NYSEAMERICAN : AMBO
Ambow Education Holding Ltd. — Financial statements
Consumer Staples · Education & Training Services · United States
Last price 1.52 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 4.35M
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Financial statements
Ambow Education Holding Ltd. (AMBO) reported revenue of 9.58M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 9.58M | 9.47M | 9.39M | 9.16M | 14.84M | 17.82M |
| Cost of Revenue | 4.29M | 4.28M | 4.41M | 6.67M | 14.56M | 15.39M |
| Gross Profit | 5.29M | 5.18M | 4.99M | 2.49M | 284.00K | 2.42M |
| Selling, General & Admin | 4.37M | 4.45M | 5.27M | 6.32M | 9.12M | 11.05M |
| Research & Development | 801.00K | 628.00K | 438.00K | 484.00K | ||
| Operating Expenses | 5.17M | 5.07M | 5.71M | 6.80M | 9.12M | 11.05M |
| Operating Income | 120.00K | 112.00K | -722.00K | -4.30M | -8.83M | -8.63M |
| Interest Expense | -57.00K | -101.00K | ||||
| Interest & Investment Income | 52.00K | 238.00K | ||||
| Other Non Operating Income (Expenses) | -285.00K | -239.00K | 192.00K | -199.00K | 500.00K | -260.00K |
| EBT Excluding Unusual Items | -113.00K | -127.00K | -530.00K | -4.56M | -8.43M | -8.65M |
| Gain (Loss) on Sale of Assets | 1.40M | -163.00K | ||||
| Asset Writedown | -161.00K | -657.00K | ||||
| Other Unusual Items | 1.49M | 1.46M | ||||
| Pretax Income | -274.00K | 1.36M | -530.00K | -3.16M | -9.25M | -7.19M |
| Income Tax Expense | -27.00K | 6.00K | -839.00K | 14.00K | -505.00K | |
| Earnings From Continuing Operations | -247.00K | 1.36M | 309.00K | -3.17M | -9.25M | -6.69M |
| Earnings From Discontinued Operations | -4.82M | 7.16M | ||||
| Net Income to Company | -247.00K | 1.36M | 309.00K | -3.17M | -14.07M | 470.00K |
| Net Income | -247.00K | 1.36M | 309.00K | -3.17M | -14.07M | 470.00K |
| Net Income to Common | -247.00K | 1.36M | 309.00K | -3.17M | -14.07M | 470.00K |
| Shares Outstanding (Basic) | 2.86M | 2.86M | 2.86M | 2.82M | 2.47M | 2.33M |
| Shares Outstanding (Diluted) | 2.86M | 2.88M | 2.86M | 2.82M | 2.47M | 2.33M |
| EPS (Basic) | -0.09 | 0.48 | 0.11 | -1.13 | -5.69 | 0.20 |
| EPS (Diluted) | -0.09 | 0.47 | 0.11 | -1.20 | -5.75 | 0.20 |
| Free Cash Flow | -1.56M | -463.00K | 435.00K | -290.00K | -9.25M | -2.50M |
| Free Cash Flow Per Share | -0.55 | -0.16 | 0.15 | -0.10 | -3.74 | -1.07 |
| Gross Margin | 55.21% | 54.76% | 53.10% | 27.22% | 1.91% | 13.60% |
| Operating Margin | 1.25% | 1.18% | -7.69% | -46.98% | -59.51% | -48.45% |
| Profit Margin | -2.58% | 14.35% | 3.29% | -34.65% | -94.83% | 2.64% |
| Free Cash Flow Margin | -16.31% | -4.89% | 4.63% | -3.16% | -62.32% | -14.03% |
| EBITDA | 227.50K | 189.00K | -706.00K | -4.29M | -8.61M | -8.25M |
| EBITDA Margin | 2.37% | 2.00% | -7.52% | -46.79% | -57.98% | -46.33% |
| D&A For EBITDA | 107.50K | 77.00K | 16.00K | 18.00K | 226.00K | 378.00K |
