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EDTK

Skillful Craftsman Education Technology Limited

EDTK

Skillful Craftsman Education Technology Limited • NASDAQ
$1.03 ▲ 0.00% (+0.00)
Market Cap $16.41 M
52w High $1.20
52w Low $0.80
Dividend Yield 0%
P/E -5.42
Volume 1.01K
Outstanding Shares 15.93M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $119.018K ▼ $1.332M ▲ $-2.936M ▲ -2.467K% ▼ $-0.19 ▲ $-1.937M ▼
Q4-2024 $505.347K ▼ $-1.185M ▼ $-4.355M ▼ -861.818% ▼ $-0.29 ▼ $-1.168M ▼
Q2-2024 $1.494M ▼ $1.354M ▼ $-366.973K ▲ -24.568% ▲ $-0.024 ▲ $-757.858K ▼
Q4-2023 $4.029M ▼ $15.783M ▲ $-17.923M ▼ -444.842% ▼ $-1.2 ▼ $376.191K ▼
Q2-2023 $7.295M $2.141M $-2.984M -40.908% $-0.2 $3.191M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $1.218M ▼ $15.258M ▼ $1.512M ▼ $13.746M ▼
Q2-2025 $17.456M ▼ $34.694M ▼ $15.5M ▲ $19.194M ▼
Q4-2024 $17.833M ▼ $36.323M ▼ $14.825M ▼ $21.499M ▼
Q2-2024 $19.725M ▼ $41.028M ▼ $15.421M ▼ $25.606M ▼
Q4-2023 $20.999M $43.643M $16.688M $26.954M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-2.936M ▲ $-645.726K ▲ $0 ▼ $100K ▲ $-376.746K ▲ $-645.726K ▲
Q4-2024 $-4.355M ▼ $-2.055M ▼ $3 ▼ $0 ▼ $-1.892M ▼ $-2.055M ▼
Q2-2024 $-366.973K ▲ $-605.398K ▲ $4.785K ▲ $20.999M ▲ $-1.274M ▲ $-605.398K ▲
Q4-2023 $-17.923M ▼ $-3.115M ▼ $4.35K ▲ $1M ▲ $-22.545M ▼ $-3.115M ▼
Q2-2023 $-2.984M $556.282K $-304.981K $3.995K $-1.289M $556.282K

Revenue by Products

Product Q2-2022Q2-2023Q4-2023
Online SVIP Membership Revenue
Online SVIP Membership Revenue
 $0 ▲$0 ▲$0 ▲
Online VIP Membership Revenue
Online VIP Membership Revenue
 $10.00M ▲$10.00M ▲$0 ▼
Technical Service Revenue
Technical Service Revenue
 $0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement The company’s income statement paints a picture of a business in transition and under pressure. A few years ago it was roughly break-even to modestly profitable, but more recently it has slipped into clear losses, with earnings per share turning negative and becoming quite volatile. Reported revenue has shrunk to a very small base, and the latest periods even show almost no revenue at all, which suggests either a sharp drop in legacy business or that the pivot to new products has not yet translated into meaningful sales. Gross profit and operating profit have both weakened, indicating that the company currently lacks scale and pricing power. Overall, the income statement reflects an early-stage or reset phase, where investment and restructuring are happening faster than revenue growth.

Balance Sheet

Balance Sheet The balance sheet is very small, which underscores that this is a tiny company with limited financial resources. It carries only modest debt, and shareholders’ equity is positive but has gradually edged down from prior levels, suggesting cumulative losses are eating into the capital base. Cash has been relatively steady in absolute terms, but at a low level, so there is not a deep financial cushion to absorb prolonged operating losses or large investments. Asset growth has stalled, which fits with a company that is not yet scaling its new strategy. In short, the balance sheet is simple and not overly leveraged, but also not robust, leaving little room for major missteps.

Cash Flow

Cash Flow Cash flow from operations has been minimal, which means the core business is not generating much cash on its own. Free cash flow is essentially flat at close to zero over the past few years, reflecting both limited operating cash inflows and very lean capital spending. The company appears to be conserving cash rather than investing heavily in physical assets, which is consistent with an asset-light, software and services model. However, the lack of strong positive cash flow increases reliance on external funding or equity to support ongoing development and the AI pivot. Until operating cash flows improve, the cash flow profile will remain a key point of risk.

Competitive Edge

Competitive Edge Skillful Craftsman sits in two fiercely competitive arenas: education technology and AI-powered consumer apps. In its original online vocational training niche, it competes with many local and regional platforms that are chasing the same trend of lifelong learning in China. Its new focus on AI-based communication coaching, through products like “Sesame Chat,” places it up against not only specialized startups but also large technology firms with far greater data, brand strength, and R&D budgets. The company’s potential advantage lies in its focus on a specific problem—communication skills and scenario-based guidance—rather than being a general-purpose chatbot. But its current scale, brand visibility, and financial strength appear limited, so any competitive moat is still very young and unproven.

Innovation and R&D

Innovation and R&D The most interesting aspect of the company today is its strategic pivot into AI-driven communication tools. “Sesame Chat” aims to go beyond simple chat assistance by analyzing real-world social and professional situations and offering tailored guidance, which is a more specialized and higher-value use case than generic text generation. The planned “Class Bot” suggests the company is trying to reuse its AI capabilities back into education, potentially enhancing online courses with adaptive and interactive features. The broader vision is an “AI communication intelligence platform” that learns from user interactions and builds a deep library of social scenarios, which, if executed well, could create a data-driven advantage over time. However, all of this is early stage: product-market fit, user adoption, and monetization are not yet proven, so the innovation story is promising but still theoretical from a financial standpoint.

Summary

Skillful Craftsman Education Technology is a micro-scale company going through a major strategic overhaul, moving from traditional online vocational education into AI-powered communication coaching and related tools. Financially, it has shifted from roughly break-even to loss-making, with shrinking revenue and only a thin capital base and modest cash buffer. Cash generation is weak, so the company’s ability to fund its pivot depends heavily on disciplined spending and potential access to outside capital. Competitively, it faces powerful and numerous rivals in both EdTech and AI, and any durable edge will depend on carving out a distinctive niche in communication intelligence and scaling it quickly. The story is now primarily about execution risk and innovation potential: if its new AI products can gain traction and be monetized, the financials could look very different, but at present the business profile is small, fragile, and in flux.