51Talk Online Education Group (COE) — Cost of Revenue

Annual figures by fiscal year, from SEC filings.

2016: $21.20M2017: $48.28M2018: $59.76M2019: $63.19M2020: $88.95M2021: $130.0K2022: $3.19M2023: $6.32M2024: $11.16M2025: $24.94M$24.94M
2016Cost of Revenue (USD)2025
Fiscal YearCost of RevenueChange YoY
2025$24.94M+123.4%
2024$11.16M+76.6%
2023$6.32M+97.9%
2022$3.19M+2356.9%
2021$130.0K-99.9%
2020$88.95M+40.8%
2019$63.19M+5.7%
2018$59.76M+23.8%
2017$48.28M+127.8%
2016$21.20M