VSA
TCTM Kids IT Education Inc.
NASDAQ: VSA · CONSUMER DEFENSIVE · EDUCATION & TRAINING SERVICES
$0.79
+9.16% today
Updated 2026-04-29
Market cap
$4.44M
P/E ratio
—
P/S ratio
0.01x
EPS (TTM)
$-341.47
Dividend yield
—
52W range
$0 – $212
Volume
12.7M
TCTM Kids IT Education Inc. (VSA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $161.78M | $354.66M | $562.59M | $836.94M | $1.18B | $1.52B | $1.75B | $2.09B | $2.05B | $1.90B | $1.24B | $1.40B | $1.38B | $1.17B |
| Revenue growth (YoY) | — | +119.2% | +58.6% | +48.8% | +40.8% | +29.0% | +15.4% | +18.9% | -1.6% | -7.5% | -34.9% | +13.2% | -1.8% | -14.9% |
| Cost of revenue | $54.77M | $110.87M | $176.16M | $240.08M | $333.56M | $443.47M | $592.95M | $918.55M | $1.17B | $1.07B | $795.67M | $728.42M | $750.84M | $747.16M |
| Gross profit | $107.01M | $243.79M | $386.43M | $596.86M | $844.45M | $1.08B | $1.16B | $1.17B | $877.52M | $831.04M | $440.60M | $671.43M | $624.35M | $423.70M |
| Gross margin | 66.1% | 68.7% | 68.7% | 71.3% | 71.7% | 70.8% | 66.2% | 56.0% | 42.8% | 43.8% | 35.6% | 48.0% | 45.4% | 36.2% |
| R&D | $7.28M | $11.18M | $23.07M | $33.45M | $50.52M | $65.59M | $100.03M | $167.25M | $132.67M | $100.47M | $40.31M | $20.25M | $11.65M | $19.10M |
| SG&A | $49.23M | $62.10M | $98.32M | $184.00M | $251.30M | $264.44M | $354.83M | $546.57M | $723.31M | $630.62M | $359.45M | $397.44M | $330.85M | $689.14M |
| Operating income | $2.26M | $65.18M | $81.71M | $117.92M | $157.68M | $222.45M | $-1.27M | $-594.63M | $-1.10B | $-806.38M | $-396.65M | $-26.35M | $13.45M | $-506.37M |
| Operating margin | 1.4% | 18.4% | 14.5% | 14.1% | 13.4% | 14.6% | -0.1% | -28.5% | -53.5% | -42.5% | -32.1% | -1.9% | 1.0% | -43.2% |
| EBITDA | $13.03M | $88.66M | $109.91M | $161.39M | $212.66M | $296.09M | $99.49M | $-435.88M | $-685.04M | $-458.88M | $-175.35M | $178.23M | $181.63M | $-377.50M |
| EBITDA margin | 8.1% | 25.0% | 19.5% | 19.3% | 18.1% | 19.5% | 5.7% | -20.9% | -33.4% | -24.2% | -14.2% | 12.7% | 13.2% | -32.2% |
| EBIT | $5.28M | $73.51M | $81.71M | $117.92M | $157.68M | $222.45M | $-1.27M | $-594.63M | $-1.10B | $-806.38M | $-396.65M | $-26.35M | $13.45M | $-506.37M |
| Interest expense | — | $37244.00 | — | — | — | — | — | — | — | $199000.00 | — | — | — | $78000.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $4.40M | $59.62M | $85.13M | $151.85M | $178.76M | $226.12M | $-147000.00 | $-590.17M | $-1.04B | $-766.64M | $-474.55M | $83.52M | $8.93M | $-586.54M |
| Net income growth (YoY) | — | +1253.9% | +42.8% | +78.4% | +17.7% | +26.5% | -100.1% | -401378.9% | -75.6% | +26.0% | +38.1% | +117.6% | -89.3% | -6671.2% |
| Profit margin | 2.7% | 16.8% | 15.1% | 18.1% | 15.2% | 14.9% | -0.0% | -28.3% | -50.5% | -40.4% | -38.4% | 6.0% | 0.6% | -50.1% |