Skillful Craftsman Education Technology Limited, established in 2013 and headquartered in Wuxi, People's Republic of China, specializes in delivering virtual vocational instruction ...
Skillful Craftsman Education Technology Limited (NASDAQ: EDTK) is an education and technology provider headquartered in the People’s Republic of China. The company’s core focus is delivering virtual vocational instruction and education-technology support to college students and recent graduates across mainland China. Founded in 2013, the business model emphasizes online learning ...Skillful Craftsman Education Technology Limited (NASDAQ: EDTK) is an education and technology provider headquartered in the People’s Republic of China. The company’s core focus is delivering virtual vocational instruction and education-technology support to college students and recent graduates across mainland China. Founded in 2013, the business model emphasizes online learning at scale, supplemented by technology and services that help educational organizations deploy and manage training programs more effectively.
From a products and platform perspective, the company operates multiple online learning platforms. These offerings include a lifelong education public service platform (reported to feature roughly 200 courses), a vocational training platform (reported to include a much broader catalog, including subjects such as mechanical engineering, electronics, automotive repair, and construction, totaling hundreds of courses), and a virtual simulation experimental training platform (reported to host experimental programs). Together, these platforms indicate a strategy that combines course content with technology-enabled learning experiences, including simulation-based training.
Beyond content delivery, the company also provides technology services aligned with education delivery and training operations. Reported services include software development and maintenance, hardware installation, system testing, and consulting and training. In addition, it offers cloud solutions tailored for different customer types such as private enterprises, academic institutions, and government agencies, reflecting a B2B-oriented capability to support institutions’ infrastructure needs.
The company has also expanded into additional educational-technology adjacent initiatives, including an education and training platform focused on financial investment education (covering topics such as global securities markets and core investment concepts like fundamental and technical analysis). It further provides employment-related staffing services described as flexible staffing/recruitment outsourcing for permanent staffing needs, positioning the company not only as a learning provider but also as a facilitator of talent outcomes.
In terms of scale, the provided data indicates a relatively small employee base (about 15 full-time employees), which is consistent with an asset-light, platform-centric model that can leverage contractors/partners and technology infrastructure rather than traditional classroom-based staffing.
From a cost and operating model viewpoint, companies in this sector often face significant technology development and content maintenance costs, as well as customer acquisition and partnership management expenses. The FMP financial snapshot supplied shows profitability metrics that are not currently favorable (e.g., negative margins and negative return measures), which suggests the company may still be investing in growth, platform development, or facing commercialization challenges typical of early-stage or transition periods in education-technology businesses.
Key people identified in the provided information include Bin Fu, serving as CEO. The company’s strategy appears centered on expanding course catalogs, improving learning technology (including simulation and communication skills learning referenced in the provided materials), and deepening institutional and enterprise partnerships to broaden distribution channels and strengthen recurring demand for education-technology services.
Overall, EDTK offers a combination of online vocational learning platforms and education-technology services, with an emphasis on scalable digital education experiences and technology enablement for educational and institutional customers.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$14133
-98.4%
—
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-8.5M
-185.3%
-649.3%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
-802.4%
-1125.7%
—
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-18699.0%
-15968.5%
—
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-60136.2%
-17940.4%
—
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-1.3M
+67.7%
+71.9%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-9170.8%
-1941.9%
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Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
14.7%
+188.7%
+79.9%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
0.17x
-81.1%
-46.4%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.