QuantaSing Group Ltd
NASDAQ:QSG
QuantaSing Group Ltd
QuantaSing Group Ltd. operates as an investment holding company. The company is headquartered in Beijing, Beijing and currently employs 2,269 full-time employees. The company went IPO on 2023-01-25. The firm's main business is to provide individual adult learners with online courses of various brands and marketing and management services for corporate customers. The firm provides online financial knowledge learning courses through its QiNiu, Jiangzhen and QianChi brands. The firm also provides other personal interest learning courses, including personal well-being, short video production, erhu, traditional Chinese painting, data analytics and other fields. The firm mainly conducts its business in the domestic market.
QuantaSing Group Ltd. operates as an investment holding company. The company is headquartered in Beijing, Beijing and currently employs 2,269 full-time employees. The company went IPO on 2023-01-25. The firm's main business is to provide individual adult learners with online courses of various brands and marketing and management services for corporate customers. The firm provides online financial knowledge learning courses through its QiNiu, Jiangzhen and QianChi brands. The firm also provides other personal interest learning courses, including personal well-being, short video production, erhu, traditional Chinese painting, data analytics and other fields. The firm mainly conducts its business in the domestic market.
Strong Revenue Growth: Q1 revenue reached RMB 127.1 million, up 93.3% quarter-over-quarter, exceeding guidance.
Margin Expansion: Gross margin rose to 41.2% from 34.7% in the previous quarter, reflecting improved profitability.
Focused Strategy: The company completed its business restructuring, now operating as a pure-play pop toy business.
Guidance Raised: Q2 revenue is guided at RMB 150–160 million, and full-year fiscal 2026 at RMB 750–800 million.
DTC and International Momentum: Direct-to-customer (DTC) online GMV hit RMB 44.6 million and initial DTC store openings are planned for late 2025 and early 2026; international sales and distribution are ramping up.
WAKUKU IP Success: WAKUKU accounted for 71% of revenue and cumulative sales have surpassed 6 million units.
Operating Loss Narrowed: Adjusted net loss improved to RMB 17.1 million from RMB 19.3 million last quarter.
Profitability Outlook: Management expects continued cost optimization and aims for profitable growth in the coming quarters.