Skillful Craftsman Education Technology (EDTK) Goodwill & Intangibles (2018 - 2023)

Skillful Craftsman Education Technology (EDTK) posted quarterly Goodwill & Intangibles of $4.3 million for Q3 2023, down 70.54% year-over-year from $14.7 million in Q3 2022, and down 5.05% quarter-over-quarter from $4.6 million in Q1 2023.

Skillful Craftsman Education Technology (EDTK) Goodwill & Intangibles (2018 - 2023) Analysis & Trends

Skillful Craftsman Education Technology (EDTK) has reported Goodwill & Intangibles for 6 consecutive years, with $4.3 million the latest figure, recorded in Q3 2023.

  • In Q3 2023, Goodwill & Intangibles fell 70.54% year-over-year to $4.3 million; the TTM figure through Sep 2023 stood at $4.3 million (down 70.54% YoY), while the FY2023 annual figure was $4.6 million, down 77.09% from the prior year.
  • Goodwill & Intangibles declined to $4.3 million in Q3 2023 per EDTK's latest filing, from $4.6 million in the prior quarter.
  • Across five years, Goodwill & Intangibles topped out at $48.6 million in Q1 2021 and bottomed at $4.3 million in Q3 2023.
  • Historically, Goodwill & Intangibles has averaged $20.9 million across 5 years, with a median of $18.9 million in 2019.
  • Annual changes were most pronounced in 2020 — Goodwill & Intangibles jumped 99.47% — and 2023, when it tumbled 77.09%.
  • Skillful Craftsman Education Technology's Goodwill & Intangibles stood at $17.8 million in 2019, then surged by 99.47% to $35.5 million in 2020, then sank by 38.81% to $21.7 million in 2021, then slumped by 32.34% to $14.7 million in 2022, then sank by 70.54% to $4.3 million in 2023.
  • Business Quant data shows EDTK's Goodwill & Intangibles at $4.3 million in Q3 2023, $4.6 million in Q1 2023, and $14.7 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 4.33 Mn
Mar 31, 2023 4.56 Mn
Sep 30, 2022 14.70 Mn
Mar 31, 2022 19.91 Mn
Sep 30, 2021 21.73 Mn
Mar 31, 2021 48.55 Mn
Mar 31, 2020 35.50 Mn
Mar 31, 2019 17.80 Mn
Mar 31, 2018 23.92 Mn