AMBOW EDUCATION HOLDING LTD.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.5M | $9.4M | $9.2M | $14.8M | $17.8M | $81.5M | $83.9M | $77.3M |
| Cost of Revenue | $4.3M | $4.4M | $6.7M | $14.6M | $15.4M | $59.4M | $55.9M | $49.2M |
| Gross Profit | $5.2M | $5.0M | $2.5M | $284.0K | $2.4M | $22.1M | $28.0M | $28.1M |
| Gross Margin | 54.8% | 53.1% | 27.2% | 1.9% | 13.6% | 27.2% | 33.4% | 36.4% |
| Operating Expenses | ||||||||
| Research & Development | $628.0K | $438.0K | $484.0K | — | $2.3M | $874.0K | $545.0K | $220.0K |
| SG&A Expense | $3.4M | $4.3M | $5.3M | $7.6M | $7.9M | $26.7M | $27.9M | $19.3M |
| Operating Income | $112.0K | $-722.0K | $-4.3M | $-9.5M | $-8.6M | $-19.1M | $-14.0M | $2.2M |
| Operating Margin | 1.2% | -7.7% | -47.0% | -63.9% | -48.5% | -23.4% | -16.7% | 2.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $1.4M | $-530.0K | $-3.2M | $-9.3M | $-7.2M | $-9.6M | $-12.6M | $7.0M |
| Income Tax Expense | $6.0K | $-839.0K | $14.0K | — | $-505.0K | $163.0K | $1.9M | $509.0K |
| Net Income | $1.4M | $309.0K | $-3.2M | $-14.3M | $470.0K | $-9.6M | $-14.4M | $6.5M |
| Net Margin | 14.4% | 3.3% | -34.7% | -96.4% | 2.6% | -11.8% | -17.1% | 8.5% |
| EPS (Basic) | $0.02 | $0.01 | $-0.06 | $-0.19 | $-0.14 | $-0.22 | $-0.33 | $0.16 |
| EPS (Diluted) | $0.02 | $0.01 | $-0.06 | $-0.19 | $-0.14 | $-0.22 | $-0.33 | $0.16 |
| Shares Outstanding (Basic) | 57.1M | 57.1M | 56.3M | 49.5M | 46.7M | 44.4M | 43.5M | 41.3M |
| Shares Outstanding (Diluted) | 57.6M | 57.1M | 56.3M | 49.5M | 46.7M | 44.4M | 43.5M | 41.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |