Four Seasons Education Income Statement

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

Millions CNY. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022	Feb '21 Feb 28, 2021
Revenue	261.7	251.08	125.45	34.22	250.22	280.28
Revenue Growth (YoY)	31.97%	100.15%	266.63%	-86.33%	-10.72%	-27.96%
Cost of Revenue	205.38	203.94	79.95	19.92	149.62	168.83
Gross Profit	56.31	47.14	45.49	14.29	100.61	111.45
Selling, General & Admin	57.17	62.87	51.09	49.96	107.34	147.93
Other Operating Expenses	-	-	3.67	-	59.48	-
Total Operating Expenses	57.17	62.87	54.76	49.96	166.82	147.93
Operating Income	-0.86	-15.74	-9.27	-35.67	-66.21	-36.48
Interest Income	11.78	16.2	7.24	2.28	3.23	3.4
Other Non-Operating Income (Expense)	-0.73	-0.37	5.91	0.89	2.85	13.8
Total Non-Operating Income (Expense)	11.05	15.83	13.15	3.17	6.08	17.2
Pretax Income	7.13	0.1	3.88	-32.5	-60.14	-19.27
Provision for Income Taxes	-1.69	0.72	1.1	0.99	21.84	4.76
Net Income	8.96	0.8	4.96	-29.67	-113.46	-28.2
Minority Interest in Earnings	-0.14	-1.43	-2.19	-3.82	-42.02	-3.54
Net Income to Common	8.96	0.8	4.96	-29.67	-113.46	-28.2
Net Income Growth	349.65%	-83.85%	-	-	-	-
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
Shares Change (YoY)	-3.33%	-6.61%	11.21%	-5.59%	-2.77%	-2.27%
EPS (Basic)	3.90	0.40	2.30	-14.00	-50.40	-12.20
EPS (Diluted)	3.90	0.40	2.10	-14.00	-50.40	-12.20
EPS Growth	457.14%	-80.95%	-	-	-	-
Shares Outstanding	2.02	2.02	1.82	2.12	2.12	0.12
Free Cash Flow	-	-37.25	-40.06	-34.15	-101.2	20.68
Free Cash Flow Growth	-	-	-	-	-	-71.67%
Free Cash Flow Per Share	-	-16.89	-16.96	-16.08	-44.99	8.94
Gross Margin	21.52%	18.77%	36.27%	41.78%	40.21%	39.76%
Operating Margin	-0.33%	-6.27%	-7.39%	-104.24%	-26.46%	-13.01%
Profit Margin	3.37%	-0.25%	2.21%	-97.87%	-47.45%	-9.95%
FCF Margin	-	-14.83%	-31.93%	-99.81%	-40.44%	7.38%
EBITDA	-0.86	-3.74	-0.95	-29.11	-16.56	33.69
EBITDA Margin	-0.33%	-1.49%	-0.76%	-85.09%	-6.62%	12.02%
EBIT	-0.86	-15.74	-9.27	-35.67	-66.21	-36.48
EBIT Margin	-0.33%	-6.27%	-7.39%	-104.24%	-26.46%	-13.01%
Effective Tax Rate	-23.66%	760.00%	28.41%	-3.06%	-36.32%	-24.70%

Updated Dec 2, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

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