2022 Q3 Form 20-F Financial Statement
#000168316822005640 Filed on August 12, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q1 | 2022 |
---|---|---|---|
Revenue | $1.864M | $5.248M | $5.248M |
YoY Change | -42.43% | -32.06% | -32.06% |
Cost Of Revenue | $831.2K | $2.637M | $2.637M |
YoY Change | -44.05% | -23.77% | -23.77% |
Gross Profit | $1.033M | $2.611M | $2.611M |
YoY Change | -41.06% | -38.78% | -38.78% |
Gross Profit Margin | 55.42% | 49.76% | 49.76% |
Selling, General & Admin | $1.779M | $1.580M | $1.580M |
YoY Change | 102.65% | 194.32% | 194.32% |
% of Gross Profit | 172.2% | 60.52% | 60.52% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $267.7K | $494.7K | |
YoY Change | 869.08% | 820.2% | |
% of Gross Profit | 10.25% | 18.94% | |
Operating Expenses | $1.779M | $1.580M | $1.580M |
YoY Change | 102.65% | 194.32% | 194.32% |
Operating Profit | -$746.0K | $1.031M | $1.031M |
YoY Change | -185.26% | -72.35% | -72.35% |
Interest Expense | -$2.042M | -$906.4K | $906.4K |
YoY Change | 390.98% | 539.71% | 539.7% |
% of Operating Profit | -87.92% | 87.92% | |
Other Income/Expense, Net | $28.16K | $20.71K | $20.71K |
YoY Change | -91.55% | -91.55% | |
Pretax Income | -$2.676M | $256.3K | $256.3K |
YoY Change | -397.34% | -93.46% | -93.46% |
Income Tax | $99.17K | $312.8K | $312.8K |
% Of Pretax Income | 122.04% | 122.04% | |
Net Earnings | -$2.721M | $9.750K | $9.749K |
YoY Change | -559.72% | -99.66% | -99.66% |
Net Earnings / Revenue | -145.94% | 0.19% | 0.19% |
Basic Earnings Per Share | $0.00 | ||
Diluted Earnings Per Share | -$0.07 | $248.40 | $0.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 39.25M shares | 35.00M shares | |
Diluted Shares Outstanding | 35.00M shares |
Balance Sheet
Concept | 2022 Q3 | 2022 Q1 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $273.2K | $797.9K | $797.9K |
YoY Change | -23.71% | -32.99% | |
Cash & Equivalents | $809.7K | ||
Short-Term Investments | $51.07K | $56.02K | $56.02K |
Other Short-Term Assets | $312.6K | $179.7K | $179.7K |
YoY Change | 14.15% | 120.38% | |
Inventory | $0.00 | ||
Prepaid Expenses | |||
Receivables | $23.42K | $1.653K | $1.650K |
Other Receivables | $301.2K | $563.7K | $563.7K |
Total Short-Term Assets | $910.3K | $1.543M | $1.543M |
YoY Change | -59.58% | -73.36% | -73.36% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $90.08M | $23.24M | $24.20M |
YoY Change | 291.43% | 419.95% | 437.13% |
Goodwill | $1.030M | ||
YoY Change | |||
Intangibles | $1.082M | ||
YoY Change | 152.78% | ||
Long-Term Investments | $410.0K | $7.364M | $7.364M |
YoY Change | -83.47% | 194.95% | |
Other Assets | $638.6K | $1.008M | $1.008M |
YoY Change | 5325.83% | ||
Total Long-Term Assets | $93.05M | $34.68M | $34.68M |
YoY Change | 254.94% | 340.39% | 340.39% |
TOTAL ASSETS | |||
Total Short-Term Assets | $910.3K | $1.543M | $1.543M |
Total Long-Term Assets | $93.05M | $34.68M | $34.68M |
Total Assets | $93.96M | $36.23M | $36.23M |
YoY Change | 230.06% | 165.06% | 165.06% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $327.3K | $278.5K | $278.5K |
YoY Change | 478.69% | 454.89% | 454.86% |
Accrued Expenses | $2.794M | $1.465M | $1.677M |
YoY Change | 978.58% | 1119.58% | 1130.32% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $1.140M | $18.87M | $0.00 |
YoY Change | |||
Long-Term Debt Due | $629.5K | $542.3K | $542.3K |
YoY Change | 28.53% | 214.12% | 214.12% |
Total Short-Term Liabilities | $18.51M | $13.28M | $13.28M |
YoY Change | 192.0% | 218.69% | 218.69% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $59.89M | $18.28M | $18.28M |
YoY Change | 229.28% | 194.13% | |
Other Long-Term Liabilities | $1.898M | $746.9K | $746.9K |
YoY Change | 17045.89% | 3769.84% | |
Total Long-Term Liabilities | $61.78M | $19.03M | $19.03M |
YoY Change | 239.51% | 205.2% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $18.51M | $13.28M | $13.28M |
Total Long-Term Liabilities | $61.78M | $19.03M | $19.03M |
Total Liabilities | $80.61M | $32.55M | $32.79M |
YoY Change | 228.64% | 211.94% | 219.57% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $2.588M | ||
YoY Change | 0.38% | ||
Common Stock | $0.00 | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $13.35M | $3.439M | $3.439M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $93.96M | $36.23M | $36.23M |
YoY Change | 230.06% | 165.06% | 165.06% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q1 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.721M | $9.750K | $9.749K |
YoY Change | -559.72% | -99.66% | -99.66% |
Depreciation, Depletion And Amortization | $267.7K | $494.7K | |
YoY Change | 869.08% | 820.2% | |
Cash From Operating Activities | -$390.5K | $4.577M | $6.362M |
