Logo

AACG

ATA Creativity Global

AACG

ATA Creativity Global • NASDAQ
$1.18 ▲ 9.77% (+0.10)
Market Cap $18.75 M
52w High $2.58
52w Low $0.70
Dividend Yield 0%
P/E -29.5
Volume 33.77K
Outstanding Shares 15.89M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $67.304M ▲ $36.932M ▼ $2.369M ▲ 3.52% ▲ $0.16 ▲ $-4.501M ▲
Q2-2025 $55.89M ▲ $42.054M ▼ $-10.768M ▲ -19.267% ▲ $-0.68 ▲ $-7.691M ▲
Q1-2025 $55.791M ▼ $42.178M ▼ $-13.345M ▼ -23.92% ▼ $-0.84 ▼ $-10.733M ▼
Q4-2024 $100.916M ▲ $46.67M ▼ $13.257M ▲ 13.137% ▲ $0.84 ▲ $23.051M ▲
Q3-2024 $67.255M $47.613M $-14.652M -21.786% $-0.94 $-12.119M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $96.807M ▲ $462.532M ▲ $403.711M ▲ $58.885M ▲
Q2-2025 $34.674M ▼ $444.241M ▼ $388.427M ▼ $55.879M ▼
Q1-2025 $39.411M ▲ $457.343M ▲ $390.949M ▲ $66.459M ▼
Q4-2024 $36.524M ▼ $456.927M ▼ $377.281M ▼ $79.71M ▲
Q3-2024 $39.391M $459.449M $393.227M $66.286M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $331.046K ▲ $0 $0 $0 $8.761M ▲ $0
Q2-2025 $-10.768M ▲ $0 $0 $0 $0 $0
Q1-2025 $-13.345M ▼ $0 $0 $0 $0 $0
Q4-2024 $13.257M ▲ $0 $0 $0 $0 $0
Q3-2024 $-14.652M $0 $0 $0 $0 $0

Revenue by Products

Product Q4-2017
Online Education Services
Online Education Services
 $10.00M ▲
Other Revenues
Other Revenues
 $30.00M ▲
Testing Services
Testing Services
 $450.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown steadily over the past several years, and gross profit has increased alongside it, suggesting the core education business is gaining some commercial traction. However, the company still runs at an operating loss and has not yet reached overall profitability. Losses have narrowed meaningfully compared with a few years ago, but that progress seems to have slowed more recently, indicating AACG is now in a delicate phase where further efficiency gains or scale are needed to push it into the black.

Balance Sheet

Balance Sheet The balance sheet is relatively small and simple. Total assets have drifted slightly lower over time, and the equity base has eroded as ongoing losses accumulate, leaving a thinner cushion than in the past. Debt levels are modest, which limits financial risk from borrowing, but the company’s cash pile has also declined compared with earlier years, reducing its safety buffer. Overall, AACG does not appear overleveraged, but it also does not have a lot of room for extended setbacks without raising new capital or improving results.

Cash Flow

Cash Flow Cash generation is close to break-even. Operating cash flow has improved from clearly negative to hovering around neutral, with occasional small positives, which is encouraging but not yet firmly established. Free cash flow is still a bit negative in most years, though the shortfall is relatively small and capital spending requirements appear light. This pattern suggests the business is not burning cash at a rapid pace, but also has not demonstrated consistent, self-funding strength so far.

Competitive Edge

Competitive Edge AACG operates in a narrow niche: creative arts education for students aiming to study abroad, primarily from China. This specialization, along with portfolio-focused and project-based learning, gives it a differentiated position versus more traditional test-oriented education providers. Its long presence in the market and integrated service model (training, counseling, in-school programs, and master classes) support its brand in this segment. At the same time, the company is small in a fragmented and competitive education landscape and faces exposure to shifts in Chinese regulation, global student mobility trends, and changing preferences in overseas study, all of which can quickly affect demand.

Innovation and R&D

Innovation and R&D The company is actively trying to innovate within its niche. The partnership with Oasis Science to build “Art + AI” courses and expand online and hybrid classroom formats shows a push to align its offerings with digital and technology-driven creative fields. This could deepen its appeal to students interested in design, gaming, and other modern creative careers. Separately, the early-stage exploration of a pivot into Bitcoin staking and digital assets is a much more radical move, far outside its traditional education focus. That avenue offers potential upside but introduces substantial strategic, regulatory, and execution uncertainty and could dilute management focus if not carefully integrated.

Summary

AACG is a small, niche education provider that has gradually grown revenue and narrowed its losses, but it remains unprofitable with a shrinking equity base and a limited cash cushion. The core creative arts education business has a clear, specialized positioning and is being refreshed with AI-enabled and online offerings, which may help it stay relevant in a changing market. However, the financial profile is still fragile, and the contemplated move into digital assets represents a major strategic swing into a much riskier and less predictable area. The company’s future will likely hinge on whether it can turn its education operations into a consistently cash-generative franchise and, if it proceeds with the crypto-related pivot, how well it manages the added complexity and risk of that transformation.

NEWS

November 18, 2025 · 9:15 AM UTC

ATA Creativity Global Announces Entry into Agreement for Registered Direct Offering of Its ADSs

Read more

November 12, 2025 · 4:05 PM UTC

ATA Creativity Global Reports Q3 2025 Financial Results

Read more

November 7, 2025 · 8:30 AM UTC

ATA Creativity Global to Release 2025 Third Quarter Financial Results on November 12

Read more