Core Viewpoint - 51Talk Online Education Group has filed its annual report for the fiscal year ended December 31, 2024, with the SEC, highlighting its commitment to transparency and regulatory compliance [1]. Company Overview - 51Talk is a global online education platform specializing in English education, aiming to make quality education accessible and affordable [3]. - The company utilizes online and mobile platforms to provide live interactive English lessons, connecting students with a large pool of qualified teachers through a shared economy model [3]. - 51Talk employs student and teacher feedback along with data analytics to create a personalized learning experience for its users [3]. Access to Financial Information - The annual report can be accessed on the company's investor relations website and the SEC's website, ensuring that stakeholders have easy access to important financial information [2]. - The company offers to provide a hard copy of its annual report, including audited consolidated financial statements, free of charge to shareholders and ADS holders upon request [2].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIE ...

51Talk Online Education Group (NYSE:COE) Q4 2024 Results Conference Call March 21, 2025 8:00 AM ET Company Participants David Chung - IR Jack Huang - CEO Cindy Tang - CFO Operator Hello, ladies and gentlemen, thank you for standing by for 51Talk Online Education Group's Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. Today's conference call is being recorded. I would now like to turn the call over to your host, Mr. . David Chung, Investor Relations for ...

SINGAPORE, March 21, 2025 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE American: COE), a global online education platform with core expertise in English education, announced its unaudited results for the fourth quarter and full year ended December 31, 2024. Full Year 2024 Financial and Operating Highlights Gross billings[1] for 2024 were US$69.6 million, a 74.4% growth from 2023. Net revenues were US$50.7 million for 2024, an 87.0% increase from US$27.1 million for 2023. ...

Core Viewpoint - 51Talk Online Education Group will report its unaudited financial results for Q4 and the full year ended December 31, 2024, on March 21, 2025, before U.S. market opening [1] Earnings Call Details - The earnings conference call is scheduled for 8:00 a.m. U.S. Eastern Time on March 21, 2025, which corresponds to 8:00 p.m. Singapore/Beijing/Hong Kong time on the same day [2] - Dial-in details for the call include a U.S. toll-free number (1-888-346-8982) and international numbers, with participants advised to connect at least 5 minutes prior to the start [2] Webcast and Replay Information - A live and archived webcast of the conference call will be available on the company's investor relations website [3] - A replay of the conference call will be accessible approximately one hour after the live call until March 28, 2025, with specific numbers provided for access [3] Company Overview - 51Talk is a global online education platform specializing in English education, aiming to make quality education accessible and affordable [3] - The company utilizes online and mobile platforms to offer live interactive English lessons on demand, connecting students with qualified teachers through a shared economy approach [3]

Financial Data and Key Metrics Changes - The company's net revenues for Q3 2024 were US$14 million, representing a 79.4% increase compared to the same quarter last year, primarily driven by an increase in active students and lesson consumption [13] - Gross margin for Q3 was 78.7%, while gross billings grew by 80.7% year-over-year to US$19.8 million [14] - Operating expenses for Q3 were US$11.8 million, a 20.6% increase from the same quarter last year, with specific increases in sales and marketing expenses [14] - The overall operating loss for Q3 was US$0.8 million, and the net loss attributable to ordinary shareholders was US$0.6 million, reflecting a decrease of 79.6% and 83.6% respectively from the same quarter last year [15] - The total cash, cash equivalents, and time deposits at the end of Q3 were US$25.6 million, with advances from students amounting to US$39.7 million [16] Business Line Data and Key Metrics Changes - The increase in net revenues was largely attributed to the growth in active students and lesson consumption, indicating a strong performance in the core online education business [13] Market Data and Key Metrics Changes - The company is actively pursuing market expansion, particularly in Southeast Asia, with plans to enter the Vietnamese market and explore opportunities in the Spanish-speaking market [23][24] Company Strategy and Development Direction - The company is focused on sustainable growth and localization strategies globally, while also looking to enhance service offerings with supplementary products for existing students [9] - The adoption of AI technologies has been highlighted as a significant driver for improvements in lead conversion rates, tutor management, and student classroom experiences [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining growth momentum despite anticipated seasonality, with a target for quality growth in 2025 [21] - The company aims to achieve positive cash flow for the entire year of 2025, building on the positive cash flow of over US$2 million achieved in the previous quarter [22] Other Important Information - The company anticipates net gross billings for Q4 2024 to be between US$20.5 million and US$21 million, based on current market conditions [16] Q&A Session Summary Question: Insights on cash flow and profitability for next year - Management emphasized that the top priority is growth, with a positive cash flow target for 2025 and confidence in achieving this based on previous performance [21][22] Question: Details on new market expansions - The company is expanding into Southeast Asia, specifically Vietnam, and is considering pilot programs in the Spanish-speaking market due to its large population [23][24]

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, announced that its students showcased their talent at the 29th United Nations Climate Change Conference (COP29), which took place in Baku, Azerbaijan. The event, held from November 11 to 22, 2024, brought together Heads of State, policymakers, environmental advocates, and youth leaders from around the globe. Amo ...

