$EDTK
Skillful Craftsman Education Technology Ltd Stock $edtk

$edtk Overview Financials Valuation SEC Filings Company Website

2023 Q1 Form 20-F Financial Statement

#000141057823001952 Filed on August 15, 2023

Income Statement

Concept	2023 Q1	2023	2022 Q1
Revenue	$4.029M	$11.32M	$11.20M
YoY Change	-64.02%	-50.87%	-19.17%
Cost Of Revenue	$19.96M	$27.30M	$9.418M
YoY Change	111.98%	54.48%	19.44%
Gross Profit	-$15.94M	-$15.98M	$1.781M
YoY Change	-994.93%	-397.12%	-70.17%
Gross Profit Margin	-395.51%	-141.09%	15.9%
Selling, General & Admin	$1.859M	$4.124M	$2.892M
YoY Change	-35.71%	-30.17%	-6.16%
% of Gross Profit			162.43%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$4.493M	$4.034M	$5.958M
YoY Change	-24.58%	-66.27%	7.91%
% of Gross Profit			334.59%
Operating Expenses	$1.982M	$4.124M	$2.926M
YoY Change	-32.24%	-30.56%	-5.07%
Operating Profit	-$17.92M	-$20.10M	-$1.145M
YoY Change	1464.91%	3480.56%	-139.66%
Interest Expense	-$566.8K	$819.2K	-$229.3K
YoY Change	147.12%	-431.78%	-900.49%
% of Operating Profit
Other Income/Expense, Net	$147.4K	$145.8K	$184.6K
YoY Change	-20.14%	-38.6%	-48.93%
Pretax Income	-$17.49M	-$20.48M	-$1.300M
YoY Change	1245.55%	2487.45%	-254.65%
Income Tax	$431.0K	$422.9K	$56.95K
% Of Pretax Income
Net Earnings	-$17.92M	-$20.91M	-$1.357M
YoY Change	1220.84%	1393.05%	51.66%
Net Earnings / Revenue	-444.84%	-184.63%	-12.12%
Basic Earnings Per Share		-$1.40
Diluted Earnings Per Share	-$1.20	-$1.40	-$91.02K
COMMON SHARES
Basic Shares Outstanding	15.69M	14.90M
Diluted Shares Outstanding		14.94M

Balance Sheet

Concept	2023 Q1	2023	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$22.90M	$22.90M	$25.57M
YoY Change	-10.43%	-10.43%	46.49%
Cash & Equivalents	$19.79M		$21.21M
Short-Term Investments	$1.902M	$1.902M	$1.733M
Other Short-Term Assets	$1.137M	$1.137M	$1.672M
YoY Change	-32.0%	-32.0%	-6.32%
Inventory
Prepaid Expenses	$1.137M		$1.672M
Receivables	$458.1K	$458.1K	$252.2K
Other Receivables	$34.82K	$34.82K	$33.05K
Total Short-Term Assets	$24.53M	$24.53M	$27.52M
YoY Change	-10.88%	-10.88%	9.94%
LONG-TERM ASSETS
Property, Plant & Equipment	$81.32K	$254.1K	$10.70M
YoY Change	-99.24%	-97.62%	-22.05%
Goodwill	$4.307M		$4.581M
YoY Change	-5.99%
Intangibles	$254.6K		$15.33M
YoY Change	-98.34%
Long-Term Investments	$14.30M	$14.30M	$14.96M
YoY Change	-4.41%	-4.41%
Other Assets			$0.00
YoY Change			-100.0%
Total Long-Term Assets	$19.11M	$19.11M	$45.57M
YoY Change	-58.06%	-58.06%	33.36%
TOTAL ASSETS
Total Short-Term Assets	$24.53M	$24.53M	$27.52M
Total Long-Term Assets	$19.11M	$19.11M	$45.57M
Total Assets	$43.64M	$43.64M	$73.09M
YoY Change	-40.29%	-40.29%	23.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$21.89K	$21.89K	$77.27K
YoY Change	-71.67%	-71.67%	-32.05%
Accrued Expenses	$1.059M	$1.284M	$861.6K
YoY Change	22.88%	48.98%	-18.1%
Deferred Revenue	$1.357M		$6.865M
YoY Change	-80.23%
Short-Term Debt	$54.59K	$54.59K	$46.65K
YoY Change	17.02%	17.02%	-81.85%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$3.004M	$3.004M	$8.017M
YoY Change	-62.53%	-62.53%	-39.85%
LONG-TERM LIABILITIES
Long-Term Debt	$13.68M	$13.68M	$14.81M
YoY Change	-7.62%	-7.62%
Other Long-Term Liabilities	$3.430K	$3.430K	$3.710K
YoY Change	-7.55%	-7.55%	-98.81%
Total Long-Term Liabilities	$13.68M	$13.68M	$14.81M
YoY Change	-7.62%	-7.62%	4634.1%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.004M	$3.004M	$8.017M
Total Long-Term Liabilities	$13.68M	$13.68M	$14.81M
Total Liabilities	$16.69M	$16.69M	$22.83M
YoY Change	-26.9%	-26.9%	67.36%
SHAREHOLDERS EQUITY
Retained Earnings	$8.112M		$29.02M
YoY Change	-72.05%
Common Stock	$2.980K		$2.980K
YoY Change	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$26.95M	$26.95M	$50.26M
YoY Change
Total Liabilities & Shareholders Equity	$43.64M	$43.64M	$73.09M
YoY Change	-40.29%	-40.29%	23.46%

