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51Talk Online Education Group Appoints Ernst & Young as New Auditor

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51Talk Online Education Group Appoints Ernst & Young as New Auditor

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China Online Education Group ( (COE) ) just unveiled an announcement.

On August 29, 2025, 51Talk Online Education Group announced the dismissal of Marcum Asia CPAs LLP as its independent registered public accounting firm, with the transition to Ernst & Young LLP effective September 3, 2025. This change was not due to any disagreements or unresolved matters with Marcum, and the company expressed gratitude for Marcum’s past services. The appointment of Ernst & Young LLP is expected to enhance the company’s financial reporting for the fiscal year ending December 31, 2025.

Spark’s Take on COE Stock

According to Spark, TipRanks’ AI Analyst, COE is a Neutral.

China Online Education Group’s strong revenue growth and improved cash flow are offset by persistent profitability and solvency issues. The technical analysis suggests some upward momentum, though caution is advised due to potential overbought conditions. The negative P/E ratio and lack of dividend yield weigh on valuation. Overall, while there are positive developments, significant financial risks remain.

To see Spark’s full report on COE stock, click here.

More about China Online Education Group

51Talk Online Education Group is a global online education platform specializing in English education. The company aims to make quality education accessible and affordable through its online and mobile platforms, which offer live interactive English lessons on demand. By connecting students with highly qualified teachers and utilizing data analytics, 51Talk provides a personalized learning experience.

Average Trading Volume: 17,246

Technical Sentiment Signal: Buy

Current Market Cap: $208.1M

For detailed information about COE stock, go to TipRanks’ Stock Analysis page.

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