Skillful Craftsman Education Technology Ltd
EDTK Nasdaq Services-Educational Services Financials FY2018โFY2026
Revenue
Total sales reported in the income statement.
$0.0M
98.4%
vs prior year
Operating margin
Operating income as a share of revenue.
โ18,742.6%
18,626.1ย pts
Net income
Profit after all expenses, interest and tax.
โ$8.5M
Free cash flow
Cash from operations minus capital spending.
โ
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
โ
Market cap
Last close times the latest diluted share count, so it is approximate.
โ
P/E
Last close divided by diluted earnings per share over the last four quarters.
โ
On โ$0.51 EPS (TTM)
What Skillful Craftsman Education Technology Ltd does
No business description yet.
- Legal name
- Skillful Craftsman Education Technology Ltd
- Fiscal year ends
- March 31, 2026
- Latest annual report
- 20-F ยท Aug 12, 2026
- Accession ยท CIK
- 0001493152-26-037431
0001782309
Revenue and margins
Skillful Craftsman Education Technology Ltd had $0.0M of revenue in fiscal 2026, down 98.4% on the year before.
FY18
Revenue $14.9M
FY19
Revenue $24.7M
FY20
Revenue $28.6M
FY21
Revenue $29.2M
FY22
Revenue $23.1M
FY23
Revenue $1.1M
FY24
Revenue $2.0M
FY25
Revenue $0.9M
FY26
Revenue $0.0M
FY18
Gross 68.4%
Operating 53.2%
Net 40.3%
FCF 113.7%
FY19
Gross 61.7%
Operating 46.5%
Net 35.2%
FCF 25.7%
FY20
Gross 58.8%
Operating 46.3%
Net 34.9%
FCF 34.3%
FY21
Gross 49.6%
Operating 30.8%
Net 12.0%
FCF 19.4%
FY22
Gross 23.3%
Operating โ2.4%
Net โ6.1%
FCF 18.7%
FY23
Gross 82.3%
Operating โ1,873.3%
Net โ1,948.5%
FCF โ
FY24
Gross โ7.3%
Operating โ74.9%
Net โ236.2%
FCF โ
FY25
Gross 78.2%
Operating โ116.4%
Net โ848.3%
FCF โ
FY26
Gross 50.4%
Operating โ18,742.6%
Net โ60,277.3%
FCF โ
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY18
Net income $6.0M
FY19
Net income $8.7M
FY20
Net income $10.0M
FY21
Net income $3.5M
FY22
Net income โ$1.4M
FY23
Net income โ$20.9M
FY24
Net income โ$4.7M
FY25
Net income โ$7.6M
FY26
Net income โ$8.5M
FY18
Diluted EPS $0.67
FY19
Diluted EPS $0.96
FY20
Diluted EPS $1.11
FY21
Diluted EPS $0.32
FY22
Diluted EPS โ$0.10
FY23
Diluted EPS โ$1.40
FY24
Diluted EPS โ$0.31
FY25
Diluted EPS โ$0.48
FY26
Diluted EPS โ$0.51
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY18
Return on capital โ
Return on equity 54.2%
Return on assets 20.0%
FY19
Return on capital โ
Return on equity 57.6%
Return on assets 23.6%
FY20
Return on capital โ
Return on equity 42.5%
Return on assets 22.4%
FY21
Return on capital 20.8%
Return on equity 9.5%
Return on assets 6.7%
FY22
Return on capital โ1.1%
Return on equity โ2.9%
Return on assets โ2.1%
FY23
Return on capital โ80.9%
Return on equity โ54.2%
Return on assets โ35.8%
FY24
Return on capital โ3.5%
Return on equity โ19.5%
Return on assets โ11.8%
FY25
Return on capital โ
Return on equity โ43.0%
Return on assets โ29.4%
FY26
Return on capital โ
Return on equity โ82.8%
Return on assets โ71.4%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was โ in fiscal 2026, โ of revenue. Cash from operations minus capital spending.
