博实乐财报小结

$红黄蓝(RYB)$ $博实乐教育(BEDU)$ $好未来(TAL)$

Fourth Fiscal Quarter Ended August 31, 2017 Financial Highlights (in comparison to the same period of last fiscal year)

• Revenue was RMB275.5 million, up 25.7%
• Gross profit was RMB68.3 million, up 47.2%; gross margin was 24.8%, up from 21.2%
• Operating loss was RMB16.6 million, up 74.7%; operating margin was (6.0%), down from (4.3%)
• Net loss was RMB3.7 million, down 5.1%; adjusted net loss(1) was at RMB3.7 million, down 5.1%; net margin was (1.3%), up from (1.8%); adjusted net margin(1) was (1.3%), up from (1.8%)
• EPS was RMB(0.03), up from RMB(0.09); adjusted EPS(2) was RMB(0.03), up from RMB(0.09)
• Adjusted EBITDA(3) was RMB9.4 million, down 30.9%; adjusted EBITDA margin(3) was 3.4%, down from 6.2%

Fiscal Year Ended August 31, 2017 Financial Highlights (in comparison to last fiscal year)

• Revenue was RMB1,328.4 million, up 27.7%
• Gross profit was RMB468.0 million, up 53.9%; gross margin was 35.2%, up from 29.2%
• Operating income was RMB214.9 million, up 1,074.3% compared to RMB18.3 million of last fiscal year, operating margin was 16.2%, up from 1.8%
• Net income was RMB191.8 million, up from RMB2.9 million; adjusted net income(1) wasRMB191.8 million, up 95.7%; net margin was 14.4%, up from 0.3%; adjusted net margin(1) was 14.4%, up from 9.4%
• EPS was RMB1.64, up 531.6%; adjusted EPS(2) was RMB1.64, up 168.9%
• Adjusted EBITDA(3) was RMB305.9 million, up 64.6%; adjusted EBITDA margin(3) was 23.0%, up from 17.9%