COENYSEServices-Educational ServicesFiscal year ends December 31

51Talk Online Education Group

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 23, 2026

$11.33−0.01 (-0.09%)

Close on Oct 19, 2026

Market cap: –
P/E (TTM): –
Dividend yield: –

51Talk Online Education Group cash flow statement

AnnualQuarterlyTTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31
Depreciation & Amortization	0.43	0.14	0.10	0.10	0.10	2.90	3.82	4.80	4.46	2.39
Stock-Based Compensation	1.33	0.93	0.91	0.71	0.22	0	2.40	4.06	5.39	6.95
Deferred Income Taxes	0.43	0.02	-0.16	0.01	0.05	-1.52	-0.02	0.01	-0.05	-0.05
Change in Inventory	–	–	–	–	0.13	-0.25	0.04	–	–	–
Change in Unearned Revenue	30	18	12	12	2.86	82	72	69	79	60
Operating Cash Flow	12	5.83	0.56	-46	-105	104	57	4.33	8.47	4.14
Capital Expenditures	-2.29	-0.31	-0.29	-0.01	-3.80	-3.37	-1.38	-2.56	-5.44	-5.34
Sale of Property, Plant & Equipment	–	–	–	0.11	0.00	0.03	0.01	–	–	–
Purchase of Investments	–	–	–	–	-190	-107	-143	–	–	-0.99
Investing Cash Flow	-0.95	0.47	2.45	2.51	98	-106	-59	-0.71	1.66	-36
Share Repurchases	–	–	–	–	-3.19	-3.54	-0.86	–	–	–
Stock Issued	–	–	–	–	–	–	–	–	–	61
Debt Issued	–	–	–	–	–	–	–	12	–	–
Debt Repaid	–	–	–	–	–	–	–	-2.77	–	–
Financing Cash Flow	0.22	0.24	–	20	-2.35	1.29	-7.83	9.95	0.04	61
Foreign Exchange Rate Adjustments	0.03	-0.08	0.10	-0.71	0.62	1.42	-0.10	-0.03	-3.22	–
Net Change in Cash	11	6.46	3.11	-23	-8.45	0.90	-10	14	6.94	33
Free Cash Flow	9.52	5.52	0.27	-46	-109	101	56	1.77	3.03	-1.21
Income Taxes Paid	0.10	0.21	0.04	0.06	0.08	1.27	0.26	1.53	–	0.06
Interest Paid	–	–	–	–	–	0.01	0.45	0.28	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 73.9%
Operating margin: -15.1%
Net margin: -17.6%
Return on equity, FY2025: 72.5%

Financial strength

Current ratio: 0.63
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 40.8%

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –