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GSUN

Golden Sun Education Group Limited

GSUN

Golden Sun Education Group Limited • NASDAQ
$1.42 ▼ -4.05% (-0.06)
Market Cap $2.81 M
52w High $5.25
52w Low $1.25
Dividend Yield 0%
P/E -0.33
Volume 19.84K
Outstanding Shares 1.98M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $16.569M ▲ $1.802M ▼ $-4.795M ▼ -28.937% ▲ $-2.94 ▼ $-1.183M ▲
Q4-2024 $6.451M ▲ $2.104M ▼ $-1.947M ▼ -30.187% ▲ $-0.98 ▼ $-1.336M ▼
Q2-2024 $3.708M ▲ $2.821M ▲ $-1.759M ▲ -47.433% ▲ $-0.89 ▲ $-1.289M ▲
Q4-2023 $2.629M ▼ $2.628M ▼ $-2.112M ▲ -80.334% ▲ $-1.11 ▲ $-1.673M ▲
Q2-2023 $3.527M $5.302M $-3.674M -104.189% $-1.98 $-3.144M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $137.076K ▼ $24.859M ▲ $29.125M ▲ $-3.911M ▼
Q4-2024 $839.622K ▼ $17.083M ▲ $16.672M ▲ $717.536K ▼
Q2-2024 $2.087M ▼ $16.44M ▼ $13.868M ▼ $2.643M ▼
Q4-2023 $6.553M ▼ $19.448M ▼ $15.072M ▲ $4.428M ▼
Q2-2023 $12.713M $21.562M $15.015M $6.597M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-4.795M ▼ $-8.518M ▼ $-39.609K ▲ $7.861M ▲ $-702.546K ▲ $-8.525M ▼
Q4-2024 $-1.947M ▼ $-2.253M ▲ $-100.585K ▲ $1.08M ▲ $-1.247M ▲ $-2.354M ▲
Q2-2024 $-1.759M ▲ $-2.648M ▲ $-1.873M ▼ $36.804K ▲ $-4.466M ▲ $-4.407M ▲
Q4-2023 $-2.112M ▲ $-4.65M ▼ $-1.03M ▲ $-200.298K ▼ $-6.161M ▲ $-4.76M ▼
Q2-2023 $-3.674M $-3.292M $-4.695M $447.099K $-7.634M $-3.459M

Five-Year Company Overview

Income Statement

Income Statement The company’s revenue base is very small and has not shown meaningful growth in recent years. Profitability has been weak and inconsistent, with periods of loss and only brief signs of break-even performance. Gross profit is thin, and operating results suggest a business that has not yet found a stable, scalable earnings model. Overall, the income statement reflects a company still searching for sustainable, profitable operations rather than one that is already established and mature.

Balance Sheet

Balance Sheet The balance sheet is modest in size, with a small pool of assets and a limited equity cushion. The business carries little to no traditional financial debt, which reduces interest burden but also highlights that its scale is quite small. Cash levels have moved around over time, which, combined with thin equity, suggests only a limited buffer to absorb shocks or fund large expansions. This is a lightweight balance sheet that offers flexibility but also underlines how constrained the company’s resources are.

Cash Flow

Cash Flow Cash generation from the core business has been around break-even to slightly negative, indicating that operations are not yet a reliable source of cash. Free cash flow has dipped into negative territory, implying that the company has needed to draw on its cash reserves or external funding to cover its activities. Capital spending has been low, which keeps cash needs down but also points to a cautious or constrained investment posture. Overall, cash flows paint a picture of a company in transition that has not yet converted its strategy into steady, self-funding cash generation.

Competitive Edge

Competitive Edge Golden Sun is a small player operating in highly competitive areas: education services, cultural tourism, wellness products, and e-commerce. Its historical strength lies in education relationships and regional brand recognition, but this advantage is limited outside its core markets. The move into tourism, wellness, and online sales looks more like diversification than the exploitation of a deep, defensible edge. Partnerships in cultural tourism and the ability to bundle education with experiences could become differentiators, but for now the company appears to be competing against much larger and more specialized rivals without a clearly proven moat.

Innovation and R&D

Innovation and R&D Innovation is currently more about changing the business mix than about developing new technologies. The company is experimenting with combining education, cultural tourism, and wellness, and it is using popular e-commerce and livestreaming channels rather than building its own unique platforms. Product differentiation, such as traditional-tea-based wellness items, is niche but not obviously protected by strong intellectual property. Real technological or research-driven advantages are not yet well defined; the key unknown is whether Golden Sun can turn its strategic partnerships and “education plus culture plus health” concept into something truly distinctive over time.

Summary

Golden Sun is a very small, recently listed company undergoing a major identity shift—from a focused education provider to a diversified group spanning tourism, wellness, and e-commerce. Financially, it operates on a thin base, with low revenue, patchy profitability, and only a modest capital cushion, which makes execution risk more pronounced. Strategically, the vision is ambitious: integrate education, cultural experiences, and health products into a unified platform and leverage external partners for expertise. The upside scenario relies on successfully building new revenue streams and synergies; the downside risk is that diversification spreads limited resources too thin before the new lines of business become self-sustaining. Uncertainty is high, and the next few years of operational and financial results will be critical in revealing whether this transformation can take hold.