FY18
Free cash flow $17.0M
FY19
Free cash flow $6.3M
FY20
Free cash flow $9.8M
FY21
Free cash flow $5.7M
FY22
Free cash flow $4.3M
FY23
Free cash flow โ
FY24
Free cash flow โ
FY25
Free cash flow โ
FY26
Free cash flow โ
FY18
Cash from operations $17.0M
Capital spending $0.0M
FY19
Cash from operations $20.3M
Capital spending $14.0M
FY20
Cash from operations $11.5M
Capital spending $1.7M
FY21
Cash from operations $10.8M
Capital spending $5.1M
FY22
Cash from operations $4.8M
Capital spending $0.5M
FY23
Cash from operations โ$2.6M
Capital spending โ
FY24
Cash from operations โ$2.7M
Capital spending โ
FY25
Cash from operations โ$4.0M
Capital spending โ
FY26
Cash from operations โ$1.3M
Capital spending โ
Cash from operations
Capital spending
Dividends, buybacks and share count
Skillful Craftsman Education Technology Ltd returned โ to shareholders in fiscal 2026. The diluted share count rose 5.6%.
FY18
Dividends โ
Buybacks โ
FY19
Dividends โ
Buybacks โ
FY20
Dividends โ
Buybacks โ
FY21
Dividends โ
Buybacks โ
FY22
Dividends โ
Buybacks โ
FY23
Dividends โ
Buybacks โ
FY24
Dividends โ
Buybacks โ
FY25
Dividends โ
Buybacks โ
FY26
Dividends โ
Buybacks โ
Dividends
Buybacks
FY18
Diluted shares 0.01B
FY19
Diluted shares 0.01B
FY20
Diluted shares 0.01B
FY21
Diluted shares 0.01B
FY22
Diluted shares 0.01B
FY23
Diluted shares 0.01B
FY24
Diluted shares 0.02B
FY25
Diluted shares 0.02B
FY26
Diluted shares 0.02B
Balance sheet
Cash, debt and the ratios that show how comfortably Skillful Craftsman Education Technology Ltd can carry it.
FY18
Cash $4.9M
Debt โ
FY19
Cash $10.4M
Debt โ
FY20
Cash $11.9M
Debt โ
FY21
Cash $17.5M
Debt $0.0M
FY22
Cash $23.8M
Debt $14.8M
FY23
Cash $21.0M
Debt $13.7M
FY24
Cash $0.7M
Debt $13.3M
FY25
Cash $1.2M
Debt โ
FY26
Cash $0.2M
Debt โ
Cash
Debt
| Fiscal year end | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash and short-term investments | $23.8M | $21.0M | $0.7M | $1.2M | $0.2M |
| Debt incl. finance leases | $14.8M | $13.7M | $13.3M | โ | โ |
| Net debt / EBITDA | โ2.5x | โ | โ | โ | โ |
| Debt / equity | 0.3x | 0.5x | 0.6x | โ | โ |
| Interest coverage | โ2.6x | โ24.5x | โ1.9x | โ86.7x | โ53.4x |
| Current ratio | 3.4x | 8.2x | 12.0x | 0.9x | 0.2x |
| Quick ratio | 3.4x | 8.2x | 12.0x | 0.9x | 0.2x |
| Total assets | $73.1M | $43.6M | $36.3M | $15.3M | $8.5M |
| Total liabilities | $22.8M | $16.7M | $14.8M | $1.5M | $1.8M |
| Shareholders' equity | $50.3M | $27.0M | $21.5M | $13.7M | $6.8M |
| Net debt (โ = net cash) | โ$9.0M | โ$7.3M | $12.5M | โ | โ |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| F-score | โ / 3 | 6 / 8 | 7 / 8 | 4 / 8 | 3 / 9 | 3 / 9 | 4 / 9 | 3 / 8 | 1 / 8 |
