Name | Value |
---|---|
Revenues | 1,009.8M |
Cost of Revenue | 313.4M |
Gross Profit | 696.4M |
Operating Expense | 1,161.1M |
Operating I/L | -464.8M |
Other Income/Expense | 12.3M |
Interest Income | 21.3M |
Pretax | -431.2M |
Income Tax Expense | -1.6M |
Net Income/Loss | -429.6M |
Gaotu Techedu Inc. is a technology-driven education company that provides online K-12 after-school tutoring services in China. The company offers a wide range of K-12 academic subjects, foreign language courses, professional qualification exam preparation, admission test courses, and an interactive learning app. Additionally, it provides offline business consulting courses and develops and sells smart devices and teaching tools. Gaotu Techedu Inc. generates revenue through the sale of its online tutoring services, professional courses, admission test courses, and smart devices.