17 Education & Technology Group Inc Financials
This page shows 17 Education & Technology Group Inc (YQ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
17 Education & Technology Group Inc has an operating margin of -113.0%, meaning the company retains $-113 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -200.5% the prior year.
17 Education & Technology Group Inc's revenue grew 7.7% year-over-year to $25.9M, a solid pace of expansion. This earns a growth score of 50/100.
17 Education & Technology Group Inc carries a low D/E ratio of 0.40, meaning only $0.40 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.36, 17 Education & Technology Group Inc holds $3.36 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
While 17 Education & Technology Group Inc generated -$19.1M in operating cash flow, capex of $1.3M consumed most of it, leaving -$20.4M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
17 Education & Technology Group Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, 17 Education & Technology Group Inc generates $0.72 in operating cash flow (-$19.1M OCF vs -$26.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
17 Education & Technology Group Inc generated $25.9M in revenue in fiscal year 2024. This represents an increase of 7.7% from the prior year.
17 Education & Technology Group Inc's EBITDA was -$27.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 40.0% from the prior year.
17 Education & Technology Group Inc generated -$20.4M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 39.4% from the prior year.
17 Education & Technology Group Inc reported -$26.4M in net income in fiscal year 2024. This represents an increase of 39.8% from the prior year.
17 Education & Technology Group Inc earned $-0.07 per diluted share (EPS) in fiscal year 2024. This represents an increase of 30.0% from the prior year.
17 Education & Technology Group Inc held $32.1M in cash against $0 in long-term debt as of fiscal year 2024.
17 Education & Technology Group Inc's gross margin was 36.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 10.6 percentage points from the prior year.
17 Education & Technology Group Inc's operating margin was -113.0% in fiscal year 2024, reflecting core business profitability. This is up 87.5 percentage points from the prior year.
17 Education & Technology Group Inc's net profit margin was -102.0% in fiscal year 2024, showing the share of revenue converted to profit. This is up 80.4 percentage points from the prior year.
17 Education & Technology Group Inc invested $9.9M in research and development in fiscal year 2024. This represents a decrease of 58.3% from the prior year.
17 Education & Technology Group Inc invested $1.3M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 65.7% from the prior year.
YQ Income Statement
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 |
|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A |
YQ Balance Sheet
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 |
|---|---|---|---|---|---|
| Total Assets | $75.3M-21.9% | $96.4M-32.2% | $142.2M-42.7% | $248.0M-52.3% | $519.5M |
| Current Assets | $69.7M-21.5% | $88.8M-32.9% | $132.4M-37.1% | $210.7M-54.9% | $466.9M |
| Cash & Equivalents | $32.1M-25.8% | $43.2M-57.9% | $102.6M-44.6% | $185.3M-57.3% | $434.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $9.2M+10.2% | $8.3M+65.2% | $5.0M | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $21.4M-20.3% | $26.8M-16.6% | $32.1M-73.9% | $122.9M-39.5% | $203.2M |
| Current Liabilities | $20.8M-18.3% | $25.4M-18.1% | $31.0M-71.0% | $107.2M-42.0% | $184.8M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $53.9M-22.5% | $69.6M-36.7% | $110.0M-12.0% | $125.1M-60.5% | $316.3M |
| Retained Earnings | -$1.5B+1.0% | -$1.5B-0.1% | -$1.5B+6.0% | -$1.6B-19.5% | -$1.3B |
YQ Cash Flow Statement
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 |
|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A |
YQ Financial Ratios
| Metric | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 |
|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 3.36-0.1 | 3.49-0.8 | 4.27+2.3 | 1.97-0.6 | 2.53 |
| Debt-to-Equity | 0.40+0.0 | 0.38+0.1 | 0.29-0.7 | 0.98+0.3 | 0.64 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is 17 Education & Technology Group Inc's annual revenue?
17 Education & Technology Group Inc (YQ) reported $25.9M in total revenue for fiscal year 2024. This represents a 7.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is 17 Education & Technology Group Inc's revenue growing?
17 Education & Technology Group Inc (YQ) revenue grew by 7.7% year-over-year, from $24.1M to $25.9M in fiscal year 2024.
Is 17 Education & Technology Group Inc profitable?
No, 17 Education & Technology Group Inc (YQ) reported a net income of -$26.4M in fiscal year 2024, with a net profit margin of -102.0%.
What is 17 Education & Technology Group Inc's earnings per share (EPS)?
17 Education & Technology Group Inc (YQ) reported diluted earnings per share of $-0.07 for fiscal year 2024. This represents a 30.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is 17 Education & Technology Group Inc's EBITDA?
17 Education & Technology Group Inc (YQ) had EBITDA of -$27.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is 17 Education & Technology Group Inc's gross margin?
17 Education & Technology Group Inc (YQ) had a gross margin of 36.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is 17 Education & Technology Group Inc's operating margin?
17 Education & Technology Group Inc (YQ) had an operating margin of -113.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is 17 Education & Technology Group Inc's net profit margin?
17 Education & Technology Group Inc (YQ) had a net profit margin of -102.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is 17 Education & Technology Group Inc's free cash flow?
17 Education & Technology Group Inc (YQ) generated -$20.4M in free cash flow during fiscal year 2024. This represents a 39.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is 17 Education & Technology Group Inc's operating cash flow?
17 Education & Technology Group Inc (YQ) generated -$19.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are 17 Education & Technology Group Inc's total assets?
17 Education & Technology Group Inc (YQ) had $75.3M in total assets as of fiscal year 2024, including both current and long-term assets.
What are 17 Education & Technology Group Inc's capital expenditures?
17 Education & Technology Group Inc (YQ) invested $1.3M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does 17 Education & Technology Group Inc spend on research and development?
17 Education & Technology Group Inc (YQ) invested $9.9M in research and development during fiscal year 2024.
What is 17 Education & Technology Group Inc's current ratio?
17 Education & Technology Group Inc (YQ) had a current ratio of 3.36 as of fiscal year 2024, which is generally considered healthy.
What is 17 Education & Technology Group Inc's debt-to-equity ratio?
17 Education & Technology Group Inc (YQ) had a debt-to-equity ratio of 0.40 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is 17 Education & Technology Group Inc's return on assets (ROA)?
17 Education & Technology Group Inc (YQ) had a return on assets of -35.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is 17 Education & Technology Group Inc's cash runway?
Based on fiscal year 2024 data, 17 Education & Technology Group Inc (YQ) had $32.1M in cash against an annual operating cash burn of $19.1M. This gives an estimated cash runway of approximately 20 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is 17 Education & Technology Group Inc's Piotroski F-Score?
17 Education & Technology Group Inc (YQ) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are 17 Education & Technology Group Inc's earnings high quality?
17 Education & Technology Group Inc (YQ) has an earnings quality ratio of 0.72x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is 17 Education & Technology Group Inc?
17 Education & Technology Group Inc (YQ) scores 49 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.