← Ambow Education Holding Ltd.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $412.0m |
$68.2m
-83.44%
|
$77.3m
+13.30%
|
$83.9m
+8.50%
|
$81.5m
-2.79%
|
$78.0m
-4.36%
|
$14.8m
-80.97%
|
$9.2m
-38.25%
|
$9.4m
+2.50%
|
$9.5m
+0.82%
|
$10.0m
+5.12%
|
|
| Total net revenues | $412.0m | $443.9m | $531.5m | $583.9m | $532.0m | $496.9m | $102.4m | $9.2m | $9.4m | $1.6b | — | |
| Recurring revenues | $66.1m | $85.4m | $104.0m | — | — | — | — | — | — | — | — | |
| Recurring and other revenue | — | $296.4m | $368.4m | $447.8m | $546.2m | $631.7m | $847.7m | $1.1b | $1.3b | $1.5b | — | |
| Total recurring revenues | $220.1m | $288.4m | $363.5m | $456.8m | — | — | — | — | — | — | — | |
| Cost of Goods and Services Sold | $238.7m |
$39.4m
-83.49%
|
$49.2m
+24.80%
|
$55.9m
+13.58%
|
$59.4m
+6.31%
|
$53.3m
-10.27%
|
$9.1m
-82.92%
|
$6.7m
-26.73%
|
$4.4m
-33.95%
|
$4.3m
-2.75%
|
$4.4m
+3.15%
|
|
| Total cost of revenues | — | $124.0m |
$149.2m
+20.33%
|
$153.9m
+3.12%
|
— | — | — | — | — | — | — | |
| Gross Profit | $25.0m |
$28.8m
+15.49%
|
$28.1m
-2.43%
|
$28.0m
-0.40%
|
$22.1m
-20.95%
|
$24.7m
+11.48%
|
($84k)
-100.34%
|
$2.5m
+3069.05%
|
$5.0m
+99.96%
|
$5.2m
+3.97%
|
$5.5m
+6.75%
|
|
| Research and Development Expense | $1.1m | $962k | $220k | $545k | $874k | $2.3m | — | $484k | $438k | $628k | $683k | |
| Research and development | ($7.6m) | ($6.3m) | ($1.5m) | ($3.8m) | ($5.7m) | ($14.5m) | $102.9m | ($484k) | ($438k) | $205.9m | $683k | |
| Selling and Marketing Expense | $6.0m | $5.6m | $6.4m | $8.0m | $8.0m | $8.7m | $1.5m | $1.1m | $1.0m | $1.1m | $4.4m | |
| Selling and marketing | ($41.8m) | ($36.7m) | ($43.8m) | ($55.7m) | ($52.4m) | ($55.5m) | ($10.3m) | ($1.1m) | ($1.0m) | $374.2m | $4.4m | |
| Fulfillment expenses | — | — | — | ($184.8m) | ($115.9m) | ($120.2m) | ($134.0m) | ($126.3m) | ($59.5m) | ($35.6m) | — | |
| General and Administrative Expense | $21.0m | $21.9m | $19.3m | $27.9m | $26.7m | $26.7m | $7.3m | $5.3m | $4.3m | $3.4m | $3.3m | |
| General and administrative | ($145.5m) | ($142.3m) | ($132.7m) | ($194.4m) | ($174.3m) | ($170.0m) | ($50.1m) | ($5.3m) | ($4.3m) | $212.9m | $3.3m | |
| Amortization of Intangible Assets | $6.8m | $4.8m | $4.7m | $6.0m | $5.6m | $1.6m | $36k | $15k | $10k | $50k | — | |
| Operating Lease, Expense | — | — | — | $49.1m | $58.7m | $48.1m | $30.0m | $2.3m | — | — | — | |
| Operating Expenses | $31.3m | $28.5m | $25.9m | $42.0m | $41.2m | $39.3m | $9.4m | $6.8m | $5.7m | $5.1m | $5.1m | |
| Total operating expenses | ($217.3m) | ($185.2m) | ($178.0m) | ($292.7m) | ($269.0m) | ($250.5m) | ($64.9m) | ($6.8m) | ($5.7m) | $793.0m | $9.5m | |
| Operating Income (Loss) | ($6.3m) |
$355k
+105.60%
|
$2.2m
+530.42%
|
($14.0m)
-726.90%
|
($19.1m)
-36.06%
|
($14.6m)
+23.42%
|
($9.5m)
+35.10%
|
($4.3m)
+54.63%
|
($722k)
+83.23%
|
$112k
