51Talk full year 2025 financial and operational results

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51Talk Online Education Group (NYSE:COE) announced strong financial results for the full year ended December 31, 2025, with net revenues surging by 88.6% to $95.6 million, driven by its international business expansion. Active students increased by 79.3%, reaching approximately 170.3 thousand, reflecting robust demand in Southeast Asia and other emerging markets. While the company achieved a healthy operating cash inflow, increased sales and marketing expenses and investments in its AI platform led to widened operating and net losses for the year.

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