ATA Creativity Global (NASDAQ:AACG) Q4 2021 Earnings Conference Call March 17, 2022 9:00 PM ET Company Participants Alice Zhang – Investor Relations Amy Tung – Chief Financial Officer Kevin Ma – Chairman and Chief Executive Officer Jun Zhang – President Conference Call Participants Operator Greetings. Welcome to ATA Creativity Global's Fourth Quarter and Year End 2021 Financial Results. At this time all participants are in a listen-only mode. A question-and-answer session will follow the formal presentatio ...

ATA Creativity Global (NASDAQ:AACG) Q3 2021 Earnings Conference Call November 10, 2021 8:00 PM ET Company Participants Carolyne Sohn - IR Amy Tung - CFO Kevin Ma - CEO Jun Zhang - President Conference Call Participants Operator Greetings, welcome to the ATA Creativity Global's Third Quarter 2021 Financial Results Call. At this time all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] Please note this conference is being record ...

ATA Creativity Global (NASDAQ:AACG) Q2 2021 Earnings Conference Call August 12, 2021 9:00 PM ET Company Participants Carolyne Sohn – Investor Relations Amy Tung – Chief Financial Officer Kevin Ma – Chief Executive Officer Jun Zhang – President Conference Call Participants Lewis Fan – Benchmark Company Operator Greetings, and welcome to the ATA Creativity Global’s Second Quarter 2021 Financial Results Call. At this time all participants are in a listen-only mode. A brief question-and-answer session will foll ...

ATA Creativity Global (NASDAQ:AACG) Q1 2021 Earnings Conference Call May 13, 2021 9:00 PM ET Company Participants Carolyne Sohn – Vice President-The Equity Group Amy Tung – Chief Financial Officer Kevin Ma – Chairman and Chief Executive Officer Jun Zhang – President Conference Call Participants Operator Greetings, and welcome to ATA Creativity Global's First Quarter 2021 Financial Results Conference Call. At this time all participants are in a listen-only mode. A question and answer session will follow the ...

ATA Creativity Global (NASDAQ:AACG) Q4 2020 Earnings Conference Call March 29, 2021 9:00 PM ET Company Participants Carolyne Sohn - Vice President, The Equity Group, Inc Amy Tung - CFO Jun Zhang - President and Director Conference Call Participants Operator Greetings, and welcome to ATA Creativity Global Fourth Quarter and Full Year 2020 Financial Results Conference Call. [Operator Instructions] Please note this conference is being recorded. I would now like to turn the conference over to your host, Carol ...

Financial Data and Key Metrics Changes - Total net revenues for Q3 2020 were RMB 42.2 million, an increase from RMB 40.6 million in Q3 2019, despite a PPA adjustment decrease of RMB 6 million [15] - Gross margin for Q3 2020 was 37.4%, up from 35.9% in the prior year period; excluding PPA adjustments, gross margin would have been 45.2% [15] - Net income attributable to the company was RMB 19.3 million for Q3 2020, compared to a net loss of RMB 25.2 million in the prior year, primarily due to a one-time fair value markup gain of RMB 34.1 million [15] - For the first nine months of 2020, total net revenues were RMB 101.3 million, compared to RMB 43.6 million in the prior year period, with a gross margin of 33.7% [16] - The company had $16.5 million in cash and cash equivalents as of September 30, 2020, with a working capital deficit of $19.9 billion [17] Business Line Data and Key Metrics Changes - Credit hours delivered for portfolio training programs decreased year-over-year but saw a 58.2% sequential increase from Q2 2020, attributed to the resumption of in-person classes [12] - Student enrollment for the period was 1,225, with 666 enrolled in the portfolio training program [13] Market Data and Key Metrics Changes - The educational travel services segment was significantly impacted by the pandemic, with almost all tours canceled [11] - Demand for studying abroad remains high, but many students' plans are on hold due to the pandemic [22] Company Strategy and Development Direction - The company aims to become a leading international education service provider and has adapted its operations to leverage online platforms due to the pandemic [5][18] - The company continues to explore partnerships with prestigious institutions for online boot camps and internships [11][22] - Technology will play a crucial role in growth initiatives, even post-pandemic, focusing on improving online offerings and resource access for students [23] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future enrollment growth as public health conditions improve in China, while remaining cautious about the ongoing pandemic [20] - The company is well-positioned financially and operationally to capitalize on growth opportunities heading into 2021 [20] Other Important Information - The company has authorized a share repurchase plan of up to $1 million, with 450,337 ADS repurchased at an average price of $1.2631 by November 1, 2020 [17] Q&A Session Summary - The operator opened the floor for questions, and management encouraged direct outreach for inquiries, indicating availability for investor discussions [25]