Cashflow Statement

Concept	2023 Q1	2023	2022 Q1
OPERATING ACTIVITIES
Net Income	-$17.92M	-$20.91M	-$1.357M
YoY Change	1220.84%	1393.05%	51.66%
Depreciation, Depletion And Amortization	$4.493M	$4.034M	$5.958M
YoY Change	-24.58%	-66.27%	7.91%
Cash From Operating Activities	-$3.115M	-$2.558M	$3.063M
YoY Change	-201.68%	-152.98%	-26.62%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$0.00	-$1.501M
YoY Change	-100.0%	-100.0%	-77.35%
Acquisitions
YoY Change
Other Investing Activities	$4.350K	-$300.6K	-$16.54M
YoY Change	-100.03%	-97.32%
Cash From Investing Activities	$4.350K	-$300.6K	-$18.04M
YoY Change	-100.02%	-97.79%	172.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$0.00
YoY Change			-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	1.000M	1.000M	14.81M
YoY Change	-93.25%	-93.25%	417063.38%
NET CHANGE
Cash From Operating Activities	-3.115M	-2.558M	3.063M
Cash From Investing Activities	4.350K	-300.6K	-18.04M
Cash From Financing Activities	1.000M	1.000M	14.81M
Net Change In Cash	-2.110M	-2.835M	-170.1K
YoY Change	1140.37%	-146.92%	-93.05%
FREE CASH FLOW
Cash From Operating Activities	-$3.115M	-$2.558M	$3.063M
Capital Expenditures	$0.00	$0.00	-$1.501M
Free Cash Flow	-$3.115M	-$2.558M	$4.564M
YoY Change	-168.25%	-135.57%	-57.74%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2023	dei	Entity Central Index Key EntityCentralIndexKey	0001782309
CY2023	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--03-31
CY2023	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2022Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	14900000
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	14900000
CY2023	dei	Entity Address Country EntityAddressCountry	CN
CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2022Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2022#CashAndCashEquivalentsAtCarryingValue
CY2023	dei	Amendment Flag AmendmentFlag	false
CY2023	dei	Document Type DocumentType	20-F
CY2023	dei	Document Registration Statement DocumentRegistrationStatement	false
CY2023	dei	Document Annual Report DocumentAnnualReport	true
CY2023	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023	dei	Document Transition Report DocumentTransitionReport	false
CY2023	dei	Document Shell Company Report DocumentShellCompanyReport	false
CY2023	dei	Entity File Number EntityFileNumber	001-39360
CY2023	dei	Entity Registrant Name EntityRegistrantName	Skillful Craftsman Education Technology Limited
CY2023	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	E9
CY2023	dei	Entity Address Address Line1 EntityAddressAddressLine1	Floor 4, Building 1, No. 311, Yanxin Road
CY2023	dei	Entity Address Address Line2 EntityAddressAddressLine2	Huishan District
CY2023	dei	Entity Address City Or Town EntityAddressCityOrTown	Wuxi
CY2023	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	214000
CY2023	dei	Security12b Title Security12bTitle	Ordinary shares, par value$0.0002 per share
CY2023	dei	Trading Symbol TradingSymbol	EDTK
CY2023	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2023Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	15691667
CY2023	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2023	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2023	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2023	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2023	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	false
CY2023	dei	Document Accounting Standard DocumentAccountingStandard	U.S. GAAP
CY2023	dei	Entity Shell Company EntityShellCompany	false
CY2023	dei	Auditor Name AuditorName	TPS Thayer, LLC
CY2023	dei	Auditor Firm AuditorFirmId	6706
CY2023	dei	Auditor Location AuditorLocation	Sugar Land, Texas
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	20998786
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	23834125
CY2023Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	458104
CY2022Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	252215
CY2023Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1136769
CY2022Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1671750
CY2023Q1	edtk	Prepaid Investment PrepaidInvestment	1902004
CY2022Q1	edtk	Prepaid Investment PrepaidInvestment	1732775
CY2023Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	34815
CY2022Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	33059
CY2023Q1	us-gaap	Assets Current AssetsCurrent	24530478
CY2022Q1	us-gaap	Assets Current AssetsCurrent	27523924
CY2023Q1	us-gaap	Long Term Investments LongTermInvestments	14296824
CY2022Q1	us-gaap	Long Term Investments LongTermInvestments	14956443
CY2023Q1	us-gaap	Goodwill Goodwill	4306579
CY2022Q1	us-gaap	Goodwill Goodwill	4581112
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	81315
