Financial Snapshot

Revenue
$12.15M
TTM
Gross Margin
68.19%
TTM
Net Earnings
-$14.38M
TTM
Current Assets
$10.78M
Q1 2024
Current Liabilities
$6.313M
Q1 2024
Current Ratio
170.73%
Q1 2024
Total Assets
$20.49M
Q1 2024
Total Liabilities
$13.41M
Q1 2024
Book Value
$7.086M
Q1 2024
Cash
$587.0K
Q1 2024
P/E
-0.9494
Nov 29, 2024 EST
Free Cash Flow
-$16.82M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $5.712M $6.330M $5.342M $9.063M $8.700M $6.290M $5.820M
YoY Change -9.76% 18.51% -41.06% 4.17% 38.31% 8.08%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $5.712M $6.330M $5.342M $9.063M $8.700M $6.290M $5.820M
Cost Of Revenue $1.502M $2.021M $1.934M $2.342M $2.230M $1.750M $1.760M
Gross Profit $4.210M $4.309M $3.408M $6.721M $6.470M $4.530M $4.060M
Gross Profit Margin 73.7% 68.07% 63.79% 74.16% 74.37% 72.02% 69.76%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $8.761M $11.47M $4.755M $5.338M $3.740M $2.790M $2.480M
YoY Change -23.65% 141.32% -10.92% 42.72% 34.05% 12.5%
% of Gross Profit 208.09% 266.27% 139.53% 79.42% 57.81% 61.59% 61.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $407.0K $252.1K $126.2K $87.59K $90.00K $80.00K $80.00K
YoY Change 61.45% 99.71% 44.11% -2.68% 12.5% 0.0%
% of Gross Profit 9.67% 5.85% 3.7% 1.3% 1.39% 1.77% 1.97%
Operating Expenses $8.761M $11.47M $4.881M $5.425M $3.830M $2.870M $2.560M
YoY Change -23.65% 135.08% -10.03% 41.65% 33.45% 12.11%
Operating Profit -$7.123M -$7.165M -$1.473M $1.296M $2.640M $1.660M $1.500M
YoY Change -0.59% 386.29% -213.73% -50.93% 59.04% 10.67%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense $53.09K $26.46K $10.28K $58.56K $80.00K $50.00K $10.00K
YoY Change 100.64% 157.39% -82.45% -26.8% 60.0% 400.0%
% of Operating Profit 4.52% 3.03% 3.01% 0.67%
Other Income/Expense, Net $186.1K $819.1K $71.64K $55.00K
YoY Change -77.28% 1043.41% 30.25%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$6.884M -$6.319M -$1.391M $1.409M $2.720M $1.720M $1.500M
YoY Change 8.93% 354.15% -198.75% -48.19% 58.14% 14.67%
Income Tax $289.5K -$83.36K -$307.2K $397.6K $670.0K $650.0K $510.0K
% Of Pretax Income 28.21% 24.63% 37.79% 34.0%
Net Earnings -$6.763M -$6.071M -$1.084M $1.012M $2.050M $1.070M $990.0K
YoY Change 11.39% 459.92% -207.19% -50.66% 91.59% 8.08%
Net Earnings / Revenue -118.38% -95.91% -20.3% 11.16% 23.56% 17.01% 17.01%
Basic Earnings Per Share -$0.58 -$0.55 -$0.12 $0.13
Diluted Earnings Per Share -$0.58 -$0.55 -$118.4K $114.9K $233.0K $121.6K $112.5K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $4.967M $11.44M $16.54M $7.408M $8.270M $4.020M $1.910M
YoY Change -56.6% -30.8% 123.23% -10.42% 105.72% 110.47%
Cash & Equivalents $4.967M $11.44M $16.54M $7.408M $8.270M $4.020M $1.910M
Short-Term Investments
Other Short-Term Assets $2.665M $946.3K $1.561M $2.417M $2.410M $1.560M $1.370M
YoY Change 181.61% -39.37% -35.41% 0.27% 54.49% 13.87%
Inventory $41.19K
Prepaid Expenses
Receivables $143.7K $47.64K $154.5K $149.4K $240.0K $60.00K $10.00K
Other Receivables $894.7K $1.632M $1.330M $668.6K $0.00 $420.0K $410.0K
Total Short-Term Assets $8.711M $14.07M $19.58M $10.64M $10.93M $6.050M $3.700M
YoY Change -38.08% -28.15% 84.0% -2.63% 80.66% 63.51%
Property, Plant & Equipment $3.159M $3.181M $4.107M $3.121M $2.920M $2.810M $2.680M
YoY Change -0.71% -22.53% 31.6% 6.87% 3.91% 4.85%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $5.086M
YoY Change
Other Assets $0.00 $411.9K $321.1K $159.4K $740.0K $1.220M $960.0K
YoY Change -100.0% 28.3% 101.44% -78.46% -39.34% 27.08%
Total Long-Term Assets $10.50M $9.934M $4.428M $3.560M $3.940M $4.740M $4.070M
YoY Change 5.68% 124.36% 24.37% -9.65% -16.88% 16.46%
Total Assets $19.21M $24.00M $24.01M $14.20M $14.87M $10.79M $7.770M
YoY Change
Accounts Payable $210.1K $91.08K $148.8K $51.77K $110.0K $0.00 $30.00K
YoY Change 130.68% -38.77% 187.35% -52.94% -100.0%
Accrued Expenses $829.0K $621.1K $492.8K $378.7K $380.0K $150.0K
YoY Change 33.47% 26.03% 30.13% -0.33% 153.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $6.880M $6.054M $8.612M $6.720M $8.400M $6.370M $4.320M
YoY Change 13.64% -29.7% 28.15% -20.0% 31.87% 47.45%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $571.1K $561.9K $462.0K
YoY Change 1.64% 21.62%
Total Long-Term Liabilities $571.1K $561.9K $462.0K $0.00 $0.00 $0.00 $0.00
YoY Change 1.64% 21.62%
Total Liabilities $10.07M $8.904M $9.074M $6.720M $8.400M $6.370M $4.320M
YoY Change 13.05% -1.87% 35.03% -20.0% 31.87% 47.45%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 11.66M shares 11.01M shares 9.160M shares 7.938M shares
Diluted Shares Outstanding 11.66M shares 11.01M shares 9.160M shares 7.938M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $13.653 Million

About EpicQuest Education Group International Ltd

EpicQuest Education Group International Ltd. engages in the provision of education solutions for domestic and international university students. The company is headquartered in Middletown, Ohio and currently employs 38 full-time employees. The company went IPO on 2021-03-25. The firm provides comprehensive education solutions for domestic and international students seeking university and University degrees in the United States, Canada, and the United Kingdom. The company owns and operates EduGlobal University, based in British Columbia, Canada, which focuses on English proficiency educational programming for students pursuing academic degrees. The company operates and is a 70% owner of Davis University, a career training University located in Toledo, Ohio. In addition, it has a recruiting relationship with the Miami University Regional campuses, where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses and an office for the regional campuses that provides study abroad and post-study services for its students. The company is also a recruiting agent for the University of the West of Scotland (through The Education Group (London) Ltd) and Coventry University.

Industry: Services-Educational Services Peers: AMERICAN PUBLIC EDUCATION INC Amesite Inc. ASPEN GROUP, INC. Zovio Inc Duolingo, Inc. Legacy Education Alliance, Inc. LINCOLN EDUCATIONAL SERVICES CORP UNIVERSAL TECHNICAL INSTITUTE INC