高途 Gaotu Techedu Inc.（GOTU）2024年第四季度及全年财报「NYSE」（英文版）（13页）.pdf

1、 Exhibit 99.1 Gaotu Techedu Announces Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results Beijing,China,February 26,2025 Gaotu Techedu Inc.(NYSE:GOTU)(“Gaotu”or the“Company”),a technology-driven education company and online large-class tutoring service provider in China,today announced i

2、ts unaudited financial results for the fourth quarter and fiscal year ended December 31,2024.Fourth Quarter 2024 Highlights1 Net revenues were RMB1,388.6 million,increased by 82.5%from RMB761.0 million in the same period of 2023.Gross billings2 were RMB2,160.2 million,increased by 69.0%from RMB1,278

3、.1 million in the same period of 2023.Loss from operations was RMB149.3 million,compared with loss from operations of RMB187.9 million in the same period of 2023.Net loss was RMB135.8 million,compared with net loss of RMB119.6 million in the same period of 2023.Non-GAAP net loss was RMB123.5 million

4、,compared with non-GAAP net loss of RMB104.0 million in the same period of 2023.Net operating cash inflow was RMB783.6 million,increased by 59.4%from RMB491.5 million in the same period of 2023.Fourth Quarter 2024 Key Financial and Operating Data(In thousands of RMB,except for percentages)For the th

5、ree months ended December 31,2023 2024 Pct.Change Net revenues 761,014 1,388,621 82.5%Gross billings 1,278,132 2,160,179 69.0%Loss from operations (187,915)(149,274)(20.6)%Net loss (119,649)(135,834)13.5%Non-GAAP net loss (103,970)(123,541)18.8%Net operating cash inflow 491,493 783,643 59.4%1 For a

6、reconciliation of non-GAAP numbers,please see the table captioned Reconciliations of non-GAAP measures to the most comparable GAAP measures at the end of this press release.Non-GAAP income(loss)from operations and non-GAAP net income(loss)exclude share-based compensation expenses.2 Gross billings is