Wah Fu Education & Technology Group Limited
edu-edu.comWhat Do They Do?
Provides online exam-preparation and other educational courses through cloud platforms to students, universities and training institutions, and develops education platforms for institutions.
20-F for FY2026, filed Jul 30, 2026We are a provider of online exam preparation services and related technology solutions as well as a producer of online training course…View ↗
We currently offer online education services and technology research & development services. Our online education services currently…View ↗
We provide online education platforms to institutions, such as universities and training institutions, and online course development…View ↗
How Do They Make Money?
Students and institutions pay for online courses, often in advance; non-exam courses run over a study period, while exam services are billed when completed. Education institutions pay for technology projects after delivery and acceptance; most technical-project invoices are due within 30 days, while platform support is provided over its service period.
20-F for FY2026, filed Jul 30, 2026The online education services provided by the Company to its customers are an integrated service, including audio-video course content…View ↗
Revenues from technological development service, including information technology system design and cloud platform development, are…View ↗
From time to time, the Company enters into arrangement to provide technological support and maintenance service of online platforms to its…View ↗
The Company’s accounts receivable consists primarily of receivables related to providing online education services to enrolled students…View ↗
The Company’s contract liability, which is reflected in its consolidated balance sheets as deferred revenue, represents the Company’s…View ↗
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20-F for FY2026, filed Jul 30, 2026
FY2026 revenue by reportable segment ↗
$6.4M
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20-F for FY2026, filed Jul 30, 2026
$6.4M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Technological Development and Operation Service
Sold outright
20-F for FY2026, filed Jul 30, 2026 |
29% |
Technological Development and Operation Service, FY2026
$1.8M Sources
|
Sold outright |
|
Online Education Service
Mix
20-F for FY2026, filed Jul 30, 2026 |
71% |
Online Education Service, FY2026
$4.5M Sources
|
Mix |
Who Are Their Customers?
Universities and training institutions buy platforms and course services for students; students also buy some training directly through the company’s platform.
20-F for FY2026, filed Jul 30, 2026
Do Revenues Turn Into Profits?
No. It lost $1.1M in FY2026.
20-F for FY2026, filed Jul 30, 2026
−$855.8KView ↗
20-F for FY2026, filed Jul 30, 2026
−$1.1MView ↗
20-F for FY2026, filed Jul 30, 2026
−$1.4MView ↗
How Are They Changing?
Shrinking. Revenue fell 45% in 4 years, from $11.5M in FY2022 to $6.4M in FY2026, about 14% a year.
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