51Talk Online Education GroupCOE
What 51Talk Online Education Group does.
We are a tutor-centric online education platform, with core expertise in language education. Our mission is to make quality education accessible and affordable. Recognizing the strong demand for improving language proficiency and the lack of effective and affordable solutions, our founders started with English education as the first step of our journey, and further transitioned to English and Chinese education in an increasingly globalized environment. Jack, our founder and CEO, has a vision for an effective but affordable language education product.
English education and Chinese education as a second language traditionally focus on test preparation instead of improving English or Chinese proficiency, such as English and Chinese communication skills. To address this unmet need, we have developed proprietary online and mobile education platforms that enable students to take live interactive English and Chinese lessons, on demand, fostering the development of all aspects of English and Chinese proficiency.
We connect our students with a large pool of highly qualified English and Chinese tutors that we have assembled using a shared economy approach. Once our tutors have gone through our rigorous selection and training process, we assign them to classes with different schedules, considering their own scheduling availability, at appropriate locations of their choice. This shared economy approach has allowed us to quickly build a large pool of tutors in a cost-effective manner.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $314.8M | $788,000 | $15.0M | $27.1M | $50.7M | $95.6M |
| Net income | $21.2M | $18.7M | -$42.6M | -$15.0M | -$7.2M | -$16.8M |
| Free cash flow | $100.8M | -$108.8M | -$45.7M | $272,000 | $5.5M | $9.5M |
More on COE.
- 51Talk Online Education Group summary
- 51Talk Online Education Group financial statements
- 51Talk Online Education Group key metrics
- 51Talk Online Education Group health scores and style box
- 51Talk Online Education Group earnings
- 51Talk Online Education Group dividends
- 51Talk Online Education Group valuation
- 51Talk Online Education Group ownership and insiders
- 51Talk Online Education Group peers
Figures from 51Talk Online Education Group's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.