EpicQuest Education Group International Ltd
epicquesteducation.comWhat Do They Do?
Operates colleges and provides university, English-language and career-training programs, along with study-abroad support for students, including Chinese students.
20-F for FY2025, filed Jan 28, 2026Through Quest Holding International LLC (QHI), a wholly owned subsidiary of EpicQuest, we have agreements with the Regional Campuses of…View ↗
As a key part of our strategic growth plan, we acquired a controlling stake in Ameri-Can Education Group Corp. (Ameri-Can), which, as of…View ↗
Under ASC 606, revenue is recognized when the customer obtains control of a good or service. A customer obtains control of a good or…View ↗
English education programsView ↗
How Do They Make Money?
-
20-F for FY2025, filed Jan 28, 2026
FY2025 revenue by product or service ↗
$8.9M
-
20-F for FY2025, filed Jan 28, 2026
$8.9M ↗
| Segment | Share | Revenue |
|---|---|---|
|
Tuition and academic programs
|
84% |
Tuition and academic programs, FY2025
$7.6M Sources
|
|
Collaborative education services
|
9.2% |
Collaborative education services, FY2025
$818.7K Sources
|
|
Student accommodation and other related services
|
5.1% |
Student accommodation and other related services, FY2025
$455.5K Sources
|
|
Application and advisory services
|
1.3% |
Application and advisory services, FY2025
$115.7K Sources
|
Who Are Their Customers?
Serves students seeking study-abroad and college programs, with most customers still Chinese residents. It recruits students through study-abroad agencies, B2B study-abroad companies, smaller organizations and individual agents.
20-F for FY2025, filed Jan 28, 2026Sales and MarketingView ↗
Study Abroad Agencies. Currently, we have established cooperation with the five largest study abroad agencies in China. Among them, New…View ↗
B2B Study Abroad Companies. We have B2B arrangements with GEA, Puri, and H&B. Since a large portion of our current students come from small…View ↗
During the fiscal year ended September 30, 2025, our study body consisted of both domestic and international students, while most of our…View ↗
Do Revenues Turn Into Profits?
No. It lost $2.4M in FY2025.
20-F for FY2025, filed Jan 28, 2026
−$4.2MView ↗
20-F for FY2025, filed Jan 28, 2026
−$2.4MView ↗
20-F for FY2025, filed Jan 28, 2026
−$3.2MView ↗
How Are They Changing?
Growing. Revenue grew 67% in 4 years, from $5.3M in FY2021 to $8.9M in FY2025, about 14% a year.
Davis adds a degree program
Davis moved beyond career training and transfer pathways to offer its own bachelor's degree in business.
20-F for FY2022, filed Jan 19, 2023 20-F for FY2025, filed Jan 28, 2026As a key part of our strategic growth plan, we acquired a controlling stake in Ameri-Can Education Group Corp. (“Ameri-Can”), which, as of…View ↗
In June of 2023, Davis College was approved by the Higher Learning Commission (HLC) to offer a four-year Bachelor of Science in Business…View ↗
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