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TCTM Kids IT Education Inc.

TCTM•NASDAQ
Consumer Defensive
Education & Training Services
$0.49
$0.06(14.14%)
empty-state-iconFinancials data is not available for this stockFinancials details for this stock are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

The company's financials show resilient growth, with revenue advancing from $643.31M in Q3 2022 to $545.01M in Q2 2023. Gross profit remained healthy with margins at 51% in Q2 2023 compared to 55% in Q3 2022. Operating income hit -$6.80M last quarter, sustaining a consistent -1% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$6.80M. Net income rose to $7.53M, while earnings per share reached $0.70. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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