EpicQuest Edu Stock Price, News & Analysis

EpicQuest Education (NASDAQ: EEIQ) has announced that its Davis University entered into an exclusive Agency Agreement with MSM Unify on May 1, 2025, to recruit students from Africa and the Middle East. The agreement has the potential to bring 525 students from these regions to Davis University.

MSM Unify will provide comprehensive services including applications, study permits, and visa support through its Global Market Office. The partnership aims to diversify Davis University's international student body, which currently includes students from China and India. The agreement focuses on recruiting students for on-campus associate and bachelor degree programs, subject to academic and English language proficiency requirements.

EpicQuest Education (NASDAQ: EEIQ) has announced that its Davis University has entered into an agreement with South China University of Technology to establish a foundational program on its University Town Campus, effective until January 2027.

The program, which represents EEIQ's third foundational program in China, will enable students to complete two years of study before transferring to Davis' Toledo, Ohio campus to complete their bachelor's degree. Each incoming class is expected to consist of approximately 120 students, with the program scheduled to launch in Fall 2025.

The company's revenue streams include:

• International students studying in North America at Davis University and EduGlobal College
• International students studying in their home countries through foundational programs
• Domestic students at Davis and EduGlobal
• Student services fees from on-campus attendance

EpicQuest Education Group International (NASDAQ: EEIQ) received a notification letter from Nasdaq on March 5, 2025, indicating non-compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market. The company's shares traded below $1.00 for 30 consecutive business days.

EEIQ has been granted a 180-day compliance period until September 1, 2025, to regain compliance by maintaining a closing bid price at or above $1.00 for a minimum of 10 consecutive business days. If unsuccessful, the company may be eligible for an additional compliance period if it meets other Nasdaq Capital Market listing requirements.

The notification has no immediate impact on EEIQ's listing status, and trading continues uninterrupted on Nasdaq.

EpicQuest Education Group International (NASDAQ: EEIQ) announced that its EduGlobal College has signed an agreement with Northern Lights College on March 3, 2025. The partnership creates a pathway for international students completing EduGlobal's English for Academic Purposes (EAP) program to directly enroll in Northern Lights' diploma programs without additional language testing.

Students who complete EduGlobal's EAP Level 2 program will gain automatic eligibility for Northern Lights' diploma programs in fields such as business and technology. This agreement supports both institutions' enrollment efforts while advancing EEIQ's strategic growth plan of internationalization through its owned institutions, Davis University and EduGlobal College.

EpicQuest Education (NASDAQ: EEIQ) reported its fiscal year 2024 results, showing a 43% revenue increase to $8.15 million, driven by higher international student enrollment in foundational and collaborative programs. Gross profit rose 26.1% to $5.31 million, though gross margin decreased to 65.2% from 73.7% due to increased costs.

The company experienced an operating loss of $7.43 million and a net loss of $6.57 million. Cash position decreased to $1.15 million, with negative working capital of $5.47 million. Davis University's foundational programs saw enrollment growth to 220 students for 2024-2025, up from 102 in the previous year.

Notable developments include Davis University's expansion to downtown Toledo, enhanced recruiting at EduGlobal College through cooperative diploma programs, and a new agreement with The Center of Advanced Studies in Tokyo for international student pathways starting Spring 2025.

EpicQuest Education Group International (EEIQ), a higher education provider operating in the US, Canada and the UK, has announced its successful compliance with Nasdaq's minimum bid price requirement. The company received official notice from Nasdaq's Listing Qualifications Department on January 8, 2025, confirming that it has regained compliance with Listing Rule 5550(a)(2).

The compliance was achieved as EEIQ's common shares maintained a closing bid price of $1.00 or higher for 20 consecutive business days, spanning from December 9, 2024, to January 7, 2025. With this requirement met, Nasdaq has closed the matter.

EpicQuest Education (Nasdaq: EEIQ) pre-announced expected full year revenue of $9.2 million for fiscal year ended September 30, 2024, representing a 61% increase from $5.8 million in fiscal 2023. The growth is attributed to increased international student enrollment through foundational and collaborative programs established in students' home countries.

The company operates Davis University in Toledo, Ohio, and EduGlobal College in Vancouver, Canada, while also recruiting for the English Language Center of Miami University. Their strategy focuses on internationalization through collaborative programs and foundational studies that prepare international students for university education in the US, Canada, and other countries.

EpicQuest Education (NASDAQ: EEIQ) announced that Davis University has entered into a Transfer Articulation Agreement with The Center of Advanced Studies (CAS) in Tokyo, effective December 1, 2024. The agreement establishes pathways for international students from five Southeast Asian and South American colleges to complete business degrees at Davis University. The company estimates a potential 20-25% increase in international student enrollment, with students possibly starting from Spring 2025. CAS operates programs in Japan, Myanmar, Sri Lanka, and Ecuador, with more locations under development. This agreement aligns with EEIQ's internationalization strategy to expand enrollment and academic programming.

EpicQuest Education Group International (Nasdaq: EEIQ) announced its upcoming participation in a Fireside Chat hosted by Force Family Office on October 31, 2024, at 12:00 pm ET. CFO Zhenyu Wu and Board Director Craig Wilson will discuss the company's position as a high-growth opportunity in the education sector.

The company, which provides higher education services in the US, Canada and the UK, emphasizes internationalization as a core element of its strategic growth plan. Through its operated institutions, Davis University and EduGlobal College, EpicQuest Education aims to enhance global recruiting efforts and provide pathways for university degrees, positioning itself as an international provider of higher learning.