ATA Creativity Global (AACG)

ATA Creativity Global Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	268.11	268.06	221.62	206.82	202.21
Revenue Growth (YoY)	0.02%	20.95%	7.16%	2.28%	24.69%
Cost of Revenue	137.8	126.8	106.96	104.32	97.41
Gross Profit	130.31	141.27	114.66	102.51	104.8
Selling, General & Admin	161.4	180.78	151.55	152.32	159.41
Research & Development	3.07	3.7	4.63	6.79	11.8
Other Operating Expenses	29.95	-0.17	-0.03	-0.02	-0.02
Total Operating Expenses	194.42	184.31	156.15	159.09	171.19
Operating Income	-64.11	-43.04	-41.5	-56.59	-66.39
Other Non-Operating Income (Expense)	12.49	0.54	0.97	2.07	28.44
Total Non-Operating Income (Expense)	12.49	0.54	0.97	2.07	28.44
Pretax Income	-51.63	-42.5	-40.52	-54.52	-37.95
Provision for Income Taxes	-3.58	-6.4	-6.81	-5.92	-1.54
Net Income	-48.05	-36.1	-33.66	-47.89	-33.65
Minority Interest in Earnings	-0	-0	-0.05	-0.7	-2.76
Net Income to Common	-48.05	-36.1	-33.66	-47.89	-33.65
Shares Outstanding (Basic)	32	31	31	31	31
Shares Outstanding (Diluted)	32	31	31	31	31
Shares Change (YoY)	0.68%	0.30%	0.06%	0.01%	0.14%
EPS (Basic)	-1.52	-1.14	-1.08	-1.52	-1.14
EPS (Diluted)	-1.52	-1.14	-1.08	-1.52	-1.14
Shares Outstanding	31.8	31.62	31.45	31.38	31.38
Free Cash Flow	-17.12	-23.37	6.51	-16.23	-36.29
Free Cash Flow Per Share	-0.54	-0.74	0.21	-0.52	-1.16
Gross Margin	48.60%	52.70%	51.74%	49.56%	51.83%
Operating Margin	-23.91%	-16.06%	-18.72%	-27.36%	-32.83%
Profit Margin	-17.92%	-13.47%	-15.21%	-23.50%	-32.83%
FCF Margin	-6.39%	-8.72%	2.94%	-7.85%	-17.94%
EBITDA	-42.61	-18.82	-19.51	-34	-43.36
EBITDA Margin	-15.89%	-7.02%	-8.80%	-16.44%	-21.45%
EBIT	-64.11	-43.04	-41.5	-56.59	-66.39
EBIT Margin	-23.91%	-16.06%	-18.72%	-27.36%	-32.83%
Effective Tax Rate	6.93%	15.06%	16.81%	10.86%	4.06%

Updated Jan 1, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q