China Online Education Group ( (COE) ) has released its Q3 earnings. Here is a breakdown of the information China Online Education Group presented to its investors.
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51Talk Online Education Group is a global online education platform specializing in English education, aiming to make quality education accessible and affordable through live interactive lessons. In its third-quarter 2025 earnings report, 51Talk announced significant growth in gross billings and net revenues, reflecting the company’s strong performance and strategic expansion efforts. The company reported gross billings of $40.5 million, marking a 104.6% increase from the previous year, and net revenues of $26.3 million, an 87.5% rise year-over-year. The number of active students also saw a substantial increase, reaching approximately 112,600, a 71.4% growth compared to the same period last year. Despite the impressive revenue growth, 51Talk reported an operating loss of $4.2 million for the quarter, with increased expenses in sales, marketing, and product development contributing to the loss. The company’s net loss attributable to ordinary shareholders was $4.8 million, compared to a $0.6 million loss in the same quarter of 2024. Looking ahead, 51Talk remains optimistic about its growth prospects and plans to continue expanding its global reach while maintaining disciplined capital allocation to drive long-term shareholder value.