ATA Creativity Global (AACG)

ATA Creativity Global Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	275.73	268.06	221.62	206.82	202.21	162.17
Revenue Growth (YoY)	21.24%	20.95%	7.16%	2.28%	24.69%	65.87%
Cost of Revenue	127.2	126.8	106.96	104.32	97.41	104.43
Gross Profit	148.52	141.26	114.66	102.51	104.8	57.74
Selling, General & Admin	183.44	180.78	151.55	152.32	159.41	153.6
Research & Development	3.42	3.7	4.63	6.79	11.8	8.83
Other Operating Expenses	-0.17	-0.17	-0.03	-0.02	-0.02	-0.33
Operating Expenses	186.69	184.31	156.15	159.09	171.19	162.1
Operating Income	-38.17	-43.04	-41.5	-56.59	-66.39	-104.36
Interest & Investment Income	0.73	1	0.98	0.76	1.11	1.17
Currency Exchange Gain (Loss)	-0.02	-0.02	-0	0.01	-0.21	-1.05
EBT Excluding Unusual Items	-37.46	-42.06	-40.52	-55.82	-65.49	-104.24
Gain (Loss) on Sale of Investments	-	-	-	-	-6	-1.73
Gain (Loss) on Sale of Assets	-0.44	-0.44	-	1.31	33.54	-1.77
Asset Writedown	-	-	-	-	-	-3.12
Pretax Income	-37.9	-42.5	-40.52	-54.52	-37.95	-110.85
Income Tax Expense	-6.4	-6.4	-6.81	-5.92	-1.54	-10.27
Earnings From Continuing Operations	-31.49	-36.1	-33.71	-48.59	-36.41	-100.58
Net Income to Company	-31.49	-36.1	-33.71	-48.59	-36.41	-100.58
Minority Interest in Earnings	0	0	0.05	0.7	2.76	8.39
Net Income	-31.49	-36.1	-33.66	-47.89	-33.65	-92.2
Preferred Dividends & Other Adjustments	-	-	-	-	2.28	6.18
Net Income to Common	-31.49	-36.1	-33.66	-47.89	-35.93	-98.38
Shares Outstanding (Basic)	32	31	31	31	31	31
Shares Outstanding (Diluted)	32	31	31	31	31	31
Shares Change (YoY)	1.57%	0.30%	0.06%	0.01%	0.14%	23.07%
EPS (Basic)	-0.99	-1.15	-1.07	-1.53	-1.15	-3.14
EPS (Diluted)	-0.99	-1.15	-1.08	-1.53	-1.15	-3.14
Free Cash Flow	-	-23.37	6.51	-16.23	-36.29	-32.78
Free Cash Flow Per Share	-	-0.74	0.21	-0.52	-1.16	-1.05
Gross Margin	53.87%	52.70%	51.74%	49.56%	51.82%	35.61%
Operating Margin	-13.84%	-16.06%	-18.72%	-27.36%	-32.83%	-64.35%
Profit Margin	-11.42%	-13.47%	-15.19%	-23.16%	-17.77%	-60.67%
Free Cash Flow Margin	-	-8.72%	2.94%	-7.85%	-17.94%	-20.22%
EBITDA	-13.38	-18.82	-19.51	-34	-43.36	-74.44
EBITDA Margin	-4.85%	-7.02%	-8.80%	-16.44%	-21.45%	-45.91%
D&A For EBITDA	24.79	24.23	21.98	22.59	23.03	29.91
EBIT	-38.17	-43.04	-41.5	-56.59	-66.39	-104.36
EBIT Margin	-13.84%	-16.06%	-18.72%	-27.36%	-32.83%	-64.35%

Updated Apr 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q