# 51Talk Online Education Group (COE)

> Consumer Defensive · SG · Reports in CNY

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/COE/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2025 | ¥ 95.73M | ¥ -15.76M | ¥ 9.52M | ¥ 2.94M | ¥ -31.36M |
| 2024 | ¥ 50.94M | ¥ -7.52M | ¥ 0 | ¥ 2.68M | ¥ -15.00M |
| 2023 | ¥ 27.27M | ¥ -15.12M | ¥ 0 | ¥ 631.0K | ¥ -8.34M |
| 2022 | ¥ 15.09M | ¥ -42.68M | ¥ -167.90M | ¥ 734.0K | ¥ 6.58M |
| 2021 | ¥ 157.11M | ¥ 16.57M | N/A | ¥ 1.63M | ¥ -113.43M |
| 2020 | ¥ 309.46M | ¥ 22.01M | ¥ 24.66M | ¥ 14.78M | ¥ -132.70M |
| 2019 | ¥ 221.14M | ¥ -15.97M | ¥ 1.02M | ¥ 10.24M | ¥ -149.59M |
| 2018 | ¥ 186.11M | ¥ -67.78M | N/A | ¥ 10.04M | ¥ -139.94M |
| 2017 | ¥ 142.06M | ¥ -97.11M | N/A | ¥ 0 | ¥ -102.38M |
| 2016 | ¥ 86.26M | ¥ -86.69M | ¥ -2.75M | ¥ 0 | ¥ -14.28M |
| 2015 | ¥ 27.60M | ¥ -58.38M | ¥ -69.14M | ¥ 0 | ¥ -13.30M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | -0.09 |
| Liabilities / Eq | -3.10 |
| Current Ratio | 0.63 |

## Other views

- [Metrics](https://sponda.capital/en/COE.md)
- [Charts](https://sponda.capital/en/COE/charts.md)
- [Compare](https://sponda.capital/en/COE/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.