Welcome to our dedicated page for 51Talk SEC filings (Ticker: COE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
51Talk Online Education Group filings document foreign-private-issuer reporting for an online English education business and its American Depositary Shares. Current reports on Form 6-K furnish quarterly and annual operating results, including net revenues, gross billings, margins, active-student measures, and operating cash flow, as well as capital actions such as share repurchase authorizations.
The filing record also covers governance and audit matters, including changes in the company's independent registered public accounting firm and related accountant correspondence. Annual reporting on Form 20-F provides audited consolidated financial statements and broader disclosures for shareholders and ADS holders.
51Talk Online Education Group reported strong growth for the first quarter of 2026, with net revenues of US$31.2 million, up 70.9% from US$18.2 million a year earlier. Gross billings rose to US$33.3 million, a 51.9% increase, supported by active students climbing 63.9% to about 132,900.
Gross margin remained high at 73.7%, down slightly from 76.8% as payment processing fees increased with more payment channels. Operating loss narrowed to US$1.4 million from US$1.5 million, and non-GAAP operating loss improved to US$0.9 million from US$1.2 million, though net loss attributable to ordinary shareholders widened to US$2.3 million. The company held US$35.5 million in cash, cash equivalents and time deposits and reported US$78.9 million in advances from students as of March 31, 2026. For the second quarter of 2026, it expects gross billings between US$36.0 million and US$38.0 million, implying sequential and year-over-year growth.
51Talk Online Education Group director and CEO Jack Jiajia Huang, through HH Talent Limited, made a series of open-market purchases of Class A ordinary shares held as ADS. Between May 29 and June 5, HH Talent Limited bought a total of 165,240 shares in multiple transactions at weighted average prices reported between $22.74 and $25.74 per ADS, pursuant to a previously adopted Rule 10b5-1 trading plan.
Following these purchases, HH Talent Limited is shown holding 26,816,640 shares indirectly. Additional holdings disclosed include 41,976,300 shares held by Dasheng Global Limited, 432,900 shares held by the reporting person’s spouse (with beneficial ownership disclaimed except for any pecuniary interest), and 7,297,560 shares held directly.
51Talk Online Education Group reported that Chief Financial Officer Cindy Chun Tang received a grant of 89,000 Restricted Share Units on June 1, 2026. The RSUs were awarded under the company’s share incentive plans and each unit converts into one Class A ordinary share as it vests. The award vests in three annual installments: 33% on June 1, 2027, 33% on June 1, 2028, and 34% on June 1, 2029, aligning her compensation with long-term company performance.
51Talk Online Education Group director Jimmy Y. Lai exercised restricted share units into common shares. On June 1, 2026, he converted 50,336 Restricted Share Units (RSUs) into 50,336 Class A ordinary shares at an exercise price of $0.00 per share.
The RSUs were originally granted on June 1, 2024 under the company’s share incentive plans and vested in a single installment on June 1, 2026. Following this vesting and conversion, no Class A ordinary shares remain subject to future vesting under this RSU award, and Lai now holds 2,982,236 Class A ordinary shares directly. The Class A ordinary shares are held in the form of American depositary shares, with each ADS representing sixty Class A ordinary shares.
51Talk Online Education Group’s chief executive officer Jack Jiajia Huang, through affiliated entity HH Talent Limited, reported open-market purchases totaling 183,000 Class A ordinary shares over several days in late May 2026. These trades were executed as American depositary shares (ADS), each representing sixty Class A ordinary shares, at weighted-average prices around $26–$27 per ADS.
Following the most recent purchase, HH Talent Limited held 26,651,400 Class A ordinary shares indirectly for Huang. The filing also lists additional positions as of May 22, 2026, including shares held through Dasheng Global Limited, by his spouse, and shares held directly. The purchases were made pursuant to a Rule 10b5-1 trading plan previously adopted by Huang.
51Talk Online Education Group director and CEO Jack Jiajia Huang, through HH Talent Limited, reported a series of open‑market purchases totaling 155,220 Class A ordinary shares. These trades occurred between May 15 and May 21, 2026 at weighted average prices ranging from about $26.34 to $28.00 per ADS, under a pre‑established Rule 10b5‑1 trading plan.
After the latest purchase on May 21, 2026, HH Talent Limited held 26,468,400 Class A ordinary shares. Separate holding entries as of May 15, 2026 show 7,297,560 shares held directly, 41,976,300 shares held by Dasheng Global Limited, and 432,900 shares held by the reporting person’s spouse, with beneficial ownership of the spouse’s shares disclaimed except for any pecuniary interest.
51Talk Online Education Group’s CEO Jack Jiajia Huang, through affiliated entities, reported both open-market purchases and equity award vesting. HH Talent Limited bought a total of 84,180 Class A ordinary shares between May 11 and May 14, 2026 at weighted average prices in the mid‑$20s per ADS under a Rule 10b5-1 trading plan.
Separately, 137,500 restricted share units vested on May 18, 2026, converting into an equal number of Class A ordinary shares held indirectly via Dasheng Global Limited, with 962,500 RSUs from the same grant remaining subject to future vesting. The filing also notes additional direct holdings and shares held by the CEO’s spouse, with beneficial ownership over the spouse’s shares disclaimed except for any pecuniary interest.
51Talk Online Education Group’s chief executive Jack Jiajia Huang reported open-market purchases of a net 119,400 Class A ordinary shares through his entity HH Talent Limited. The trades occurred on May 6–8, 2026 at weighted average prices of $27.16, $25.01, and $23.49 per ADS, with each ADS representing sixty Class A ordinary shares. These purchases were made under a previously adopted Rule 10b5-1 trading plan. Following the latest transaction, HH Talent Limited held 26,229,000 shares, alongside additional direct and indirect holdings, indicating that the new purchases are small relative to Huang’s overall position.
51Talk Online Education Group director and CEO Jack Jiajia Huang, through HH Talent Limited, executed a series of open-market purchases of Class A ordinary shares between April 24 and May 5, 2026. These trades totaled 446,700 Class A ordinary shares, all reported as indirect ownership.
The shares are held in the form of American depositary shares, with each ADS representing sixty Class A ordinary shares. Following the most recent purchase, HH Talent Limited held 26,109,600 Class A ordinary shares. The filing notes that these transactions were carried out under a previously adopted Rule 10b5-1 trading plan, indicating they were pre-scheduled rather than discretionary trades.
51Talk Online Education Group director and CEO Jack Jiajia Huang, through HH Talent Limited, reported open-market purchases of a total of 146,400 Class A ordinary shares on April 20–23, 2026. The trades were executed in ADS form at weighted average prices around the mid‑$20s per ADS, with daily ranges from $23.25 to $25.99 per ADS, under a pre‑arranged Rule 10b5-1 trading plan adopted on December 25, 2025.
Following these purchases, HH Talent Limited held 25,662,900 Class A ordinary shares indirectly for Huang. Additional indirect holdings are reported via Dasheng Global Limited and other family-related entities, and he also reports 7,297,560 shares held directly, while disclaiming beneficial ownership of 432,900 shares held by his spouse except for any pecuniary interest.