51Talk Online Education Group Announces Third Quarter 2024 Results
51Talk Online Education Group American depositary shares, each representing 60 Class A ordinary shares (COE)
Last 51talk online education group american depositary shares, each representing 60 class a ordinary shares earnings: 5/22 05:00 am
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US:NYSE Investor Relations:
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Source: PR Newswire
SINGAPORE, Dec. 13, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE American: COE), a global online education platform with core expertise in English education, today announced its unaudited results for the third quarter ended September 30, 2024.Third Quarter 2024 Financial and Operating HighlightsGross billings[1] for the third quarter of 2024 were US$19.8 million, an 80.7% growth from the third quarter of 2023.Net revenues were US$14.0 million for the third quarter of 2024, a 79.4% increase from the third quarter of 2023.The number of quarterly active students with attended lesson consumption was approximately 65,700 in the third quarter of 2024, representing an 82.5% increase from the third quarter of 2023. Key Financial and Operating Data For the three months endedSeptember 30,September 30,Y-o-Y20232024ChangeNet Revenues (in US$ millions)7.814.079.4 %Gross Margin76.3 %78.7 %2.4 percentage points
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News
- 51Talk Online Education Group (NYSE: COE) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- 51Talk's Students Showcase Talent at COP29PR Newswire
- 51Talk Online Education Group to Report Third Quarter 2024 Financial Results on Friday, December 13, 2024PR Newswire
- 51Talk Online Education Group (NYSE: COE) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- 51Talk Online Education Group (NYSE: COE) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
COE
Sec Filings
- 12/17/24 - Form SC
- 12/13/24 - Form 6-K
- 10/10/24 - Form SC
- COE's page on the SEC website