51Talk Online Education Group (COE) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q4'20 | Q2'20 | Q1'20 | Q1'19 | Q4'16 | Q1'16 | Q4'15 |
|---|
| Cash from Operations | 11.81M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -170.73M | 0 | 0 | 0 | 24.28M | 1.25M | 32.45M | -575.11K | -49.13M |
| Operating CF Margin % | 38.41% | - | - | - | - | - | - | - | -3380.12% | - | - | - | 35.45% | 2.62% | 175.74% | -5.15% | -598.17% |
| Operating CF Growth % | - | - | - | - | - | - | - | - | - | - | - | - | 1843.45% | - | 166.05% | - | - |
| Net Income | 49.49M | -33.85M | -21.83M | -10.67M | -11.9M | -3.86M | -2.9M | -2.4M | -2M | -2.8M | 31.82M | 32.77M | 7.14M | -9.87M | -154.16M | 0 | -114.33M |
| Depreciation & Amortization | 434K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.58M | 0 | 0 | 0 | 657.92K | 1.1M | 16.58M | 0 | 0 |
| Stock-Based Compensation | -5.77M | 2.61M | 2.47M | 2.03M | 1.51M | 1.77M | 1.44M | 1.52M | -5.49M | 1.46M | 0 | 0 | 872.12K | 576.48K | 0 | 0 | 0 |
| Deferred Taxes | 427K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 126K | 0 | 0 | 0 | -562 | -2.53K | 0 | 0 | 0 |
| Other Non-Cash Items | -58.55M | 31.25M | 19.36M | 8.65M | 10.39M | 3.86M | 2.9M | 2.4M | -47.98M | 2.8M | -31.82M | -32.77M | 26.16K | -111.27K | -312.37M | -575.11K | 114.33M |
| Working Capital Changes | 25.78M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -110.81M | 0 | 0 | 0 | 15.58M | 9.55M | 482.4M | 0 | -49.13M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 363K | 0 | 0 | 0 | -51.05K | -75.67K | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -952K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 166.64M | 0 | 0 | 0 | -24.51M | -23.23M | -286.7M | 5.35M | -149.99M |
| Capital Expenditures | -2.29M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.31M | 0 | 0 | 0 | -432.75K | -270.21K | -33.25M | -915.31K | -7.92M |
| CapEx % of Revenue | 7.46% | - | - | - | - | - | - | - | 65.63% | - | - | - | 0.63% | 0.57% | 180.07% | 8.2% | 96.43% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7.67M | 0 | 0 | 0 | -29.82K | 0 | -253.45M | -153.09K | -142.07M |
| Cash from Financing | 218K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32.03M | 0 | 0 | 0 | -1.62M | -1.89M | 424.49M | 0 | 18.67M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.3M | -1.92M | 0 | 0 | 0 |
| Equity Issued (Net) | 218K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -984 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7K | 0 | 0 | 0 | -984 | 0 | 424.49M | 0 | 18.67M |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32.03M | 0 | 0 | 0 | 679.15K | 28.3K | 424.49M | 0 | 18.67M |
| Net Change in Cash | 38.87M | 5.76M | -1.64M | 1.66M | 5.57M | 3.11M | -1.94M | 618K | -4.05M | 144K | 0 | 0 | -1.65M | -24.75M | 198M | 4.64M | -176.63M |
| Free Cash Flow | 9.52M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -167.41M | 0 | 0 | 0 | 23.82M | 979.26K | -800K | -1.64M | -57.05M |
| FCF Margin % | 30.95% | - | - | - | - | - | - | - | -3314.49% | - | - | - | 34.77% | 2.05% | -4.33% | -14.72% | -694.59% |
| FCF Growth % | - | - | - | - | - | - | - | - | - | - | - | - | 2332.03% | - | 98.6% | - | - |
| FCF per Share | 95.76 | - | - | - | - | - | - | - | -1785.51 | - | - | - | 254.49 | 11.52 | -9.59 | -19.70 | -683.72 |
| FCF Conversion (FCF/Net Income) | -1.82x | - | - | - | - | - | - | - | 85.28x | - | - | - | 3.40x | -0.13x | -1.46x | 0.04x | 2.90x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.66K | 164.9K | 0 | 0 | 0 |
| Taxes Paid | 95K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 557.08K | 88.03K | 0 | 0 | 0 |