Skillful Craftsman Education Technology Limited (EDTK) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the EDTK SEC filings page.
Skillful Craftsman Education Technology Limited (EDTK) reported $14K in revenue for fiscal year 2026, down 98.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Development-stage profile: revenue is tiny, losses remain large, and cash-flow improvement has not restored operating scale.
Operating cash flow improved from-$4.0M in FY2025 to-$1.3M in FY2026. Yet revenue fell to$14K while the operating loss reached$2.6M , so the cash-flow change reflects reduced cash use rather than demonstrated operating recovery.
FY2026 revenue was only
The balance sheet tightened sharply: current ratio fell from 0.9x in FY2025 to 0.2x in FY2026, leaving current assets below current liabilities. At the same time, the reported liquidity comparison was 78.4 months, so the measures point to different resource pools or timing rather than one clean liquidity picture.
Financial Health Signals
Skillful Craftsman Education Technology Limited does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Skillful Craftsman Education Technology Limited scores 1.68, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $12.7M against total assets of $8.5M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Skillful Craftsman Education Technology Limited passes 1 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Skillful Craftsman Education Technology Limited reported a net loss of $8.5M while operations used $1.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Skillful Craftsman Education Technology Limited reported an operating loss of $2.6M against $49K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Skillful Craftsman Education Technology Limited generated $14K in revenue in fiscal year 2026. This represents a decrease of 98.4% from the prior year.
Skillful Craftsman Education Technology Limited's EBITDA was -$2.6M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the prior year is not meaningful, because that figure was zero or negative.
Skillful Craftsman Education Technology Limited reported a net loss of $8.5M in fiscal year 2026. The change from the prior year is not meaningful, because that figure was zero or negative.
Skillful Craftsman Education Technology Limited earned -$0.51 per diluted share (EPS) in fiscal year 2026. The change from the prior year is not meaningful, because that figure was zero or negative.
Cash & Balance Sheet
Skillful Craftsman Education Technology Limited held $243K in cash as of fiscal year 2026; no long-term debt figure is on record for that period.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
Margins & Returns
Skillful Craftsman Education Technology Limited's gross margin was 50.5% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 27.7 percentage points from the prior year.
Skillful Craftsman Education Technology Limited's ROE was -125.1% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 69.9 percentage points from the prior year.
Not shown for fiscal year 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Skillful Craftsman Education Technology Limited invested $435K in research and development in fiscal year 2026. The change from the prior year is not meaningful, because that figure was zero or negative.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