+115.51%
|
$416k
+271.43%
|
|
| Interest Expense | $0 | $0 | — | ($18.7m) | ($59.3m) | ($27.6m) | ($20.9m) | ($13.3m) | — | — | — | |
| Interest expenses | $856k | $798k | $967k | $773k | $1.5m | $1.4m | ($101k) | ($57k) | ($63k) | ($6.5m) | — | |
| Interest income on funds held for clients | $2.7m | $3.6m | $9.1m | $19.9m | $15.1m | $3.9m | $5.0m | $76.6m | $120.8m | $123.4m | $103k | |
| Interest income | — | — | — | $114k | $400k | $17.6m | $15.5m | $7.4m | $2.6m | $972k | $103k | |
| Foreign Currency Transaction Gain (Loss), before Tax | $12k | ($80k) | $54k | $3k | $150k | $35k | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | $370k | $254k | $210k | $57k | ($191k) | $260k | $500k | ($199k) | $255k | ($342k) | — | |
| Income (Loss) from Equity Method Investments | ($1k) | ($2k) | ($132k) | ($74k) | ($24k) | ($264k) | — | — | — | — | — | |
| Nonoperating Income (Expense) | $1.9m | $8.2m | $4.8m | $1.5m | $9.4m | $5.7m | $236k | $1.1m | $192k | $1.3m | — | |
| Other income (expenses), net | $2.6m | $1.7m | $1.4m | $396k | ($1.2m) | $1.7m | $3.5m | ($199k) | $255k | ($236k) | — | |
| Other income, net | — | — | — | $3.9m | $2.4m | $1.1m | $280k | $286k | $3.0m | ($2.7m) | $1.1m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $63k | ($103k) | — | |
| Interest Income (Expense), Nonoperating, Net | $856k | $798k | $967k | $773k | $1.5m | $1.4m | ($101k) | ($57k) | ($63k) | ($6.5m) | $103k | |
| Total other income, net | $12.9m | $53.2m | $33.1m | $10.2m | $61.6m | $36.1m | $1.6m | $1.1m | $192k | $5.0m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | ($50.4m) | ($2.8m) | $186k | $1.8m | $1.7m | |
| Income (loss) before income taxes | — | — | — | — | — | — | ($134.8m) | ($106.8m) | ($69.9m) | ($59.4m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | ($9.0m) | ($9.3m) | ($3.2m) | ($530k) | $1.4m | $1.7m | |
| LOSS BEFORE INCOME TAX AND NON-CONTROLLING INTERESTS | ($3.7m) | $7.4m | $16.8m | ($87.5m) | ($62.9m) | ($57.1m) | ($63.8m) | ($3.2m) | ($530k) | $309.1m | ||
| Loss from and on sale of discontinued operations, net of income tax | $0 | $0 | — | — | ($56.3m) | $44.6m | ($34.9m) | — | — | — | — | |
| Current Income Tax Expense (Benefit) | $4.9m | — | — | — | — | — | — | — | ($839k) | ($6k) | $16k | |
| Income tax (expenses) benefit | ($5.9m) | ($9.6m) | ($3.5m) | ($12.9m) | ($1.1m) | $59.1m | ($7.2m) | ($14k) | $839k | $81.9m | $16k | |
| Current income tax (recovery) expense | — | — | — | — | — | — | — | $5.0m | $2.1m | ($27k) | — | |
| Deferred income tax (recovery) expense | — | — | — | — | — | — | — | $381k | $801k | ($1.5m) | — | |
| Income Tax Expense (Benefit) | $851k | $1.5m | $509k | $1.9m | $163k | ($9.3m) | — | $14k | ($839k) | $6k | $16k | |
| Net loss | ($3.9m) | — | — | ($234.2m) | ($179.0m) | ($194.4m) | ($128.4m) | ($102.8m) | ($63.7m) | ($54.1m) | — | |
