51Talk(COE) - 2023 Q2 - Quarterly Report

Exhibit 99.1 51Talk Online Education Group Announces First Quarter 2023 Results SINGAPORE, April 26, 2023 -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE: COE), a global online education platform with core expertise in English education, announced its unaudited results for the first quarter ended March 31, 2023. First Quarter 2023 Financial and Operating Highlights · Net revenues were US$5.6 million, a 195.6% increase from US$1.9 million for the first quarter of 2022. · Gross margin was 7 ...