May. 15 at 6:57 AM
$GOTU PROFITABILITY REACHED! Fantastic ER!
Net revenues were RMB1,493.0 million, increased by 57.7% from RMB946.9 million in the same period of 2024.
Gross billings[2] were RMB888.7 million, increased by 21.8% from RMB729.4 million in the same period of 2024.
Income from operations was RMB34.8 million, compared with loss from operations of RMB77.7 million in the same period of 2024.
Net income was RMB124.0 million, compared with net loss of RMB12.3 million in the same period of 2024.
Non-GAAP net income was RMB137.3 million, increased by 4,419.2% from RMB3.0 million in the same period of 2024.
Net operating cash outflow was RMB477.2 million, compared with RMB197.4 million in the same period of 2024.
$TAL $EDU