| NET LOSS ATTRIBUTABLE TO ORDINARY SHAREHOLDERS FROM DISCONTINUED OPERATIONS | ($55.0m) | $45.6m | ($33.3m) | |||||||||
| Less: Net loss attributable to the non-controlling interest shareholders | — | — | — | $2.7m | $3.1m | $1.2m | ($4.4m) | ($3.2m) | ($5.2m) | ($4.5m) | — | |
| Net loss attributable to Boqii Holding Limited's ordinary shareholders | — | — | — | ($627.5m) | ($385.0m) | ($86.3m) | ($129.0m) | ($103.5m) | — | — | — | |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | ($5.1m) | $7.1m | $6.5m | ($14.4m) | ($9.6m) | $470k | ($63.8m) | ($3.2m) | $309k | $1.4m | $1.7m | |
| Less: Net loss attributable to noncontrolling interests from discontinued operations | — | — | — | — | $1.3m | $998k | $1.6m | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | ($7k) | ($70k) | ($194k) | ($157k) | — | — | — | — | $1.7m | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | $0 | $1 | ($2) | ($1) | $0 | ($0) | ($0) | $0 | $0 | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | $0 | $1 | ($2) | ($1) | $0 | ($0) | ($0) | $0 | — | — | |
| Earnings Per Share, Basic | — | — | $0.16 | ($0.33) | ($0.22) | $0.01 | — | ($0.06) | $0.01 | $0.02 | $0.59 | |
| Earnings Per Share, Diluted | — | — | $0.16 | ($0.33) | ($0.22) | $0.01 | — | ($0.06) | $0.01 | $0.02 | $0.58 | |
| Basic (loss) income from continuing operations per share (in Dollars per share) | ($0.93) | $1.20 | $1.09 | ($2.30) | ($1.41) | $0.06 | ($0.19) | ($0.06) | $0.01 | $4.08 | — | |
| Diluted (loss) income from continuing operations per share (in Dollars per share) | ($0.93) | $1.18 | $0.16 | ($2.30) | ($1.41) | $0.06 | ($0.19) | ($0.06) | $0.01 | $4.02 | — | |
| Basic loss from discontinued operations per share (in Dollars per share) | — | — | — | — | ($1.24) | $0.98 | ($0.67) | — | — | — | — | |
| Diluted loss from discontinued operations per share (in Dollars per share) | — | — | — | — | ($1.24) | $0.98 | ($0.67) | — | — | — | — | |
| Accretion on convertible redeemable preferred shares to redemption value | — | — | — | ($392.6m) | ($204.8m) | $120.9m | — | — | — | — | — | |
| Weighted Average Number of Shares Outstanding, Basic | — | 38.8m | 41.3m | 43.5m | 44.4m | 46.7m | 49.5m | 56.3m | 57.1m | 57.1m | 2.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | 39.3m | 41.7m | 43.5m | 44.4m | 46.7m | 49.5m | 56.3m | 57.1m | 57.6m | 2.9m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | $19.7m | — | — | $33.7m | $35.3m | — | — | — | — | — | — | |
| Educational programs and services | ($238.7m) | ($256.4m) | ($338.1m) | ($388.9m) | ($387.5m) | ($339.6m) | ($102.9m) | ($6.7m) | ($4.4m) | ($368.2m) | — | |
| Impairment loss | ($22.4m) | $0 | $0 | ($38.8m) | ($36.7m) | $10.5m | ($4.5m) | — | — | — | — | |
| LOSS FROM CONTINUING OPERATIONS | ($37.0m) | $45.9m | ($7.7m) | ($42.6m) | ($63.8m) | ($3.2m) | $309k | |||||
