51talk Online Education vs Legacy Education
51talk Online Education is the larger business, with $95.6m of revenue in fiscal 2025 against $80.1m for Legacy Education (1.2 times as much). 51talk Online Education grew faster (88.6% against 24.8%). Legacy Education kept more of each dollar of sales as profit: a net margin of 11.4% against -17.6%.
| Latest fiscal year | 51talk Online EducationCOE, 2025 | Legacy EducationLGCY, 2026 |
|---|---|---|
| Revenue | $95.6m | $80.1m |
| Revenue growth | 88.6% | 24.8% |
| Net income | −$16.8m | $9.1m |
| Operating margin | — | 14.8% |
| Net margin | -17.6% | 11.4% |
| Return on equity | — | 19.5% |
| Free cash flow | $9.5m | $2.7m |
| Cash | $38.9m | $22.7m |
| Total debt | $0 | $183,727 |
| Debt to equity | — | 0.3% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $66.4m | $122m |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | — | — |
| Insider trades, 12 months | 126 buys, 0 sales | 1 buys, 7 sales |