Four Seasons Education (Cayman) Inc. (FEDU)

Four Seasons Education Income Statement

Financials in millions CNY. Fiscal year is March - February.

Year	2023	2022	2021	2020	2019
Revenue	125.45	34.22	250.22	280.28	389.05
Revenue Growth (YoY)	266.63%	-86.33%	-10.72%	-27.96%	15.91%
Cost of Revenue	79.95	19.92	149.62	168.83	200.93
Gross Profit	45.49	14.29	100.61	111.45	188.12
Selling, General & Admin	51.09	49.96	107.34	147.93	172.97
Other Operating Expenses	3.67	0	59.48	0	146.18
Operating Expenses	54.76	49.96	166.82	147.93	319.15
Operating Income	-9.27	-35.67	-66.21	-36.48	-131.04
Other Expense / Income	-15.33	-6.99	25.41	-13.04	-25.73
Pretax Income	6.06	-28.67	-91.62	-23.44	-105.3
Income Tax	1.1	0.99	21.84	4.76	4.19
Net Income	4.96	-29.67	-113.46	-28.2	-109.49
Shares Outstanding (Basic)	21	21	22	23	24
Shares Outstanding (Diluted)	24	21	22	23	24
Shares Change	11.21%	-5.59%	-2.77%	-2.27%	-1.60%
EPS (Basic)	2.30	-14.00	-50.40	-12.20	-46.30
EPS (Diluted)	2.10	-14.00	-50.40	-12.20	-46.30
Free Cash Flow	-40.06	-34.15	-101.2	20.68	73.01
Free Cash Flow Per Share	-18.93	-16.08	-44.99	8.94	30.85
Dividend Per Share	-	-	-	-	1.800
Gross Margin	36.27%	41.78%	40.21%	39.76%	48.35%
Operating Margin	-7.39%	-104.23%	-26.46%	-13.01%	-33.68%
Profit Margin	3.95%	-86.70%	-45.34%	-10.06%	-28.14%
Free Cash Flow Margin	-31.93%	-99.81%	-40.44%	7.38%	18.77%
Effective Tax Rate	18.16%	-	-	-	-
EBITDA	14.38	-22.12	-41.97	46.73	-30.74
EBITDA Margin	11.46%	-64.65%	-16.77%	16.67%	-7.90%
Depreciation & Amortization	8.32	6.55	49.65	70.17	74.56
EBIT	6.06	-28.67	-91.62	-23.44	-105.3
EBIT Margin	4.83%	-83.80%	-36.61%	-8.36%	-27.07%

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