Consumer Defensive - Education & Training Services - NYSE - CN
$ 2.59
-1.15 %
$ 669 M
Market Cap
-7.85
P/E
INCOME STATEMENT
2.96 B
REVENUE
-149 M
OPERATING INCOME
-7.3 M
NET INCOME
EFFICIENCY
Earnings Waterfall
Gaotu Techedu Inc.
| Revenue | 2.96 B |
| Cost Of Revenue | 790 M |
| Gross Profit | 2.17 B |
| Operating Expenses | 2.32 B |
| Operating Income | -149 M |
| Other Expenses | -142 M |
| Net Income | -7.3 M |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | |
|---|---|---|---|---|---|---|---|
| REVENUE | |||||||
| Revenue | 2 960.8 | 2 498.2 | 6 561.7 | 7 124.7 | 2 114.9 | 397.3 | 97.6 |
| GROSS PROFIT | |||||||
| Cost Of Revenue | 790.2 | 701.0 | 2 397.6 | 1 762.5 | 535.9 | 142.8 | 25.0 |
| Gross Profit | 2 170.6 | 1 797.2 | 4 164.1 | 5 362.2 | 1 578.9 | 254.6 | 72.6 |
| OPERATING INCOME | |||||||
| Operating Expenses | 2 319.6 | 1 915.2 | 7 102.4 | 7 117.2 | 1 363.2 | 235.4 | 165.0 |
| Selling, General and Administrative Expenses | 1 857.6 | 1 470.1 | 5 849.5 | 6 382.8 | 1 151.0 | 161.3 | 112.5 |
| Research and Development Expenses | 462.0 | 445.1 | 1 252.9 | 734.5 | 212.2 | 74.0 | 52.5 |
| Operating Income | (149.0) | (118.1) | (2 938.3) | (1 755.0) | 215.7 | 19.2 | (92.4) |
| PRE-TAX INCOME | |||||||
| Interest Income Expense | 0 | 21.4 | 0 | 0 | 0 | 0 | 0 |
| Total Other Income | 152.4 | 115.5 | 118.1 | 327.4 | 26.5 | 3.1 | 0.9 |
| Pre-Tax Income | 3.4 | (2.5) | (3 062.2) | (1 427.6) | 242.2 | 21.4 | (91.4) |
| NET INCOME | |||||||
| Tax Provision | 10.7 | (15.7) | 40.9 | (34.6) | 17.0 | 2.6 | (4.6) |
| Net Income | (7.3) | 13.2 | (3 103.2) | (1 393.0) | 226.6 | 19.6 | (87.0) |
| EPS | 0.028 | 0.0533 | 12.1 | 5.81 | 1.08 | 0.0836 | 0.37 |