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

LAIX Inc. Sponsored ADR

LAIX Technology Software Application

Operating cash flow growth for five consecutive years.

3.10 0.00 0.00%

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Market cap: $154.7M
P/E: 0.0×
Fwd P/E: 0.0×
Dividend yield: —
F-score: 5/9
Altman Z: n/a
Beneish M: 2.70
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 0.00%

Capital & Financial Ratios $m

Market Cap 154.68

Revenue 136.78

Net Income (60.51)

Free Cash Flow —

Net Debt (20.67)

Current Ratio 0.20

Debt/Equity 0.00

P/E ratio 0.00

Fwd P/E 0.00

P/S ratio 0.08

P/B ratio 0.00

Past 5Y EPS Growth —

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth (16.40%)

Next 5Y EPS Growth —

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

Valuation vs history

EV/Sales, ten years

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2018	2019	2020	2021
Cash	109	79	35	11
Receivables	2	1	1	0
Inventory	—	—	—	—
Other	16	12	9	7
	127	93	45	18

	2018	2019	2020	2021
Payables	10	20	13	10
ST’ Debt	—	—	—	—
Other	2	2	3	3
	106	160	158	120

Compound Annual Growth %

	10y	5y	3y
Sales	—	125.18%	5.06%
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	0.00%	0.00%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’21	30	28	—	—	107
’20	32	38	35	43	149
’19	38	40	37	32	147
’18	—	—	26	33	93
’17	—	—	—	—	24

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’21	—	—	—	—	(24)
’20	—	—	—	—	(46)
’19	—	—	—	—	(21)
’18	—	—	—	—	(16)
’17	—	—	—	—	(9)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’21	—	—	—	—	(25)
’20	—	—	—	(48)	(48)
’19	—	—	—	(29)	(29)
’18	—	—	—	(22)	(23)
’17	—	—	—	—	(9)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’21	0.56	0.56	—	—	2.62
’20	(7.84)	(3.78)	(2.94)	(2.59)	(17.09)
’19	(2.94)	(3.64)	(8.54)	(8.40)	(23.39)
’18	—	—	(15.69)	(7.00)	(39.08)
’17	—	—	—	—	(0.82)

Fiscal quarters ending in the months shown.

Group	Line	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022e
Price, $
Price, $	Low	—	—	—	—	—	—	—	—	—	—	Analyst estimates 2022–2024 Powerpack
	High	—	—	—	—	—	—	—	—	—	—
People
People	Employees	—	—	—	—	—	1,689	2,790	3,214	1,684	736
	Revenue/emp, $m	—	—	—	—	0.00	0.01	0.03	0.05	0.09	0.15
Income, $m
Income, $m	Revenue	—	—	—	—	2	24	93	147	149	107
	Gross margin, %	—	—	—	—	(126.24)	64.59	72.58	73.27	71.50	79.50
	EBT	—	—	—	—	(13)	(35)	(67)	(82)	(60)	10
	EBT margin, %	—	—	—	—	(723.05)	(143.24)	(72.80)	(55.99)	(40.40)	9.00
	Net income	—	—	—	—	(16)	0	(71)	(83)	(61)	9
	Depreciation	—	—	—	—	0	0	1	8	9	6
Per share, $
Per share, $	Revenue	—	—	—	—	0.53	7.03	48.22	41.70	42.23	30.08
	Earnings	—	—	—	—	(4.49)	(11.48)	(39.08)	(23.39)	(17.09)	2.65
	Cash flow	—	—	—	—	(1.67)	(2.55)	(8.55)	(6.04)	(13.14)	(6.81)
	Capex	—	—	—	—	0.00	0.00	(3.22)	(2.11)	(0.39)	(0.21)
	Free cash flow	—	—	—	—	(1.67)	(2.55)	(11.77)	(8.14)	(13.53)	(7.02)
	Book value	—	—	—	—	4.99	8.99	16.56	(13.24)	(30.94)	(27.76)
	Shares, m	—	—	—	—	3	3	2	4	4	4
Valuation, ×
Valuation, ×	P/E	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	—	—	—	—	0.00	0.00	0.00	0.12	0.04	0.01
	P/B	—	—	—	—	0.00	0.00	0.82	0.00	0.00	0.00
	EV/Sales	—	—	—	—	0.00	0.00	0.00	(0.27)	(0.11)	(0.07)
	EV/FCF	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
Cash, $m
Cash, $m	Operating cash flow	—	—	—	—	(6)	(9)	(16)	(21)	(46)	(24)
	Capex	—	—	—	—	0	(2)	(6)	(7)	(1)	(1)
	Free cash flow	—	—	—	—	(6)	(9)	(23)	(29)	(48)	(25)
Balance, $m
Balance, $m	Working capital	—	—	—	—	17	30	21	(67)	(113)	(102)
	Total debt	—	—	—	—	—	—	1	22	14	—
	Net debt	—	—	—	—	(23)	(69)	(109)	(79)	(35)	(11)
	Shareholders’ equity	—	—	—	—	17	31	32	(47)	(109)	(99)
Returns, %
Returns, %	ROA	—	—	—	—	(130.42)	(331.32)	(92.49)	(61.10)	(60.40)	19.99
	ROIC	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
	ROE	—	—	—	—	33.90	86.11	406.40	1,114.29	77.64	(9.02)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2021 · latest quarter Jun 2021

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
DUOT Duos Technologies Group, Inc.	$181.3M	4.4×	294×	+29.51% (above 0%: growing)	n/m	+354.75% (above 0%: growing)	55.80%	0.80%	Compare
DMRC Digimarc Corporation	$181.2M	— (loss-making)	— (loss-making)	−7.77% (below 0%: shrinking)	n/m	+80.94% (above 0%: growing)	58.20%	(167.35%)	Compare
MRT MARTI TECH INC	$157.5M	— (loss-making)	— (loss-making)	—	n/m	+152.22% (above 0%: growing)	76.55%	(0.68%)	Compare
LAIX LAIX Inc. Sponsored ADR	$154.7M	— (loss-making)	— (loss-making)	−27.11% (below 0%: shrinking)	n/m	—	80.38%	6.79%
TONX TON Strategy Company	$151.5M	— (loss-making)	— (loss-making)	+607.44% (above 0%: growing)	n/m	−646.42% (below 0%: shrinking)	94.90%	3.19%	Compare
HUCK Huckleberry.ai, Inc.	$151.0M	— (loss-making)	— (loss-making)	−3.68% (below 0%: shrinking)	n/m	−890.68% (below 0%: shrinking)	77.13%	(3.11%)	Compare
TIOG Tingo Group, Inc.	$141.6M	— (loss-making)	8.7×	+4,161.26% (above 0%: growing)	n/m	−574.92% (below 0%: shrinking)	23.52%	8.55%	Compare
EGAN eGain Corporation	$140.7M	16.8×	23.6×	−4.67% (below 0%: shrinking)	−95.58% (below 0%: shrinking)	+151.21% (above 0%: growing)	71.61%	4.87%	Compare
TRAK ReposiTrak Inc.	$135.1M	17.4×	23.4×	−3.20% (below 0%: shrinking)	+26.89% (above 0%: growing)	−17.59% (below 0%: shrinking)	85.73%	33.74%	Compare
Median of peers	$151.2M	16.8×	23.5×	−3.20%	—	+31.68%	74.08%	2.00%

All 237 Software Application stocks →