PCS Edventures! Inc (OTC: PCSV) is a STEM education company that develops and sells hands-on, experiential curriculum and physical education products for transitional kindergarten through 12th grade learners. Revenue comes from transactional product sales, including packaged STEM kits, drone education systems, activity books, and fee-based professional development training sold to schools, school districts, and out-of-school program providers across the United States. The company sells into nearly every U.S. state, with international revenue not material as of FY2025. Customer concentration is present: Customer A represented 8.7% of revenue in FY2025 and 6.6% in FY2024, with a 14-year relationship. PCS Edventures competes against for-profit STEM product developers such as Teacher Created Materials and non-profit organizations such as Project Lead The Way. The company does not pay dividends and has no active equity compensation plans as of June 30, 2025. Michael J. Bledsoe serves as President and Principal Financial Officer. Sean P. Iddings joined the Board of Directors on January 22, 2025, bringing the board to three members.

Revenue model

Transactional product sales of STEM education kits, drone packages, activity books, and related curriculum materials, supplemented by fee-based professional development training for educators. No subscription or recurring revenue model is described in the FY2025 10-K.

Products and services

Products include: (1) STEM education curriculum kits for TK-12; (2) Discover Drones series, Discover Drones Indoor Coding Bundle, Discover Drones Indoor Racing Add-On, Discover Drones Outdoor Practice Add-On, and ala carte drone spare parts; (3) STEAMventures BUILD Activity Books (12 issues) for the TK-3 market, sold with companion brick sets; (4) Professional Development Training for educators implementing company products.

Customers and end markets

Customers include K-12 schools, school districts, collegiate programs, after-school programs, summer camps, YMCA programs, Boys and Girls Club programs, military education programs, home-schooling programs, and corporate outreach programs. Out-of-school programs are a primary focus. Many out-of-school programs are grant-funded. Customer A was 8.7% of FY2025 revenue (14-year relationship); Customer B revenue percentage also disclosed in the filing but exact figure not fully captured in excerpts.

Value-chain role

Product developer and direct seller of physical STEM education kits and curriculum. The company employs STEM teachers internally to develop curriculum aligned to educator needs. It competes for relationships with school districts and distributors, where first-mover integration into a customer's supply chain is a stated competitive factor.

Geographic exposure

Sells predominately in the United States, into nearly every U.S. state. International customers exist but international revenue is not material as of FY2025. No stated focus on international market expansion.

Competitors

Teacher Created Materials, Project Lead The Way, Mida's Global, Robolink, Amazon, FPVelite Electronics, Fischertechnik, Modular Robotics, iCreate to Educate

Source: SEC 10-K, filed 2025-06-30

Industry: Services-Educational Services Peers: 2U, LLC Ambow Education Holding Ltd American Public Education Inc Amesite Inc ASPEN GROUP, INC. Duolingo Inc EpicQuest Education Group International Ltd /entities/acat Legacy Education Alliance, Inc.