51Talk Online Education Group Sponsored ADR

COE Consumer Defensive Education & Training Services

51Talk Online Education Group Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $95.6 million, up 88.6% from fiscal 2024.

Revenue
+58.8%
EPS
+1.92%
Free cash flow
+314.7%

Quarter to June 2026, against a year earlier

11.22 0.06 −0.53%
Market cap
$47.8M
P/E
0.0×
Fwd P/E
−2.1×
Dividend yield
—
F-score
4/9
Altman Z
−6.59
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 262.56
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — 2 5 5 4 7 2 1 — —
Sell — — — — — — — — — — — —
Insider Ownership 37.22%

Capital & Financial Ratios $m

Size
Market Cap 47.80
Revenue ttm 120.53
Net income ttm (16.86)
Free cash flow ttm 96.40
Net debt Q (40.07)
Valuation
P/E 0.00
Forward P/E (2.07) (negative: loss-making)
Price / sales 0.56
Forward P/S Powerpack
Price / FCF 0.72
Price / book 0.00
Financial health
Current ratio Q 0.62 (below 1: weak)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q —
Growth
Revenue growth Q +58.75% (above 0%: growing)
Operating income growth Q +33.46% (above 0%: growing)
EPS, this year —
EPS, next year A —
Revenue, next year A +755.00% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 15.52%
10-year low 10-year high
EV/Sales against its own 10 years 14.49%
10-year low 10-year high
EV/FCF against its own 10 years 36.71%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 23 29 39 40
Receivables — — — —
Inventory — — — —
Other 6 11 21 24
30 40 60 65
2023 2024 2025 Q'26
Payables — — — —
ST’ Debt — — — —
Other 27 45 77 87
39 57 95 105

Compound Annual Growth %

10y 5y 3y
Sales — (21.21%) 85.21%
Cash Flow — (36.02%) 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.39) (0.51) — — —
’25 (0.25) (0.52) (0.80) (1.08) (2.84)
’24 (0.65) (0.22) (0.11) (0.24) (1.25)
’23 (0.43) (0.51) (0.68) (0.99) (2.46)
’22 (3.80) (2.68) (0.50) (0.36) (7.61)
’21 0.20 (0.76) — 1.45 3.42
’20 1.28 0.80 0.80 0.84 3.96
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 31 32 — — —
’25 18 20 26 31 96
’24 9 11 14 16 51
’23 6 6 8 7 27
’22 2 4 5 5 15
’21 92 90 — 65 1
’20 69 70 79 97 315
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — 12 12
’24 — — — 6 6
’23 — — — — 1
’22 — — — — (46)
’21 — — — — (105)
’20 24 — — — 110
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — 10 10
’24 — — — 6 6
’23 — — — 0 0
’22 — — — 0 (46)
’21 — — — — (105)
’20 24 — — (4) 106
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 60 130 167 212 315 1 15 27 51 96 121 +5.3% 817 — — +755.0%
Gross margin, % 64.82 62.96 64.13 70.25 71.74 83.50 78.77 76.68 77.98 73.91 73.30 +9.1 pt
EBT (74) (89) (60) (14) 22 (4) (13) (15) (7) (16) (15) (15.9%)
EBT margin, % (122.68) (67.98) (36.04) (6.72) 6.95 (519.16) (84.95) (55.01) (13.90) (16.33) (12.50) +106.4 pt
Net income (74) (89) (61) (15) 23 (4) (13) (15) (7) (17) (17) (15.2%)
Per share, $
Per share, $ Revenue 18.16 25.93 32.82 41.32 59.11 0.14 2.69 4.77 8.76 16.16 19.96 (1.3%)
Earnings (26.20) (16.80) (12.00) (2.80) 4.24 3.42 (7.61) (2.46) (1.25) (2.84) (2.78) (21.9%)
Cash flow 1.25 1.68 0.85 11.12 20.70 (19.18) (8.17) 0.10 1.01 2.00 0.00 +5.4%
Capex (1.74) (1.36) (0.62) (0.31) (0.83) (0.02) 0.02 (0.05) (0.05) (0.39) 0.00 (15.4%)
Free cash flow (0.50) 0.33 0.24 10.81 19.86 (19.21) (8.15) 0.05 0.95 1.61 0.00 n/m
Book value (4.31) (20.44) (27.58) (29.25) (24.95) (20.72) 1.18 (1.44) (2.54) (5.28) (6.10) +2.3%
Shares, m 3 5 5 5 5 5 6 6 6 6 6 +6.6%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 26.84 11.52 0.00 0.00 0.00 0.00 0.00 3.8
P/S 3.26 1.87 0.88 0.95 1.83 0.31 2.47 1.68 2.34 1.98 0.56 1.8
P/B 0.00 0.00 0.00 0.00 0.00 0.00 5.65 0.00 0.00 0.00 0.00 0.6
EV/Sales 1.72 1.14 0.34 0.37 1.23 (0.06) 1.76 1.27 2.01 1.70 0.33 1.1
EV/FCF 0.00 0.00 0.00 1.40 2.08 (0.11) 0.19 0.41 1.18 1.72 0.42 0.7
Cash, $m
Cash, $m Operating cash flow 4 8 4 57 110 (105) (46) 1 6 12 99 +12.4%
Capex (6) (7) (3) (2) (4) 0 0 0 0 (2) (3) (9.8%)
Free cash flow (2) 2 1 56 106 (105) (46) 0 6 10 96 n/m
Balance, $m
Balance, $m Working capital (18) (110) (135) (176) (215) (146) 6 (9) (17) (35) (40) +7.6%
Net debt (93) (96) (94) (133) (201) (31) (23) (23) (29) (39) (40) (9.2%)
Shareholders’ equity (14) (103) (140) (150) (133) (113) 7 (8) (15) (31) (37) +9.1%
Returns, %
Returns, % ROA (155.71) (76.91) (45.34) (8.61) 8.34 7.13 (39.64) (51.14) (19.27) (30.54) (27.77) +125.2 pt
ROIC 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
ROE 148.75 152.58 49.94 10.33 (15.91) (15.22) 79.65 1,862.70 63.18 73.12 0.00 (75.6) pt
People
People Employees 2,215 2,859 2,499 2,193 2,479 239 170 310 539 729 — (11.6%)
Revenue/emp, $m 0.03 0.05 0.07 0.10 0.13 0.00 0.09 0.09 0.09 0.13 — +19.1%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