EDTK Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14K-98.4% | $894K-55.3% | $2.0M+86.3% | $1.1M-95.3% | $23.1M-21.0% | $29.2M+2.0% | $28.6M+15.9% | $24.7M+65.4% | $14.9M |
| Cost of Revenue | $7K-96.4% | $195K+33.5% | $146K-23.2% | $190K-98.9% | $17.7M+20.1% | $14.7M+24.7% | $11.8M+24.7% | $9.5M+100.6% | $4.7M |
| Gross Profit | $7K-99.0% | $699K-62.3% | $1.9M+109.8% | $883K-83.6% | $5.4M-62.8% | $14.5M-14.0% | $16.8M+10.5% | $15.2M+49.2% | $10.2M |
| R&D Expenses | $435Kn/m | $0n/m | $0 | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $2.2M+27.3% | $1.7M+9.2% | $1.6M-51.7% | $3.3M-44.5% | $5.9M+8.7% | $5.5M+53.4% | $3.6M-4.6% | $3.7M+65.3% | $2.3M |
| Operating Income | -$2.6Mn/m | -$1.0Mn/m | -$1.5Mn/m | -$20.1Mn/m | -$561K-106.2% | $9.0M-32.1% | $13.2M+15.4% | $11.5M+44.6% | $7.9M |
| EBITDA | -$2.6Mn/m | -$1.0Mn/m | -$1.4Mn/m | -$20.0M-275.6% | $11.4M-41.1% | $19.3M-13.1% | $22.2M+18.8% | $18.7M+52.0% | $12.3M |
| Interest Expense | $49K+312.4% | $12K-98.5% | $794K-3.0% | $819K+277.4% | $217Kn/m | $0n/m | $0-100.0% | $195+71.1% | $114 |
| Income Tax | N/A | $53Kn/m | -$27K-121.5% | $127K-79.1% | $609K-82.5% | $3.5M+4.2% | $3.3M+15.4% | $2.9M+44.3% | $2.0M |
| Net Income | -$8.5Mn/m | -$7.6Mn/m | -$4.7Mn/m | -$20.9Mn/m | -$1.4M-140.0% | $3.5M-64.9% | $10.0M+15.0% | $8.7M+44.3% | $6.0M |
| EPS (Basic) | -$0.51n/m | -$0.48n/m | -$0.31n/m | -$1.40n/m | -$0.10-131.3% | $0.32-71.2% | $1.11+15.6% | $0.96+43.3% | $0.67 |
| EPS (Diluted) | -$0.51n/m | -$0.48n/m | -$0.31n/m | -$1.40n/m | -$0.10-131.3% | $0.32-71.2% | $1.11+15.6% | $0.96+43.3% | $0.67 |
| Diluted Shares (Avg) | 17M+5.6% | 16M+2.8% | 15M+3.7% | 15M+8.8% | 14M+24.1% | 11M+22.6% | 9M | N/A | N/A |
EDTK Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.5M-44.0% | $15.3M-58.0% | $36.3M-16.8% | $43.6M-40.3% | $73.1M+23.5% | $59.2M+29.6% | $45.7M+4.9% | $43.5M+44.9% | $30.1M |
| Current Assets | $306K-78.1% | $1.4M-92.6% | $18.9M-23.1% | $24.5M-10.9% | $27.5M+9.9% | $25.0M+79.2% | $14.0M+19.3% | $11.7M+131.1% | $5.1M |
| Cash & Equivalents | $243K-80.0% | $1.2M+63.4% | $746K-96.4% | $21.0M-11.9% | $23.8M+36.6% | $17.5M+46.3% | $11.9M+15.1% | $10.4M+111.6% | $4.9M |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 |
| Accounts Receivable | N/A | N/A | $7K-98.4% | $458K+81.6% | $252K+200.3% | $84K+6.6% | $79K-82.5% | $451K+162.7% | $172K |
| Long-Term Investments | $8.2M-37.5% | $13.2M+614.8% | $1.8M-87.1% | $14.3M-4.4% | $15.0Mn/m | $0n/m | $0n/m | $0n/m | $0 |
| Goodwill | N/A | N/A | N/A | $4.3M-6.0% | $4.6Mn/m | $0 | N/A | N/A | N/A |
| Total Liabilities | $1.8M+16.0% | $1.5M-89.8% | $14.8M-11.2% | $16.7M-26.9% | $22.8M+67.4% | $13.6M-23.4% | $17.8M-27.4% | $24.5M+29.2% | $19.0M |
| Current Liabilities | $1.8M+16.0% | $1.5M-4.0% | $1.6M-47.6% | $3.0M-62.5% | $8.0M-39.9% | $13.3M-24.9% | $17.8M+12.1% | $15.8M-16.5% | $19.0M |
| Non-Current Liabilities | $0n/m | $0-100.0% | $13.3M-3.2% | $13.7M-7.6% | $14.8M+4634.2% | $313K+515.0% | $51K-99.4% | $8.7Mn/m | $0 |
| Long-Term Debt | N/A | N/A | $13.3M-3.1% | $13.7M-7.6% | $14.8Mn/m | $0 | N/A | N/A | N/A |
| Total Equity | $6.8M-50.6% | $13.7M-36.1% | $21.5M-20.2% | $27.0M-46.4% | $50.3M+10.3% | $45.6M+63.4% | $27.9M+46.6% | $19.0M+71.7% | $11.1M |
| Retained Earnings | -$12.7Mn/m | -$4.2M-224.9% | $3.4M-58.2% | $8.1M-72.0% | $29.0M-4.6% | $30.4M+13.0% | $26.9M+58.9% | $16.9M+104.9% | $8.3M |
Not reported in any period shown, so not listed: Inventory.