YoY Change | -121.88% | 102.08% | 43.29% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $16.60M | -$471.6K | |
YoY Change | -11057.68% | 211.25% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$65.96M | -$24.61M | -$23.81M |
YoY Change | -8339.8% | 1105.66% | 718.53% |
Cash From Investing Activities | -$65.96M | -$8.012M | -$24.28M |
YoY Change | 305.34% | 265.36% | 693.42% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 66.41M | 3.976M | $17.54M |
YoY Change | 389.79% | 420.14% | -4541.8% |
NET CHANGE | |||
Cash From Operating Activities | -390.5K | 4.577M | $6.362M |
Cash From Investing Activities | -65.96M | -8.012M | -$24.28M |
Cash From Financing Activities | 66.41M | 3.976M | $17.54M |
Net Change In Cash | 65.41K | 541.0K | -$380.9K |
YoY Change | -107.04% | -35.32% | -135.25% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$390.5K | $4.577M | $6.362M |
Capital Expenditures | $16.60M | -$471.6K | |
Free Cash Flow | -$12.02M | $6.833M | |
YoY Change | -597.55% | 48.83% |
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CY2021 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
3728786 | usd |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
906398 | usd |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
141690 | usd |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
379165 | usd |
CY2021 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
-0 | usd |
CY2022 | VEDU |
Government Subsidies
GovernmentSubsidies
|
490171 | usd |
CY2021 | VEDU |
Government Subsidies
GovernmentSubsidies
|
84657 | usd |
CY2022 | us-gaap |
Other Income
OtherIncome
|
20709 | usd |
CY2021 | us-gaap |
Other Income
OtherIncome
|
245019 | usd |
CY2022 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-774683 | usd |
CY2021 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
187986 | usd |
CY2022 | VEDU |
Income Before Income Taxes
IncomeBeforeIncomeTaxes
|
256293 | usd |
CY2021 | VEDU |
Income Before Income Taxes
IncomeBeforeIncomeTaxes
|
3916772 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
312767 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1003126 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-56474 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
2913646 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
-66223 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
46789 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9749 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2866857 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
26333 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
164684 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-30141 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
3078330 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-61774 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
23626 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
31633 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
3054704 | usd |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.08 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.08 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
35000000 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
35000000 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
35000000 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
35000000 | shares |
CY2020Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
153583 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
2913646 | usd |
CY2021 | VEDU |
Investment In Subsidiary Toronto Eschool
InvestmentInSubsidiaryTorontoEschool
|
31808 | usd |
CY2021 | VEDU |
Capital Contribution Made By Noncontrolling Shareholders Art Academy
CapitalContributionMadeByNoncontrollingShareholdersArtAcademy
|
-31808 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest
|
164684 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3231913 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-56474 | usd |
CY2022 | VEDU |
Capital Contribution Made By Noncontrolling Shareholders Conbridge
CapitalContributionMadeByNoncontrollingShareholdersConbridge
|
6345 | usd |
CY2022 | VEDU |
Capital Contribution Made By Noncontrolling Shareholders Lowell
CapitalContributionMadeByNoncontrollingShareholdersLowell
|
42731 | usd |
CY2022 | VEDU |
Capital Contribution Made By Noncontrolling Shareholders Princeton
CapitalContributionMadeByNoncontrollingShareholdersPrinceton
|
-1 | usd |
CY2022 | VEDU |
Capital Contribution Made By Noncontrolling Shareholders Mtm Animation
CapitalContributionMadeByNoncontrollingShareholdersMtmAnimation
|
424316 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest
|
26333 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3675163 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-56474 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