| Accruals ratio | โ36.4% | โ31.6% | โ3.4% | โ13.8% | โ9.4% | โ31.4% | โ5.2% | โ13.8% | โ60.5% |
| Altman Z'' | 0.25 | 3.23 | 4.97 | 7.50 | 5.31 | 2.44 | 4.67 | 8.13 | โ3.97 |
9 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | $14.9M | $24.7M | $28.6M | $29.2M | $23.1M | $1.1M | $2.0M | $0.9M | $0.0M |
| Gross profit | $10.2M | $15.2M | $16.8M | $14.5M | $5.4M | $0.9M | โ$0.1M | $0.7M | $0.0M |
| Research and development | โ | โ | โ | โ | โ | โ | $0.0M | $0.0M | $0.4M |
| Operating income | $7.9M | $11.5M | $13.2M | $9.0M | โ$0.6M | โ$20.1M | โ$1.5M | โ$1.0M | โ$2.6M |
| Interest expense | $0.0M | $0.0M | $0.0M | $0.0M | $0.2M | $0.8M | $0.8M | $0.0M | $0.0M |
| Pretax income | $8.0M | $11.6M | $13.3M | $7.0M | โ$0.8M | โ$2.5M | โ$5.2M | โ$2.9M | โ$8.5M |
| Income tax | $2.0M | $2.9M | $3.3M | $3.5M | $0.6M | $0.1M | โ$0.0M | $0.1M | โ |
| Net income | $6.0M | $8.7M | $10.0M | $3.5M | โ$1.4M | โ$20.9M | โ$4.7M | โ$7.6M | โ$8.5M |
| Diluted EPS | $0.67 | $0.96 | $1.11 | $0.32 | โ$0.10 | โ$1.40 | โ$0.31 | โ$0.48 | โ$0.51 |
| Diluted shares | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.02B | 0.02B | 0.02B |
| Cash flow | |||||||||
| Cash from operations | $17.0M | $20.3M | $11.5M | $10.8M | $4.8M | โ$2.6M | โ$2.7M | โ$4.0M | โ$1.3M |
| Capital expenditure | $0.0M | $14.0M | $1.7M | $5.1M | $0.5M | โ | โ | โ | โ |
| Free cash flow | $17.0M | $6.3M | $9.8M | $5.7M | $4.3M | โ | โ | โ | โ |
| Depreciation and amortization | $0.4M | $0.9M | $2.7M | $3.7M | $4.2M | $0.0M | $0.0M | $0.0M | $0.0M |
| Stock-based compensation | โ | โ | โ | โ | โ | โ | โ | $0.4M | $1.1M |
| Acquisitions | โ | โ | $0.0M | $0.0M | โ$0.1M | โ | โ | โ | โ |
| Balance sheet | |||||||||
| Cash and short-term investments | $4.9M | $10.4M | $11.9M | $17.5M | $23.8M | $21.0M | $0.7M | $1.2M | $0.2M |
| Total debt | โ | โ | โ | $0.0M | $14.8M | $13.7M | $13.3M | โ | โ |
| Current assets | $5.1M | $11.7M | $14.0M | $25.0M | $27.5M | $24.5M | $18.9M | $1.4M | $0.3M |
| Current liabilities | $19.0M | $15.8M | $17.8M | $13.3M | $8.0M | $3.0M | $1.6M | $1.5M | $1.8M |
| Property and equipment, net | $1.1M | $14.0M | $12.3M | $13.7M | $10.7M | $0.1M | $0.1M | $0.0M | $0.0M |
| Goodwill | โ | โ | โ | $0.0M | $4.6M | $4.3M | โ | โ | โ |
| Intangible assets | $23.9M | $17.8M | $19.3M | $20.4M | $15.3M | $0.3M | โ | โ | โ |
| Total assets | $30.1M | $43.5M | $45.7M | $59.2M | $73.1M | $43.6M | $36.3M | $15.3M | $8.5M |
| Total liabilities | $19.0M | $24.5M | $17.8M | $13.6M | $22.8M | $16.7M | $14.8M | $1.5M | $1.8M |
