GOTU
Gaotu Techedu
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About GOTU
Gaotu Techedu Inc.
A technology-driven education company and online large-class tutoring service provider in China
Integrated Consumer Services
Invalid Date
06/06/2019
New York Stock Exchange
14381
12-31
Depository Receipts (Ordinary Shares)
5F, Gientech Building, 17 East Zone, 10 Xibeiwang East Road, Haidian District, Beijing 100193, China
Online education and training
Gaotu Education Technology Co., Ltd. is a technology education company with both educational genes and technology driving force. Its headquarter is located in Centergate Science and Technology Park, Haidian District, Beijing, China. Its predecessor, GSX, was founded in June 2014 under the leadership of Chen Xiangdong. The team members are mainly composed of core technical backbones from famous education and training institutions such as New Oriental and Internet companies such as Baidu and Ali. Adhering to the mission of "making learning better", Gaotu has promoted educational progress and inclusive education through the combination of big data, artificial intelligence and online education. At present, the courses and services provided by Gaotu cover quality education and training for primary and secondary school students, university education and training, adult education and training, vocational education and training, and intelligent learning services. On March 30, 2015, the company announced a US $50 million Series A financing, setting a new record for a Chinese startup company's Series A financing; in November 2015, it was awarded the title of "Forbes 2015 Fastest Growing Technology Company in China" published by Forbes; on June 6, 2019, the company successfully landed on the New York Stock Exchange under its brand name "GSX". On April 22, 2021, the company unified the aggregate brand name as "Gaotu".
Company Financials
EPS
GOTU has released its 2024 Q4 earnings. EPS was reported at -0.07, versus the expected -0.08, beating expectations. The chart below visualizes how GOTU has performed over recent quarters, highlighting trends in earnings surprises.
Revenue & Expenses
GOTU has released its 2024 Q4 earnings report, with revenue of 190.24M, reflecting a YoY change of 77.49%, and net profit of -18.61M, showing a YoY change of -10.43%. The Sankey diagram below clearly presents GOTU’s revenue sources and cost distribution.
Forecast
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