2913646 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
494729 | usd |
CY2021 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
53763 | usd |
CY2022 | VEDU |
Gain Recognized On Government Subsidy
GainRecognizedOnGovernmentSubsidy
|
-22883 | usd |
CY2021 | VEDU |
Gain Recognized On Government Subsidy
GainRecognizedOnGovernmentSubsidy
|
45450 | usd |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
379165 | usd |
CY2021 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-202741 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
174982 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
|
-167550 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
|
272700 | usd |
CY2022 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-842346 | usd |
CY2021 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-2686597 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
97322 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
77657 | usd |
CY2022 | us-gaap |
Increase Decrease Due From Other Related Parties
IncreaseDecreaseDueFromOtherRelatedParties
|
-2114745 | usd |
CY2021 | us-gaap |
Increase Decrease Due From Other Related Parties
IncreaseDecreaseDueFromOtherRelatedParties
|
2692545 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
227370 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
37367 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
854071 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
114453 | usd |
CY2022 | VEDU |
Increase Decrease In Other Taxes Payable
IncreaseDecreaseInOtherTaxesPayable
|
406999 | usd |
CY2021 | VEDU |
Increase Decrease In Other Taxes Payable
IncreaseDecreaseInOtherTaxesPayable
|
877215 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
329113 | usd |
CY2021 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
9796 | usd |
CY2022 | us-gaap |
Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
|
473607 | usd |
CY2021 | us-gaap |
Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
|
1010214 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
6361523 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
4439717 | usd |
CY2022 | us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
471550 | usd |
CY2021 | us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
151500 | usd |
CY2022 | us-gaap |
Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
|
17016884 | usd |
CY2021 | us-gaap |
Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
|
2378418 | usd |
CY2022 | VEDU |
Purchase Additional Shares From Nci
PurchaseAdditionalSharesFromNci
|
-0 | usd |
CY2021 | VEDU |
Purchase Additional Shares From Nci
PurchaseAdditionalSharesFromNci
|
31808 | usd |
CY2022 | VEDU |
Proceed From Loan Advance To Related Parties
ProceedFromLoanAdvanceToRelatedParties
|
425770 | usd |
CY2021 | VEDU |
Proceed From Loan Advance To Related Parties
ProceedFromLoanAdvanceToRelatedParties
|
-377785 | usd |
CY2022 | VEDU |
Refund Of Land Deposit
RefundOfLandDeposit
|
52668 | usd |
CY2021 | VEDU |
Refund Of Land Deposit
RefundOfLandDeposit
|
0 | usd |
CY2022 | us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
55860 | usd |
CY2021 | us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
-0 | usd |
CY2022 | VEDU |
Loan Advance To Unrelated Parties
LoanAdvanceToUnrelatedParties
|
-2979 | usd |
CY2021 | VEDU |
Loan Advance To Unrelated Parties
LoanAdvanceToUnrelatedParties
|
-121200 | usd |
CY2022 | us-gaap |
Other Payments To Acquire Businesses
OtherPaymentsToAcquireBusinesses
|
7215396 | usd |
CY2021 | us-gaap |
Other Payments To Acquire Businesses
OtherPaymentsToAcquireBusinesses
|
-0 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-24284231 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-3060711 | usd |
CY2022 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
85909 | usd |
CY2021 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
136350 | usd |
CY2022 | us-gaap |
Proceeds From Mortgage Deposits
ProceedsFromMortgageDeposits
|
12768000 | usd |
CY2021 | us-gaap |
Proceeds From Mortgage Deposits
ProceedsFromMortgageDeposits
|
6060000 | usd |
CY2021Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2022 | VEDU |
Finance Costs On Mortgage
FinanceCostsOnMortgage
|
49928 | usd |
CY2021 | VEDU |
Finance Costs On Mortgage
FinanceCostsOnMortgage
|
30300 | usd |
CY2022 | VEDU |
Deferred Offering Costs Value
DeferredOfferingCostsValue
|
451049 | usd |
CY2021 | VEDU |
Deferred Offering Costs Value
DeferredOfferingCostsValue
|
-0 | usd |
CY2022 | us-gaap |
Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
|
469921 | usd |
CY2021 | us-gaap |
Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
|
2565470 | usd |
