Saturday 17 October 2026 Export AACG’s income statement to Excel — free account

ATA Inc.

AACG Consumer Defensive Education & Training Services

ATA Inc.’s revenue for fiscal 2025 (year ended December 2025) was $38.3 million, up 4.40% from fiscal 2024. In the quarter to December 2025, revenue was flat, EPS fell 300.0%, free cash flow grew 128.6% and total debt rose 86.9%, each against the same quarter a year earlier. Revenue growth for three consecutive years.

0.95 0.32 +50.79%

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Market cap: $27.2M
P/E: 0.0×
Fwd P/E: —
Dividend yield: —
F-score: 3/9
Altman Z: −1.90
Beneish M: −3.68
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 72.12%

Capital & Financial Ratios $m

Market Cap 27.24

Revenue 38.34

Net Income (6.87)

Free Cash Flow (4.72)

Net Debt (7.81)

Current Ratio 0.32

Debt/Equity 0.96

P/E ratio 0.00

Fwd P/E —

P/S ratio 0.79

P/B ratio 6.59

Past 5Y EPS Growth —

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth —

Next 5Y EPS Growth 25.00%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 23.18%

10-year low 10-year high

P/B against its own 10 years 94.21%

10-year low 10-year high

EV/Sales against its own 10 years 19.84%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	0.00	6.00
2017	0.41	0.41

special payouts not included in total or ratios

Assets vs Liabilities $m

	2022	2023	2024	2025
Cash	8	8	5	12
Receivables	1	0	0	0
Inventory	—	—	—	—
Other	—	—	—	—
	9	10	9	16

	2022	2023	2024	2025
Payables	—	—	—	—
ST’ Debt	2	—	—	0
Other	—	—	—	—
	42	44	49	49

Compound Annual Growth %

	10y	5y	3y
Sales	(5.23%)	9.06%	8.54%
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	(22.82%)	(31.60%)	(39.65%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	8	8	9	13	38
’24	7	7	10	13	37
’23	6	5	8	12	31
’22	7	5	7	11	30
’21	6	6	9	12	32
’20	5	4	6	10	25

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	(3)	1	(2)
’24	—	—	—	0	0
’23	—	—	—	1	1
’22	—	—	—	(2)	(2)
’21	—	—	—	(5)	(5)
’20	—	—	—	(4)	(4)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	(3)	1	(2)
’24	—	—	—	(3)	(3)
’23	—	—	—	1	1
’22	—	—	—	(2)	(2)
’21	—	—	—	(6)	(6)
’20	—	—	—	(5)	(5)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	(0.06)	(0.04)	0.02	(0.12)	(0.22)
’24	(0.08)	(0.08)	(0.06)	0.06	(0.16)
’23	(0.08)	(0.08)	(0.04)	0.04	(0.16)
’22	(0.08)	(0.10)	(0.06)	0.02	(0.22)
’21	(0.10)	0.06	(0.14)	(0.02)	(0.18)
’20	(0.10)	(0.16)	0.08	(0.28)	(0.48)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	3.30	2.96	0.82	0.90	0.61	1.00	0.88	0.79	0.50	0.71	Analyst estimates 2026–2028 Powerpack
	High	7.32	6.62	6.87	4.50	1.87	19.75	2.94	2.49	1.65	2.58
People
People	Employees	446	483	101	768	580	584	536	581	599	489
	Revenue/emp, $m	0.00	0.00	0.00	0.02	0.04	0.05	0.06	0.05	0.06	0.08
Income, $m
Income, $m	Revenue	66	96	0	14	25	32	30	31	37	38
	Gross margin, %	48.82	46.40	(217.62)	36.67	39.25	51.83	49.56	51.74	52.70	48.60
	EBT	8	12	(10)	(20)	(17)	(6)	(8)	(6)	(6)	(7)
	EBT margin, %	12.90	12.06	(5,083.72)	(144.48)	(68.36)	(18.77)	(26.36)	(18.28)	(15.85)	(19.26)
	Net income	4	4	124	(19)	(15)	(6)	(7)	(5)	(5)	(7)
	Depreciation	1	1	2	3	5	4	3	3	3	3
Per share, $
Per share, $	Revenue	2.87	4.21	0.01	0.55	0.79	1.01	0.96	0.99	1.17	1.21
	Earnings	0.09	0.09	5.30	(0.72)	(0.48)	(0.18)	(0.22)	(0.16)	(0.16)	(0.22)
	Cash flow	0.44	0.62	(1.99)	(0.33)	(0.14)	(0.16)	(0.07)	0.04	(0.01)	(0.07)
	Capex	0.00	0.00	(0.06)	(0.01)	(0.02)	(0.02)	(0.01)	(0.01)	(0.09)	(0.01)
	Free cash flow	0.44	0.62	(2.05)	(0.33)	(0.16)	(0.18)	(0.07)	0.03	(0.10)	(0.08)
	Book value	2.67	2.45	1.75	1.72	0.97	0.95	0.66	0.51	0.35	0.14
	Shares, m	23	23	23	25	31	31	31	31	31	32
Valuation, ×
Valuation, ×	P/E	24.63	8.76	0.14	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	1.28	1.09	0.29	2.47	1.50	1.06	1.32	0.98	0.73	0.65
	P/B	1.42	2.22	0.50	0.79	1.22	1.12	1.90	1.91	2.45	5.48
	EV/Sales	0.78	0.75	(0.13)	1.07	1.00	0.91	1.23	0.82	0.72	0.45
	EV/FCF	1.89	2.94	(0.33)	0.96	4.45	(2.97)	(1.71)	(2.10)	(2.55)	(3.66)
Cash, $m
Cash, $m	Operating cash flow	10	14	(45)	(8)	(4)	(5)	(2)	1	0	(2)
	Capex	0	(3)	(1)	0	(1)	(1)	0	0	(3)	0
	Free cash flow	10	14	(47)	(8)	(5)	(6)	(2)	1	(3)	(2)
Balance, $m
Balance, $m	Working capital	38	35	28	(12)	(24)	(30)	(33)	(34)	(39)	(33)
	Total debt	—	1	—	3	5	6	5	1	2	4
	Net debt	(38)	(39)	(28)	(20)	(13)	(5)	(3)	(7)	(3)	(8)
	Shareholders’ equity	61	56	40	44	31	30	21	16	11	5
Returns, %
Returns, %	ROA	5.59	5.35	178.68	(25.26)	(15.25)	(6.29)	(9.36)	(7.18)	(7.86)	(11.36)
	ROIC	0.00	0.00	(49.50)	(40.27)	(52.44)	(25.89)	(28.33)	(41.63)	(44.66)	0.00
	ROE	6.68	7.71	252.72	(43.83)	(37.96)	(17.46)	(27.36)	(25.82)	(36.87)	(88.74)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Dec 2025

