,

For the first quarter, the net deficit for the company’s ordinary shareholders compressed from $ 3.99 million to $ 1.47 million in the same period last year.

Per net loss per advertisement for ordinary shareholders was $ 0.25 vs $ 0.69 vs $ 0.69 last year.

Adjusted net loss per advertisement for ordinary shareholders was $ 0.20 vs $ 0.64 vs. $ 0.64 last year.

In the previous year, interest income declined from $ 20,000 to $ 82,000.

Last year, $ 3.99 million to $ 1.29 million compressed.

Adjusted losses from operations also compressed from $ 3.70 million to $ 1.01 million in the previous year.

Pure revenue in the previous year increased from $ 9.45 million to $ 18.25 million.

Further for the second quarter, the company hoped that Net Gross Billings would be between $ 24.5 million and $ 25.5 million, which represents a sequential increase of 11.7 to 16.3 percent from the same quarter last year and an increase of about 54.4 to 60.7 percent.

On Friday, 51Talk Online Education stopped trading trading on the New York Stock Exchange at $ 24.56.

The idea and opinion expressed here are the idea and opinion of the author and not necessarily Nasdac, Inc.