CY2022 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
5652248 | usd |
CY2021 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
-3995358 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
17535259 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-394778 | usd |
CY2022 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6522 | usd |
CY2021 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
96528 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-380927 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1080756 | usd |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1190616 | usd |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
109860 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
809689 | usd |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1190616 | usd |
CY2022 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2021 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
906398 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
117708 | usd |
CY2022Q1 | us-gaap |
Cash
Cash
|
741868 | usd |
CY2022Q1 | VEDU |
Working Capital
WorkingCapital
|
-11700000 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-56474 | usd |
CY2022Q1 | us-gaap |
Loans Payable To Bank
LoansPayableToBank
|
18900000 | usd |
CY2022Q1 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
1600000 | usd |
CY2022Q1 | VEDU |
Other Taxes Payable
OtherTaxesPayable
|
1400000 | usd |
CY2022Q1 | us-gaap |
Accounts Receivable Related Parties
AccountsReceivableRelatedParties
|
0 | usd |
CY2021Q1 | us-gaap |
Accounts Receivable Related Parties
AccountsReceivableRelatedParties
|
286272 | usd |
CY2021Q1 | us-gaap |
Inventory Net
InventoryNet
|
839390 | usd |
CY2022Q1 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
0 | usd |
CY2021Q1 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
0 | usd |
CY2021 | VEDU |
Interest Income Accrued
InterestIncomeAccrued
|
2014 | usd |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84C_eus-gaap--UseOfEstimates_zkZBs4QAlEdl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><span id="xdx_861_zZpTUOvNK3Te">Use of Estimates</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">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, valuation of other receivables, useful lives of property, plant and equipment and student list as intangible assets, the recoverability of intangible assets and goodwill, allocation of cost between building and land newly acquired, revenue recognition, fair value of intangible assets at business acquisition, provision necessary for contingent liabilities, and realization of deferred tax assets. Actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b> </b></p> | |
CY2022Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
67821 | usd |
CY2021Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
0 | usd |
CY2022Q1 | us-gaap |
Short Term Investments
ShortTermInvestments
|
56021 | usd |
CY2021Q1 | us-gaap |
Short Term Investments
ShortTermInvestments
|
0 | usd |
CY2022Q1 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
0 | usd |
CY2021Q1 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
0 | usd |
CY2022Q1 | VEDU |
Impairment On Indefinite Lived Intangible Assets
ImpairmentOnIndefiniteLivedIntangibleAssets
|
280098 | usd |
CY2021Q1 | VEDU |
Impairment On Indefinite Lived Intangible Assets
ImpairmentOnIndefiniteLivedIntangibleAssets
|
0 | usd |
CY2022 | us-gaap |
Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
|
99068 | usd |
CY2021 | us-gaap |
Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
|
0 | usd |
CY2022 | VEDU |
Impairment On Indefinite Lived Assets
ImpairmentOnIndefiniteLivedAssets
|
280098 | usd |
CY2021 | us-gaap |
Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
|
0 | usd |
CY2022 | us-gaap |
Foreign Currency Transactions Description
ForeignCurrencyTransactionsDescription
|
C$1=US$ 0.7980 | |
CY2021 | us-gaap |
Foreign Currency Transactions Description
ForeignCurrencyTransactionsDescription
|
C$1=US$ 0.7575 | |
CY2022Q1 | VEDU |
Total Accounts Receivable From Thirdparty Customers Net
TotalAccountsReceivableFromThirdpartyCustomersNet
|
1653 | usd |
CY2021Q1 | VEDU |
Total Accounts Receivable From Thirdparty Customers Net
TotalAccountsReceivableFromThirdpartyCustomersNet
|
183690 | usd |
CY2021Q2 | us-gaap |
Proceeds From Loans
ProceedsFromLoans
|
5500000 | usd |
CY2022 | us-gaap |
Line Of Credit Facility Decrease Forgiveness1
LineOfCreditFacilityDecreaseForgiveness1
|
80030 | usd |
CY2022Q1 | us-gaap |
Loans Payable
LoansPayable
|
160060 | usd |
CY2022Q1 | us-gaap |
Loans Payable
LoansPayable
|
200000 | cad |
CY2022Q1 | us-gaap |
Accounts Receivable Related Parties
AccountsReceivableRelatedParties
|
0 | usd |
CY2021Q1 | us-gaap |
