SINGAPORE, Dec. 8, 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 third quarter ended September 30, 2025. Third Quarter 2025 Financial and Operating Highlights [1]Gross billings for the third quarter of 2025 were US$40.5 million, a 104.6% growth from US$19.8 for the third quarter of 2024. Net revenues for the third quarter of 2025 were U ...

Core Insights - 51Talk Online Education Group reported significant growth in its first quarter of 2025, with net revenues reaching US$18.2 million, a 93.1% increase year-over-year from US$9.4 million [7][8] - The company experienced a 74.6% increase in gross billings, totaling US$21.9 million compared to US$12.6 million in the same quarter last year [3][8] - Active students with attended lesson consumption rose to approximately 81,100, marking a 75.5% increase from 46,200 in the first quarter of 2024 [7][8] Financial Performance - Gross margin for the first quarter of 2025 was 77.0%, slightly down from 77.5% in the same quarter last year [10] - Cost of revenues increased to US$4.2 million, a 97.6% rise from US$2.1 million year-over-year, primarily due to higher service fees paid to teachers [9] - Gross profit for the quarter was US$14.0 million, reflecting a 91.8% increase from US$7.3 million in the previous year [9] Operating Expenses - Total operating expenses for the first quarter of 2025 were US$15.3 million, a 35.6% increase from US$11.3 million in the same quarter last year [11] - Sales and marketing expenses rose to US$11.1 million, a 42.7% increase from US$7.8 million year-over-year [12] - General and administrative expenses increased to US$3.2 million, a 23.8% rise from US$2.6 million in the same quarter last year [14] Loss and Net Income - The operating loss for the first quarter of 2025 was US$1.3 million, an improvement from a loss of US$4.0 million in the same quarter last year [15] - Net loss attributable to ordinary shareholders was US$1.5 million, compared to a net loss of US$4.0 million for the same period last year [16] - Basic and diluted net loss per share attributable to ordinary shareholders was US$0.004, down from US$0.01 in the same quarter last year [17] Balance Sheet - As of March 31, 2025, the company had total cash, cash equivalents, and time deposits of US$29.5 million, slightly up from US$29.2 million at the end of 2024 [21] - Advances from students increased to US$47.9 million, compared to US$45.1 million at the end of the previous year [21] Outlook - For the second quarter of 2025, the company expects net gross billings to be between US$24.5 million and US$25.5 million, representing a sequential growth of 11.7% to 16.3% and an increase of approximately 54.4% to 60.7% from the same quarter last year [23]

Company Overview - 51Talk Online Education Group is a global online education platform specializing in English education, aiming to make quality education accessible and affordable [4] - The company utilizes online and mobile platforms to provide live interactive English lessons, connecting students with qualified teachers through a shared economy approach [4] Financial Performance - For the fourth quarter of 2024, gross billings reached US$21.4 million, reflecting a 93.4% growth compared to the fourth quarter of 2023 [7] - Net revenues for the same period were US$16.2 million, marking a 117.3% increase from US$7.5 million in the fourth quarter of 2023 [7] - The number of active students who attended lessons was approximately 74,200, representing an 83.2% increase from about 40,500 in the fourth quarter of 2023 [7] Investor Engagement - David Chung, Vice President of Investor Relations, will present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference on May 15, 2025, aimed at introducing global companies with ADR programs to investors [1] - The conference will be a live, interactive online event allowing real-time questions from investors, with an archived webcast available for those unable to attend live [2]

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].