# Acknowledgement, future pledge? By [Primo](https://paragraph.com/@primo) · 2023-05-25 --- The results of the major model applied in the area of education were highlighted earlier. In the first group of products issued, there is no shortage of booths in the education industry. The good future education days of the transition to the Chinese Smart Learning Solutions Provider also gave up the latest results, and after the AI robotic teacher on the learning machine, the flag was announced that the MathGPT model would be launched in the year. New business advances, such as fires, still have a voice to express concern about the essential aspects of future performance. What solutions are given in the future in the face of performance that has not yet been completely warm? What is the future’s penis? Performance, though not warm, has started to be seen. Recent financial disclosures for the fourth fiscal year and the full year as at 28 February 2023 resulted in a similar decline in future commercial receipts. During the fourth fiscal year, future battalions received $269 million, a decrease of 50.3 per cent, and 2023 financial years, a future year of $1,020 million, a decrease of 76.8 per cent. In almost all of the transitions that have taken place, the size and volume of future camps have been significantly reduced; new operations are generally at an early stage of development, and the same yields are being narrowed. It is worth noting that the current financial statements are also showing better seedlings - losses are narrower than large. During the fourth fiscal year, the net future loss was $3941.7 million, which was nearly 63.5 per cent lower than the previous year’s deficit for the same period; in the 2023 fiscal year, the net future loss was $136 million, which was 88.1 per cent lower than the previous year’s net loss of $1,136 million. Further reductions are accompanied by substantial reductions in costs and costs. During the fourth fiscal year, future operating costs and costs were $314.4 million, a decrease of 42.4 per cent, as compared with the year 2023, with operating costs and costs of $1,332 million, a decrease of 77.5 per cent. Of that amount, sales and marketing costs amounted to $74.5 million in the fourth fiscal year, a decrease of 28 per cent in the same period; sales and marketing costs totalled $283 million per year, a decrease of 74.7 per cent. The general and administrative costs for the fourth fiscal year were $112.2 million, a decrease of 47.1 per cent, and general and administrative costs were $413.8 million for the whole year, a decrease of 65.5 per cent. In addition, there is a further increase in cash and deferred income. As at 28 February 2023, the combined balance of future cash, cash equivalents and short-term investments was $3,177 million, an increase of 17.09 per cent over the $2,709 million as at 28 February 2022. The balance of deferred corporate income as at 28 February 2023 was $237.4 million, an increase of 26.48 per cent over the $187.7 million as at 28 February 2022. With regard to performance changes during the reporting period, the future Managing Director and Chief Finance Officer Peng, stated: “In 2023 years, we have undergone a major transformation. Some of our new operations, such as quality education, smart teaching aids and smart hardware, have substantive development. While encouraged by these developments, we are continuing to upgrade products and operating efficiencies.” Quality education starts with flags, taking into account overseas and learner operations. The latest developments in the various operations were also disclosed in this financial statement. Quality education, in terms of income composition, has become a flag of future growth. During the fourth fiscal year, future learning services account for about 75 per cent of total income. Among them, quality education is the largest source of income for future learning services. In the future, it is indicated that there have been signs of recovery of activities under the line during the current fiscal year, with an increase in the number of pay-for-currents, which has also resulted in several additional teaching points in the coming quarter. This has had a positive impact on quality education services, leading to a net increase in income from quality education. Penang also indicated that, if the quarterly trends were observed, the number of students enrolled in quality education and longer courses was increasing. In terms of current retention rates, a business model for quality education is feasible, with a relatively stable retirement rate per quarter. Looking ahead, the future will continue to manage the expansion of the Learning Centre, based on market demand and operational efficiency; and will manage teacher recruitment plans in the light of operational progress. Overseas learning service operations have also been synchronized. Following the future disclosure of the business in the first quarter of 2023 with a three-digit equivalent increase, in the fourth fiscal year, the Think Academy of Future Overseas Learning Services (OSS) was again able to achieve a three-digit equivalent growth in terms of total income and long-term courses. In addition to learning centres that have been set up in Singapore, the United Kingdom and the United States during the reporting period, future operations have begun in Canada, among others, with confidence to achieve faster growth over the next three to five years. Data from the financial press conference also disclose that the content settlement operations account for more than 15 per cent of total net revenue in the fourth quarter, achieving annual growth. In the fourth fiscal year, a teaching aid for typhoid learning experiences was introduced in the future, with over 400,000 distributions in four quarters. And in recent fires, the future is also inflated. It was noted that the future intellectual education hardware currently has two core product lines — learning machines and podiums, learning machine focus course content, and subject-matter focus teaching aids. In February this year, Xpad, a learning pad, was conceived for future flags. Xpad is an 11 inches of AI-driven intelligent learning equipment, which is equipped with content that includes both learning and self-determined content and external partners. Learning learners have access to personalized, interactive learning experiences by combining intelligent functions such as individualized content. At the telephone conference, the future side indicated that if the narrow definition of the smart learning flat, the total market outflows are expected to be around 4 to 5 million per year. The real target market, however, is not merely a narrow definition of the flat, but a generic flat is also used for the learning scene, which, if added, could exceed 10 million out of the stock. This is an important market for the good future. At the same time, it is mentioned that the current marketing channels for flag-based learning machines are mainly the official self-employed platform. The flagship shop for e-learning in audio-visuals shows that the hanging is more than two months and that the thought-in-smart learning machine has been in place. --- *Originally published on [Primo](https://paragraph.com/@primo/acknowledgement-future-pledge)*