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| Date | Value |
|---|---|
| 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 |