Core Insights - 51Talk Online Education Group reported strong financial performance for Q3 2024, with gross billings of US$19.8 million, reflecting an 80.7% year-over-year growth, and net revenues of US$14.0 million, a 79.4% increase from the previous year [2][6][8]. Financial Performance - Gross billings for Q3 2024 were US$19.8 million, an increase of 80.7% compared to US$10.9 million in Q3 2023 [3]. - Net revenues reached US$14.0 million, up from US$7.8 million in the same quarter last year, marking a 79.4% growth [3][6]. - The number of active students with attended lesson consumption was approximately 65,700, representing an 82.5% increase from 36,000 in Q3 2023 [3][6]. Profitability Metrics - Gross profit for Q3 2024 was US$11.1 million, an 85.3% increase from US$6.0 million in Q3 2023 [8]. - Gross margin improved to 78.7% in Q3 2024, compared to 76.3% in the same quarter last year [9]. Operating Expenses - Total operating expenses for Q3 2024 were US$11.8 million, a 20.6% increase from US$9.8 million in Q3 2023, primarily driven by higher sales and marketing expenses [10]. - Sales and marketing expenses rose to US$8.2 million, an 18.3% increase from US$6.9 million in the same quarter last year [11]. Loss Metrics - The operating loss for Q3 2024 was US$0.8 million, significantly improved from an operating loss of US$3.9 million in Q3 2023 [14]. - Net loss attributable to ordinary shareholders was US$0.6 million, compared to a net loss of US$3.9 million in the same quarter last year [15]. Cash Flow and Balance Sheet - As of September 30, 2024, the company had total cash, cash equivalents, and time deposits of US$25.6 million, up from US$23.4 million at the end of 2023 [20]. - Advances from students increased to US$39.7 million as of September 30, 2024, compared to US$27.2 million at the end of 2023 [20]. Future Outlook - For Q4 2024, the company expects net gross billings to be between US$20.5 million and US$21.0 million, indicating a sequential growth of 3.7% to 6.2% [21].

Earnings Call Scheduled for 8:00 a.m. ET on December 13, 2024SINGAPORE, Dec. 12, 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 that it will report its unaudited financial results for the third quarter ended September 30, 2024 on Friday, December 13, 2024, before the open of U.S. markets.The Company's management will host an earnings conference call at 8:00 a.m. ...

Company Overview - 51Talk, also known as 51Talk Worry-Free English, is a prominent online education platform in China focusing on English education [2] - The company aims to make quality education accessible and affordable through its online and mobile platforms, allowing students to engage in live interactive English lessons with foreign teachers [2] Financial Performance - The latest financial report indicates that 51Talk generated revenue of $10.96 million, with a net loss of $1.25 million [1] - Earnings per share were reported at -$0.22, and the gross profit amounted to $8.56 million [1] - The price-to-earnings ratio stands at -7.26, reflecting the company's current financial challenges [1] Stock Performance - Shares of 51Talk experienced a significant drop of 6.75%, with the stock priced at $13.06 at the latest report [1] - The trading volume was recorded at 7,017 shares, with a turnover rate of 0.12% and an amplitude of 6.68% [1] - Currently, there are no institutional ratings for 51Talk, such as buy, hold, or sell recommendations [1] Industry Context - The broader education services sector saw an overall decline of 0.67%, although some related stocks like Mynd Ai Inc., Legacy Education Inc., and Sunlands Online Education Group experienced substantial gains [2] - Active stocks in the sector include Ambow Education, Lixiang Education, and China Futong Education, with turnover rates of 172.60%, 3.73%, and 3.09% respectively [2] - Stocks with higher volatility in the sector include Mynd Ai Inc., Ambow Education, and Sunlands Online Education Group, with amplitudes of 22.92%, 20.65%, and 19.53% respectively [2]