China online education group (COE)
Income statement / Yearly
Dec'17Dec'16
ADS
Net revenues

130,334

60,245

Cost of revenues

48,280

21,195

Gross profit

82,054

39,050

Operating expenses:
Sales and marketing expenses

100,989

66,958

Product development expenses

34,306

21,995

General and administrative expenses

34,489

23,860

Total operating expenses

169,784

112,813

Loss from operations

-87,730

-73,763

Interest income and other expense, net

873

148

Loss before income tax expenses

-88,603

-73,911

Income tax expenses

667

233

Net loss

-89,270

-

Net loss

-

-74,144

Accretions to preferred shares redemption value

-

13,198

Deemed contribution from preferred shareholders

-

377

Net loss attributable to the Company's ordinary shareholders

-89,270

-86,965

Net loss

-89,270

-

Net loss

-

-74,144

Other comprehensive income:
Foreign currency translation adjustments

-3,790

3,990

Total comprehensive loss

-93,060

-70,154

Weighted average number of ordinary shares used in computing basic and diluted loss per share

301,610

199,039

Net loss per share attributable to ordinary shareholders-basic and diluted

-0.30

-0.44