CY2022Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	10699010
CY2023Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	254646
CY2022Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	15332396
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	172796
CY2023Q1	us-gaap	Assets Noncurrent AssetsNoncurrent	19112160
CY2022Q1	us-gaap	Assets Noncurrent AssetsNoncurrent	45568961
CY2023Q1	us-gaap	Assets Assets	43642638
CY2022Q1	us-gaap	Assets Assets	73092885
CY2023Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	21894
CY2022Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	77266
CY2023Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	258383
CY2022Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	127645
CY2023Q1	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	54588
CY2022Q1	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	46649
CY2023Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1058703
CY2022Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	861550
CY2023Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	1357236
CY2022Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	6864731
CY2023Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	224822
CY2023Q1	edtk	Deferred Tax Liabilities As Current DeferredTaxLiabilitiesAsCurrent	28241
CY2022Q1	edtk	Deferred Tax Liabilities As Current DeferredTaxLiabilitiesAsCurrent	38744
CY2023Q1	us-gaap	Liabilities Current LiabilitiesCurrent	3003867
CY2022Q1	us-gaap	Liabilities Current LiabilitiesCurrent	8016585
CY2023Q1	edtk	Long Term Debt Excluding Convertible Debt Noncurrent LongTermDebtExcludingConvertibleDebtNoncurrent	13681099
CY2022Q1	edtk	Long Term Debt Excluding Convertible Debt Noncurrent LongTermDebtExcludingConvertibleDebtNoncurrent	14809302
CY2023Q1	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	3430
CY2022Q1	us-gaap	Contract With Customer Liability Noncurrent ContractWithCustomerLiabilityNoncurrent	3713
CY2023Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	13684529
CY2022Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	14813015
CY2023Q1	us-gaap	Liabilities Liabilities	16688396
CY2022Q1	us-gaap	Liabilities Liabilities	22829600
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0002
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0002
CY2022Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000
CY2022Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	14900000
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	14900000
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	2980
CY2022Q1	us-gaap	Common Stock Value CommonStockValue	2980
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	19055407
CY2022Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	18055407
CY2023Q1	us-gaap	Statutory Accounting Practices Statutory Capital And Surplus Balance StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance	745590
CY2022Q1	us-gaap	Statutory Accounting Practices Statutory Capital And Surplus Balance StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance	745590
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	8111900
CY2022Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	29018885
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-961635
CY2022Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	2440423
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	26954242
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	50263285
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	43642638
CY2022Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	73092885
CY2023	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	11323744
CY2022	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	23050619
CY2021	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	29168546
CY2023	us-gaap	Cost Of Revenue CostOfRevenue	27300890
CY2022	us-gaap	Cost Of Revenue CostOfRevenue	17673199
CY2021	us-gaap	Cost Of Revenue CostOfRevenue	14712411
CY2023	us-gaap	Gross Profit GrossProfit	-15977146
CY2022	us-gaap	Gross Profit GrossProfit	5377420
CY2021	us-gaap	Gross Profit GrossProfit	14456135
CY2023	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	464209
CY2022	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1794510
CY2021	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1807132
CY2023	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3659533
CY2022	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4144301
CY2021	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3654449
CY2023	us-gaap	Operating Expenses OperatingExpenses	4123742
CY2022	us-gaap	Operating Expenses OperatingExpenses	5938811
CY2021	us-gaap	Operating Expenses OperatingExpenses	5461581
CY2023	us-gaap	Operating Income Loss OperatingIncomeLoss	-20100888
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	-561391
