Ruanyun Edai Technology Inc. (RYET)

Ruanyun Edai Technology will go public soon, but the exact IPO date is still unknown.
IPO Price Range
$4.00 - $5.00
Shares Offered
3,750,000
Deal Size
$16.88M
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Market Cap 151.88M
Revenue (ttm) 9.18M
Net Income (ttm) -2.84M
Shares Out 33.75M
EPS (ttm) -0.08
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume n/a
Open n/a
Previous Close n/a
Day's Range n/a
52-Week Range n/a
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date n/a

About RYET

Ruanyun Edai Technology is a data driven artificial intelligence technology company focused on kindergarten through year twelve, or K-12 education in China. We bring technology to schools, and we are committed to reforming the traditional Chinese education and learning model by facilitating schools, teachers and students with new teaching, learning, and assessment methods in the A.I. era. We have one of the most comprehensive online learning ecosystems covering all K-12 subject fields and grade levels, one of the largest academic exercise quest... [Read more]

Industry Consumer Discretionary
Sector Diversified Consumer Services
Founded 2012
Employees 186
Stock Exchange NASDAQ
Ticker Symbol RYET
Full Company Profile

Financial Performance

In 2023, Ruanyun Edai Technology's revenue was $9.15 million, an increase of 0.23% compared to the previous year's $9.13 million. Losses were -$2.01 million, 70.4% more than in 2022.

Financial Statements

News

Chinese education software provider Ruanyun Edai Technology revives $17 million US IPO with revised terms

Ruanyun Edai Technology, a Chinese provider of AI-driven learning and testing solutions for K-12 education, lowered the proposed deal size for its upcoming IPO on Friday. In its latest filing the comp...

2 months ago - Renaissance Capital

Ruanyun Edai Technology IPO Registration Document (F-1)

Ruanyun Edai Technology has filed to go public with an IPO on the NASDAQ.

2 months ago - SEC

Ruanyun Edai Technology Finalizes $27.5 Million U.S. IPO Plan

Ruanyun Edai Technology has filed proposed terms to raise $27.5 million in a U.S. IPO. The firm provides K-12 educational materials and technologies in China.

1 year ago - Seeking Alpha

Chinese education software provider Ruanyun Edai Technology files and sets terms for a $28 million US IPO

Ruanyun Edai Technology, a provider of learning software utilizing artificial intelligence in China, filed on Thursday with the SEC to raise up to $28 million in an initial public offering.

2 years ago - Renaissance Capital

Ruanyun Edai Technology IPO Registration Document (F-1)

Ruanyun Edai Technology has filed to go public with an IPO on the NASDAQ.

2 years ago - SEC