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Laix Inc ADR (LAIX)

Laix Inc ADR (LAIX)
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LAIX Inc. is an artificial intelligence company primarily in China. It creates and delivers products and services for English learning. The company's proprietary AI teacher utilizes cutting-edge deep learning and adaptive learning technologies, big data, well-established education pedagogies and the mobile internet. LAIX Inc. is based in Shanghai, China.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2021 Jun, 2021 Mar, 2021 Dec, 2020 Sep, 2020
Sales 27,800 30,300 43,420 35,260 38,130
Sales Growth -8.25% -30.22% +23.14% -7.53% +18.23%
Net Income 2,170 1,860 -9,190 -10,400 -13,090
Net Income Growth +16.67% +120.24% +11.63% +20.55% +52.95%
(Values in U.S. Thousands) Dec, 2021 Jun, 2021 Mar, 2021 Dec, 2020 Sep, 2020
Total Assets 25,710 45,420 53,600 68,310 84,140
Total Assets Growth -43.40% -15.26% -21.53% -18.81% -12.90%
Total Liabilities 124,880 150,150 159,260 177,520 182,870
Total Liabilities Growth -16.83% -5.72% -10.29% -2.93% +1.04%
(Values in U.S. Thousands) Dec, 2021 Jun, 2021 Mar, 2021 Dec, 2020 Sep, 2020
Operating Cash Flow -24,350 0 0 -46,380 0
Operating Cash Flow Growth unch unch +100.00% unch unch
Net Cash Flow -11,760 0 0 -22,140 0
Change in Net Cash Flow unch unch +100.00% unch unch
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