| EBIT | 120.00K | 112.00K | -722.00K | -4.30M | -8.83M | -8.63M |
| EBIT Margin | 1.25% | 1.18% | -7.69% | -46.98% | -59.51% | -48.45% |
| Effective Tax Rate | 0.44% | |||||
| Revenue as Reported | 9.58M | 9.47M | 9.39M | 9.16M | 14.84M | |
| Advertising Expenses | 1.03M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 4.47M | 831.00K | 1.12M | 274.00K | 3.31M | 4.21M |
| Cash & Short-Term Investments | 4.47M | 831.00K | 1.12M | 274.00K | 3.31M | 4.21M |
| Accounts Receivable | 1.30M | 2.29M | 2.54M | 2.28M | 1.98M | 1.88M |
| Other Receivables | 278.00K | 278.00K | 419.00K | 6.06M | ||
| Receivables | 1.57M | 2.57M | 2.96M | 2.29M | 8.05M | 2.38M |
| Inventory | 380.00K | 80.00K | ||||
| Prepaid Expenses | 29.00K | 29.00K | ||||
| Restricted Cash | 2.70M | 7.26M | 7.32M | 9.78M | 4.36M | |
| Other Current Assets | 240.00K | 132.00K | 211.00K | 143.00K | 107.00K | 53.24M |
| Total Current Assets | 9.36M | 10.87M | 11.64M | 12.51M | 15.82M | 59.84M |
| Property, Plant & Equipment | 6.57M | 7.30M | 3.92M | 4.90M | 7.18M | 23.52M |
| Other Intangible Assets | 2.38M | 1.66M | 512.00K | 522.00K | 537.00K | 1.23M |
| Other Long-Term Assets | 879.00K | 969.00K | 1.30M | 2.63M | 1.97M | 68.14M |
| Total Assets | 19.19M | 20.80M | 17.37M | 20.57M | 25.52M | 152.72M |
| Accounts Payable | 559.00K | 1.61M | 749.00K | 1.39M | 2.39M | 2.86M |
| Accrued Expenses | 714.00K | 713.00K | 578.00K | 635.00K | 866.00K | 688.38K |
| Short-Term Debt | 500.00K | 500.00K | 2.70M | 3.94M | 3.74M | 919.47K |
| Current Portion of Leases | 1.50M | 1.28M | 2.36M | 2.49M | 2.22M | 4.34M |
| Current Income Taxes Payable | 1.00K | 1.00K | 12.00K | 510.00K | 528.00K | 525.30K |
| Current Unearned Revenue | 152.00K | 262.00K | 436.00K | 544.00K | 754.00K | 850.52K |
| Other Current Liabilities | 415.00K | 567.00K | 15.00K | 289.00K | 1.41M | 84.06M |
| Total Current Liabilities | 3.84M | 4.94M | 6.85M | 9.79M | 11.90M | 94.24M |
| Long-Term Debt | 2.70M | 2.70M | ||||
| Long-Term Leases | 4.06M | 4.74M | 3.79M | 4.35M | 5.74M | 19.49M |
| Other Long-Term Liabilities | 167.00K | 15.90M | ||||
| Total Liabilities | 10.60M | 12.55M | 10.63M | 14.14M | 17.65M | 129.63M |
| Common Stock | 159.00K | 159.00K | 159.00K | 159.00K | 144.00K | 139.31K |
| Additional Paid-In Capital | 517.25M | 517.18M | 517.03M | 517.03M | 515.18M | 558.19M |
| Retained Earnings | -508.69M | -508.97M | -510.32M | -510.63M | -507.46M | -537.09M |
| Comprehensive Income & Other | -128.00K | -128.00K | -128.00K | -128.00K | 1.78M | |
| Total Common Equity | 8.59M | 8.25M | 6.74M | 6.43M | 7.87M | 23.01M |
| Minority Interest | 76.35K | |||||
| Shareholders' Equity | 8.59M | 8.25M | 6.74M | 6.43M | 7.87M | 23.09M |
| Total Liabilities & Equity | 19.19M | 20.80M | 17.37M | 20.57M | 25.52M | 152.72M |
