Financial Performance - For the fourth quarter of fiscal year 2024, net revenue increased by 32.1% year-over-year to 1,136.7million[3].−Operatingprofitforthefourthquarterdecreasedby78.110.5 million[3]. - Net profit attributable to New Oriental shareholders for the fourth quarter decreased by 6.9% year-over-year to 27.0million[3].−Forthefullfiscalyear2024,netrevenuewas4,313.6 million, representing a 43.9% increase from 2,997.8millioninfiscalyear2023[5].−Fullyearoperatingprofitincreasedby84.4350.4 million compared to 190.0millioninthepreviousyear[5].−Thecompanyreportedatotalcurrentassetvalueof5.39 billion, up from 4.41billion,markinganincreaseofapproximately22.24,313,586, an increase of 43.8% from 2,997,760inthefiscalyear2023[31].−OperatingprofitforthefiscalyearendedMay31,2024,was350,425, an increase of 84.5% compared to 190,046inthefiscalyear2023[31].−NetprofitattributabletoshareholdersforthefiscalyearendedMay31,2024,was309,591, an increase of 74.5% from 177,341inthefiscalyear2023[31].RevenueGrowth−Thecompanyreporteda50.31,136.7 million, a year-over-year increase of 32.1% driven by new educational services and the growth of self-operated products and live e-commerce business[11]. - The company expects Q1 FY2025 net revenue (excluding live e-commerce business) to be between 1,254.7millionand1,283.5 million, reflecting a year-over-year growth rate of 31% to 34%[17]. Operating Expenses - Operating costs and expenses for the quarter were 1,126.2million,ayear−over−yearincreaseof38.61,100.4 million[12]. - Total operating expenses for the three months ended May 31, 2024, were 1,126,152,anincreaseof38.7812,517 in the same period of 2023[25]. - The total operating expenses, excluding stock-based compensation, were 3,840,703,000fortheperiod,upfrom2,717,926,000 in 2023, indicating a rise of 41.2%[33]. Profit Margins - The company's GAAP operating profit margin for the quarter was 0.9%, while the Non-GAAP operating profit margin was 3.2%[8]. - The company's operating profit for the quarter was 10.5million,adeclineof78.11,389.4 million, with short-term investments amounting to 2,065.6million[14].−Cashandcashequivalentsdecreasedto1.39 billion from 1.66billion,adeclineofabout16.47.53 billion, an increase from 6.39billionasofMay31,2023,representingagrowthofapproximately17.71,122,643,000 for the period, compared to 971,008,000in2023,anincreaseof15.6400 million, with approximately 7.3 million ADS repurchased for about 296.1millionasofJuly30,2024[10].−BasicanddilutedearningsperAmericanDepositaryShare(ADS)forthethreemonthsendedMay31,2024,were0.16, compared to 0.18forthesameperiodin2023[28].−BasicearningsperAmericanDepositaryShare(ADS)increasedto2.30 for the period, compared to 1.54in2023,representingagrowthof49.41,780.1 million, a 33.1% increase from $1,337.6 million at the end of Q4 FY2023[14].