ATA Creativity Global
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $38.3M | $37.3M | $31.3M | $30.0M | $31.7M | $23.5M | $14.1M | $194.7K |
| Portfolio Training Services | $26.9M | $27.7M | $23.5M | — | $23.8M | $16.4M | $9.2M | — |
| Research-based Learning Services | $2.8M | $2.1M | $920.5K | — | $938.0K | $645.4K | $1.5M | — |
| Overseas Study Counselling Services | $5.1M | $4.5M | $4.1M | — | $3.7M | $3.1M | $1.2M | — |
| K12 Education Assessment and Other Services | — | — | — | — | $0 | $498.2K | $918.7K | — |
| Other Educational Services | $3.5M | $3.0M | $2.8M | — | $3.3M | $2.9M | $1.3M | — |
| Cost of Revenue | $19.7M | $17.4M | $15.1M | $15.1M | $15.3M | $15.1M | $8.9M | $618.3K |
| Gross Profit | $18.6M | $19.4M | $16.1M | $14.9M | $16.4M | $9.8M | $5.2M | $-423.7K |
| Gross Margin | 48.6% | 51.9% | 51.6% | 49.6% | 51.8% | 41.5% | 36.4% | -217.6% |
| Operating Expenses | ||||||||
| Research & Development | $439.2K | $507.3K | $652.1K | $984.6K | $1.9M | $1.4M | $1.7M | $2.8M |
| SG&A Expense | $11.3M | $11.1M | $10.3M | $11.2M | $14.6M | $15.3M | $11.8M | $6.3M |
| Operating Income | $-9.2M | $-5.9M | $-5.8M | $-8.2M | $-10.4M | $-16.5M | $-16.9M | $-9.9M |
| Operating Margin | -23.9% | -15.8% | -18.7% | -27.4% | -32.8% | -70.1% | -119.6% | -5,064.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-7.4M | $-5.8M | $-5.7M | $-7.9M | $-6.0M | $-17.0M | $-20.3M | $-9.9M |
| Income Tax Expense | $-511.7K | $-877.0K | $-959.4K | $-858.5K | $-241.6K | $-1.6M | $-1.0M | — |
| Net Income | $-6.9M | $-4.9M | $-4.7M | $-6.9M | $-5.3M | $-14.1M | $-17.6M | $124.3M |
| Net Margin | -17.9% | -13.3% | -15.1% | -23.2% | -16.6% | -60.1% | -124.1% | 63,867.6% |
| EPS (Basic) | $-0.11 | $-0.08 | $-0.08 | $-0.11 | $-0.09 | $-0.24 | $-0.36 | $2.65 |
| EPS (Diluted) | $-0.11 | $-0.08 | $-0.08 | $-0.11 | $-0.09 | $-0.24 | $-0.36 | $2.65 |
| Shares Outstanding (Basic) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Diluted) | 63.4M | 63.0M | 62.8M | 62.8M | 62.7M | 62.7M | 50.9M | 45.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |