COE News & Events

51Talk Online Education announced that its board of directors has authorized a new share repurchase program under which the company may repurchase up to $10M worth of its shares over the next 12 months, ending on December 7, 2026.

The company said, "For the second quarter of 2025, the Company currently expects net gross billings to be between US$24.5 million and US$25.5 million, which would represent a sequential growth of 11.7% to 16.3% and an increase of approximately 54.4% to 60.7% from the same quarter last year."

Reports Q1 revenue $18.25M vs. $9.45M last year. The number of active students with attended lesson consumption was approximately 81,100 in the first quarter of 2025, representing a 75.5% increase from approximately 46,200 for the first quarter of 2024. "Our first-quarter gross billings increased by 74.6% compared to the same period last year, highlighting the progress we've made and the robustness of our business model. We remain confident in the sustainable growth trajectory of our operations. Looking ahead, we are encouraged by the positive momentum in the second quarter. Breakthroughs in our existing markets are driving results, and we are seeing promising early returns from our strategic investments in new regions." stated Jack Jiajia Huang, founder, chairman, and CEO of 51Talk.

The company said, "For the fourth quarter of 2024, the Company currently expects net gross billings to be between $20.5 million and $21.0 million, which would represent a sequential growth of 3.7% to 6.2%. The foregoing outlook is based on current market conditions and reflects the Company's current and preliminary estimates of market and operating conditions and customer demand, which are all subject to change."