Accounts Receivable Related Parties
AccountsReceivableRelatedParties
|
286272 | usd |
CY2022Q1 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
1653 | usd |
CY2021Q1 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
469962 | usd |
CY2022Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares |
CY2021 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares |
CY2021Q2 | us-gaap |
Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
|
0.033 | pure |
CY2021Q2 | us-gaap |
Debt Instrument Frequency Of Periodic Payment
DebtInstrumentFrequencyOfPeriodicPayment
|
monthly instalments ($35,290 and $27,448 respectively) | |
CY2022 | VEDU |
Foreign Currency Exchange Year End Rate Translation
ForeignCurrencyExchangeYearEndRateTranslation
|
C$1=US$ 0.8003 | |
CY2021 | VEDU |
Foreign Currency Exchange Year End Rate Translation
ForeignCurrencyExchangeYearEndRateTranslation
|
C$1=US$ 0.7952 | |
CY2022 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_844_eus-gaap--ConcentrationRiskCreditRisk_zm6Krc12lXh2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><span id="xdx_868_z8Ckta3GuFG1">Risks and Uncertainties</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s business, financial condition and results of operations may also be negatively impacted by risks related to natural disasters, extreme weather conditions, health epidemics and other catastrophic incidents, which could significantly disrupt the Company’s operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Corona Virus disease 2019 (“COVID-19”) outbreak has, and continues to have, a severe and negative impact on Canada’s economy and the global economy. The Company’s certain business has been negatively impacted by the COVID-19 outbreak.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s operations affected by the ongoing outbreak of COVID-19 which in March 2020, had been declared as a pandemic by the World Health Organization. To reduce the spread of the COVID-19, the government has employed measures including lockdowns, quarantines, travel restrictions, suspension of non-essential business activities and school closures. As a result, the Company experienced difficulties and delays to complete the renovation and construction projects, reductions in education program enrollment, delay collections of rental income from tenants. Although the Canadian federal government delivers financial supports to the Company on salaries, interest free loans, and other subsidies, the continued uncertainties associated with COVID 19 may cause the Company’s revenue and cash flows to underperform. The extent of the future impact of COVID-19 is still unknown and cannot be reasonably estimated at this point of time.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> | |
CY2019Q1 | us-gaap |
Line Of Credit Facility Description
LineOfCreditFacilityDescription
|
floating interest rate of prime rate + 3.5% per annum | |
CY2022Q1 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
1653 | usd |
CY2021Q1 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
183690 | usd |
CY2022Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2021Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2019Q1 | us-gaap |
Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
|
447 | usd |
CY2022 | us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2024-02-01 | |
CY2022 | VEDU |
Interest Income Accrued
InterestIncomeAccrued
|
2988 | usd |
CY2022Q1 | us-gaap |
Inventory Land Held For Development And Sale
InventoryLandHeldForDevelopmentAndSale
|
0 | usd |
CY2021Q1 | us-gaap |
Inventory Land Held For Development And Sale
InventoryLandHeldForDevelopmentAndSale
|
758704 | usd |
CY2022Q1 | VEDU |
Inventory Accumulated Carrying Costs
InventoryAccumulatedCarryingCosts
|
0 | usd |
CY2021Q1 | VEDU |
Inventory Accumulated Carrying Costs
InventoryAccumulatedCarryingCosts
|
80686 | usd |
CY2022Q1 | us-gaap |
Inventory Gross
InventoryGross
|
0 | usd |
CY2021Q1 | us-gaap |
Inventory Gross
InventoryGross
|
839390 | usd |
CY2022Q1 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
0 | usd |
CY2021Q1 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
0 | usd |
CY2022Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
24029728 | usd |
CY2021Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4760182 | usd |
CY2022Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
789258 | usd |
CY2021Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
290415 | usd |
CY2022Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
23240470 | usd |
CY2021Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4469767 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
494729 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
