Welcome to our dedicated page for 51Talk news (Ticker: COE), a resource for investors and traders seeking the latest updates and insights on 51Talk stock.
51Talk Online Education Group (COE) provides investors and education professionals with authoritative updates on its AI-driven English learning platform and global EdTech initiatives. This hub aggregates official press releases, regulatory filings, and strategic announcements from the NYSE American-listed company.
Track 51Talk's financial performance, technology developments like its Smart Learning System upgrades, and international expansion efforts across Asian markets. The curated collection serves as a reliable resource for monitoring operational milestones, partnership announcements, and educational technology innovations.
Key updates include earnings reports, teacher network expansions, AI implementation progress, and regulatory compliance developments. All content is verified through primary sources to ensure accuracy for investment research and market analysis purposes.
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51Talk Online Education Group (NYSE American: COE), a global online English education platform, has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission (SEC) on April 25, 2025.
The report is accessible through the company's investor relations website at http://ir.51talk.com/ and the SEC's website at http://www.sec.gov. Shareholders and ADS holders can request a free hard copy of the annual report, which includes audited consolidated financial statements, by contacting the company's IR Department.
51Talk Online Education Group (NYSE: COE) reported strong financial results for Q4 and full year 2024. The company achieved significant growth with full-year net revenues of US$50.7 million, up 87.0% from 2023, and gross billings of US$69.6 million, a 74.4% increase year-over-year.
Active students with attended lesson consumption reached 95,000 in 2024, an 87.0% increase from 2023. The company's Q4 2024 performance showed notable improvement with net revenues of US$16.2 million, up 117.3% year-over-year, and reduced operating loss to US$0.9 million compared to US$4.3 million in Q4 2023.
The company maintained a strong cash position of US$29.2 million and delivered positive operating cash flow of US$5.8 million for the full year. Looking ahead, 51Talk expects Q1 2025 net gross billings between US$21.5-22.0 million, representing 71.2-75.2% year-over-year growth.
51Talk Online Education Group (NYSE American: COE), a global online education platform specializing in English education, has scheduled its Fourth Quarter and Full Year 2024 financial results announcement for Friday, March 21, 2025, before U.S. markets open.
The company will host an earnings conference call at 8:00 a.m. ET (8:00 p.m. Singapore/Beijing/Hong Kong time) on the same day. A live and archived webcast will be available on the company's investor relations website, with a conference call replay accessible until March 28, 2025.
51Talk has announced plans to launch a comprehensive AI-powered systems upgrade across its business operations in the coming months. The initiative, dubbed "Smart Learning System 2.0", will be fully implemented in Q2 2025 and represents a mass integration of AI across teaching, customer acquisition, marketing, and management.
The platform, which offers one-on-one English courses for learners aged 3-15, will enhance user experience in three key areas: AI-generated customized course plans during student onboarding, active monitoring of teacher performance and student engagement, and comprehensive student assessment including practice exercises and real-time pronunciation feedback.
Based on data from the existing system, 51Talk projects significant improvements in operational metrics, including reduced customer acquisition costs through increased conversion rates and 80% improved recruitment efficiency by replacing manual interviews with AI-assisted screening. The company has already achieved a fully AI-driven sales closure during the pilot phase, positioning it for global expansion and accelerated revenue growth.
51Talk Online Education Group (NYSE American: COE) announced its students' participation at the COP29 climate conference in Baku, Azerbaijan, from November 11-22, 2024. Students from Saudi Arabia, Thailand, and Japan delivered speeches in English, demonstrating their language proficiency on the global stage.
This marks a continuation of 51Talk's involvement in international events since 2019, including previous UN conferences. The company's CEO, Jack Huang, emphasized their commitment to developing international talent and preparing students for global communication.
51Talk Online Education Group (NYSE American: COE) reported strong Q3 2024 results with significant growth across key metrics. Gross billings increased 80.7% year-over-year to US$19.8 million, while net revenues grew 79.4% to US$14.0 million. The number of quarterly active students with attended lesson consumption reached approximately 65,700, up 82.5% from Q3 2023.
The company's gross margin improved to 78.7%, up from 76.3% in Q3 2023. Despite operating expenses increasing 20.6% to US$11.8 million, the operating loss narrowed to US$0.8 million from US$3.9 million year-over-year. The company maintained positive cash flow trends, with total cash and equivalents reaching US$25.6 million. For Q4 2024, 51Talk expects net gross billings between US$20.5-21.0 million, representing 3.7-6.2% sequential growth.
51Talk Online Education Group (NYSE American: COE), a global online education platform specializing in English education, has announced it will release its unaudited financial results for the third quarter ended September 30, 2024 on Friday, December 13, 2024, before U.S. markets open.
The company will host an earnings conference call at 8:00 a.m. ET on December 13, 2024. The call will be accessible via multiple international dial-in numbers and will be available for replay until December 20, 2024. A live and archived webcast will also be available on the company's investor relations website.
51Talk Online Education Group (NYSE American: COE) reported strong Q2 2024 results, with gross billings up 61.3% to $15.9 million and net revenues increasing 75.1% to $11.0 million year-over-year. The company saw an 83.2% increase in active students to 54,400. Despite growth, 51Talk reported an operating loss of $2.4 million, improved from $3.0 million in Q2 2023. The company's gross margin slightly decreased to 78.1% from 78.4% last year. 51Talk's CEO highlighted strategic investments in diverse markets and localization efforts as key drivers of growth. For Q3 2024, the company expects net gross billings between $17.0-$18.0 million, representing 7.2% to 13.5% sequential growth.
51Talk Online Education Group (NYSE American: COE), a global online English education platform, has announced it will report its unaudited financial results for the second quarter ended June 30, 2024 on Friday, August 23, 2024, before U.S. markets open. The company will host an earnings conference call at 8:00 a.m. EST on the same day.
Investors can access the call through various international dial-in numbers provided. A live and archived webcast of the conference call will be available on the company's investor relations website. Additionally, a replay of the call will be accessible until August 30, 2024, using the provided replay access code.
51Talk Online Education Group (NYSE: COE) announced its unaudited financial results for Q1 2024, highlighting significant growth. Gross billings rose by 55.6% to $12.6 million, while net revenues increased by 70.1% to $9.4 million compared to Q1 2023. The number of active students surged by 83.3% to approximately 46,200. However, the company reported an operating loss of $3.9 million, up from $2.6 million in the previous year. Net loss attributable to shareholders was $3.7 million. The company expects Q2 2024 gross billings between $13.5 million and $14.0 million.