EDTK Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.3Mn/m | -$4.0Mn/m | -$2.7Mn/m | -$2.6M-153.0% | $4.8M-55.1% | $10.8M-6.3% | $11.5M-43.4% | $20.3M+19.7% | $17.0M |
| Depreciation & Amortization | $18K+0.8% | $18K-79.3% | $88K+4.3% | $85K-99.3% | $12.0M+15.6% | $10.3M+15.0% | $9.0M+24.1% | $7.2M+65.3% | $4.4M |
| Stock-Based Compensation | $1.1M+140.5% | $437K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | $513K-89.9% | $5.1M+204.4% | $1.7M-88.0% | $14.0Mn/m | $0 |
| Free Cash Flow | N/A | N/A | N/A | N/A | $4.3M-23.8% | $5.7M-42.3% | $9.8M+55.0% | $6.3M-62.7% | $17.0M |
| Investing Cash Flow | N/A | N/A | $5Kn/m | -$301Kn/m | -$13.6Mn/m | -$20.9Mn/m | -$10.4Mn/m | -$15.7Mn/m | -$15.1M |
| Financing Cash Flow | $351K-41.5% | $600K | N/A | $1.0M-93.2% | $14.8M+11.8% | $13.2Mn/m | $0n/m | $0n/m | $0 |
| Dividends Paid | $0n/m | $0n/m | $0 | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Share Buybacks.
EDTK Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2620-F | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 50.5%-27.7pp | 78.2%-14.5pp | 92.7%+10.4pp | 82.3%+59.0pp | 23.3%-26.2pp | 49.6%-9.2pp | 58.8%-2.9pp | 61.7%-6.7pp | 68.4% |
| Operating Margin | -18699.0% | -116.4% | -74.9% | -1873.3% | -2.4%-33.3pp | 30.8%-15.5pp | 46.3%-0.2pp | 46.5%-6.7pp | 53.2% |
| Net Margin | -60136.2% | -848.3% | -236.2% | -1948.4% | -6.1%-18.1pp | 12.0%-22.9pp | 34.9%-0.3pp | 35.2%-5.1pp | 40.3% |
| Return on Equity | -125.1%-69.9pp | -55.1%-33.2pp | -22.0%+55.6pp | -77.6%-74.8pp | -2.8%-10.5pp | 7.7%-28.1pp | 35.8%-9.8pp | 45.6%-8.6pp | 54.3% |
| Return on Assets | -99.4%-49.7pp | -49.7%-36.7pp | -13.0%+34.9pp | -47.9%-46.0pp | -1.9%-7.8pp | 5.9%-15.9pp | 21.8%+1.9pp | 19.9%-0.1pp | 20.0% |
| Current Ratio | 0.17-0.7x | 0.92-11.1x | 11.99+3.8x | 8.17+4.7x | 3.43+1.6x | 1.88+1.1x | 0.790.0x | 0.74+0.5x | 0.27 |
| Debt-to-Equity | N/A | N/A | 0.62+0.1x | 0.51+0.2x | 0.29+0.3x | 0.00 | N/A | N/A | N/A |
| Liabilities-to-Equity | 0.26+0.1x | 0.11-0.6x | 0.69+0.1x | 0.62+0.2x | 0.45+0.2x | 0.30-0.3x | 0.64-0.7x | 1.29-0.4x | 1.71 |
| Asset Turnover | 0.00-0.1x | 0.060.0x | 0.060.0x | 0.02-0.3x | 0.32-0.2x | 0.49-0.1x | 0.63+0.1x | 0.57+0.1x | 0.50 |
| FCF Margin | N/A | N/A | N/A | N/A | 18.7%-0.7pp | 19.4%-14.9pp | 34.3%+8.6pp | 25.7% | 113.7% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Note: The current ratio is below 1.0 (0.17), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Skillful Craftsman Education Technology Limited EDTK | FY2026 | $14K | -$8.5M | N/A | $14.6M | — |
| 17 Education & Technology Group Inc. YQ | FY2025 | $15.2M | -$22.1M | N/A | $31.0M | 63/100 |
| KIDZ AI Inc. KIDZ | FY2025 | $3.4M | -$7.0M | N/A | $1.4M | 15/100 |
| Golden Sun Technology Group Limited GSUN | FY2025 | $35K | -$5K | -14.3% | $1.8M | — |
| EpicQuest Education Group International Limited EEIQ | FY2025 | $8.9M | -$2.4M | -27.2% | $7.4M | 49/100 |
| Four Seasons Education (Cayman) Inc. FEDU | FY2026 | $37.1M | $4.5M | 12.1% | $23.7M | 53/100 |
Where Skillful Craftsman Education Technology Limited Ranks
Frequently Asked Questions
What is Skillful Craftsman Education Technology Limited's annual revenue?
