EEIQNasdaqServices-Educational ServicesFiscal year ends September 30
EpicQuest Education Group International Ltd
Financials through fiscal 2025, year ended Sep 30, 2025Last filing: 20-F on Jan 28, 2026
$4.62+0.11 (+2.33%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
66.3%−7.9 pts over 5 years
Operating margin
-46.8%−61.1 pts over 5 years
Net margin
-27.2%−38.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +9.6% | +12.2% | -0.3% | – | |
| Gross profit | +11.5% | +11.2% | -2.5% | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | -34.8% | |
| Return on assets | – | – | -9.9% | |
| Current ratio | – | 1.58 | 1.83 | |
| Inventory turnover | – | – | 63.6× | |
| Capex to revenue | – | 3.2% | 3.3% | |
| Diluted shares | – | 0M | 1M |
Where the cash went
Fiscal 2021 to 2025, five years combined
EpicQuest Education Group International generated $22.62M from operations and spent $1.02M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$22.62M
Used
$1.02M
Capital expenditure$1.02M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-27.2%
×Asset turnover0.36×
×Equity multiplier3.51×
=Return on equity, FY2025-34.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -27.2% | 0.36× | 3.51× | -34.8% |
| FY2024 | -73.5% | 0.38× | 2.97× | -83.7% |
| FY2023 | -116.6% | 0.26× | 1.87× | -57.7% |
| FY2022 | -94.2% | 0.26× | 1.66× | -41.3% |
| FY2021 | -20.3% | 0.28× | 1.70× | -9.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$2.43M
- Cash generatingOperating cash flow above zero-$2.95M
- Return on assets improvedROA up on the prior year-31.2% → -10.4%
- Earnings backed by cashOperating cash flow above net income-$2.95M vs -$2.43M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose0.44 → 1.83
- No dilutionShare count did not rise1M → 1M
- Gross margin improvedGross margin up on the prior year65.17% → 66.28%
- More efficientAsset turnover rose0.42 → 0.38