| Preferred stock | โ | โ | โ | โ | โ | โ | โ | โ | $0.0M |
| Shareholders' equity | $11.1M | $19.0M | $27.9M | $45.6M | $50.3M | $27.0M | $21.5M | $13.7M | $6.8M |
| Margins | |||||||||
| Gross margin | 68.4% | 61.7% | 58.8% | 49.6% | 23.3% | 82.3% | โ7.3% | 78.2% | 50.4% |
| Operating margin | 53.2% | 46.5% | 46.3% | 30.8% | โ2.4% | โ1,873.3% | โ74.9% | โ116.4% | โ18,742.6% |
| EBITDA margin | 56.0% | 50.3% | 55.7% | 43.5% | 15.7% | โ1,871.6% | โ73.9% | โ114.4% | โ18,611.3% |
| Net margin | 40.3% | 35.2% | 34.9% | 12.0% | โ6.1% | โ1,948.5% | โ236.2% | โ848.3% | โ60,277.3% |
| FCF margin | 113.7% | 25.7% | 34.3% | 19.4% | 18.7% | โ | โ | โ | โ |
| Returns | |||||||||
| Return on capital | โ | โ | โ | 20.8% | โ1.1% | โ80.9% | โ3.5% | โ | โ |
| Return on capital employed | 71.7% | 41.5% | 47.4% | 19.6% | โ0.9% | โ49.5% | โ4.3% | โ7.6% | โ38.9% |
| Return on equity | 54.2% | 57.6% | 42.5% | 9.5% | โ2.9% | โ54.2% | โ19.5% | โ43.0% | โ82.8% |
| Return on assets | 20.0% | 23.6% | 22.4% | 6.7% | โ2.1% | โ35.8% | โ11.8% | โ29.4% | โ71.4% |
| Return on tangible equity | โ | 711.2% | 116.2% | 13.9% | โ4.6% | โ93.4% | โ22.0% | โ55.2% | โ125.1% |
| Growth | |||||||||
| Revenue growth | โ | 65.4% | 15.9% | 2.0% | โ21.0% | โ95.3% | 86.3% | โ55.3% | โ98.4% |
| Net income growth | โ | 44.3% | 15.0% | โ64.9% | โ140.0% | โ | โ | โ | โ |
| EPS growth | โ | 43.3% | 15.6% | โ71.2% | โ131.3% | โ | โ | โ | โ |
| FCF growth | โ | โ62.7% | 55.0% | โ42.3% | โ23.8% | โ | โ | โ | โ |
| Share count change | โ | 0.0% | 0.0% | 22.6% | 24.1% | 8.8% | 3.7% | 2.8% | 5.6% |
| Financial health | |||||||||
| Net debt / EBITDA | โ | โ | โ | โ1.4x | โ2.5x | โ | โ | โ | โ |
| Debt / equity | โ | โ | โ | 0.0x | 0.3x | 0.5x | 0.6x | โ | โ |
| Interest coverage | 79,385.0x | 57,396.0x | โ | โ | โ2.6x | โ24.5x | โ1.9x | โ86.7x | โ53.4x |
| Current ratio | 0.3x | 0.7x | 0.8x | 1.9x | 3.4x | 8.2x | 12.0x | 0.9x | 0.2x |
| Quick ratio | 0.3x | 0.7x | 0.8x | 1.9x | 3.4x | 8.2x | 12.0x | 0.9x | 0.2x |
| Capital allocation | |||||||||
| Capex / revenue | 0.0% | 56.6% | 5.8% | 17.5% | 2.2% | โ | โ | โ | โ |
| Stock comp / revenue | โ | โ | โ | โ | โ | โ | โ | 48.9% | 7,449.6% |
| Quality scores | |||||||||
| Piotroski F-score | โ | 6.0 | 7.0 | 4.0 | 3.0 | 3.0 | 4.0 | 3.0 | 1.0 |
| Altman Z'' | 0.3 | 3.2 | 5.0 | 7.5 | 5.3 | 2.4 | 4.7 | 8.1 | โ4.0 |
| Accruals ratio | โ36.4% | โ31.6% | โ3.4% | โ13.8% | โ9.4% | โ31.4% | โ5.2% | โ13.8% | โ60.5% |
Source: SEC EDGAR XBRL filings (CIK 0001782309). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only โ not investment advice. Check the original filings before relying on any figure.