51Talk Online Education COE Revenue Breakdown

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Annual revenue breakdowns for 51Talk Online Education, fiscal 2018 to 2025, as reported in its filings.
Annual history

51Talk Online Education Revenue by Geography

Years FY 2021–2025
Lines 2
FY 2025 Total $95.60M

Other Areas, Primarily Arising From Emea Region was 51Talk Online Education’s largest region in fiscal 2025, bringing in $56.45M of $95.60M (59%).

51Talk Online Education revenue by geography, fiscal 2021 to 2025
Geography FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Asia-Pacific Region $14.07M $25.23M $33.26M $39.16M
Other Areas, Primarily Arising From Emea Region — $1.88M $17.44M $56.45M
Total $15.05M $27.11M $50.69M $95.60M
Totals include 2 discontinued lines from earlier reporting.

51Talk Online Education revenue by geography: what the figures show

51Talk Online Education brought in $95.60M from its two regions in fiscal 2025, the year ended December 31, 2025. That was up 88.6% from $50.69M in fiscal 2024. Other Areas, Primarily Arising From Emea Region was the largest at $56.45M (59.0%), ahead of Asia-Pacific Region at $39.16M (41.0%).

Compared with fiscal 2024, Other Areas, Primarily Arising From Emea Region grew 223.7% to $56.45M and Asia-Pacific Region grew 17.7% to $39.16M.

51Talk Online Education began breaking out Other Areas, Primarily Arising From Emea Region in fiscal 2023, when it brought in $1.88M. 51Talk Online Education stopped reporting Other Areas as a separate region after fiscal 2022, when it brought in $983.00K.

Annual history

51Talk Online Education Revenue by Counterparty Name

Years FY 2019–2021
Lines 2
FY 2021 Total $2.19B

Third Party was 51Talk Online Education’s largest revenue line in fiscal 2021, bringing in $2.18B of $2.19B (99%).

51Talk Online Education revenue by counterparty name, fiscal 2019 to 2021
Counterparty Name FY 2019 FY 2020 FY 2021
Third Party $1.48B $2.05B $2.18B
Intra-Group Entities — $8.43M $14.92M
Total $1.48B $2.06B $2.19B

51Talk Online Education revenue by counterparty name: what the figures show

51Talk Online Education brought in $2.19B from its two revenue lines in fiscal 2021, the year ended December 31, 2021. That was up 6.2% from $2.06B in fiscal 2020. Third Party was the largest at $2.18B (99.3%), ahead of Intra-Group Entities at $14.92M (0.7%).

51Talk Online Education began breaking out Intra-Group Entities in fiscal 2020, when it brought in $8.43M.

Annual history

51Talk Online Education Revenue by Product & Service

Years FY 2018–2021
Lines 6
FY 2021 Total $2.18B

Credits For Lessons Taught By Foreign Teachers was 51Talk Online Education’s largest product and service line in fiscal 2021, bringing in $2.01B of $2.18B (92%).

51Talk Online Education revenue by product and service, fiscal 2018 to 2021
Product and Service FY 2018 FY 2019 FY 2020 FY 2021
Credits For Lessons Taught By Foreign Teachers — $1.36B $1.86B $2.01B
Credits For Learning Materials — $101.25M $166.29M $101.81M
Credits For All-Round Proficiency Small Group Lessons — — — $33.69M
Physical Textbook — $2.76M $20.26M $20.89M
Prepaid Membership Packages $30.97M $14.30M $6.08M $2.20M
Point Exchange — — — $10.45M
Total $1.15B $1.48B $2.05B $2.18B
Totals include 1 discontinued line from earlier reporting.

51Talk Online Education revenue by product and service: what the figures show

51Talk Online Education brought in $2.18B from its six product and service lines in fiscal 2021, the year ended December 31, 2021. 51Talk Online Education regrouped these lines after fiscal 2020, so the total does not compare directly with that year's $2.05B. Credits For Lessons Taught By Foreign Teachers was the largest at $2.01B (92.3%), ahead of Credits For Learning Materials at $101.81M (4.7%) and Credits For All-Round Proficiency Small Group Lessons at $33.69M (1.5%). The other three lines brought in $33.53M combined.

Compared with fiscal 2020, Credits For Lessons Taught By Foreign Teachers grew 8.1% to $2.01B, while Credits For Learning Materials fell 38.8% to $101.81M.

51Talk Online Education began breaking out Credits For Lessons Taught By Foreign Teachers in fiscal 2019, Credits For Learning Materials in fiscal 2019, Credits For All-Round Proficiency Small Group Lessons in fiscal 2021 and Physical Textbook in fiscal 2019. 51Talk Online Education stopped reporting Credits For Lessons as a separate line after fiscal 2018, when it brought in $1.11B.

Questions

51Talk Online Education Revenue Breakdown FAQ

How does 51Talk Online Education make money?

51Talk Online Education (COE) reports its revenue by geography, by counterparty name and by product and service. In fiscal 2025, Other Areas, Primarily Arising From Emea Region was its largest region, bringing in $56.45M (59.0% of the total), followed by Asia-Pacific Region at $39.16M (41.0%).

What is 51Talk Online Education's largest region?

Other Areas, Primarily Arising From Emea Region was 51Talk Online Education's largest region in fiscal 2025, bringing in $56.45M, or 59.0% of the $95.60M total across its two regions.

What is 51Talk Online Education's largest revenue line?

Third Party was 51Talk Online Education's largest revenue line in fiscal 2021, bringing in $2.18B, or 99.3% of the $2.19B total across its two revenue lines.

What is 51Talk Online Education's largest product and service line?

Credits For Lessons Taught By Foreign Teachers was 51Talk Online Education's largest product and service line in fiscal 2021, bringing in $2.01B, or 92.3% of the $2.18B total across its six product and service lines.

Which 51Talk Online Education region is growing the fastest?

Other Areas, Primarily Arising From Emea Region grew faster than Asia-Pacific Region in fiscal 2025, up 223.7% from $17.44M to $56.45M. Asia-Pacific Region grew 17.7% to $39.16M.

Where does this revenue breakdown data come from?

Every figure comes from 51Talk Online Education's annual financial filings, as reported. Each line keeps the name 51Talk Online Education gives it, and years follow its fiscal calendar.

How far back does 51Talk Online Education's revenue breakdown go?

51Talk Online Education's revenue by geography goes back to fiscal 2021, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.