China Liberal Education Holdings Limited (CLEUF)

CLEUF Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2.41	2.89	5.22	3.91	5.02	5.26
Revenue Growth (YoY)	-46.71%	-44.69%	33.48%	-22.17%	-4.43%	9.29%
Cost of Revenue	0.87	1.24	1.18	1.15	2.16	3.36
Gross Profit	1.54	1.65	4.03	2.76	2.87	1.9
Selling, General & Admin	4.09	2.91	4.85	3.93	1.43	1.38
Operating Expenses	6.61	2.59	5.58	3.93	1.43	1.38
Operating Income	-5.07	-0.93	-1.55	-1.17	1.44	0.52
Interest & Investment Income	0	0	0.01	0.09	0.1	0.01
Other Non Operating Income (Expenses)	-0.1	-0.16	-0.28	0.13	0.01	0.07
EBT Excluding Unusual Items	-5.22	-1.09	-1.82	-0.95	1.55	0.59
Impairment of Goodwill	-2.73	-2.73	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-0	-0.04	-
Pretax Income	-7.95	-3.82	-1.82	-0.95	1.51	0.59
Income Tax Expense	0	0	0.46	0.3	0.3	0.16
Earnings From Continuing Operations	-7.95	-3.82	-2.28	-1.25	1.21	0.44
Earnings From Discontinued Operations	-2.11	-1.13	0.59	-	-	-
Net Income to Company	-10.06	-4.96	-1.69	-1.25	1.21	0.44
Net Income	-10.06	-4.96	-1.69	-1.25	1.21	0.44
Net Income to Common	-10.06	-4.96	-1.69	-1.25	1.21	0.44
Net Income Growth	-	-	-	-	176.02%	-48.03%
Free Cash Flow	0.02	-3.78	0.42	-1.43	0.61	-0.36
Gross Margin	63.93%	57.20%	77.31%	70.61%	57.06%	36.06%
Operating Margin	-210.08%	-32.38%	-29.68%	-29.94%	28.60%	9.87%
Profit Margin	-416.83%	-171.81%	-32.37%	-31.97%	24.06%	8.33%
Free Cash Flow Margin	0.93%	-131.13%	8.12%	-36.45%	12.23%	-6.78%
EBITDA	-5	-0.86	-1.47	-1.15	1.45	0.56
EBITDA Margin	-207.26%	-29.82%	-28.16%	-29.47%	28.92%	10.63%
D&A For EBITDA	0.07	0.07	0.08	0.02	0.02	0.04
EBIT	-5.07	-0.93	-1.55	-1.17	1.44	0.52
EBIT Margin	-210.08%	-32.38%	-29.68%	-29.94%	28.60%	9.87%
Effective Tax Rate	-	-	-	-	20.06%	26.27%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.