Stocks · Consumer discretionary · Services-Educational Services

Skillful Craftsman Education Technology Ltd

EDTK Clue Score28
China Fiscal year ends March CIK 0001782309
$0.94 -1.79% Close, 12 Oct 2026
Price $0.94 −31.75% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 23 Jul 2020. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2018Revenue14.9Operating income7.9Net income6.0Fiscal year 2019Revenue24.7 +65.4%Operating income11.5Net income8.7 +44.3%Fiscal year 2020Revenue28.6 +15.9%Operating income13.2Net income10.0 +15.0%EPS, diluted1.11Fiscal year 2021Revenue29.2 +2.0%Operating income9.0Net income3.5 −64.9%EPS, diluted0.32 −71.2%Fiscal year 2022Revenue23.1 −21.0%Operating income−0.6Net income−1.4 −140.0%EPS, diluted−0.10 −131.3%Fiscal year 2023Revenue1.1 −95.3%Operating income−20.1Net income−20.9EPS, diluted−1.40Fiscal year 2024Revenue2.0 +86.3%Operating income−1.5Net income−4.7EPS, diluted−0.31Fiscal year 2025Revenue0.9 −55.3%Operating income−1.0Net income−7.6EPS, diluted−0.48Fiscal year 2026Revenue0.0 −98.4%Operating income−2.6Net income−8.5EPS, diluted−0.51
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 14.9 24.7 28.6 29.2 23.1 1.1 2.0 0.9 0.0
Growth +65.4% +15.9% +2.0% −21.0% −95.3% +86.3% −55.3% −98.4%
Operating income 7.9 11.5 13.2 9.0 −0.6 −20.1 −1.5 −1.0 −2.6
Net income 6.0 8.7 10.0 3.5 −1.4 −20.9 −4.7 −7.6 −8.5
Growth +44.3% +15.0% −64.9% −140.0%
EPS, diluted n/a n/a 1.11 0.32 −0.10 −1.40 −0.31 −0.48 −0.51
Growth −71.2% −131.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2018Gross margin68.4%Operating margin53.2%Net margin40.3%Free cash flow margin113.7%Fiscal year 2019Gross margin61.7%Operating margin46.5%Net margin35.2%Free cash flow margin25.7%Fiscal year 2020Gross margin58.8%Operating margin46.3%Net margin34.9%Free cash flow margin34.3%Fiscal year 2021Gross margin49.6%Operating margin30.8%Net margin12.0%Free cash flow margin19.4%Fiscal year 2022Gross margin23.3%Operating margin−2.4%Net margin−6.1%Free cash flow margin18.7%Fiscal year 2023Gross margin82.3%Operating margin−1,873.3%Net margin−1,948.4%Fiscal year 2024Gross margin−7.3%Operating margin−74.9%Net margin−236.2%Fiscal year 2025Gross margin78.2%Operating margin−116.4%Net margin−848.3%Fiscal year 2026Gross margin50.5%Operating margin−18,699.0%Net margin−60,136.2%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 68.4% 61.7% 58.8% 49.6% 23.3% 82.3% −7.3% 78.2% 50.5%
Operating margin 53.2% 46.5% 46.3% 30.8% −2.4% −1,873.3% −74.9% −116.4% −18,699.0%
Net margin 40.3% 35.2% 34.9% 12.0% −6.1% −1,948.4% −236.2% −848.3% −60,136.2%
Free cash flow margin 113.7% 25.7% 34.3% 19.4% 18.7% n/a n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2018Operating cash flow17.0Capital expenditure0.0Free cash flow17.0Fiscal year 2019Operating cash flow20.3Capital expenditure−14.0Free cash flow6.3 −62.7%Fiscal year 2020Operating cash flow11.5Capital expenditure−1.7Free cash flow9.8 +55.0%Fiscal year 2021Operating cash flow10.8Capital expenditure−5.1Free cash flow5.7 −42.3%Fiscal year 2022Operating cash flow4.8Capital expenditure−0.5Free cash flow4.3 −23.8%Fiscal year 2023Operating cash flow−2.6Fiscal year 2024Operating cash flow−2.7Fiscal year 2025Operating cash flow−4.0Fiscal year 2026Operating cash flow−1.3
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 17.0 20.3 11.5 10.8 4.8 −2.6 −2.7 −4.0 −1.3
Capital expenditure 0.0 −14.0 −1.7 −5.1 −0.5 n/a n/a n/a n/a
Free cash flow 17.0 6.3 9.8 5.7 4.3 n/a n/a n/a n/a
Growth −62.7% +55.0% −42.3% −23.8%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2018Cash4.9Shareholders’ equity11.1Fiscal year 2019Cash10.4Shareholders’ equity19.0Fiscal year 2020Cash11.9Shareholders’ equity27.9Fiscal year 2021Cash17.5Total debt0.0Net cash (debt)17.5Shareholders’ equity45.6Debt to equity0.00Fiscal year 2022Cash23.8Total debt14.8Net cash (debt)9.0Shareholders’ equity50.3Debt to equity0.29Fiscal year 2023Cash21.0Total debt13.7Net cash (debt)7.3Shareholders’ equity27.0Debt to equity0.51Fiscal year 2024Cash0.7Total debt13.3Net cash (debt)−12.5Shareholders’ equity21.5Debt to equity0.62Fiscal year 2025Cash1.2Shareholders’ equity13.7Fiscal year 2026Cash0.2Shareholders’ equity6.8
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 4.9 10.4 11.9 17.5 23.8 21.0 0.7 1.2 0.2
Total debt n/a n/a n/a 0.0 14.8 13.7 13.3 n/a n/a
Net cash (debt) n/a n/a n/a 17.5 9.0 7.3 −12.5 n/a n/a
Shareholders’ equity 11.1 19.0 27.9 45.6 50.3 27.0 21.5 13.7 6.8
Debt to equity n/a n/a n/a 0.00 0.29 0.51 0.62 n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending March, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2018 31 Mar 2018 FY2019 31 Mar 2019 FY2020 31 Mar 2020 FY2021 31 Mar 2021 FY2022 31 Mar 2022 FY2023 31 Mar 2023 FY2024 31 Mar 2024 FY2025 31 Mar 2025 FY2026 31 Mar 2026
Operations
17.0 20.3 11.5 10.8 4.8 −2.6 −2.7 −4.0 −1.3
Growth +19.7% −43.4% −6.3% −55.1% −153.0%
Investment
0.0 −14.0 −1.7 −5.1 −0.5 n/a n/a n/a n/a
calc 17.0 6.3 9.8 5.7 4.3 n/a n/a n/a n/a
Growth −62.7% +55.0% −42.3% −23.8%
calc n/a n/a 1.09 0.51 0.32 n/a n/a n/a n/a
−15.1 −15.7 −10.4 −20.9 −13.6 −0.3 0.0 n/a n/a
Financing
0.0 0.0 0.0 13.2 14.8 1.0 n/a 0.6 0.4

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.