Wah Fu Education Group Limited Financials

WAFU

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2025 Currency USD FYE March

This page shows Wah Fu Education Group Limited (WAFU) financial statements, including the 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).

Financial Health Signals

Financial Profile 40/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Wah Fu Education Group Limited has an operating margin of -6.3%, meaning the company retains $-6 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -3.3% the prior year.

Growth

Wah Fu Education Group Limited's revenue declined 14.4% year-over-year, from $7.2M to $6.2M. This contraction results in a growth score of 0/100.

Leverage

Wah Fu Education Group Limited carries a low D/E ratio of 0.34, meaning only $0.34 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

100

With a current ratio of 3.88, Wah Fu Education Group Limited holds $3.88 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Cash Flow

While Wah Fu Education Group Limited generated -$966K in operating cash flow, capex of $11K consumed most of it, leaving -$976K in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Piotroski F-Score Weak

3/9

Wah Fu Education Group Limited passes 3 of 9 financial strength tests. No profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

2.08x

For every $1 of reported earnings, Wah Fu Education Group Limited generates $2.08 in operating cash flow (-$966K OCF vs -$465K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-8.2x

Wah Fu Education Group Limited earns $-8.2 in operating income for every $1 of interest expense (-$392K vs $48K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Revenue

$6.2M

YoY-14.4%

5Y CAGR+1.9%

Wah Fu Education Group Limited generated $6.2M in revenue in fiscal year 2025. This represents a decrease of 14.4% from the prior year.

EBITDA

-$303K

YoY-160.1%

Wah Fu Education Group Limited's EBITDA was -$303K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 160.1% from the prior year.

Free Cash Flow

-$976K

YoY-13.2%

Wah Fu Education Group Limited generated -$976K in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 13.2% from the prior year.

Net Income

-$465K

YoY-741.6%

Wah Fu Education Group Limited reported -$465K in net income in fiscal year 2025. This represents a decrease of 741.6% from the prior year.

EPS (Diluted)

$-0.11

YoY-1000.0%

Wah Fu Education Group Limited earned $-0.11 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 1000.0% from the prior year.

Cash & Debt

$10.1M

YoY-8.3%

5Y CAGR+8.2%

Wah Fu Education Group Limited held $10.1M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

YoY-33.7%

5Y CAGR-7.8%

Wah Fu Education Group Limited had 3M shares outstanding in fiscal year 2025. This represents a decrease of 33.7% from the prior year.

Gross Margin

41.6%

YoY+0.2pp

5Y CAGR+1.7pp

Wah Fu Education Group Limited's gross margin was 41.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.2 percentage points from the prior year.

Operating Margin

-6.3%

YoY-3.0pp

5Y CAGR+21.5pp

Wah Fu Education Group Limited's operating margin was -6.3% in fiscal year 2025, reflecting core business profitability. This is down 3.0 percentage points from the prior year.

Net Margin

-7.5%

YoY-6.8pp

5Y CAGR+21.6pp

Wah Fu Education Group Limited's net profit margin was -7.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 6.8 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$11K

YoY-88.6%

5Y CAGR-32.0%

Wah Fu Education Group Limited invested $11K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 88.6% from the prior year.

WAFU Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$6.2M-14.4%	$7.2M-32.4%	$10.7M-6.8%	$11.5M+34.7%	$8.5M+51.1%	$5.6M
Cost of Revenue	$3.6M-14.7%	$4.2M-15.5%	$5.0M-16.5%	$6.0M+50.7%	$3.9M+18.0%	$3.3M
Gross Profit	$2.6M-13.8%	$3.0M-47.4%	$5.7M+4.1%	$5.5M+20.9%	$4.5M+100.8%	$2.3M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$853K-20.1%	$1.1M-5.5%	$1.1M-60.7%	$2.9M+33.2%	$2.2M-14.0%	$2.5M
Operating Income	-$392K-63.2%	-$241K-112.0%	$2.0M+93.3%	$1.0M-4.6%	$1.1M+169.4%	-$1.6M
Interest Expense	$48K-0.7%	$48K-2.2%	$49K-1.5%	$50K-26.4%	$68K-24.1%	$90K
Income Tax	$100K-23.5%	$131K-69.6%	$431K+80.2%	$239K+32.5%	$180K-15.1%	$212K
Net Income	-$465K-741.6%	-$55K-106.1%	$906K+21.9%	$743K+9.3%	$680K+141.4%	-$1.6M
EPS (Diluted)	$-0.11-1000.0%	$-0.01-105.0%	$0.20+17.6%	$0.17+6.3%	$0.16-100.0%	$1000000.00