53763 | usd |
CY2022Q1 | us-gaap |
Land
Land
|
4400000 | usd |
CY2022Q1 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
760285 | usd |
CY2022Q1 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
950000 | cad |
CY2022 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
19238192 | usd |
CY2022 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
24038725 | cad |
CY2021 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
0 | cad |
CY2022Q1 | us-gaap |
Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
|
30448 | usd |
CY2021Q1 | us-gaap |
Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
|
1702 | usd |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1082061 | usd |
CY2021Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
428061 | usd |
CY2021Q2 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Indefinite Lived Intangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets
|
41578 | usd |
CY2020Q4 | VEDU |
Consideration Amount
ConsiderationAmount
|
1456546 | usd |
CY2022Q1 | us-gaap |
Intangible Assets Current
IntangibleAssetsCurrent
|
792145 | usd |
CY2022Q1 | us-gaap |
Intangible Assets Current
IntangibleAssetsCurrent
|
989811 | cad |
CY2022Q1 | us-gaap |
Deposit Assets
DepositAssets
|
7364241 | usd |
CY2021Q1 | us-gaap |
Deposit Assets
DepositAssets
|
2496790 | usd |
CY2022Q1 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
|
1030399 | usd |
CY2021Q1 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
|
0 | usd |
CY2022Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
958477 | usd |
CY2021Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
35445 | usd |
CY2022Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
211600 | usd |
CY2021Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
16150 | usd |
CY2022Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
746877 | usd |
CY2021Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
19295 | usd |
CY2022Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
958477 | usd |
CY2021Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
35445 | usd |
CY2022Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y3M7D | |
CY2021Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y3M3D | |
CY2022Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0592 | pure |
CY2021Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0200 | pure |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
262209 | usd |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
250076 | usd |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
245955 | usd |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
245955 | usd |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
81432 | usd |
CY2022Q1 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
1085627 | usd |
CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
127150 | usd |
CY2022Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
958477 | usd |
CY2022Q1 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
18820580 | usd |
CY2021Q1 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
6387057 | usd |
CY2022Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
542264 | usd |
CY2021Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
172629 | usd |
CY2022Q1 | us-gaap |
Long Term Loans From Bank
LongTermLoansFromBank
|
18278316 | usd |
CY2021Q1 | us-gaap |
Long Term Loans From Bank
LongTermLoansFromBank
|
6214428 | usd |
CY2022 | VEDU |
Negotiation Fee
NegotiationFee
|
31808 | usd |
CY2022Q1 | VEDU |
Short Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
ShortTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
|
542264 | usd |
CY2022Q1 | VEDU |
Short Term Debt Maturities Repayments Of Principal In Rolling Year Two
ShortTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
|
706790 | usd |
CY2022Q1 | VEDU |
Short Term Debt Maturities Repayments Of Principal In Rolling Year Three
ShortTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
|
17620656 | usd |
CY2022Q1 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
18869710 | usd |
CY2022Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
182519 | usd |
CY2021Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
36155 | usd |
CY2022Q1 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
44497 | usd |
CY2022 | VEDU |
Income Before Income Taxes
IncomeBeforeIncomeTaxes
|
256293 | usd |
CY2021 | VEDU |
Income Before Income Taxes
IncomeBeforeIncomeTaxes
|
3916772 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.265 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.265 | pure |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
67918 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
1037945 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
|