Skillful Craftsman Education Technology Limited (EDTK) reported $14K in total revenue for fiscal year 2026. This represents a -98.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Skillful Craftsman Education Technology Limited's revenue growing?
Skillful Craftsman Education Technology Limited (EDTK) revenue declined by 98.4% year-over-year, from $894K to $14K in fiscal year 2026.
Is Skillful Craftsman Education Technology Limited profitable?
No, Skillful Craftsman Education Technology Limited (EDTK) reported a net loss of $8.5M in fiscal year 2026.
What is Skillful Craftsman Education Technology Limited's EBITDA?
Skillful Craftsman Education Technology Limited (EDTK) had EBITDA of -$2.6M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is Skillful Craftsman Education Technology Limited's gross margin?
Skillful Craftsman Education Technology Limited (EDTK) had a gross margin of 50.5% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Skillful Craftsman Education Technology Limited's return on equity (ROE)?
Skillful Craftsman Education Technology Limited (EDTK) has a return on equity of -125.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Skillful Craftsman Education Technology Limited's operating cash flow?
Skillful Craftsman Education Technology Limited (EDTK) recorded an outflow of $1.3M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Skillful Craftsman Education Technology Limited's total assets?
Skillful Craftsman Education Technology Limited (EDTK) had $8.5M in total assets as of fiscal year 2026, including both current and long-term assets.
How much does Skillful Craftsman Education Technology Limited spend on research and development?
Skillful Craftsman Education Technology Limited (EDTK) invested $435K in research and development during fiscal year 2026.
What is Skillful Craftsman Education Technology Limited's current ratio?
Skillful Craftsman Education Technology Limited (EDTK) had a current ratio of 0.17 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.
What is Skillful Craftsman Education Technology Limited's liabilities-to-equity ratio?
Skillful Craftsman Education Technology Limited (EDTK) had a liabilities-to-equity ratio of 0.26 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2026, because the filing data we hold for that year carries no long-term debt figure.
What is Skillful Craftsman Education Technology Limited's return on assets (ROA)?
Skillful Craftsman Education Technology Limited (EDTK) had a return on assets of -99.4% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Skillful Craftsman Education Technology Limited's P/E ratio?
Skillful Craftsman Education Technology Limited (EDTK) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2026). The market capitalization is $14.6M as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Skillful Craftsman Education Technology Limited's price-to-sales ratio?
Skillful Craftsman Education Technology Limited (EDTK) has no price-to-sales ratio at the moment: outside the range published as a multiple (on $14K revenue, FY2026). The market capitalization is $14.6M as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Skillful Craftsman Education Technology Limited's liquidity compare with its operating cash outflow?
At the end of fiscal year 2026, Skillful Craftsman Education Technology Limited (EDTK) held $8.5M in cash, cash equivalents and investments, and reported an operating cash outflow of $1.3M over that year. Dividing the one by the other, the reported balance equals about 78 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Skillful Craftsman Education Technology Limited's Altman Z-Score?
Skillful Craftsman Education Technology Limited (EDTK) has an Altman Z-Score of 1.68, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Skillful Craftsman Education Technology Limited's Piotroski F-Score?
Skillful Craftsman Education Technology Limited (EDTK) has a Piotroski F-Score of 1 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Skillful Craftsman Education Technology Limited's earnings high quality?
Skillful Craftsman Education Technology Limited (EDTK) reported a net loss of $8.5M while operations used $1.3M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Skillful Craftsman Education Technology Limited cover its interest payments?
Skillful Craftsman Education Technology Limited (EDTK) reported an operating loss of $2.6M against $49K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.