Skillful Craftsman Education Technology Ltd
edtk.aiWhat Do They Do?
Provides AI communication tools and technology services, and develops software and AI services for businesses, educational institutions, and individual users.
20-F for FY2026, filed Aug 12, 2026EDTK’s AI product focuses on communication skills enhancement through proprietary EQ-driven large language models (EQ-LLMs). The Company’s…View ↗
Due to the decreased demand and changes in the market environment for online education services in China, the Company has been…View ↗
On August 3, 2026, the Company established Skilland Digital which will focus on four new business directions: software development…View ↗
How Do They Make Money?
Customers pay fixed monthly fees for AI API integration and communication services under contracts generally lasting 12 months; the company provides these services throughout the contract term.
20-F for FY2026, filed Aug 12, 2026During the fiscal year ended March 31, 2026, the Company provided AI API integration and communication technical services via its…View ↗
$14.1K
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20-F for FY2026, filed Aug 12, 2026
$14.1K ↗
Who Are Their Customers?
Individuals use its communication products, while companies access them through corporate learning platforms; institutional clients are reached through referrals and education-sector conferences.
20-F for FY2026, filed Aug 12, 2026
Do Revenues Turn Into Profits?
No. It lost $8.5M in FY2026.
20-F for FY2026, filed Aug 12, 2026
How Are They Changing?
Shrinking. Revenue fell 100% in 4 years, from $23.1M in FY2022 to $14.1K in FY2026, about 84% a year.
From online education to AI
The earlier report centered the business on online vocational training and simulation, alongside technology services, financial education, and flexible staffing. The latest report describes a move toward AI communication products, educational technology, and digital transformation, and says the former VIE operations were discontinued.
20-F for FY2023, filed Aug 15, 2023 20-F for FY2026, filed Aug 12, 2026The VIE, Wuxi Wangdao, is a provider of online education and technology services in China. While the education services cover a wide range…View ↗
The WFOE’s wholly owned subsidiary, Jisen Information, is a provider of integrated financial education services. Jisen Information…View ↗
The WFOE’s minority owned subsidiary, Wuxi Talent Home, is a service provider in the field of flexible employment. It has developed a…View ↗
Due to the decreased demand and changes in the market environment for online education services in China, the Company has made changes to…View ↗
On March 17, 2025, the WOFE entered into a Termination Agreement for VIE Agreements (“Termination Agreement”) with the VIE, Xiaofeng Gao…View ↗
Due to the decreased demand and changes in the market environment for online education services in China, the Company has been…View ↗
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