CY2021	us-gaap	Operating Income Loss OperatingIncomeLoss	8994554
CY2023	us-gaap	Investment Income Interest InvestmentIncomeInterest	70909
CY2022	us-gaap	Investment Income Interest InvestmentIncomeInterest	66251
CY2021	us-gaap	Investment Income Interest InvestmentIncomeInterest	58946
CY2023	us-gaap	Interest Expense InterestExpense	819219
CY2022	us-gaap	Interest Expense InterestExpense	217041
CY2023	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	724428
CY2022	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	-166334
CY2021	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	-2436809
CY2023	us-gaap	Foreign Currency Transaction Loss Before Tax ForeignCurrencyTransactionLossBeforeTax	198808
CY2022	us-gaap	Foreign Currency Transaction Loss Before Tax ForeignCurrencyTransactionLossBeforeTax	96131
CY2023	edtk	Income Loss From Government Grant IncomeLossFromGovernmentGrant	272
CY2022	edtk	Income Loss From Government Grant IncomeLossFromGovernmentGrant	1157
CY2021	edtk	Income Loss From Government Grant IncomeLossFromGovernmentGrant	369170
CY2023	us-gaap	Asset Impairment Charges AssetImpairmentCharges	306595
CY2023	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	145828
CY2022	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	181817
CY2021	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-8553
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-20484073
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-791672
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	6977308
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	422912
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	608620
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3479303
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-20906985
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-1400292
CY2021	us-gaap	Net Income Loss NetIncomeLoss	3498005
CY2023	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-3402058
CY2022	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	1458405
CY2021	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	2388306
CY2023	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-24309043
CY2022	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	58113
CY2021	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	5886311
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.40
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.10
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.32
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.40
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.10
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.32
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	14900000
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	13691667
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11030137
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	14942150
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	13691667
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11030137
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	45565172
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-1400292
CY2022	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	1458405
CY2022	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	4640000
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	50263285
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-20906985
CY2023	us-gaap	Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature	1000000
CY2023	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-3402058
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	26954242
CY2023	us-gaap	Profit Loss ProfitLoss	-20906985
CY2022	us-gaap	Profit Loss ProfitLoss	-1400292
CY2021	us-gaap	Profit Loss ProfitLoss	3498005
CY2023	us-gaap	Depreciation Depreciation	4033569
CY2022	us-gaap	Depreciation Depreciation	4185532
CY2021	us-gaap	Depreciation Depreciation	3689815
CY2023	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	5833439
CY2022	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7771842
CY2021	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	6651329
CY2023	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	138272
CY2022	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-54512
CY2021	edtk	Debt And Equity Securities Gain Loss Due DebtAndEquitySecuritiesGainLossDue	-2436809
CY2023	edtk	Loss Income On Equity Investment LossIncomeOnEquityInvestment	-724428
CY2022	edtk	Loss Income On Equity Investment LossIncomeOnEquityInvestment	166334
CY2023	us-gaap	Impairment Of Intangible Assets Excluding Goodwill ImpairmentOfIntangibleAssetsExcludingGoodwill	8051199
CY2023	us-gaap	Equity Method Investment Other Than Temporary Impairment EquityMethodInvestmentOtherThanTemporaryImpairment	245598
