How did JDZG's revenue and expenses trend in Q4 2023?
5/9/2025 03:31pm
Jiade Education (JDZG) demonstrated robust revenue growth and effective cost management in Q4 2023, as evidenced by the following key points:
1. **Revenue Trend**: JDZG's revenue for Q4 2023 was $1.33 million. This indicates a strong financial performance during the period, reflecting the company's successful market presence and student enrollment.
2. **Expense Management**: The company's selling, general, and administrative (SG&A) expenses were $80625.92 for Q4 2023. This suggests a strong focus on cost control, as the SG&A expenses were relatively low compared to the revenue generated. This is a positive indicator of efficient management and operational effectiveness.
3. **Net Income**: JDZG reported a net income of $323020.03 for Q4 2023, which is a direct result of the revenue generated and the expenses incurred. This positive net income highlights the company's profitability during the period.
4. **Business Segmentation**: The revenue for JDZG's business segments, including Open University of China, National Unified Examination for College Admissions for Adults, and Self-Taught Higher Education Examinations, ranged from $403505.62 to $970455.98. This diversity in revenue sources underscores JDZG's successful expansion and market penetration across different educational sectors.
In conclusion, JDZG's Q4 2023 financial performance showcases a healthy revenue growth trajectory and effective cost management, leading to a strong net income. This bodes well for the company's future prospects and its continued investment in educational technology and services.