ATA Creativity Global · NASDAQ:AACG
ATA Creativity Global — Q4 2025 Earnings Presentation
20 slides from ATA Creativity Global's earnings presentation, Mar 25, 2026
Slide 1: ATA Creativity Global
ATA Creativity Global NASDAQ: AACG 2025 FOURTH QUARTER & FULL YEAR EARNINGS CALL March 25, 2026 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 fourth quarter (“Q4 2025”) and full year (“FY 2025”) ended December 31, 2025. This presentation is not to be constr
Slide 3: Welcome Remarks
Welcome Remarks Kevin Ma Chairman & CEO P A G E 3
Slide 4: Key Highlights
Key Highlights Q4 2025: Marked by cost savings initiatives and streamlined operations RMB89.1M Higher Contribution 15.7% Lower From research-based learning and other operating expenses Total Revenue (excluding a one-time goodwill educational services impairment charge) As compared to Q4 2024…. As co
Slide 5: Key Highlights (cont.)
Key Highlights (cont.) FY 2025: Stable revenue; improved margins due to cost saving initiatives RMB268.11 M 10.8% Lower RMB85.2M Operating expenses Total Revenue (excluding a one-time goodwill impairment Cash and Cash charge in Q4 2025 and provision for loan Equivalents receivable and other receivab
Slide 6: Q4 2025 Operational Highlights
Q4 2025 Operational Highlights Portfolio Training Research-Based Learning Overseas Study Counselling and Services Services Other Education Services Main revenue contributor Comprised 31.2% of Q4 2025 total net revenues (vs 26.4% in Q4 2024) • Portfolio Training Services • Existing programs • ACG Jap
Slide 7: Financial and Operational Results
Financial and Operational Results Ruobai Sima CFO P A G E 7
Slide 8: Q4 2025 Key Financial Metrics
Q4 2025 Key Financial Metrics Q4 2025 vs. Q4 2024 Net Revenue Gross Profit RMB89.1M (or $12.7 M) RMB50.2M (or $7.2M) (In RMB) (In USD) Other metrics Q4’25 Q4’24 Q4’25 Q4’24 Net Revenues 89.1M 100.9M $12.7M $13.8M Gross profit 50.2M 63.7M $7.2M $8.7M Gross margin 56.4% 63.1% 56.4% 63.1% Total operati
Slide 9: FY 2025 Key Financial Metrics
FY 2025 Key Financial Metrics FY 2025 vs. FY 2024 Net Revenue Gross Profit RMB268.1M (or $38.3M) RMB130.3M (or $18.6M) (In RMB) (In USD) Other metrics FY’25 FY’24 FY’25 FY’24 Net Revenues 268.1M 268.1M $38.3M $36.7M Gross profit 130.3M 141.3M $18.6M $19.4M Gross margin 48.6% 52.7% 48.6% 52.7% Total
Slide 10: Balance Sheet Highlights
Balance Sheet Highlights (In RMB) (In USD) As of 12/31/2025 Cash and cash equivalents 85.2M $12.2M Total current assets 111.4M $15.9M Total assets 408.3M $58.4M Total current liabilities 344.6M $49.3M Total liabilities 376.3M $53.8M Total shareholders’ equity 32.0M $4.6M P A G E 10
Slide 11: Enrollment Trends
Enrollment Trends* Total Student Enrollment Breakdown Total 4,129 Total 4,781 Total 4,127 1600 1,370 1400 1,289 1,097 1200 1,093 1,084 1,038 1,104 1,050 1,052 1,011 507 1000 928 544 921 449 442 472 478 363 451 467 800 388 494 353 Student enrollment growth 600 normalized in 2025, 400 863 as the surge
Slide 12: Enrollment Trends
Enrollment Trends Portfolio Training Program FY 2025 Credit Hours Breakout vs FY 2024 Total 149.5 Total 195.5 Total 193.8 ‘000 70 65.7 60 56.6 58.8 53.5 48.4 50 44.7 42.8 43.0 43.9 40 33.5 35.5 44.0 27.7 28.7 32.7 37.3 45.9 Total Credit Hours -10.5% 30 31.1 26.2 33.0 22.7 26.2 as demand normalized 2
Slide 13: 2025 Growth Strategy
2025 Growth Strategy Jun Zhang President P A G E 13
Slide 14: FY 2026 Business Strategy
FY 2026 Business Strategy Maintain leading position in China’s creative arts education industry Leverage skilled and experienced teaching team, existing and new high- quality offerings, and an extensive network of global partnerships with arts institutions Expand operational efficiency initiatives a
Slide 15: Long-term Growth Strategy
Long-term Growth Strategy 1 2 3 Organic: focus on higher Strategic Planning of Launch of fee /margin services Geographic Markets new services ‒ Encourage students to opt for project- based programs ‒ Domestic: Concentrate regional ‒ Increase/establish domestic and resources on larger centers, and in
Slide 16: Q&A Session
Q&A Session
Slide 17: 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@theequitygroup.com azhang@theequitygroup.com
Slide 18: Balance Sheet – As of December 31, 2025
Balance Sheet – As of December 31, 2025 P A G E 18
Slide 19: Consolidated Statements of Comprehensive Income (Q4 2025)
Consolidated Statements of Comprehensive Income (Q4 2025) P A G E 19
Slide 20: Consolidated Statements of Comprehensive Income (FY 2025)
Consolidated Statements of Comprehensive Income (FY 2025) P A G E 20
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