Financial Data and Key Metrics Changes - Total net revenues for Q3 2025 were RMB 67.3 million, relatively stable compared to Q3 2024 [6] - Gross margin for Q3 2025 was RMB 26.4 million, down from RMB 30 million in Q3 2024, resulting in a gross margin percentage of 39.2% compared to 44.6% in the prior year [7] - Net income attributed to ACG in Q3 2025 was RMB 2.4 million, a significant improvement from a net loss of RMB 14.7 million in the prior year [8] - For nine months 2025, total net revenues increased by 7.1% to RMB 179 million from RMB 167.1 million in the prior year [9] - Net loss attributed to ACG for nine months 2025 was RMB 21.7 million, compared to RMB 49.4 million in the prior year [10] Business Line Data and Key Metrics Changes - Portfolio training services accounted for 71.9% of total net revenues, with project-based program credit hours delivered increasing by 22.9% compared to Q3 2024 [4] - Revenues from research-based learnings and overseas study counseling increased during the period due to more services delivered [4] - Total student enrollment for Q3 2025 was 1,052, down from 1,289 in the prior year period, reflecting normalized demand [10] Market Data and Key Metrics Changes - The company anticipates total net revenues for the full year 2025 to be between RMB 276 million and RMB 281 million, representing a year-over-year increase of around 3-5% from 2024 [11] - The company is focusing on expanding its services to cater to a growing student population with diverse arts backgrounds [13] Company Strategy and Development Direction - The company plans to consolidate select campuses in less active markets while expanding online classroom capacity [14] - New online master classes co-developed with prestigious universities are being introduced to enhance educational offerings [15] - The company aims to balance expansion with operating efficiency to strengthen market position and enhance student outcomes [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in ongoing investments in strategic growth initiatives and a strong focus on cost management to drive sustainable value creation [16] - The company is committed to delivering high-quality educational services while maintaining financial resilience in a competitive market [16] Other Important Information - Total operating expenses for Q3 2025 were RMB 37 million, a decrease of 22.4% from RMB 47.7 million in Q3 2024 [7] - The company has a cash and cash equivalents balance of RMB 96.8 million as of September 30, 2025 [10] Q&A Session Summary - There were no questions during the Q&A session, and the call concluded with an invitation for future inquiries [17][18]

Financial Data and Key Metrics Changes - Total net revenues for Q2 2025 were RMB 55.9 million, an increase of 8% from RMB 51.8 million in Q2 2024, primarily due to increased contributions from overseas study counseling programs and other educational services [9][10] - Gross profit for Q2 2025 was RMB 28.3 million, an increase of 10.2% from RMB 25.7 million in Q2 2024, driven by higher net revenues [9][10] - Gross margin improved to 50.6% in Q2 2025 from 49.6% in the prior year period [10] - Net loss attributable to ACG in Q2 2025 was RMB 10.8 million, compared to RMB 16.8 million in the prior year period [11] Business Line Data and Key Metrics Changes - Portfolio training services accounted for 68% of total net revenues, with project-based programs credit hours delivered increasing by 25.7% compared to Q2 2024 [6][9] - Revenues from research-based learning, overseas study counseling, and other educational services grew by 54.2% compared to the prior year period [6][9] Market Data and Key Metrics Changes - Total student enrollment for Q2 2025 was 1,050, a decrease of 3.1% from the prior year period, attributed to normalized demand in 2025 [14] - Credit hours delivered slightly increased by 0.3% compared to the prior year period, with a significant increase in project-based programs [14][15] Company Strategy and Development Direction - The company aims to drive organic growth across all business lines while enhancing cost discipline and overall efficiency [18][22] - ACG plans to expand its geographic footprint and international partnership network, particularly in regions with growing student interest [21][22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's market position despite intensified competition, emphasizing the focus on organic growth and improving service offerings [18][20] - For full year 2025, the company expects total net revenues to be between RMB 276 million to RMB 281 million, representing a year-over-year increase of around 3% to 5% from 2024 [16] Other Important Information - The company recorded significant revenue growth in overseas study counseling services, with students receiving over 4,000 offers from prestigious institutions [7][8] - The company has introduced new programs and experiences to align with evolving student interests, including career-oriented disciplines [21][22] Q&A Session Summary Question: Are there any questions at this time? - There were no questions during the Q&A session [24]

ATA Creativity Global NASDAQ: AACG 2024 FOURTH QUARTER EARNINGS CALL March 25, 2025 Speakers: Kevin Ma, Chairman & CEO Ruobai Sima, CFO Jun Zhang, President P A G E 1 Safe Harbor Statement This presentation was developed by ATA Creativity Global ("ACG" or the "Company") and is intended to be used solely in connection with ACG's earnings call for the fourth quarter (Q4 2024") and full year ("FY 2024") ended December 31, 2024. This presentation is not to be construed as an offer to sell or the solicitation of ...