| NET (LOSS) INCOME | ($37.0m) | $45.9m | $44.9m | ($100.4m) | ($64.0m) | $2.0m | ($98.7m) | ($3.2m) | $309k | $227.1m | ||
| NET (LOSS) INCOME ATTRIBUTABLE TO ORDINARY SHAREHOLDERS FROM CONTINUING OPERATIONS | ($37.0m) | $45.9m | ($7.7m) | ($42.6m) | ($63.8m) | ($3.2m) | $309k | |||||
| NET (LOSS) INCOME ATTRIBUTABLE TO ORDINARY SHAREHOLDERS | ($3.9m) | ($62.7m) | $3.0m | ($97.1m) | ($3.2m) | $309k | ($55.0m) | |||||
| Foreign translation adjustments | ($1.2m) | $3.9m | $1.3m | ($2.9m) | $6.2m | ($711k) | ($2.3m) | $15.6m | $1.3m | $840k | — | |
| Other comprehensive loss | $592k | $1.2m | $1.4m | ($2.0m) | $5.8m | ($810k) | ($339k) | ($2.2m) | $3.6m | $6.5m | — | |
| Share based compensation | — | — | $8.1m | $1.6m | $947k | $883k | $7.5m | — | — | — | — | |
| Unrealized gains (losses) on securities, net of tax | — | — | ($139k) | $251k | $563k | — | ($9.4m) | ($6.7m) | ($3.5m) | $869k | — | |
| Recurring fees | $217.4m | $284.8m | $354.4m | — | — | — | — | — | — | — | — | |
| Implementation services and other | $10.6m | $11.6m | $14.0m | — | — | — | — | — | — | — | — | |
| Fair value change of derivative liabilities | — | — | — | ($2.3m) | $13.3m | $11.4m | $2.8m | ($2.3m) | ($1.0m) | $5.7m | — | |
| Share of results of equity investees | — | — | — | $91k | ($520k) | ($696k) | $418k | ($82k) | $50k | ($22k) | — | |
| Accretion on redeemable non-controlling interests to redemption value | — | — | — | — | — | ($138k) | ($575k) | ($675k) | ($766k) | ($841k) | — | |
| Less: Total comprehensive loss attributable to non- controlling interests shareholders | — | — | — | $2.7m | $3.1m | $1.2m | ($4.4m) | ($3.2m) | ($5.2m) | ($4.5m) | — | |
| Deemed dividend to preferred shareholders | — | — | — | ($723k) | ($1.1m) | ($12.5m) | — | — | — | — | — | |
| Foreign currency translation adjustment, net of nil tax | — | — | — | $3.8m | $2.0m | ($32.1m) | ($16.5m) | $15.6m | — | — | — | |
| Unrealized securities holding gains/(losses) | — | — | — | $1.7m | $3.2m | $772k | ($9.4m) | ($6.7m) | — | — | — | |
| Finance costs | — | — | — | — | — | — | — | $60k | $48k | $714k | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($5.3m) | $7.1m | — | — | — | — | ($9.3m) | ($3.2m) | $309k | $1.4m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($5.3m) | $7.1m | — | — | — | — | ($9.3m) | ($3.2m) | $309k | $1.4m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | $0 | — | — | — | — | ($5.1m) | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | ($4.8m) | — | — | — | — | |
| TOTAL COMPREHENSIVE (LOSS) INCOME | ($36.4m) | $47.1m | $46.4m | ($102.4m) | ($58.2m) | $1.2m | ($101.0m) | ($3.2m) | $309k | $233.7m | ||
| Total comprehensive loss | — | — | — | — | — | — | ($158.7m) | ($97.1m) | ($71.2m) | ($56.9m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.