51Talk Online Education Group Sponsored ADR vs peers in Education & Training Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CHGG Chegg, Inc. $66.5M — (loss-making) — (loss-making) −40.23% (below 0%: shrinking) n/m +683.67% (above 0%: growing) 52.16% (10.98%) Compare
COE 51Talk Online Education Group Sponsored ADR $47.8M — (loss-making) — (loss-making) +58.75% (above 0%: growing) n/m +314.66% (above 0%: growing) 73.89% (6.49%)
SKIL Skillsoft Corp. $33.0M — (loss-making) — (loss-making) −23.73% (below 0%: shrinking) n/m +9.37% (above 0%: growing) 84.58% 3.43% Compare
AACG ATA Inc. $27.0M — (loss-making) — +0.32% (above 0%: growing) n/m +128.61% (above 0%: growing) 55.84% (25.77%) Compare
IH iHuman Inc. Sponsored ADR $25.9M 19.3× — (loss-making) −8.55% (below 0%: shrinking) n/m +613.66% (above 0%: growing) 64.14% (11.99%) Compare
RYET Ruanyun Edai Technology Inc $22.4M — — — — −405.57% (below 0%: shrinking) — — Compare
GNS Genius Group Limited $19.7M — (loss-making) — (loss-making) +83.55% (above 0%: growing) n/m −9,487.34% (below 0%: shrinking) 44.79% 0.00% Compare
FEDU Four Seasons Education (Cayman) Inc. Unsponsored ADR $19.2M — (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 $18.7M — (loss-making) — (loss-making) +274.34% (above 0%: growing) n/m +124.09% (above 0%: growing) 69.17% (0.70%) Compare
Median of peers $24.1M — — −8.55% — +66.73% 55.84% (0.70%)

All 44 Education & Training Services stocks →

51Talk Online Education Group Sponsored ADR (COE) Latest News

9 Feb

Impact 3 · · MT NewswiresMT NewswiresMT NewswiresMT NewswiresMT NewswiresMT NewswiresMT NewswiresMT Newswires

18 Dec

Impact 3 · · PR NewswireBloombergBloombergReuters
stockrow.com/COE · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com