Metric	Q1'25	Q1'24	Q1'23	Q1'22	Q1'21	Q1'20	Q1'19	Q1'18
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

WAFU Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$15.4M-4.4%	$16.2M-7.9%	$17.5M-2.6%	$18.0M+6.1%	$17.0M+35.1%	$12.6M
Current Assets	$14.2M-3.0%	$14.7M-8.3%	$16.0M-1.3%	$16.2M+7.8%	$15.0M+46.7%	$10.3M
Cash & Equivalents	$10.1M-8.3%	$11.0M-12.1%	$12.6M+6.8%	$11.8M-2.4%	$12.1M+76.4%	$6.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$718K-31.0%	$1.0M+31.1%	$793K-53.7%	$1.7M-10.8%	$1.9M+253.5%	$543K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$3.7M-8.0%	$4.0M-11.3%	$4.5M-24.8%	$6.0M-2.8%	$6.2M+88.8%	$3.3M
Current Liabilities	$3.7M-6.6%	$3.9M-8.8%	$4.3M-28.1%	$6.0M-1.2%	$6.1M+108.6%	$2.9M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$10.7M-3.9%	$11.1M-4.7%	$11.7M+4.3%	$11.2M+10.0%	$10.2M+12.5%	$9.1M
Retained Earnings	$5.9M-7.3%	$6.4M-0.9%	$6.4M+12.2%	$5.7M+7.7%	$5.3M+12.5%	$4.7M

Metric	Q1'25	Q1'24	Q1'23	Q1'22	Q1'21	Q1'20	Q1'19	Q1'18
Total Assets	$15.4M-4.4%	$16.2M-7.9%	$17.5M-2.6%	$18.0M+6.1%	$17.0M+35.1%	$12.6M+48.1%	$8.5M-11.7%	$9.6M
Current Assets	$14.2M-3.0%	$14.7M-8.3%	$16.0M-1.3%	$16.2M+7.8%	$15.0M+46.7%	$10.3M+49.9%	$6.8M-11.4%	$7.7M
Cash & Equivalents	$10.1M-8.3%	$11.0M-12.1%	$12.6M+6.8%	$11.8M-2.4%	$12.1M+76.4%	$6.8M+74.0%	$3.9M-16.8%	$4.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$718K-31.0%	$1.0M+31.1%	$793K-53.7%	$1.7M-10.8%	$1.9M+253.5%	$543K-69.5%	$1.8M-12.6%	$2.0M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$3.7M-8.0%	$4.0M-11.3%	$4.5M-24.8%	$6.0M-2.8%	$6.2M+88.8%	$3.3M+83.0%	$1.8M+24.4%	$1.4M
Current Liabilities	$3.7M-6.6%	$3.9M-8.8%	$4.3M-28.1%	$6.0M-1.2%	$6.1M+108.6%	$2.9M+62.7%	$1.8M+24.4%	$1.4M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$10.7M-3.9%	$11.1M-4.7%	$11.7M+4.3%	$11.2M+10.0%	$10.2M+12.5%	$9.1M+35.3%	$6.7M-18.1%	$8.2M
Retained Earnings	$5.9M-7.3%	$6.4M-0.9%	$6.4M+12.2%	$5.7M+7.7%	$5.3M+12.5%	$4.7M-26.4%	$6.4M-12.9%	$7.4M

WAFU Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$966K-25.8%	-$767K-147.6%	$1.6M+50.0%	$1.1M-53.8%	$2.3M+148.3%	$938K
Capital Expenditures	$11K-88.6%	$95K+155.2%	$37K+6.4%	$35K-52.9%	$74K-1.1%	$75K
Free Cash Flow	-$976K-13.2%	-$862K-154.7%	$1.6M+51.4%	$1.0M-53.8%	$2.3M+161.3%	$862K
Investing Cash Flow	-$11K+95.4%	-$231K-727.6%	$37K+102.2%	-$1.7M-171.2%	$2.4M+189.9%	-$2.6M
Financing Cash Flow	$63K	N/A	N/A	-$18K-256.1%	$11K-99.8%	$4.9M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'25	Q1'24	Q1'23	Q1'22	Q1'21	Q1'20	Q1'19	Q1'18
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

