Skillful Craftsman Education Technology (EDTK) Goodwill (2021 - 2023)

Skillful Craftsman Education Technology (EDTK) posted quarterly Goodwill of $4.1 million for Q3 2023, down 1.11% year-over-year from $4.2 million in Q3 2022, and down 4.29% quarter-over-quarter from $4.3 million in Q1 2023.

Skillful Craftsman Education Technology (EDTK) Goodwill (2021 - 2023) Analysis & Trends

Skillful Craftsman Education Technology (EDTK) has reported Goodwill for 3 consecutive years, with $4.1 million the latest figure, recorded in Q3 2023.

  • In Q3 2023, Goodwill fell 1.11% year-over-year to $4.1 million; the TTM figure through Sep 2023 stood at $4.1 million (down 1.11% YoY), while the FY2023 annual figure was $4.3 million, down 5.99% from the prior year.
  • Goodwill eased to $4.1 million in Q3 2023 per EDTK's latest filing, from $4.3 million in the prior quarter.
  • Across five years, Goodwill topped out at $4.6 million in Q3 2021 and bottomed at $4.1 million in Q3 2023.
  • Historically, Goodwill has averaged $4.4 million across 3 years, with a median of $4.3 million in 2023.
  • Annual changes were most pronounced in 2022 — Goodwill declined 9.01% — and 2023, when it declined 1.11%.
  • Skillful Craftsman Education Technology's Goodwill stood at $4.6 million in 2021, then declined by 9.01% to $4.2 million in 2022, then decreased by 1.11% to $4.1 million in 2023.
  • Business Quant data shows EDTK's Goodwill at $4.1 million in Q3 2023, $4.3 million in Q1 2023, and $4.2 million in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 New Oriental Education & Technology 84.71 Bn 82.71 Bn 812.22 Mn
2 51Talk Online Education 7.32 Bn 7.28 Bn 22.97 Mn
3 Laureate Education 5.21 Bn 5.05 Bn 237.67 Mn
4 Graham Holdings 4.98 Bn 3.74 Bn 777.03 Mn
5 Covista 4.66 Bn 4.66 Bn 284.63 Mn
6 Grand Canyon Education 3.78 Bn 3.50 Bn 204.08 Mn
7 Stride 3.50 Bn 2.55 Bn 217.28 Mn
8 McGraw Hill 2.38 Bn 2.13 Bn 388.89 Mn
9 TAL Education 2.28 Bn -401.26 Mn 227.32 Mn
10 Skillful Craftsman Education Technology 14.84 Mn 14.60 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2023 4.12 Mn
Mar 31, 2023 4.31 Mn
Sep 30, 2022 4.17 Mn
Mar 31, 2022 4.58 Mn
Sep 30, 2021 4.58 Mn