| Total Debt | 8.76M | 9.23M | 8.84M | 10.77M | 11.70M | 24.75M |
| Net Cash (Debt) | -4.29M | -8.40M | -7.72M | -10.50M | -8.39M | -20.54M |
| Net Cash Per Share | -1.50 | -2.91 | -2.70 | -3.73 | -3.39 | -8.80 |
| Filing Date Shares Outstanding | 2.86M | 2.86M | 2.86M | 2.84M | 2.61M | 2.32M |
| Total Common Shares Outstanding | 2.86M | 2.86M | 2.86M | 2.86M | 2.61M | 2.33M |
| Working Capital | 5.53M | 5.93M | 4.79M | 2.72M | 3.92M | -34.40M |
| Book Value Per Share | 3.01 | 2.89 | 2.36 | 2.25 | 3.02 | 9.86 |
| Tangible Book Value | 6.21M | 6.59M | 6.22M | 5.91M | 7.33M | 21.79M |
| Tangible Book Value Per Share | 2.17 | 2.31 | 2.18 | 2.07 | 2.81 | 9.33 |
| Machinery | 1.84M | 537.00K | 201.00K | 201.00K | 831.00K | 824.54K |
| Construction In Progress | 1.46M | 1.20M | ||||
| Leasehold Improvements | 235.00K | 235.00K | 24.00K | 24.00K | 31.00K | 31.33K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -247.00K | 1.36M | 309.00K | -3.17M | -14.07M | 470.00K |
| Depreciation & Amortization | 865.00K | 865.00K | 2.19M | 2.09M | 3.75M | 3.77M |
| Loss (Gain) From Sale of Assets | 267.00K | 163.00K | ||||
| Asset Writedown & Restructuring Costs | 657.00K | |||||
| Stock-Based Compensation | 154.00K | 154.00K | 1.08M | 139.00K | ||
| Provision & Write-off of Bad Debts | 164.00K | 164.00K | -90.00K | 389.00K | 163.00K | 752.00K |
| Other Operating Activities | -986.00K | -1.49M | 4.07M | -9.17M | ||
| Change in Accounts Receivable | 89.00K | 89.00K | -171.00K | -1.38M | -415.00K | -1.63M |
| Change in Inventory | -80.00K | -80.00K | ||||
| Change in Accounts Payable | 98.00K | 98.00K | -637.00K | -1.01M | -237.00K | 1.48M |
| Change in Unearned Revenue | -781.00K | 86.00K | ||||
| Change in Income Taxes | -11.00K | -11.00K | -498.00K | -18.00K | -153.00K | |
| Change in Other Net Operating Assets | -1.01M | -1.01M | 532.00K | 2.54M | -16.00K | 1.10M |
| Operating Cash Flow | -963.00K | 137.00K | 1.64M | -290.00K | -9.25M | -2.50M |
| Capital Expenditures | -600.00K | -600.00K | -1.20M | |||
| Sale of Property, Plant & Equipment | 19.00K | |||||
| Sale (Purchase) of Intangibles | -200.00K | -200.00K | 13.00K | |||
| Other Investing Activities | -688.00K | -187.00K | -810.00K | -19.49M | 16.79M | |
| Investing Cash Flow | -1.49M | -987.00K | -2.01M | -19.49M | 16.82M | |
| Short-Term Debt Issued | 1.68M | 1.20M | 2.44M | 3.01M | ||
| Total Debt Issued | 1.68M | 1.68M | 1.20M | 2.44M | 3.01M | |
| Short-Term Debt Repaid | -1.18M | -2.44M | -1.50M | |||
| Long-Term Debt Repaid | -99.00K | |||||
| Total Debt Repaid | -1.18M | -1.18M | -2.44M | -1.50M | -99.00K | |
| Net Debt Issued (Repaid) | 500.00K | 500.00K | -1.24M | 939.00K | 3.01M | -99.00K |
| Issuance of Common Stock | 1.46M | |||||
| Other Financing Activities | -2.20M | 400.00K | 2.04M | 1.01M | ||