-0 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
|
54161 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-14084 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
16366 | usd |
CY2022 | us-gaap |
Income Tax Examination Estimate Of Possible Loss
IncomeTaxExaminationEstimateOfPossibleLoss
|
1325 | usd |
CY2021 | us-gaap |
Income Tax Examination Estimate Of Possible Loss
IncomeTaxExaminationEstimateOfPossibleLoss
|
0 | usd |
CY2022 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
158915 | usd |
CY2021 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
-3549 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
98693 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
6525 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
312767 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1003126 | usd |
CY2021Q2 | us-gaap |
Business Combination Price Of Acquisition Expected
BusinessCombinationPriceOfAcquisitionExpected
|
73200000 | usd |
CY2022 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
312767 | usd |
CY2021 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
1003126 | usd |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | usd |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
312767 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1003126 | usd |
CY2022Q1 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
0 | usd |
CY2021Q1 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
0 | usd |
CY2022Q1 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
243762 | usd |
CY2021Q1 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
33627 | usd |
CY2021Q1 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
36388 | usd |
CY2022Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
|
3428 | usd |
CY2022Q1 | VEDU |
Deferred Tax Asset Lease Liability
DeferredTaxAssetLeaseLiability
|
253996 | usd |
CY2021Q1 | VEDU |
Deferred Tax Asset Lease Liability
DeferredTaxAssetLeaseLiability
|
9393 | usd |
CY2022Q1 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
42416 | usd |
CY2022Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
250313 | usd |
CY2021Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
72543 | usd |
CY2022Q1 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
276543 | usd |
CY2021Q1 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
9393 | usd |
CY2022Q1 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
|
214999 | usd |
CY2021Q1 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
|
33627 | usd |
CY2022Q1 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
736 | usd |
CY2022Q1 | us-gaap |
Deferred Tax Liabilities Financing Arrangements
DeferredTaxLiabilitiesFinancingArrangements
|
50574 | usd |
CY2021Q1 | us-gaap |
Deferred Tax Liabilities Financing Arrangements
DeferredTaxLiabilitiesFinancingArrangements
|
-0 | usd |
CY2022Q1 | VEDU |
Deferred Tax Liabilities Right Of Use Assets
DeferredTaxLiabilitiesRightOfUseAssets
|
-253996 | usd |
CY2021Q1 | VEDU |
Deferred Tax Liabilities Right Of Use Assets
DeferredTaxLiabilitiesRightOfUseAssets
|
-9393 | usd |
CY2022Q1 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
520305 | usd |
CY2021Q1 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
43020 | usd |
CY2022Q1 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
243762 | usd |
CY2021Q1 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
33627 | usd |
CY2022Q1 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
1598153 | usd |
CY2021Q1 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
1116024 | usd |
CY2022Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
1600000 | usd |
CY2021Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
1100000 | usd |
CY2022Q1 | us-gaap |
Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
|
172993 | usd |
CY2021Q1 | us-gaap |
Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
|
7441 | usd |
CY2022Q1 | VEDU |
Other Tax Payable
OtherTaxPayable
|
1435045 | usd |
CY2021Q1 | VEDU |
Other Tax Payable
OtherTaxPayable
|
1020329 | usd |
CY2022Q1 | us-gaap |
Accrued Liabilities For Commissions Expense And Taxes
AccruedLiabilitiesForCommissionsExpenseAndTaxes
|
1400000 | usd |
CY2021Q1 | us-gaap |
Accrued Liabilities For Commissions Expense And Taxes
AccruedLiabilitiesForCommissionsExpenseAndTaxes
|
1000000.0 | usd |
CY2022Q1 | VEDU |
Income Tax Examination Penalties And Interest Accrued Other
IncomeTaxExaminationPenaltiesAndInterestAccruedOther
|
89714 | usd |
CY2022Q1 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
7219022 | usd |
CY2021Q1 | VEDU |
Income Tax Examination Penalties And Interest Accrued Other
IncomeTaxExaminationPenaltiesAndInterestAccruedOther
|
4129 | usd |
CY2022Q1 | us-gaap |
Accounts Receivable Related Parties
