"Learn to Get Rich" Company: Profits Evaporate by 94% Due to Lack of Students

(Dan Tri Newspaper) - In the last quarter of 2025, the business specializing in selling wealth-building courses by speaker Nguyen Thanh Tien recorded a net profit of nearly 400 million VND, a decrease of 94% compared to the same period due to a sharp decline in the number of students.

According to the Q4 financial report released by Van Lang Technology Investment and Development Joint Stock Company (stock code: VLA) - a company specializing in selling wealth-building and financial investment courses - the company experienced a sharp decline in business performance this past quarter.

Specifically, in the last quarter, the company recorded net revenue of over 830 million VND, compared to over 9.9 billion VND in the same period of the previous year, a decrease of over 91%. The company's financial income increased slightly to over 966 million VND. In addition, financial expenses decreased sharply to over 342 million VND, a decrease of 118% compared to the same period in 2024.

Selling expenses and administrative expenses decreased. As a result, net profit from business operations reached over 453 million VND, compared to over 4.1 billion VND in the same period last year.

After adding and subtracting other income and expenses, the business recorded a net profit of over 398 million VND, a decrease of 94% compared to Q4/2024 (6.8 billion VND). According to the company's management, the decrease in profit was mainly due to a decline in the number of trainees.

For the full year 2025, the company's net revenue is projected to reach nearly 12 billion VND, a decrease of nearly 19% compared to 2024. Profit after tax is expected to exceed 874 million VND, an increase of over 69% compared to 2024, driven by a 1.7-fold increase in financial income while financial expenses decreased.

As of the end of last year, the company's total assets reached over 47.5 billion VND, a decrease of nearly 3 billion VND compared to the beginning of the year. Of this, cash and bank deposits amounted to over 10 billion VND, and investments in securities totaled over 4.2 billion VND. The company currently has a registered capital of nearly 39.96 billion VND and only 13 employees.

It is known that Van Lang Technology Investment and Development Joint Stock Company was formerly a subsidiary of Vietnam Education Publishing House, established by a 2007 decision of the Education Publishing House.

Since 2020, after renowned investment and business expert Nguyen Thanh Tien became Chairman of the Board of Directors, the company shifted its focus to training in critical thinking, sales, communication, leadership, financial management, time management, and public speaking skills.

Mr. Nguyen Thanh Tien is also known as an inspirational speaker, sharing investment and wealth-building methods, as well as organizing hundreds of sales and marketing workshops and courses. The prices of these courses range from a few hundred thousand to hundreds of millions of Vietnamese dong.

In the fourth quarter, Van Lang Company paid Mr. Tien over 1.3 million VND in lecturer fees. In addition, Mr. Tien received a salary of over 54 million VND and an allowance of 1.5 million VND for his position as Chairman of the Board of Directors.

Source: https://dantri.com.vn/kinh-doanh/cong-ty-day-lam-giau-loi-nhuan-boc-hoi-94-vi-vang-hoc-vien-20260216214343149.htm