| Financing Cash Flow | -1.70M | 500.00K | -1.24M | 2.80M | 5.05M | 916.00K |
| Foreign Exchange Rate Adjustments | -128.00K | -100.00K | -2.56M | |||
| Net Cash Flow | -4.16M | -350.00K | -1.61M | 2.38M | -23.79M | 12.68M |
| Free Cash Flow | -1.56M | -463.00K | 435.00K | -290.00K | -9.25M | -2.50M |
| Free Cash Flow Margin | -16.31% | -4.89% | 4.63% | -3.16% | -62.32% | -14.03% |
| Free Cash Flow Per Share | -0.55 | -0.16 | 0.15 | -0.10 | -3.74 | -1.07 |
| Levered Free Cash Flow | 4.07M | 2.13M | 685.75K | -2.94M | -40.67M | -36.98M |
| Unlevered Free Cash Flow | 4.07M | 2.13M | 685.75K | -2.91M | -40.61M | -36.98M |
| Cash Interest Paid | 165.00K | 168.00K | 171.00K | 164.00K | 1.00K | |
| Cash Income Tax Paid | 30.00K | 17.00K | 5.00K | 27.00K | ||
| Change in Working Capital | -913.00K | -913.00K | -774.00K | 135.00K | -1.45M | 879.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.35M | 7.88M | 6.00M | 3.93M | 7.74M | 21.45M |
| Enterprise Value | 8.64M | 14.73M | 13.37M | 13.26M | 28.75M | 24.24M |
| Last Close Price | 1.52 | 2.76 | 2.10 | 1.38 | 3.05 | 9.23 |
| PE Ratio | 5.80 | 19.41 | 45.64 | |||
| Forward PE | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | |
| PS Ratio | 0.45 | 0.83 | 0.64 | 0.43 | 0.52 | 1.20 |
| PB Ratio | 0.51 | 0.96 | 0.89 | 0.61 | 0.98 | 0.93 |
| P/TBV Ratio | 0.70 | 1.20 | 0.96 | 0.67 | 1.06 | 0.98 |
| P/FCF Ratio | 13.79 | |||||
| P/OCF Ratio | 57.55 | 3.67 | ||||
| PEG Ratio | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | |
| EV/Sales Ratio | 0.90 | 1.55 | 1.42 | 1.45 | 1.94 | 1.36 |
| EV/EBITDA Ratio | 37.96 | 77.91 | ||||
| EV/EBIT Ratio | 71.97 | 131.48 | ||||
| EV/FCF Ratio | 30.73 | |||||
| Debt / Equity Ratio | 1.02 | 1.12 | 1.31 | 1.68 | 1.49 | 1.07 |
| Debt / EBITDA Ratio | 5.26 | 7.19 | 5.37 | |||
| Debt / FCF Ratio | 20.33 | |||||
| Net Debt / Equity Ratio | 0.50 | 1.02 | 1.15 | 1.63 | 1.07 | 0.89 |
| Net Debt / EBITDA Ratio | 18.85 | 44.42 | -10.94 | -2.45 | -0.97 | -2.49 |
| Net Debt / FCF Ratio | -2.74 | -18.13 | 17.75 | -36.21 | -0.91 | -8.22 |
| Asset Turnover | 0.45 | 0.50 | 0.49 | 0.40 | 0.17 | 0.11 |
| Quick Ratio | 1.58 | 0.69 | 0.60 | 0.26 | 0.95 | 0.07 |
| Current Ratio | 2.44 | 2.20 | 1.70 | 1.28 | 1.33 | 0.64 |
| Return on Equity (ROE) | -2.87% | 18.14% | 4.69% | -44.42% | -59.77% | -29.53% |
| Return on Assets (ROA) | 0.35% | 0.37% | -2.38% | -11.68% | -6.19% | -3.39% |
| Return on Invested Capital (ROIC) | 0.91% | 0.72% | -4.60% | -25.95% | -29.49% | -25.74% |
| Return on Capital Employed (ROCE) | 0.80% | 0.70% | -6.90% | -39.90% | -64.90% | -14.80% |
| Earnings Yield | -5.69% | 17.24% | 5.15% | -80.81% | -181.71% | 2.19% |
| FCF Yield | -35.95% | -5.87% | 7.25% | -7.38% | -119.41% | -11.65% |
| Buyback Yield / Dilution | -0.90% | -1.41% | -13.90% | -6.01% | -5.14% |