China Liberal Education Holdings Limited (CLEU)

CLEU Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	2.89	5.22	3.91	5.02	5.26
Revenue Growth (YoY)	-44.69%	33.48%	-22.17%	-4.43%	9.29%
Cost of Revenue	1.24	1.18	1.15	2.16	3.36
Gross Profit	1.65	4.03	2.76	2.87	1.9
Selling, General & Admin	2.91	4.85	3.93	1.43	1.38
Other Operating Expenses	-0.33	0.73	0	0	0
Operating Expenses	2.59	5.58	3.93	1.43	1.38
Operating Income	-0.93	-1.55	-1.17	1.44	0.52
Interest Expense / Income	0.29	0.14	0	0	0
Other Expense / Income	3.73	-0.46	-0.22	-0.08	-0.08
Pretax Income	-4.96	-1.23	-0.95	1.51	0.59
Income Tax	0	0.46	0.3	0.3	0.16
Net Income	-4.96	-1.69	-1.25	1.21	0.44
Net Income Growth	-	-	-	176.02%	-48.03%
Shares Outstanding (Basic)	2	1	1	0	0
Shares Outstanding (Diluted)	2	1	1	0	0
Shares Change	97.56%	70.01%	77.17%	17.05%	-
EPS (Basic)	-1.65	-1.94	-1.81	3.15	1.35
EPS (Diluted)	-1.65	-1.94	-1.81	3.15	1.35
EPS Growth	-	-	-	133.33%	-47.06%
Free Cash Flow	-3.78	0.42	-1.43	0.61	-0.36
Free Cash Flow Per Share	-1.63	0.36	-2.06	1.57	-1.07
Gross Margin	57.20%	77.31%	70.61%	57.06%	36.06%
Operating Margin	-32.38%	-29.68%	-29.94%	28.60%	9.87%
Profit Margin	-171.81%	-32.37%	-31.97%	24.06%	8.33%
Free Cash Flow Margin	-131.13%	8.12%	-36.46%	12.24%	-6.78%
Effective Tax Rate	-	-	-	20.06%	26.27%
EBITDA	-4.56	-0.93	-0.84	1.57	0.64
EBITDA Margin	-157.85%	-17.74%	-21.40%	31.24%	12.11%
Depreciation & Amortization	0.11	0.17	0.11	0.06	0.04
EBIT	-4.67	-1.09	-0.95	1.51	0.59
EBIT Margin	-161.70%	-20.93%	-24.22%	30.10%	11.30%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).