Qtone Education Group
Integrated smart education and continuing teacher training solutions.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | N/A | Post IPO Equity |
| Total Funding | 000k | ||
| CNY | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | (15 %) | (2 %) | 2 % | (16 %) | 6 % | (31 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 13 % | - | 19 % | 19 % | 14 % | 13 % | (3 %) |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (78 %) | (98 %) | 7 % | 1 % | 2 % | 1 % | (24 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | - | 7 % | 5 % | 5 % | 5 % | 6 % | 4 % |
Source: Company filings or news article
Qtone Education Group is a Chinese company engaged in providing school interactive services and education information construction. Founded in 2005 by Chen Chichang, the company was listed on the Shenzhen Stock Exchange's Growth Enterprise Market in January 2014. Initially focused on home-school interactive services, Qtone has expanded its business to cover K-12 basic education, continuing education for teachers, and vocational education.
The company's offerings are divided into three main business segments: education information construction and operation, campus services, and continuing education. Its portfolio includes smart education solutions, campus communication and security, teaching and education management services, and an after-school co-management service platform. These products facilitate online registration, payment processing, class selection, and attendance tracking, creating a collaborative ecosystem for education departments, schools, parents, and external training institutions. A significant part of its business involves providing continuing education for K-12 teachers, including platform construction, course content development, and training systems.
Starting with a focus on 'Xiaoxuntong' (school-home communication), a text message-based service that constituted over 96% of its revenue in its early years, the company has since broadened its scope. After its IPO, Qtone pursued an aggressive expansion strategy, acquiring several companies to build out its offerings. As of September 2020, the company's founders, Chen Chichang and Lin Xiaoya, transferred control, and the company currently has no single controlling entity.
Keywords: education information services, smart campus, K-12 education, teacher professional development, home-school interaction, education technology, continuing education, vocational education, online education platform, EdTech, campus management, digital education resources, school-enterprise cooperation, after-school services, e-learning solutions, education informatization
