ATA Creativity Global · NASDAQ:AACG
ATA Creativity Global — Q1 2025 Earnings Presentation
17 slides from ATA Creativity Global's earnings presentation, May 16, 2025
Slide 1: ATA Creativity Global 2025 First Quarter Earnings Call
ATA Creativity Global NASDAQ: AACG 2025 FIRST QUARTER EARNINGS CALL May 16, 2025 Speakers: Kevin Ma, Chairman & CEO Ruobai Sima, CFO Jun Zhang, President P A G E 1
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation was developed by ATA Creativity Global (“ACG” or the “Company”) and is intended to be used solely in connection with ACG’s earnings call for the first quarter (Q1 2025) ended March 31, 2025. This presentation is not to be construed as an offer to sell or the s
Slide 3: Welcome Remarks
Welcome Remarks Kevin Ma Chairman & CEO P A G E 3
Slide 4: Key Highlights
Key Highlights Q1 2025 highlighted by double-digit increase in net revenues and gross profit As compared to Q1 2024…. +15.9% +15.9% +5.8% Improved Bottom Line Total Gross profit Portfolio training program RMB13.3 million of net loss net revenue total credit hours delivered attributable to ACG, vs. R
Slide 5: Q1 2025 Operational Highlights
Q1 2025 Operational Highlights Portfolio Training Research-Based Learning Overseas Study Counselling and Services Services Other Education Services Main revenue contributor: 70.8% Comprised 29.2% of Q1 2025 total net revenues (grew by 28.4% vs. Q1 2024) • Portfolio Training Services growth • Existin
Slide 6: Financial and Operational Results
Financial and Operational Results Ruobai Sima CFO P A G E 6
Slide 7: Q1 2025 Key Financial Metrics
Q1 2025 Key Financial Metrics Q1 2025 vs. Q1 2024 Net Revenue Gross Profit +15.9% +15.9% RMB55.8M (or $7.7M) RMB25.4M (or $3.5M) (In RMB) (In USD) Other metrics Q1’25 Q1’24 Q1’25 Q1’24 Net Revenues 55.8M 48.1M $7.7M $6.7M Gross profit 25.4M 21.9M $3.5M $3.0M Gross margin 45.5% 45.5% 45.5% 45.5% Tota
Slide 8: Balance Sheet Highlights
Balance Sheet Highlights (In RMB) (In USD) As of 3/31/2025 Cash and cash equivalents 39.4M $5.4M Total current assets 73.2M $10.1M Total assets 457.3M $63.0M Total current liabilities 371.7M $51.2M Total liabilities 390.9M $53.9M Total shareholders’ equity 66.4M $9.1M P A G E 8
Slide 9: Enrollment Trends
Enrollment Trends* Total Student Enrollment Breakdown Total 4,129 Total 4,781 1600 1400 1,370 1,289 1200 1,097 1,093 1,084 1,104 1,011 507 1,038 1000 928 544 449 442 472 478 363 451 800 388 Student enrollment growth 600 normalized in 2025, 400 863 as the surge in 2024 was due to 745 648 651 648 612
Slide 10: Enrollment Trends – Increased Credit Hours Delivered
Enrollment Trends – Increased Credit Hours Delivered Portfolio Training Program Q1 2025 Credit Hours Breakout vs Q1 2024 Total 149.5 Total 195.5 ‘000 70 65.7 60 53.5 48.4 50 44.7 42.8 43.9 40 33.5 35.5 27.7 28.7 37.3 32.7 30 31.1 26.2 20 17.9 18.3 22.7 26.2 Total Credit Hours 21.8 +5.8% 10 16.6 16.2
Slide 11: FY 2025 Guidance
FY 2025 Guidance Revenue Growth to Continue in 2025 FY 2025 Revenue Guidance Approximately RMB276M – RMB281M +~3% to +~5% vs FY 2024 Portfolio training services will continue to be the primary growth driver and serve as the main student acquisition channel for other business lines, driving all other
Slide 12: 2025 Growth Strategy
2025 Growth Strategy Jun Zhang President P A G E 12
Slide 13: Growth Strategy
Growth Strategy 1 2 3 4 Organic: focus on Strengthen & expand Launch of M&A higher fee /margin geographic new services opportunities services footprint ‒ Encourage students to opt for ‒ Domestic: Expand coverage in ‒ Continued innovation and ‒ Exploring collaborations and project-based programs exis
Slide 14: Q&A Session
Q&A Session
Slide 15: Contact Us
Contact Us ATA Creativity Global Ruobai Sima, CFO +86 (10) 6518 1133 x 5518 simaruobai@acgedu.cn Investor Relations Counsel: Lena Cati Alice Zhang (212) 836-9611 (212) 836-9610 lcati@equityny.com azhang@equityny.com
Slide 16: Balance Sheet – As of March 31, 2025
Balance Sheet – As of March 31, 2025 December 31, March 31, March 31, 2024 2025 2025 RMB RMB USD ASSETS Current assets: Cash and cash equivalents 36,523,995 39,410,928 5,430,971 Accounts receivable 2,712,845 2,310,382 318,379 Prepaid expenses and other current assets 27,402,834 31,518,971 4,343,430
Slide 17: Consolidated Statements of Comprehensive Income (Q1 2025)
Consolidated Statements of Comprehensive Income (Q1 2025) Three-month Period Ended March 31, March 31, March 31, 2024 2025 2025 RMB RMB USD Net revenues 48,125,819 55,790,906 7,688,192 Cost of revenues 26,215,352 30,402,595 4,189,590 Gross profit 21,910,467 25,388,311 3,498,602 Operating expenses: R
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