Gaotu Techedu Inc.: Form 20-F for the period ended Dec 31, 2023
Filed with the SEC on Apr 25, 2024 and accepted by EDGAR at Apr 25, 2024, 08:22 ET.
Sections
Sections are extracted only from 10-K and 10-Q reports. Read this filing’s documents on sec.gov. The main document on sec.gov.
Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2023-12-31. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 12 months2023-01-01 to 2023-12-31 | $417.0m | us-gaap:Revenues |
| Cost of revenue | 12 months2023-01-01 to 2023-12-31 | $111.3m | us-gaap:CostOfRevenue |
| Gross profit | 12 months2023-01-01 to 2023-12-31 | $305.7m | us-gaap:GrossProfit |
| Research and development | 12 months2023-01-01 to 2023-12-31 | $65.1m | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 12 months2023-01-01 to 2023-12-31 | −$21.0m | us-gaap:OperatingIncomeLoss |
| Income tax | 12 months2023-01-01 to 2023-12-31 | $1.5m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months2023-01-01 to 2023-12-31 | −$1.0m | us-gaap:NetIncomeLoss |
| Diluted EPS | 12 months2023-01-01 to 2023-12-31 | −$0.01 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 12 months2023-01-01 to 2023-12-31 | −$0.01 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 12 months2023-01-01 to 2023-12-31 | 173,725,790 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months2023-01-01 to 2023-12-31 | $49.8m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months2023-01-01 to 2023-12-31 | $5.7m | us-gaap:PaymentsToAcquireProductiveAssets |
| Share repurchases | 12 months2023-01-01 to 2023-12-31 | $12.7m | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | At period end2023-12-31 | $89.6m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2023-12-31 | $505.2m | us-gaap:AssetsCurrent |
| Total assets | At period end2023-12-31 | $762.4m | us-gaap:Assets |
| Current liabilities | At period end2023-12-31 | $277.9m | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2023-12-31 | $324.9m | us-gaap:Liabilities |
| Shareholders' equity | At period end2023-12-31 | $437.5m | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0000950170-24-047938. Last ingested by Listed: Oct 24, 2026, 15:15 ET. Listed shows no prices and gives no investment advice.