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
COE 51Talk Online Education Group Sponsored ADR	$49.8M	— (loss-making)	— (loss-making)	+58.75% (above 0%: growing)	n/m	+314.66% (above 0%: growing)	73.89%	(6.49%)	Compare
JDZG JIADE Limited	$33.7M	—	—	—	—	—	—	—	Compare
RYET Ruanyun Edai Technology Inc	$30.9M	—	—	—	—	−405.57% (below 0%: shrinking)	—	—	Compare
AACG ATA Inc.	$27.2M	— (loss-making)	—	+0.32% (above 0%: growing)	n/m	+128.61% (above 0%: growing)	55.84%	(25.77%)
GNS Genius Group Limited	$26.4M	— (loss-making)	— (loss-making)	+83.55% (above 0%: growing)	n/m	−9,487.34% (below 0%: shrinking)	44.79%	0.00%	Compare
IH iHuman Inc. Sponsored ADR	$25.4M	19.5×	— (loss-making)	−8.55% (below 0%: shrinking)	n/m	+613.66% (above 0%: growing)	64.14%	(11.99%)	Compare
FEDU Four Seasons Education (Cayman) Inc. Unsponsored ADR	$24.9M	— (loss-making)	— (loss-making)	−68.29% (below 0%: shrinking)	n/m	−81.34% (below 0%: shrinking)	43.16%	0.00%	Compare
YQ 17 Education & Technology Group Inc. Sponsored ADR	$23.3M	— (loss-making)	— (loss-making)	+274.34% (above 0%: growing)	n/m	+124.09% (above 0%: growing)	69.17%	(0.70%)	Compare
YOUL Youlife Group Inc.	$20.2M	2.4×	3.0×	—	n/m	+1,055.84% (above 0%: growing)	—	—	Compare
Median of peers	$25.9M	—	—	+58.75%	—	+124.09%	64.14%	(0.70%)

All 46 Education & Training Services stocks →

ATA Inc. (AACG) key facts

Strength: ATA Inc.’s revenue for fiscal 2025 (year ended December 2025) was $38.3 million, up 4.40% from fiscal 2024.
ATA Inc. (AACG) is an Education & Training Services company in the Consumer Defensive sector, traded in the US as an ADR.
As of October 16, 2026, AACG traded at $0.95, a market capitalization of $27.2 million.
Return on equity was −88.7% and debt-to-equity 0.96.
Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −1.90 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.