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Four Seasons Education Regains Compliance with NYSE Continued Listing Standards
Prnewswire· 2026-02-12 10:00
Four Seasons Education Regains Compliance with NYSE Continued Listing Standards [Accessibility Statement] Skip NavigationSHANGHAI, Feb. 12, 2026 /PRNewswire/ -- Four Seasons Education (Cayman) Inc. ("Four Seasons Education" or the "Company") (NYSE: FEDU), a tourism and education-related service provider in China, today announced that on February 10, 2026, the Company received a notification letter (the "Compliance Notice") from the New York Stock Exchange (the "NYSE"), informing the Company that it has rega ...
Four Seasons Education Reports First Half of Fiscal Year 2026 Unaudited Financial Results
Prnewswire· 2025-12-02 10:45
Core Viewpoint - Four Seasons Education reported solid growth in the first half of fiscal year 2026, with total revenue reaching RMB145.3 million, a 7.9% increase year-over-year, and a significant rise in net income by 313.9% to RMB12.4 million, driven by a healthy product mix and efficiency gains [5][7][15]. Financial and Operational Highlights - Total revenue increased by 7.9% to RMB145.3 million (US$20.4 million) from RMB134.7 million in the same period last year [7][8]. - Gross profit rose by 30.9% to RMB38.8 million (US$5.4 million) compared to RMB29.7 million in the same period last year, attributed to the growth in the enrichment learning business [10][15]. - Operating income was RMB9.2 million (US$1.3 million), a turnaround from an operating loss of RMB5.7 million in the same period last year [12]. - Adjusted operating income (non-GAAP) was RMB9.8 million (US$1.4 million), compared to an adjusted operating loss of RMB1.6 million in the same period last year [12][15]. - Net income reached RMB12.4 million (US$1.7 million), up from RMB3.0 million in the same period last year [15]. - Adjusted net income (non-GAAP) was RMB13.7 million (US$1.9 million), compared to RMB2.1 million in the same period last year [15]. - Basic and diluted net income per American Depositary Share (ADS) were RMB4.53 (US$0.63) and RMB4.48 (US$0.63), respectively, compared to both RMB0.98 in the same period last year [16]. Cost and Expense Management - Cost of revenue was RMB106.5 million (US$14.9 million), slightly up from RMB105.0 million in the same period last year, primarily due to increased staff costs in the enrichment learning business [9]. - General and administrative expenses decreased by 10.7% to RMB24.3 million (US$3.4 million) from RMB27.2 million in the same period last year, mainly due to reduced share-based compensation expenses [11]. - Sales and marketing expenses decreased by 34.3% to RMB5.3 million (US$0.7 million) from RMB8.1 million in the same period last year, attributed to lower advertising activities [12]. Strategic Outlook - The company plans to prudently expand its enrichment learning business while strategically scaling capacity in line with market demand to ensure sustainable growth [5]. - There is a focus on shifting the tourism product portfolio towards higher-margin, value-added offerings to create a more resilient business model [5]. - The management emphasizes operational efficiency, strategic execution, and a diverse service and product portfolio to drive profitable growth and enhance long-term competitiveness [5].