CY2023	edtk	Impairment Loss Related To Other Receivable ImpairmentLossRelatedToOtherReceivable	60998
CY2023	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	5749384
CY2023	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	205889
CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	168235
CY2021	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	5195
CY2023	edtk	Increase Decrease In Prepaid Expense And Other Current Assets IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets	-471622
CY2022	edtk	Increase Decrease In Prepaid Expense And Other Current Assets IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets	-316019
CY2021	edtk	Increase Decrease In Prepaid Expense And Other Current Assets IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets	1418176
CY2022	edtk	Increase Decrease In Prepaid Expense And Other Noncurrent Assets IncreaseDecreaseInPrepaidExpenseAndOtherNoncurrentAssets	-28406
CY2021	edtk	Increase Decrease In Prepaid Expense And Other Noncurrent Assets IncreaseDecreaseInPrepaidExpenseAndOtherNoncurrentAssets	-68629
CY2023	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-55372
CY2022	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-36441
CY2021	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-135379
CY2023	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	7939
CY2022	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	-210388
CY2021	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	257037
CY2023	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-5507495
CY2022	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-4954504
CY2021	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-5017679
CY2023	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	213846
CY2022	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-542340
CY2021	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	824404
CY2022	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	217041
CY2023	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	130738
CY2022	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	-637297
CY2021	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	-95115
CY2023	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-86624
CY2023	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-8249
CY2022	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	38744
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-2558438
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	4828933
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	10754484
CY2022	us-gaap	Proceeds From Payments For Trading Securities ProceedsFromPaymentsForTradingSecurities	5563030
CY2022	us-gaap	Payments To Acquire Longterm Investments PaymentsToAcquireLongtermInvestments	15117687
CY2022	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	512797
CY2021	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	5091647
CY2022	edtk	Purchase Of Intangible Assets PurchaseOfIntangibleAssets	1850484
CY2021	edtk	Purchase Of Intangible Assets PurchaseOfIntangibleAssets	7773051
CY2021	us-gaap	Payments To Acquire Trading Securities Heldforinvestment PaymentsToAcquireTradingSecuritiesHeldforinvestment	8000000
CY2023	us-gaap	Payments For Advance To Affiliate PaymentsForAdvanceToAffiliate	300631
CY2022	us-gaap	Payments For Advance To Affiliate PaymentsForAdvanceToAffiliate	1732775
CY2022	edtk	Payment For Proceeds From Productive Assets PaymentForProceedsFromProductiveAssets	-4681
CY2022	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	-50427
CY2023	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-300631
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-13595605
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-20864698
CY2023	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	1000000
CY2021	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	13243554
CY2022	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	14809302
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1000000
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	14809302
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	13243554
CY2023	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-976270
CY2022	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	338135
CY2021	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2388306
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-2835339
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	6380765
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	5521646
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	23834125
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	17453360
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11931714
