17 Education & Technology Group Inc.
17 Education & Technology Group Inc. (YQ) Financial Performance & Income Statement Overview
Analyze 17 Education & Technology Group Inc. (YQ) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
17 Education & Technology Group Inc. (YQ) Income Statement & Financial Overview
Access detailed annual and quarterly income data for 17 Education & Technology Group Inc. YQ financial performance.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $36.59M | $59.63M | $67.49M | $25.50M |
| Cost of Revenue | $24.31M | $23.29M | $56.71M | $15.70M |
| Gross Profit | $12.28M | $36.34M | $10.78M | $9.80M |
| Gross Profit Ratio | $0.34 | $0.61 | $0.16 | $0.38 |
| R&D Expenses | $16.97M | $12.79M | $23.16M | $19.08M |
| SG&A Expenses | $64.39M | $45.19M | $47.81M | $53.63M |
| Operating Expenses | $81.36M | $57.98M | $70.97M | $72.71M |
| Total Costs & Expenses | $105.67M | $81.27M | $127.67M | $88.41M |
| Interest Income | $2.90M | $3.83M | $4.39M | $5.14M |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $0.00 | $0.00 | $0.00 | $43276.00 |
| EBITDA | -$69.07M | -$21.64M | -$60.18M | -$62.91M |
| EBITDA Ratio | -$1.89 | -$0.36 | -$0.89 | -$2.47 |
| Operating Income | -$69.07M | -$21.64M | -$60.18M | -$62.91M |
| Operating Income Ratio | -$1.89 | -$0.36 | -$0.89 | -$2.47 |
| Other Income/Expenses (Net) | $5.33M | $4.24M | $4.48M | $6.83M |
| Income Before Tax | -$63.75M | -$17.40M | -$55.70M | -$56.08M |
| Income Before Tax Ratio | -$1.74 | -$0.29 | -$0.83 | -$2.20 |
| Income Tax Expense | $0.00 | $0.00 | $0.00 | -$5.14M |
| Net Income | -$63.75M | -$17.40M | -$55.70M | -$56.08M |
| Net Income Ratio | -$1.74 | -$0.29 | -$0.83 | -$2.20 |
| EPS | -$8.00 | -$2.24 | -$7.00 | -$7.00 |
| Diluted EPS | -$8.00 | -$2.24 | -$7.00 | -$7.00 |
| Weighted Avg Shares Outstanding | $8.67M | $7.76M | $7.76M | $7.75M |
| Weighted Avg Shares Outstanding (Diluted) | $8.67M | $7.76M | $7.76M | $7.75M |
The company's financials show resilient growth, with revenue advancing from $25.50M in Q1 2024 to $36.59M in Q4 2024. Gross profit remained healthy with margins at 34% in Q4 2024 compared to 38% in Q1 2024. Operating income hit -$69.07M last quarter, sustaining a consistent -189% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$69.07M. Net income dropped to -$63.75M, while earnings per share reached -$8.00. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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