EEIQ EpicQuest Education Group International Ltd

Overview and Growth

EpicQuest Education Group International Ltd generated $8.94M of revenue in fiscal 2025, with net loss of $2.43M and an operating cash outflow of $2.95M. The $8.94M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. The top line expanded 9.6% from $8.15M in fiscal 2024, increasing the company’s operating scale. The company reported diluted EPS of -$0.16, adding a shareholder-level measure to the absolute income figures considered below. The company employed $25.78M of total assets, the balance-sheet base supporting its current operating and cash-flow results. Asset turnover was 0.35x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

After reported cost of revenue, the company retained $5.93M as gross profit before recognizing operating expenses and other items. Gross profit represented 66.3% of revenue, showing how much of the top line remained after direct costs. The reported operating result was an operating loss of $4.18M, reflecting costs that exceeded gross profit. An operating margin of -46.8% reflected costs exceeding revenue-level gross profit by 46.8% of sales. The company ended the period with a net loss of $2.43M, extending the operating result through all remaining items. Measured against revenue, the bottom-line deficit represented 27.2% after all recognized items. EBITDA was negative $3.77M, showing a deficit before interest, taxes, depreciation, and amortization. The company reported a pretax loss of $2.52M, before the effect of income taxes. The pretax loss equaled 28.2% of revenue, measuring the pre-tax deficit against sales. The company recognized $3.38K of income tax for the period, completing the transition from pretax income to net income. The net loss equaled 16.8% of period-end equity, showing the deficit relative to book capital. The net loss equaled 9.4% of period-end assets, showing the deficit relative to the asset base. The net loss narrowed to $2.43M from $5.99M in fiscal 2024.

Liquidity and Capital Structure

The company held $25.78M of assets against $11.36M of liabilities and $14.42M of equity, revealing how the asset base was financed. The near-term balance sheet paired $16.30M of current assets with $8.89M of current liabilities at the reporting date. Current assets covered current liabilities by 1.83x, leaving a positive buffer for near-term obligations. Reported cash and equivalents were $4.75M, separating immediately recognizable cash resources from the rest of the current-asset base. The cash balance equaled 53.5% of current liabilities, showing how much near-term coverage came from cash alone. Equity equaled 55.9% of assets, showing the shareholder-capital layer within the company’s balance sheet. Relative to total assets, liabilities measured 44.1%, complementing the separate equity-based view of the company’s capital structure. Measured against total assets, cash and equivalents represented 18.4%, a balance-sheet composition measure rather than a liquidity forecast. The asset base changed 10.7% from $23.29M in fiscal 2024, leaving current total assets higher year over year. Against $10.88M of equity in fiscal 2024, the current book-equity balance moved 32.6% and ended higher. The reported cash balance changed 313.4% from $1.15M in fiscal 2024, ending higher year over year.

Cash Flow and Earnings Quality

Operating activities used $2.95M of cash, resulting in an operating cash outflow for the year. Capital expenditures used $292.84K in addition to the operating cash outflow, increasing the total cash consumed by operations and investment during the period. Operating cash flow and capital spending combined to leave a $3.24M cash deficit after capital spending. The free-cash-flow deficit equaled 36.2% of revenue, showing the post-investment cash shortfall relative to sales. The cash deficit after capital spending represented 12.6% of the period-end asset base.

Based on the annual report for the fiscal year ending Sep 30, 2025. Analysis generated Sep 24, 2026.