51 Talk Online Education Group (COE)

COE Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	-15.03	-42.56	18.74	21.24	-15.51
Depreciation & Amortization	0.1	0.1	0.1	0	3.95
Share-Based Compensation	0.91	0.71	0.22	0	2.48
Other Operating Activities	14.58	-3.96	-124.08	82.94	68.16
Operating Cash Flow	0.56	-45.7	-105.03	104.18	59.09
Operating Cash Flow Growth	-	-	-	76.30%	1236.20%
Capital Expenditures	-0.29	0.1	0	0	-1.41
Acquisitions	0	-20.48	0	0	0
Change in Investments	2.74	12.74	5.76	0	-59.68
Other Investing Activities	-	10.15	92.54	-105.99	-0.23
Investing Cash Flow	2.45	2.51	98.31	-105.99	-61.32
Share Issuance / Repurchase	0	0	0.01	0	-0.25
Debt Issued / Paid	0	0	0	0	-7.85
Other Financing Activities	-	20.48	-2.36	1.29	-
Financing Cash Flow	0	20.48	-2.35	1.29	-8.1
Exchange Rate Effect	0.1	-0.71	0.62	1.42	-0.1
Net Cash Flow	3.11	-23.42	-8.45	0.9	-10.42
Free Cash Flow	0.27	-45.6	-105.03	104.18	57.68
Free Cash Flow Growth	-	-	-	80.62%	3090.10%
Free Cash Flow Margin	1.00%	-303.03%	-13328.43%	-	26.27%
Free Cash Flow Per Share	0.05	-8.15	-19.18	19.56	11.22

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