WAFU Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	41.6%+0.2pp	41.4%-11.8pp	53.2%+5.6pp	47.6%-5.5pp	53.1%+13.1pp	39.9%
Operating Margin	-6.3%-3.0pp	-3.3%-22.1pp	18.8%+9.8pp	9.1%-3.7pp	12.8%+40.7pp	-27.9%
Net Margin	-7.5%-6.8pp	-0.8%-9.2pp	8.5%+2.0pp	6.5%-1.5pp	8.0%+37.1pp	-29.1%
Return on Equity	N/A	N/A	7.7%+1.1pp	6.6%-0.0pp	6.7%	N/A
Return on Assets	-3.0%-2.7pp	-0.3%-5.5pp	5.2%+1.0pp	4.1%+0.1pp	4.0%+17.1pp	-13.1%
Current Ratio	3.88+0.1	3.74+0.0	3.72+1.0	2.71+0.2	2.48-1.0	3.53
Debt-to-Equity	0.34-0.0	0.36-0.0	0.39-0.1	0.53-0.1	0.60+0.2	0.36
FCF Margin	-15.8%-3.8pp	-11.9%-26.7pp	14.7%+5.7pp	9.1%-17.4pp	26.5%+11.2pp	15.3%

Metric	Q1'25	Q1'24	Q1'23	Q1'22	Q1'21	Q1'20	Q1'19	Q1'18
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	3.88+0.1	3.74+0.0	3.72+1.0	2.71+0.2	2.48-1.0	3.53-0.3	3.83-1.5	5.38
Debt-to-Equity	0.34-0.0	0.36-0.0	0.39-0.1	0.53-0.1	0.60+0.2	0.36+0.1	0.27+0.1	0.18
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Wah Fu Education Group Limited's annual revenue?

Wah Fu Education Group Limited (WAFU) reported $6.2M in total revenue for fiscal year 2025. This represents a -14.4% 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 Wah Fu Education Group Limited's revenue growing?

Wah Fu Education Group Limited (WAFU) revenue declined by 14.4% year-over-year, from $7.2M to $6.2M in fiscal year 2025.

Is Wah Fu Education Group Limited profitable?

No, Wah Fu Education Group Limited (WAFU) reported a net income of -$465K in fiscal year 2025, with a net profit margin of -7.5%.

What is Wah Fu Education Group Limited's earnings per share (EPS)?

Wah Fu Education Group Limited (WAFU) reported diluted earnings per share of $-0.11 for fiscal year 2025. This represents a -1000.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Wah Fu Education Group Limited's EBITDA?

Wah Fu Education Group Limited (WAFU) had EBITDA of -$303K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Wah Fu Education Group Limited's gross margin?

Wah Fu Education Group Limited (WAFU) had a gross margin of 41.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Wah Fu Education Group Limited's operating margin?

Wah Fu Education Group Limited (WAFU) had an operating margin of -6.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Wah Fu Education Group Limited's net profit margin?

Wah Fu Education Group Limited (WAFU) had a net profit margin of -7.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Wah Fu Education Group Limited's free cash flow?

Wah Fu Education Group Limited (WAFU) generated -$976K in free cash flow during fiscal year 2025. This represents a -13.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Wah Fu Education Group Limited's operating cash flow?

Wah Fu Education Group Limited (WAFU) generated -$966K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Wah Fu Education Group Limited's total assets?

Wah Fu Education Group Limited (WAFU) had $15.4M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Wah Fu Education Group Limited's capital expenditures?

Wah Fu Education Group Limited (WAFU) invested $11K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Wah Fu Education Group Limited have outstanding?

Wah Fu Education Group Limited (WAFU) had 3M shares outstanding as of fiscal year 2025.

What is Wah Fu Education Group Limited's current ratio?

Wah Fu Education Group Limited (WAFU) had a current ratio of 3.88 as of fiscal year 2025, which is generally considered healthy.

What is Wah Fu Education Group Limited's debt-to-equity ratio?

Wah Fu Education Group Limited (WAFU) had a debt-to-equity ratio of 0.34 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Wah Fu Education Group Limited's return on assets (ROA)?

Wah Fu Education Group Limited (WAFU) had a return on assets of -3.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Wah Fu Education Group Limited's cash runway?

Based on fiscal year 2025 data, Wah Fu Education Group Limited (WAFU) had $10.1M in cash against an annual operating cash burn of $966K. This gives an estimated cash runway of approximately 126 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Wah Fu Education Group Limited's Piotroski F-Score?

Wah Fu Education Group Limited (WAFU) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Wah Fu Education Group Limited's earnings high quality?

Wah Fu Education Group Limited (WAFU) has an earnings quality ratio of 2.08x, considered low quality (accrual-driven). 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 Wah Fu Education Group Limited cover its interest payments?

Wah Fu Education Group Limited (WAFU) has an interest coverage ratio of -8.2x, meaning it can struggle to cover its interest obligations. 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.

How financially healthy is Wah Fu Education Group Limited?

Wah Fu Education Group Limited (WAFU) scores 40 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.