| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| | 20-F | 20-F | 20-F | 20-F | 20-F | 20-F | 20-F | 20-F |
| Revenues: |
| Other | 5.9 | 7.6 | 4.2 | | | | | |
| Kindergartens | | | | | | | 78.8 | |
| Others | | | | 6.9 | 5.5 | 5.3 | 4.4 | |
| Play-and-learn centers | | | | | | | 25.4 | |
| Other | 44.1 | 44.3 | 38.2 | 175.4 | 151.0 | 135.6 | | |
| Total revenues [+] | 50.0 | 51.9 | 42.4 | 182.3 | 156.5 | 140.8 | 108.5 | 82.9 |
| Products | | | | | | | | 8.0 |
| Services | | | | | | | | 74.8 |
| Revenue growth [+] | -3.6% | 22.3% | -76.7% | 16.5% | 11.1% | 29.8% | 31.0% | |
| Other | -22.8% | 80.0% | | | | | | |
| Others | | | | 24.1% | 5.6% | 20.6% | | |
| Singapore | -0.8% | 19.4% | 36.1% | | | | | |
| Cost of goods sold [+] | 45.6 | 49.4 | 43.4 | 155.5 | 130.9 | 111.3 | 91.6 | 74.4 |
| Cost of product sales | | | | | | | | 4.0 |
| Cost of services | | | | | | | | 70.3 |
| Gross profit | 4.5 | 2.5 | -1.0 | 26.7 | 25.6 | 29.5 | 16.9 | 8.5 |
| Gross margin | 8.9% | 4.8% | -2.4% | 14.7% | 16.4% | 21.0% | 15.6% | 10.3% |
| Selling, general and administrative [+] | 16.4 | 19.9 | 18.5 | 26.6 | 28.7 | 20.2 | 9.3 | 9.6 |
| Sales and marketing | 1.9 | 1.4 | 1.1 | 2.8 | 2.2 | 1.8 | 1.9 | 1.2 |
| General and administrative | 14.5 | 18.5 | 17.4 | 23.8 | 26.4 | 18.4 | 7.4 | 8.4 |
| Equity in earnings | 0.0 | 0.0 | -0.2 | | -0.3 | -0.2 | -0.2 | |
| Other operating expenses | 45.5 | -3.7 | -0.2 | -0.8 | -1.2 | 0.2 | | -0.2 |
| EBITDA [+] | -51.6 | -0.6 | -7.9 | 12.5 | 6.0 | 15.0 | 12.2 | 3.3 |
| EBITDA growth | 8000.3% | -91.9% | -162.8% | 109.5% | -60.2% | 23.2% | 267.9% | |
| EBITDA margin | -103.2% | -1.2% | -18.5% | 6.9% | 3.8% | 10.7% | 11.2% | 4.0% |
| Depreciation | 4.2 | 10.6 | 9.2 | 9.3 | 7.5 | 6.1 | 4.8 | 4.2 |
| EBITA | -55.8 | -11.2 | -17.1 | 3.2 | -1.6 | 8.9 | 7.4 | -0.9 |
| EBITA margin | -111.6% | -21.6% | -40.3% | 1.8% | -1.0% | 6.3% | 6.8% | -1.1% |
| Amortization of intangibles | 1.6 | 2.5 | 2.4 | 2.2 | 0.5 | | | |
| EBIT [+] | -57.4 | -13.7 | -19.5 | 1.0 | -2.1 | 8.9 | 7.4 | -0.9 |
| EBIT growth | 319.7% | -29.9% | -2062.7% | -147.7% | -123.3% | 21.3% | -903.7% | |
| EBIT margin | -114.8% | -26.4% | -46.0% | 0.5% | -1.3% | 6.3% | 6.8% | -1.1% |
| Non-recurring items [+] | 22.7 | 3.7 | 10.4 | 0.8 | 1.2 | -0.2 | | 0.2 |
| Asset impairment | 22.7 | 4.6 | 10.2 | 0.3 | | | | |
| Loss (gain) on sale of business | | -0.8 | 0.2 | 0.5 | 1.2 | -0.2 | | 0.2 |
| Interest income | 0.0 | 0.1 | 0.3 | 0.9 | 2.1 | 0.6 | 0.1 | 0.1 |
| Interest income | 0.0 | 0.1 | 0.3 | 0.9 | 2.1 | 0.6 | 0.1 | 0.1 |
| Other income (expense), net [+] | 1.7 | 0.6 | 1.6 | 1.0 | 2.2 | 0.9 | 0.8 | 0.7 |
| Impairment of investments | | | -2.4 | | | | | |
| Pre-tax income | -78.4 | -16.7 | -28.1 | 2.0 | 1.0 | 10.6 | 8.2 | -0.3 |
| Income taxes | 0.8 | 2.8 | -1.4 | 3.5 | 2.5 | 3.8 | 2.2 | 1.0 |
| Tax rate | | | 5.1% | 175.7% | 237.1% | 36.0% | 26.2% | |
| Minority interest | | | | 0.4 | -0.1 | -0.6 | -0.6 | -0.7 |
| Earnings from continuing ops | -74.7 | -16.3 | -22.9 | -2.4 | -1.8 | 7.1 | 6.5 | -3.8 |
| Earnings from discontinued ops | 33.3 | 23.1 | -14.4 | | | | | |
| Net income | -41.4 | 6.8 | -37.3 | -2.4 | -1.8 | 7.1 | 6.5 | -3.8 |
| Net margin | -82.7% | 13.1% | -87.9% | -1.3% | -1.1% | 5.1% | 6.0% | -4.6% |
| |
| Basic EPS [+] | ($2.64) | ($0.58) | ($0.82) | ($0.09) | ($0.06) | $0.29 | $0.28 | ($0.22) |
| Growth | 356.4% | -29.0% | 840.3% | 41.6% | -121.3% | 2.4% | -225.8% | |
| Diluted EPS [+] | ($2.64) | ($0.58) | ($0.82) | ($0.09) | ($0.06) | $0.27 | $0.26 | ($0.22) |
| Growth | 356.4% | -29.0% | 840.3% | 41.6% | -122.9% | 1.6% | -218.1% | |
| |
| Shares outstanding (basic) [+] | 28.3 | 28.2 | 28.1 | 28.1 | 29.2 | 24.7 | 23.2 | 16.9 |
| Growth | 0.3% | 0.3% | 0.2% | -3.9% | 18.1% | 6.8% | 36.8% | |
| Shares outstanding (diluted) [+] | 28.3 | 28.2 | 28.1 | 28.1 | 29.2 | 26.6 | 24.7 | 16.9 |
| Growth | 0.3% | 0.3% | 0.2% | -3.9% | 10.0% | 7.6% | 45.8% | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |