← Four Seasons Education (Cayman) Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Total Revenue $203.2m $47.5m $50.2m $55.7m $43.3m $39.7m $4.9m $17.4m $34.5m $37.1m
Cost of Revenue ($85.3m) $17.3m $25.7m $28.7m $26.1m $23.7m $2.9m $11.1m $28.0m $27.5m
Total Cost of revenue ($85.3m) ($109.4m) ($171.8m) ($200.9m) ($168.8m) ($149.6m) ($19.9m) ($80.0m) ($203.9m) ($188.8m)
Gross Profit $117.8m $30.2m $24.5m $26.9m $17.2m $15.9m $2.1m $6.3m $6.5m $9.6m
Operating Income (Loss) — $9.7m $169k ($18.7m) ($5.6m) ($10.5m) ($5.1m) ($1.3m) ($2.2m) $983k
Additional Financial Items
Amortization of Intangible Assets — — $513k $619k $301k $272k $114k $86k $58k $86k
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — — — — — — $69k $0 $0
Goodwill, Impairment Loss — — $83k $16.4m $0 $6.7m $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic — — — — — — ($2.2m) $632k ($976k) $3.6m
Income (Loss) from Equity Method Investments — — ($12k) ($32k) ($595k) ($5.8m) — — — —
Realized Investment Gains (Losses) — — — — — — — $446k ($420k) $574k
Impairment loss on long-lived assets — — — ($764k) $0 ($7.9m) $0 ($3.7m) $0 $0
Operating (loss) income $63.2m $61.6m $1.1m ($131.0m) ($36.5m) ($66.2m) ($35.7m) ($9.3m) ($15.7m) $6.7m
Subsidy income $579k $2.4m $4.2m $9.6m $11.9m $2.3m $1.4m $728k $1.4m $191k
Interest income, net $3.0m $5.5m $6.8m $5.2m $3.4m $3.2m $2.3m $7.2m $16.2m $6.0m
Realized gain (loss) in investments — — — — — $1.7m $1.9m $3.2m ($3.1m) $3.9m
Unrealized holding gain in investments — — — — — ($2.9m) ($3.8m) $3.9m $2.0m $2.4m
Less: Net loss attributable to non-controlling interests ($327k) ($2.5m) ($869k) ($76k) $310k ($5.3m) ($3.8m) ($2.2m) ($1.4m) ($1.7m)
Net (loss) income attributable to Four Seasons Education (Cayman) Inc. $17.7m $44.4m ($601k) ($109.5m) ($28.2m) ($113.5m) ($29.7m) $5.0m $801k $30.8m
- Basic $14.0m $17.1m $24.1m $23.7m $23.1m $22.5m $21.2m $21.2m $21.8m $22.6m
- Diluted $14.5m $18.5m $24.1m $23.7m $23.1m $22.5m $21.2m $23.6m $22.1m $22.9m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — — — — — — — $14k $4.3m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — — $722k —
Total income before provision of income taxes — — — — — — ($32.5m) — $95k $29.7m
Net Income (Loss) Attributable to Parent $17.3m $7.0m ($90k) ($15.7m) ($4.4m) ($18.0m) ($4.3m) $690k $111k $4.5m
Net Income (Loss) Available to Common Stockholders, Basic $17.3m $5.8m ($90k) ($15.7m) ($4.4m) ($18.0m) ($4.3m) $690k $111k $4.5m
Net Income (Loss) Attributable to Noncontrolling Interest — ($400k) ($130k) ($11k) $48k ($835k) ($551k) ($304k) ($196k) ($247k)
Earnings Per Share, Basic $0.97 $0.34 ($0.00) ($0.66) ($0.19) ($0.80) ($0.20) $0.03 $0.01 $0.20
Earnings Per Share, Diluted $0.94 $0.31 ($0.00) ($0.66) ($0.19) ($0.80) ($0.20) $0.03 $0.01 $0.20
Weighted Average Number of Shares Outstanding, Basic $14.0m 17.1m 24.1m 23.7m 23.1m 22.5m 21.2m 21.2m 21.8m 22.6m
Weighted Average Number of Shares Outstanding, Diluted $14.5m 18.5m 24.1m 23.7m 23.1m 22.5m 21.2m 23.6m 22.1m 22.9m
General and Administrative Expense — $14.7m $19.3m $19.9m $18.1m $13.5m $6.5m $6.2m $6.7m $7.1m
General and administrative expenses ($42.1m) ($92.9m) ($128.9m) ($139.4m) ($117.0m) ($85.3m) ($45.3m) ($44.3m) ($48.8m) ($48.4m)
Other Nonoperating Income (Expense) — ($206k) ($495k) $1.6m $294k ($555k) ($76k) ($199k) ($102k) $55k
Operating Lease, Expense — — — $7.8m $8.4m $6.3m $427k $551k — —
Selling and Marketing Expense — $5.8m $5.0m $4.9m $4.8m $3.5m $673k $938k $1.9m $1.5m
Share-based Payment Arrangement, Expensed and Capitalized, Amount — — $127k — — — — $400k — —
Sales and marketing expenses ($12.6m) ($36.6m) ($33.8m) ($34.4m) ($31.0m) ($22.0m) ($4.7m) ($6.8m) ($14.0m) ($10.5m)
Other (expense) income, net ($1.1m) ($1.3m) ($3.3m) $11.1m $1.9m ($3.5m) ($526k) ($1.4m) ($739k) $381k
Income tax expense ($19.8m) ($26.4m) ($10.1m) ($4.2m) ($4.8m) ($21.8m) ($993k) ($1.1m) ($722k) ($635k)
Interest Income (Expense), Nonoperating, Net — $876k $1.0m $748k $526k $512k $329k $1.0m $2.2m $876k
Income Tax Expense (Benefit) — $4.2m $1.5m $599k $735k $3.5m $143k $153k $99k $93k

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.