Detail akcie 17Ed&Tech SpADR online

Business Summary: 17 Education & Technology Group Inc is a holding company mainly providing education technology services with an in-school and after-school integrated model. Its smart in-school classroom solution delivers data-driven teaching, learning and assessment products to teachers, students and parents across many kindergarten through twelfth grade (K-12) schools. The Company also offers other educational products and services that complement students’ in-school learning. The core functions of its in-school products are free of charge for teachers, students and parents to use. It also offers online K-12 large-class after-school tutoring services that complement students’ in-school learning. The Company mainly conducts its businesses in the China market.
Financial Summary: BRIEF: For the three months ended 31 March 2025, 17 Education & Technology Group Inc(ADR) revenues decreased 15% to RMB21.7M. Net loss decreased 45% to RMB30.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects General and administrative expenses decrease of 56% to RMB12M (expense), Sales and marketing expenses decrease of 35% to RMB10.9M (expense).