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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. In the quarter to June 2026, revenue grew 58.8%, EPS grew 1.92% and free cash flow grew 314.7%, each against the same quarter a year earlier. Revenue growth for three consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

11.34 0.36 −3.08%

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Market cap: $49.8M
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

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

Insider Decisions trades per month

Total buys 262.56

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	2	5	5	4	7	2	1	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 37.22%

Capital & Financial Ratios $m

Market Cap 49.84

Revenue 120.53

Net Income (16.86)

Free Cash Flow 96.40

Net Debt (40.07)

Current Ratio 0.62

Debt/Equity 0.00

P/E ratio 0.00

Fwd P/E (2.07)

P/S ratio 0.57

P/B ratio 0.00

Past 5Y EPS Growth —

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth 755.00%

Next 5Y EPS Growth —

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 15.53%

10-year low 10-year high

EV/Sales against its own 10 years 14.66%

10-year low 10-year high

EV/FCF against its own 10 years 36.92%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack

special payouts not included in total or ratios

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%

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.

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)	(0.81)	(2.46)
’22	(3.80)	(2.68)	(0.50)	(0.36)	(7.61)
’21	0.20	(0.76)	—	1.45	2.92
’20	1.28	0.80	0.80	0.84	3.96

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	49.80	42.48	20.04	14.72	38.00	3.92	3.04	4.40	6.00	13.60	Analyst estimates 2026–2028 Powerpack
	High	100.96	89.44	57.54	42.84	148.76	118.40	9.08	9.24	20.50	56.13
People
People	Employees	2,215	2,859	2,499	2,193	2,479	239	170	310	539	729
	Revenue/emp, $m	0.03	0.05	0.07	0.10	0.13	0.00	0.09	0.09	0.09	0.13
Income, $m
Income, $m	Revenue	60	130	167	212	315	1	15	27	51	96
	Gross margin, %	64.82	62.96	64.13	70.25	71.74	83.50	78.77	76.68	77.98	73.91
	EBT	(74)	(89)	(60)	(14)	22	(4)	(13)	(15)	(7)	(16)
	EBT margin, %	(122.68)	(67.98)	(36.04)	(6.72)	6.95	(519.16)	(84.95)	(55.01)	(13.90)	(16.33)
	Net income	(74)	(89)	(61)	(15)	23	(4)	(13)	(15)	(7)	(17)
	Depreciation	2	4	5	4	3	0	0	0	0	0
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
	Earnings	(26.20)	(16.80)	(12.00)	(2.80)	4.24	3.04	(7.61)	(2.46)	(1.25)	(2.84)
	Cash flow	1.25	1.68	0.85	11.12	20.70	(19.18)	(8.17)	0.10	1.01	2.00
	Capex	(1.74)	(1.36)	(0.62)	(0.31)	(0.83)	(0.02)	0.02	(0.05)	(0.05)	(0.39)
	Free cash flow	(0.50)	0.33	0.24	10.81	19.86	(19.21)	(8.15)	0.05	0.95	1.61
	Book value	(4.31)	(20.44)	(27.58)	(29.25)	(24.95)	(20.72)	1.18	(1.44)	(2.54)	(5.28)
	Shares, m	3	5	5	5	5	5	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
	P/S	3.26	1.87	0.88	0.95	1.83	0.31	2.47	1.68	2.34	1.98
	P/B	0.00	0.00	0.00	0.00	0.00	0.00	5.65	0.00	0.00	0.00
	EV/Sales	1.72	1.14	0.34	0.37	1.23	(0.06)	1.76	1.27	2.01	1.70
	EV/FCF	0.00	0.00	0.00	1.40	2.08	(0.11)	0.19	0.41	1.18	1.72
Cash, $m
Cash, $m	Operating cash flow	4	8	4	57	110	(105)	(46)	1	6	12
	Capex	(6)	(7)	(3)	(2)	(4)	0	0	0	0	(2)
	Free cash flow	(2)	2	1	56	106	(105)	(46)	0	6	10
Balance, $m
Balance, $m	Working capital	(18)	(110)	(135)	(176)	(215)	(146)	6	(9)	(17)	(35)
	Total debt	—	—	10	2	15	2	1	—	—	—
	Net debt	(93)	(96)	(94)	(133)	(201)	(31)	(23)	(23)	(29)	(39)
	Shareholders’ equity	(14)	(103)	(140)	(150)	(133)	(113)	7	(8)	(15)	(31)
Returns, %
Returns, %	ROA	(155.71)	(76.91)	(45.34)	(8.61)	8.34	7.13	(39.64)	(51.14)	(19.27)	(30.54)
	ROIC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	ROE	148.75	152.58	49.94	10.33	(15.91)	(15.22)	79.65	1,862.70	63.18	73.12

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 2 Oct 2026

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
CHGG Chegg, Inc.	$84.4M	— (loss-making)	— (loss-making)	−50.68% (below 0%: shrinking)	n/m	+153.01% (above 0%: growing)	54.55%	(6.12%)	Compare
SKIL Skillsoft Corp.	$53.3M	— (loss-making)	— (loss-making)	−2.90% (below 0%: shrinking)	n/m	+9.37% (above 0%: growing)	84.58%	3.43%	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%)
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%)	Compare
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
Median of peers	$29.1M	—	—	−5.72%	—	+9.37%	55.19%	(3.06%)

All 46 Education & Training Services stocks →