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	20998786
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	23834125
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	17453360
CY2022	us-gaap	Interest Paid Net InterestPaidNet	1231826
CY2021	us-gaap	Interest Paid Net InterestPaidNet	3612851
CY2023	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	819219
CY2022Q1	edtk	Shares Issued Consideration For Acquisition SharesIssuedConsiderationForAcquisition	4640000
CY2021	edtk	Redemption Of Fund In Transit RedemptionOfFundInTransit	5563191
CY2023	edtk	Contract Price Exceeding Limit For Major Contract ContractPriceExceedingLimitForMajorContract	100000
CY2023	edtk	Vie Contribution As Percentage Of Consolidated Revenues VieContributionAsPercentageOfConsolidatedRevenues	0.91
CY2022	edtk	Vie Contribution As Percentage Of Consolidated Revenues VieContributionAsPercentageOfConsolidatedRevenues	1
CY2023	edtk	Vie Contribution As Percentage Of Consolidated Total Assets VieContributionAsPercentageOfConsolidatedTotalAssets	0.82
CY2022	edtk	Vie Contribution As Percentage Of Consolidated Total Assets VieContributionAsPercentageOfConsolidatedTotalAssets	0.86
CY2023	edtk	Vie Contribution As Percentage Of Consolidated Total Liabilities VieContributionAsPercentageOfConsolidatedTotalLiabilities	0.92
CY2022	edtk	Vie Contribution As Percentage Of Consolidated Total Liabilities VieContributionAsPercentageOfConsolidatedTotalLiabilities	0.90
CY2022Q1	us-gaap	Due From Banks DueFromBanks	23833460
CY2023	us-gaap	Use Of Estimates UseOfEstimates	<table style="border-collapse:collapse;border:0;"><tr><td style="vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin-bottom:12pt;margin-top:0pt;text-align:justify;">c)</p></td><td style="padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin-bottom:12pt;margin-top:0pt;text-align:justify;">Use of estimates</p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">In preparing the consolidated financial statements in conformity with US GAAP, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates are based on information as of the date of the consolidated financial statements. Significant estimates required to be made by management include, but are not limited to, the valuation of accounts receivable, prepayments, and other receivables, useful lives of property and equipment and intangible assets, the recoverability of long-lived assets and provision necessary for contingent liabilities. Actual results could differ from those estimates.</p>
CY2022	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0
CY2023	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0
CY2023Q1	us-gaap	Lessee Operating Lease Term Of Contract LesseeOperatingLeaseTermOfContract	P12M
CY2023	us-gaap	Short Term Lease Cost ShortTermLeaseCost	88472
CY2022	us-gaap	Short Term Lease Cost ShortTermLeaseCost	90748
CY2023	edtk	Amortization Of Lease Expenses Current And Non Current AmortizationOfLeaseExpensesCurrentAndNonCurrent	146597
CY2023Q1	us-gaap	Other Cash Equivalents At Carrying Value OtherCashEquivalentsAtCarryingValue	218
CY2022Q1	us-gaap	Other Cash Equivalents At Carrying Value OtherCashEquivalentsAtCarryingValue	236
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	20998786
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	23834125
CY2022	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0
CY2023	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0
CY2023	us-gaap	Employee Benefits And Share Based Compensation Noncash EmployeeBenefitsAndShareBasedCompensationNoncash	104283
CY2022	us-gaap	Employee Benefits And Share Based Compensation Noncash EmployeeBenefitsAndShareBasedCompensationNoncash	92264
CY2023	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	216423
CY2022	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	699307
CY2023Q1	edtk	Deposit Towards Future Purchase DepositTowardsFuturePurchase	1902004
CY2023	us-gaap	Cost Direct Labor CostDirectLabor	1510417
CY2021	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	0
CY2022	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	0
CY2023	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	0
CY2022	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	0
CY2023	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	0
CY2023	edtk	Percentage Of Value Added Tax Rate PercentageOfValueAddedTaxRate	0.06
CY2022	us-gaap	Cost Direct Labor CostDirectLabor	1622891
CY2023Q1	edtk	Prepaid Investment PrepaidInvestment	13070000
CY2021	us-gaap	Cost Direct Labor CostDirectLabor	1407768
CY2023	edtk	Cost Virtual Simulation Fee CostVirtualSimulationFee	555560
CY2022	edtk	Cost Virtual Simulation Fee CostVirtualSimulationFee	1106713
CY2023Q1	edtk	Foreign Exchange Rate ForeignExchangeRate	6.8717
CY2022Q1	edtk	Foreign Exchange Rate ForeignExchangeRate	6.3482