AccountsReceivableRelatedParties
|
0 | usd |
CY2021Q1 | us-gaap |
Accounts Receivable Related Parties
AccountsReceivableRelatedParties
|
286272 | usd |
CY2022 | us-gaap |
Payments For Rent
PaymentsForRent
|
3856 | usd |
CY2022Q1 | us-gaap |
Due From Related Parties
DueFromRelatedParties
|
432676 | usd |
CY2021Q1 | us-gaap |
Due From Related Parties
DueFromRelatedParties
|
3104042 | usd |
CY2021 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
53763 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1003126 | usd |
CY2022Q1 | VEDU |
Loans And Leases Receivable Related Parties Gross
LoansAndLeasesReceivableRelatedPartiesGross
|
0 | usd |
CY2021Q1 | VEDU |
Loans And Leases Receivable Related Parties Gross
LoansAndLeasesReceivableRelatedPartiesGross
|
424275 | usd |
CY2022Q1 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
-0 | usd |
CY2021Q1 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
105898 | usd |
CY2021 | us-gaap |
Capital Expenditure Discontinued Operations
CapitalExpenditureDiscontinuedOperations
|
2561726 | usd |
CY2021Q1 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
1471191 | usd |
CY2013Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.75 | |
CY2013Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
1.00 | |
CY2013Q3 | VEDU |
Number Of Shares Transferred
NumberOfSharesTransferred
|
100 | shares |
CY2021Q4 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
10,000 for 1 stock split | |
CY2021Q4 | VEDU |
Exchange Of Shares
ExchangeOfShares
|
10000 | shares |
CY2022Q1 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
35-for-1 stock split | |
CY2022Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
35000000 | shares |
CY2021Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
35000000 | shares |
CY2020Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
35000000 | shares |
CY2019Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
35000000 | shares |
CY2021 | VEDU |
Segment Assets
SegmentAssets
|
13667102 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9749 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2866857 | usd |
CY2022 | VEDU |
Weighted Average Number Of Common Shares Outstanding Basic And Diluted
WeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted
|
35000000 | shares |
CY2021 | VEDU |
Weighted Average Number Of Common Shares Outstanding Basic And Diluted
WeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted
|
35000000 | shares |
CY2022 | VEDU |
Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
|
0.00 | |
CY2021 | VEDU |
Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
|
0.08 | |
CY2021 | VEDU |
Segment Profit
SegmentProfit
|
2913646 | usd |
CY2022Q1 | us-gaap |
Contractual Obligation
ContractualObligation
|
20579571 | usd |
CY2022Q1 | VEDU |
Contractual Obligation Due In Less Than One Year
ContractualObligationDueInLessThanOneYear
|
964533 | usd |
CY2022Q1 | us-gaap |
Contractual Obligation Due In Second And Third Year
ContractualObligationDueInSecondAndThirdYear
|
18887501 | usd |
CY2022Q1 | VEDU |
Contractual Obligation Due In Third And Fifth Year
ContractualObligationDueInThirdAndFifthYear
|
727537 | usd |
CY2022Q1 | us-gaap |
Contractual Obligation Due After Fifth Year
ContractualObligationDueAfterFifthYear
|
0 | usd |
CY2022 | VEDU |
Revenue From External Customers
RevenueFromExternalCustomers
|
5248461 | usd |
CY2022 | VEDU |
Revenue From Inter Segment
RevenueFromInterSegment
|
136977 | usd |
CY2022 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
2637025 | usd |
CY2022 | us-gaap |
Gross Profit
GrossProfit
|
2611436 | usd |
CY2022 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
906398 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
494729 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
312767 | usd |
CY2022 | us-gaap |
Capital Expenditure Discontinued Operations
CapitalExpenditureDiscontinuedOperations
|
12055606 | usd |
CY2022 | VEDU |
Segment Assets
SegmentAssets
|
36226584 | usd |
CY2022 | VEDU |
Segment Profit
SegmentProfit
|
-56474 | usd |
CY2021 | VEDU |
Revenue From External Customers
RevenueFromExternalCustomers
|
7725221 | usd |
CY2021 | VEDU |
Revenue From Inter Segment
RevenueFromInterSegment
|
80596 | usd |
CY2021 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
3459447 | usd |
CY2021 | us-gaap |
Gross Profit
GrossProfit
|
4265774 | usd |
CY2021 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
141690 | usd |
CY2021Q2 | us-gaap |
Business Combination Price Of Acquisition Expected
BusinessCombinationPriceOfAcquisitionExpected
|
93300000 | cad |
CY2021Q2 | us-gaap |
Payments For Deposits
PaymentsForDeposits
|
7200000 | usd |
CY2021Q2 | us-gaap |
Payments For Deposits
PaymentsForDeposits
|
9000000.0 | cad |