51Talk Online Education Group

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $39.6m $49.2m $60.1m $54.1m
Prepaid Expense and Other Assets, Current $9.5m $13.1m $35.3m $35.9m $46.3m $11.2m $3.5m $6.4m $10.9m $21.4m
Cash, Cash Equivalents, and Short-term Investments $942.0m
Short-term Investments $15.5m $19.8m $65.1m $78.1m $90.7m
Inventory, Net $44k $297k $169k
Assets, Current $102.7m $108.9m $138.8m $171.0m $247.9m $151.3m $26.6m $29.8m $40.1m $60.4m
Property, Plant and Equipment, Net $6.0m $7.5m $5.1m $2.9m $3.2m $2.7m $25k $138k $363k $2.0m
Goodwill $608k $649k $614k $607k $647k
Operating Lease, Right-of-Use Asset $8.1m $15.0m $5.8m $769k $723k $2.9m $3.2m
Other Assets, Noncurrent $773k $849k $615k $974k $3.7m $862k $169k $348k $460k $341k
Additional Financial Items
Accrued Liabilities, Current $24.0m $34.2m $30.5m $24.0m $36.3m $15.1m $4.3m $6.2m $6.6m $12.5m
Assets $111.7m $120.4m $146.9m $201.4m $338.6m $187.2m $27.6m $31.2m $43.9m $66.1m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $4.5m $6.6m $3.0m $427k $590k $1.2m $1.8m
Operating Lease, Liability, Noncurrent $3.4m $8.2m $3.0m $307k $41k $1.4m $1.2m
Deferred Revenue, Current $94.1m $180.8m
Deferred Revenue, Noncurrent $4.9m $3.9m
Long-term Debt, Excluding Current Maturities $10.0m
Liabilities, Current $120.8m $218.9m $274.3m $347.4m $462.5m $297.2m $20.5m $39.1m $56.9m $95.4m
Deferred Income Tax Liabilities, Net $452k
Other Liabilities, Noncurrent $276k $345k $124k $229k $384k $243k $156k $176k $310k $360k
Deferred Tax Liabilities, Net $84k $375k
Liabilities $126.0m $223.2m $286.9m $351.7m $471.5m $300.6m $21.1m $39.3m $58.7m $97.3m
Stockholders’ equity:
Common Stock, Value, Issued $28k $30k $29k $29k $33k $35k
Retained Earnings (Accumulated Deficit) ($168.9m) ($269.6m) ($304.6m) ($315.9m) ($314.5m) ($303.1m) ($331.2m) ($346.4m) ($353.6m) ($370.4m)
Accumulated Other Comprehensive Income (Loss), Net of Tax $4.7m $1.2m $3.6m $4.3m $1.4m ($53k) $303k ($326k) ($685k) ($1.9m)
Additional Paid in Capital, Common Stock $150.0m $165.6m $161.0m $162.0m $183.8m $196.4m $337.4m $338.3m $339.2m $340.9m
Stockholders' Equity Attributable to Parent ($14.3m) ($102.7m) ($140.0m) ($150.3m) ($132.9m) ($113.5m) $6.6m ($8.3m) ($15.0m) ($31.4m)
Stockholders' Equity Attributable to Noncontrolling Interest $149k $288k $104k
Liabilities and Equity $111.7m $120.4m $146.9m $201.4m $338.6m $187.2m $27.6m $31.2m $43.9m $66.1m