Financial Data and Key Metrics Changes - Total net revenue for Q1 2022 increased by 12.1% to RMB 42.1 million from RMB 37.6 million in Q1 2021 [15] - Gross margin improved to 45.7% in Q1 2022, up from 39.6% in the prior year period [15] - Net loss attributable to the company improved to RMB 15.9 million in Q1 2022 compared to RMB 19 million in Q1 2021 [16] Business Line Data and Key Metrics Changes - Enrollment in the core portfolio training program increased to 537 students in Q1 2022 from 528 students in the prior year [13] - Credit hours delivered for portfolio training programs remained stable at 27,494 hours, with a shift towards project-based programs increasing by 23% while real-time programs decreased by 19% [14] Market Data and Key Metrics Changes - The company faced challenges due to pandemic-related lockdowns in key cities like Shanghai, Shenzhen, and Suzhou, impacting in-person instruction [17] - The shift to online delivery methods was implemented to provide flexibility and support to students during lockdowns [12][17] Company Strategy and Development Direction - The company aims to continue investing in its business and partnerships within the industry to support future growth [19] - ACG is focused on enhancing its portfolio of program offerings as travel restrictions ease, particularly in research-based learning and overseas counseling services [19][24] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about overcoming short-term challenges posed by the pandemic and highlighted the determination of students to continue their studies [17][18] - The company is exploring financing, investing, and M&A opportunities to enable long-term growth while maintaining its competitive advantages in the creative arts education market [24] Other Important Information - The company appointed Ruobai Sima as the new CFO, succeeding Amy Tung, who will remain in an advisory capacity [10][11] - ACG has developed additional short-term programs, both online and in-person, to cater to diverse student needs [22] Q&A Session Summary - No specific questions or answers were documented in the provided content, as the operator concluded the call without opening for questions [25][26]

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 ...

Financial Data and Key Metrics Changes - The company reported a 15% increase in total net revenues for Q1 2021, amounting to RMB 37.6 million, up from RMB 32.7 million in Q1 2020 [13] - Gross margin improved to 39.6% in Q1 2021, compared to 35.8% in the prior-year period [14] - Net loss attributable to the company improved to RMB 19 million from RMB 20.5 million in the prior year [14] - Cash and cash equivalents stood at US$14.6 million, with a working capital deficit of US$26.5 million as of March 31, 2021 [14] Business Line Data and Key Metrics Changes - Student enrollment increased by 41.6% to 964 students in Q1 2021 [11] - The portfolio training program saw a 30.7% increase in student enrollment, totaling 528 students [11] - Credit hours for portfolio training increased by 5.5% to 27,865 [11] Market Data and Key Metrics Changes - The company noted significant year-over-year growth across major programs, including portfolio training, overseas study counseling, research-based learning, and foreign language training [11] - The company is adapting to the ongoing uncertainty in international travel by offering domestic learning experiences and online boot camps [12][19] Company Strategy and Development Direction - The company aims to expand online course offerings and develop new programming in response to the pandemic [19] - ACG is focused on leveraging technology to enhance educational delivery and sales processes, aiming to serve a larger student population across China [20] - The company is optimistic about the recovery trajectory as vaccinations progress globally, which is expected to boost demand for its services [15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding the public health situation in China and its impact on business recovery [15] - The company is prepared to meet the demand for study abroad programs when it is safe to do so, while also offering alternative domestic programs [17] - Management emphasized the importance of maintaining a strong reputation and delivering quality education to support student success [16] Other Important Information - The company is working closely with overseas partners to adapt summer programs in light of ongoing travel restrictions [12] - The management team highlighted the importance of maintaining health and safety for students during the pandemic [21] Q&A Session Summary - There were no questions from participants during the Q&A session, and management encouraged direct communication for any inquiries [22][23]

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 ...