Q3 2024): 44.6%, down from 49.2% in Q3 2023. Total Operating Expenses (Q3 2024): RMB47.7 million, up 28.4% from RMB37.1 million in Q3 2023. Net Loss (Q3 2024): RMB14.7 million, compared to RMB7.3 million in Q3 2023. Total Net Revenue (9 months 2024): RMB167.1 million, up 21.1% from RMB138 million in 9 months 2023. Gross Profit (9 months 2024): RMB77.6 million, up 24.6% from RMB52.3 million in 9 months 2023. Gross Margin (9 months 2024): 46.4%, up from 45.1% in 9 months 2023. Total Operating Expenses (9 months 2024): RMB137.7 million, up 22% from RMB112.9 million in 9 months 2023. Net Loss (9 months 2024): RMB49.4 million, compared to RMB42.2 million in 9 months 2023. Cash and Cash Equivalents (as of September 30, 2024): RMB39.4 million. Total Assets (as of September 30, 2024): RMB459.4 million. Total Liabilities (as of September 30, 2024): RMB393.2 million. Total Shareholders' Equity (as of September 30, 2024): RMB66.2 million. Student Enrollment Show less Read more
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