COE Cash Conversion Ratio

51Talk Online Education Group American depositary shares, each representing 60 Class A ordinary shares · Cash Conversion Ratio

COE Cash Conversion Ratio

Current (TTM)-0.57×retrievedOct 20, 2026

COE Cash Conversion Ratio (-0.09× → -0.57×)

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COE cash conversion ratio history

Annual fiscal periods. Dates are reporting period ends; fiscal years can differ from calendar years.

51Talk Online Education Group American depositary shares, each representing 60 Class A ordinary shares Cash Conversion Ratio — Annual fiscal periods

Period ending	Cash Conversion Ratio
Dec 31, 2025	-0.565×
Dec 31, 2024	-0.7635×
Dec 31, 2023	-0.0181×
Dec 31, 2022	1.074×
Dec 31, 2021	-5.6114×
Dec 31, 2020	4.973×
Dec 31, 2019	-3.7043×
Dec 31, 2018	-0.0197×
Dec 31, 2017	-0.0185×
Dec 31, 2016	0.0222×
Dec 31, 2015	0.3969×
Dec 31, 2014	0.2289×
Dec 31, 2013	-0.0882×