51talk Online Education Group cash flow statement

In fiscal 2025, 51talk Online Education Group's operations generated $11.8m of cash; it spent $2.3m on capital projects, leaving free cash flow of $9.5m.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

51talk Online Education Group: cash flow statement, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash from operations	4	8	4	57	104	−105	−46	1	6	12
Depreciation and amortisation	2	4	5	4	3	0	0	0	0	0
Stock-based pay	7	5	4	2	0	0	1	1	1	1
Capital spending	5	5	3	1	3	4	0	0	0	2
Free cash flow	−1	3	2	56	101	−109	−46	0	6	10
Free cash flow after stock pay	−8	−2	−2	53	101	−109	−46	−1	5	8
Share buybacks	—	—	—	1	4	3	—	—	—	—
Shares issued	61	—	—	—	—	—	—	—	—	—

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from 51talk Online Education Group's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to 51talk Online Education Group.