CY2021Q1	edtk	Foreign Exchange Rate ForeignExchangeRate	6.5712
CY2023Q1	edtk	Average Foreign Exchange Rate AverageForeignExchangeRate	6.8855
CY2022Q1	edtk	Average Foreign Exchange Rate AverageForeignExchangeRate	6.4083
CY2021Q1	edtk	Average Foreign Exchange Rate AverageForeignExchangeRate	6.7720
CY2023	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1
CY2021	edtk	Cost Virtual Simulation Fee CostVirtualSimulationFee	1279050
CY2023	us-gaap	Cost Maintenance CostMaintenance	1918
CY2022	us-gaap	Cost Maintenance CostMaintenance	15458
CY2021	us-gaap	Cost Maintenance CostMaintenance	39425
CY2023	edtk	Employee Compensation Cost EmployeeCompensationCost	146602
CY2023	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<table style="border-collapse:collapse;border:0;"><tr><td style="vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin-bottom:12pt;margin-top:0pt;text-align:justify;">ae)</p></td><td style="padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin-bottom:12pt;margin-top:0pt;text-align:justify;">Concentration of risks</p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;padding-left:1.4pt;text-align:justify;text-indent:-1.4pt;margin:0pt 0pt 12pt 0pt;">Exchange Rate Risks</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">The Company’s Chinese subsidiaries may be exposed to significant foreign currency risks from fluctuations and the degree of volatility of foreign exchange rates between the U.S. Dollar and the RMB. As of March 31, 2023 and 2022, the RMB denominated cash and cash equivalents amounted to $19,791,079 and $21,206,372, respectively.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;padding-left:1.4pt;text-align:justify;text-indent:-1.4pt;margin:0pt 0pt 12pt 0pt;">Currency Convertibility Risks</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">Substantially all of the Group’s operating activities are transacted in RMB, which is not freely convertible into foreign currencies. All foreign exchange transactions take place either through the People’s Bank of China or other banks authorized to buy and sell foreign currencies at the exchange rates quoted by the People’s Bank of China. Approval of foreign currency payments by the People’s Bank of China or other regulatory institutions requires submitting a payment application form together with other information such as suppliers’ invoices, shipping documents and signed contracts.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;padding-left:1.4pt;text-align:justify;text-indent:-1.4pt;margin:0pt 0pt 12pt 0pt;">Concentration of Credit Risks</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">Financial instruments that potentially subject the Group to concentration of credit risks consist primarily of cash and cash equivalents and accounts receivable, the balances of which stated on the consolidated balance sheets represented the Group’s maximum exposure. The Group places its cash and cash equivalents in good credit quality financial institutions in China. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;">These service fees are collected by Union Pay, a financial institution of high credit quality, in lump-sum for a specific contracted service period when the service contract is signed, and all the remaining amount would be settled within 2-3 days.</p>
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	19791079
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	21206372
CY2023Q1	us-gaap	Cash Cash	396
CY2022Q1	us-gaap	Cash Cash	429
CY2023Q1	us-gaap	Due From Banks DueFromBanks	20998172
CY2023Q1	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	458104
CY2022Q1	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	252215
CY2023Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	458104
CY2022Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	252215
CY2023Q1	edtk	Prepaid Service Fee Current PrepaidServiceFeeCurrent	1136769
CY2022Q1	edtk	Prepaid Service Fee Current PrepaidServiceFeeCurrent	1309069
CY2022Q1	us-gaap	Prepaid Insurance PrepaidInsurance	44519
CY2022Q1	us-gaap	Prepaid Taxes PrepaidTaxes	318162
CY2023Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	1136769
CY2022Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	1671750
CY2023	edtk	Advance Payments To Affiliate AdvancePaymentsToAffiliate	1902004
CY2022	edtk	Advance Payments To Affiliate AdvancePaymentsToAffiliate	1732775
CY2023Q1	edtk	Prepaid Investment PrepaidInvestment	1902004
CY2022Q1	edtk	Prepaid Investment PrepaidInvestment	1732775
CY2023Q1	edtk	Other Receivables Current OtherReceivablesCurrent	95935
CY2022Q1	edtk	Other Receivables Current OtherReceivablesCurrent	33059
CY2023Q1	edtk	Impairment Of Other Receivables ImpairmentOfOtherReceivables	61120
