Provides data-driven marketing and social-media promotion for businesses, plus tutorial programs for students and organizations.
20-F for FY2025, filed Feb 13, 2026In November 2023, we diversified our operations beyond tutoring and secondary language instruction to include e-commerce services. Our…View ↗
As of September 30, 2025, our education centers offer two main programs: (i) foreign language tutorial programs in less commonly taught…View ↗
Our e-commerce customers primarily consist of e-commerce merchants and live-streaming e-commerce agencies in China operating on platforms…View ↗
E-commerce merchants pay commissions on completed sales, marketing fees mostly when content is delivered, and product prices when goods are delivered. Tutorial fees are generally collected in advance for courses provided over the program term.
20-F for FY2025, filed Feb 13, 2026The Company promotes merchants’ products through various online platforms and earns commission based on a fixed commission rate for sales…View ↗
The Company provides marketing services to merchants on certain online and offline platform, for which it receives service fees from the…View ↗
The Company sometimes acquires merchandise from suppliers and sells them to third-party online marketplace. The Company determines the…View ↗
The Company offers tutorial program to students. Each contract of tutorial service programs represents a series of distinct services, which…View ↗
20-F for FY2025, filed Feb 13, 2026
FY2025 revenue by product or service ↗$35.5M
20-F for FY2025, filed Feb 13, 2026
$35.5M ↗| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Tutorial service, logistic, consulting services and education related service
Mix
20-F for FY2025, filed Feb 13, 2026 |
4.5% |
Tutorial service, logistic, consulting services and education related service, FY2025
$1.6M Sources
|
Mix |
|
E-commerce revenue and others
|
95% |
E-commerce revenue and others, FY2025
$33.9M Sources
|
E-commerce merchants and live-streaming agencies contract directly for social-media promotion; tutorial programs serve individual students and companies or other organizations.
20-F for FY2025, filed Feb 13, 2026Our e-commerce customers primarily consist of e-commerce merchants and live-streaming e-commerce agencies in China operating on platforms…View ↗
These customers typically rely on our data-driven social media strategies to enhance their customer engagement, optimize their advertising…View ↗
Contract formation. Based on the client intake report, we determine the scope of services, service period, pricing structure, and the…View ↗
As of September 30, 2025, our education centers offer two main programs: (i) foreign language tutorial programs in less commonly taught…View ↗
20-F for FY2025, filed Feb 13, 2026
For the year ended September 30, 2025, one customer accounted for approximately 17% of total revenues. For the year ended September 30…View ↗
No. It lost $5.1M in FY2025.
20-F for FY2025, filed Feb 13, 2026
−$2.1MView ↗
20-F for FY2025, filed Feb 13, 2026
−$5.1MView ↗
20-F for FY2025, filed Feb 13, 2026
−$9.3MView ↗
Growing. Revenue grew 2.4x in 4 years, from $15M in FY2021 to $35.5M in FY2025, about 24% a year.
Added e-commerce marketing
The older report described tutoring as the core business, with logistics and consulting as a small addition; the latest report also describes social-media marketing services for merchants and small businesses as a principal line.
20-F for FY2022, filed Feb 15, 2023 20-F for FY2025, filed Feb 13, 2026
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