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FEDU

Four Seasons Education (Cayman) Inc.

FEDU

Four Seasons Education (Cayman) Inc. • NYSE
$13.35 ▲ 0.00% (+0.00)
Market Cap $2.91 M
52w High $17.30
52w Low $3.69
Dividend Yield 2.30%
P/E 222.5
Volume 52
Outstanding Shares 218.07K

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $58.199M $13.778M $-639K -1.098% $-2.8 $-4.029M ▼
Q3-2025 $58.199M ▼ $13.778M ▼ $-639K ▼ -1.098% ▼ $-2.8 ▼ $-3.951M ▼
Q2-2025 $67.34M $17.659M $1.04M 1.544% $4.9 $-1.742M
Q1-2025 $67.34M ▲ $17.659M ▲ $1.04M ▲ 1.544% ▲ $4.9 ▲ $-1.742M ▲
Q4-2024 $31.807M $14.486M $-43.5K -0.137% $-0.21 $-2.157M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $266.213M $731.142M $225.989M $454.611M
Q3-2025 $266.213M ▲ $731.142M ▼ $225.989M ▼ $454.611M ▼
Q2-2025 $233.129M $772.651M $268.064M $504.587M
Q1-2025 $233.129M ▼ $772.651M ▲ $268.064M ▲ $504.587M ▲
Q4-2024 $296.04M $674.16M $148.016M $475.003M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $-639K $0 $0 $0 $0 $0
Q3-2025 $-639K ▼ $0 $0 $0 $0 $0
Q2-2025 $1.04M $0 $0 $0 $0 $0
Q1-2025 $1.04M ▲ $0 $0 $0 $0 $0
Q4-2024 $-43.5K $0 $0 $0 $0 $0

Revenue by Products

Product Q1-2021Q3-2021Q3-2022Q3-2024
Revenue From Related Parties
Revenue From Related Parties
 $0 ▲$0 ▲$0 ▲$0 ▲
Revenue From Third Parties
Revenue From Third Parties
 $0 ▲$0 ▲$0 ▲$120.00M ▲
Elementary School
Elementary School
 $0 ▲$210.00M ▲$170.00M ▼$0 ▼
Middle School
Middle School
 $0 ▲$50.00M ▲$60.00M ▲$0 ▼
Special Programs And Others
Special Programs And Others
 $20.00M ▲$20.00M ▲$30.00M ▲$0 ▼
Ivy Programs
Ivy Programs
 $110.00M ▲$0 ▼$0 ▲$0 ▲
Standard Programs
Standard Programs
 $270.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has been very small but is starting to recover after a steep drop during the regulatory shake‑up. The company is still running with thin margins and has not shown a stable pattern of profit; losses have narrowed, but profitability remains fragile. Results over the last few years look volatile, reflecting the move away from traditional tutoring and into new areas. Overall, the income statement tells a story of a business in transition, with early signs of stabilization but not yet a clear, steady earnings base.

Balance Sheet

Balance Sheet The balance sheet is relatively simple and conservative. The company carries only light debt and holds a meaningful amount of cash for its size, which provides some cushion as it experiments with new business lines. Total assets and shareholder equity have drifted down from earlier levels but appear to have stabilized more recently, suggesting the worst of the balance sheet contraction may be past. Financial leverage is low, which reduces financial risk but also signals that growth will likely need to be funded mostly from existing resources and future cash generation.

Cash Flow

Cash Flow Cash generation from day‑to‑day operations was negative during the most difficult years of restructuring but has recently turned modestly positive, showing some operational healing. However, after accounting for ongoing investments and capital spending, free cash flow has stayed negative, which means the business is still consuming cash overall. Capital spending itself is not heavy, but even modest investments are enough to keep cash outflows above inflows at current scale. The cash flow profile fits a company still in rebuilding mode, where tight cost control and disciplined investment will be critical.

Competitive Edge

Competitive Edge Four Seasons Education is rebuilding its position after losing much of its old edge in regulated K‑9 tutoring. Its historical strengths were a strong math brand in Shanghai, proprietary curriculum, and a hybrid offline‑online model. Today, it is repositioning around non‑academic enrichment and educational tourism, which opens a fresh niche but also pits it against powerful education brands and established travel operators. The emerging moat, if any, will likely come from creating distinctive, high‑quality learning‑plus‑travel experiences rather than from traditional classroom tutoring advantages. At present, the company’s competitive position looks promising but unproven in its new focus areas.

Innovation and R&D

Innovation and R&D The company is leaning on its background in digital learning, data analytics, and gamified education to support the new strategy. Its past work on interactive math platforms and hybrid teaching provides a base for building tech‑enabled enrichment courses and customized learning journeys. The big innovation push is the integration of learning, technology, and travel—study camps, themed trips, and experiential programs supported by in‑house content and logistics services. How effectively it applies its data and technology capabilities to these offerings will determine whether innovation becomes a real differentiator or remains mainly a marketing label.

Summary

Four Seasons Education is a small, China‑focused education company in the middle of a major strategic pivot. Financially, it has seen revenue shrink and then start to rebound, with losses narrowing but not yet replaced by durable profits, and cash flow still under pressure. Its balance sheet is relatively clean, with low debt and some cash, giving it limited but real breathing room to execute on its new plan. Strategically, it is shifting from regulated academic tutoring to non‑academic enrichment and educational tourism, an area with growth potential but intense competition and execution risk. The key questions going forward are whether the company can turn its new offerings into a distinctive, scalable franchise and whether it can do so quickly enough to translate tentative operational improvements into sustainable, cash‑generating growth.

NEWS

November 26, 2025 · 4:45 AM UTC

Four Seasons Education to Report First Half of Fiscal Year 2026 Unaudited Financial Results

Read more