CY2023Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	34815
CY2022Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	33059
CY2022Q1	us-gaap	Equity Method Investments EquityMethodInvestments	14956443
CY2023	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	724428
CY2023	edtk	Equity Method Investments Other Than Temporary Impairment EquityMethodInvestmentsOtherThanTemporaryImpairment	246092
CY2023	edtk	Foreign Currency Translation Adjustments From Equity Method Investments ForeignCurrencyTranslationAdjustmentsFromEquityMethodInvestments	-1137955
CY2023Q1	us-gaap	Equity Method Investments EquityMethodInvestments	14296824
CY2022Q1	us-gaap	Goodwill Goodwill	4581112
CY2023	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-274533
CY2023Q1	us-gaap	Goodwill Goodwill	4306579
CY2022	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0
CY2023	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0
CY2023Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	20262360
CY2022Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	21933281
CY2023Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	14420101
CY2022Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	11234271
CY2023Q1	edtk	Impairment Of Property And Equipment Net ImpairmentOfPropertyAndEquipmentNet	-5760944
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	81315
CY2022Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	10699010
CY2023	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	5749384
CY2022	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0
CY2023	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	0
CY2022	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	775594
CY2023	us-gaap	Property Plant And Equipment Disposals PropertyPlantAndEquipmentDisposals	0
CY2022	us-gaap	Property Plant And Equipment Disposals PropertyPlantAndEquipmentDisposals	59754
CY2023	us-gaap	Depreciation Depreciation	4033569
CY2022	us-gaap	Depreciation Depreciation	4185532
CY2023Q1	us-gaap	Lessee Operating Lease Discount Rate LesseeOperatingLeaseDiscountRate	0.036500
CY2023Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	48321062
CY2022Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	52302731
CY2023Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	39999028
CY2022Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	36970335
CY2023	edtk	Impairment Of Intangible Assets Amount Excluding Goodwill ImpairmentOfIntangibleAssetsAmountExcludingGoodwill	8067388
CY2023Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	254646
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	15332396
CY2022Q1	edtk	Impaired Or Pledged Intangible Assets ImpairedOrPledgedIntangibleAssets	0
CY2023Q1	edtk	Impaired Or Pledged Intangible Assets ImpairedOrPledgedIntangibleAssets	0
CY2023	edtk	Impairment Of Intangible Asset Due To Vocational Education ImpairmentOfIntangibleAssetDueToVocationalEducation	8051199
CY2022	edtk	Impairment Of Intangible Asset Due To Vocational Education ImpairmentOfIntangibleAssetDueToVocationalEducation	0
CY2023	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	0
CY2022	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	2043862
CY2022	us-gaap	Proceeds From Sale Of Intangible Assets ProceedsFromSaleOfIntangibleAssets	0
CY2023	us-gaap	Proceeds From Sale Of Intangible Assets ProceedsFromSaleOfIntangibleAssets	0
CY2023	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	5833439
CY2022	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	7771842
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	72602
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	72602
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	72602
CY2023Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	36840
CY2023Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	254646
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths	228022
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	228022
CY2023	edtk	Increase Decrease In Right Of Use Assets At Cost IncreaseDecreaseInRightOfUseAssetsAtCost	311345
CY2023Q1	edtk	Operating Lease Right Of Use Asset At Cost OperatingLeaseRightOfUseAssetAtCost	311345
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Files In Submission

Name	View Source	Status
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Skillful Craftsman Education Technology Ltd Stock $edtk

2023 Q1 Form 20-F Financial Statement

#000141057823001952 Filed on August 15, 2023

Income Statement

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$EDTK Skillful Craftsman Education Technology Ltd Stock $edtk

2023 Q1 Form 20-F Financial Statement

#000141057823001952 Filed on August 15, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EDTK
Skillful Craftsman Education Technology Ltd Stock $edtk