Welcome to our dedicated page for Pcs Edvntrs.Com news (Ticker: PCSV), a resource for investors and traders seeking the latest updates and insights on Pcs Edvntrs.Com stock.
PCS Edventures!, Inc. (PCSV) is an Idaho-based educational services company that focuses on TK-12 and K-12 STEM education. The company designs and delivers technology-rich products and services that emphasize experiential learning in Science, Technology, Engineering, and Math and are intended to develop 21st-century skills. Its news flow provides insight into how it operates within the elementary and secondary education space and how it responds to funding and policy changes affecting out-of-school-time and classroom programs.
On this page, readers can follow PCS Edventures! news related to quarterly and annual financial results, operational updates, and capital allocation decisions such as share repurchase activity. Recent announcements have discussed revenue trends, seasonality in its business, gross margin performance, and the impact of federal and state education funding, including ESSER funds and 21st Century Community Learning Centers, on demand for its STEM programs.
Company news also covers product and program developments, including educational drone initiatives, the Drone Designers: Exploring STEAM Careers program, and work on a next-generation indoor–outdoor modular drone with associated curriculum and pilot programs. Governance and leadership updates, such as additions to the Board of Directors and the appointment of a Chief Operating Officer, are disclosed through press releases and SEC-linked communications.
Investors, educators, and other stakeholders can use this news feed to review how PCS Edventures! communicates its strategy, funding environment, and product evolution over time. Regular updates offer context on how the company positions its STEM education offerings, manages its capital structure, and interacts with public markets under the PCSV ticker.
PCS Edventures! reported unaudited Q2 FY2025 results with revenue of $2.27 million, down from $3.77 million in the same period last year. Net income before tax decreased to $0.55 million from $1.81 million year-over-year. The company ended with $4.01 million in cash.
The revenue decline was primarily due to reduced orders from two major customers for Discover Drones product, dropping to $0.45 million from $2.08 million last year. Excluding these customers, core revenue grew from $1.69 million to $1.82 million year-over-year.
PCS Edventures! (PCSV), a leading K-12 STEM education program provider, reported unaudited results for Q1 FY2025 ended June 30, 2024. Highlights include:
- Revenue increased 21% to $3.16 million from $2.61 million in Q1 FY2024
- Net income rose to $1.14 million from $0.86 million year-over-year
- Cash position of $2.65 million at quarter-end
While Q1 showed strong growth, management cautioned about a challenging Q2 comparison due to exceptional revenue in Q2 FY2024, which included significant Air Force JROTC and Iowa Scale Up Program contributions. The company views this as temporary revenue lumpiness rather than a shift in overall growth trends.
PCS Edventures! (PCSV), a leading K-12 STEM education program provider, has been selected to present at the 9th annual MicroCap Leadership Summit on August 1st, 2024. The event, hosted by MicroCapClub at the Coeur d'Alene Resort in Idaho, is attended by 100 global retail and institutional investors. PCSV's President Michael Bledsoe will deliver the presentation, which will be available on the company's website.
PCSV is one of only six companies chosen to present at this year's summit. The MicroCap Leadership Summit is an exclusive forum for experienced microcap investors focusing on companies with sub $500m market cap trading on various global markets. Since 2011, MicroCapClub members have profiled over 1000 microcap companies, fostering a high-quality investor community and promoting better leadership in the microcap arena.
PCS Edventures! (PCSV) announced its fiscal year 2024 results, showcasing significant growth. Revenue climbed to $9.1 million, up from $7.0 million the previous year. Net income before tax benefit increased to $2.9 million compared to $1.8 million the prior year. The company concluded the fiscal year with $1.3 million in cash. President Mike Bledsoe attributed the success to the dedicated efforts of employees, while CEO Todd Hackett highlighted potential future growth, stating there's a vast untapped market for their STEM education programs.
PCS Edventures! (PCSV) announced preliminary results for fiscal year 2024, ending March 31.
The company reported revenue of $9.1 million, a significant increase from $7.0 million in the previous year.
Net income before tax benefit was $2.9 million, up from $1.8 million.
PCS Edventures! ended the fiscal year with $1.3 million in cash.
The final audited financial statements are expected to be filed in their 10-K Annual Report by June 28, 2024.
CEO Todd Hackett expressed confidence in the company's growth and looks forward to a successful fiscal year 2025.
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