Skillful Craftsman Education Technology (EDTK) Intangibles (2018 - 2023)
Skillful Craftsman Education Technology (EDTK) posted quarterly Intangibles of $208976.0 for Q3 2023, down 98.02% year-over-year from $10.5 million in Q3 2022, and down 17.93% quarter-over-quarter from $254646.0 in Q1 2023.
Skillful Craftsman Education Technology (EDTK) Intangibles (2018 - 2023) Analysis & Trends
Skillful Craftsman Education Technology (EDTK) has reported Intangibles for 6 consecutive years, with $208976.0 the latest figure, recorded in Q3 2023.
- In Q3 2023, Intangibles fell 98.02% year-over-year to $208976.0; the TTM figure through Sep 2023 stood at $208976.0 (down 98.02% YoY), while the FY2023 annual figure was $254646.0, down 98.34% from the prior year.
- Intangibles eased to $208976.0 in Q3 2023 per EDTK's latest filing, from $254646.0 in the prior quarter.
- Across five years, Intangibles topped out at $48.6 million in Q1 2021 and bottomed at $208976.0 in Q3 2023.
- Historically, Intangibles has averaged $18.2 million across 5 years, with a median of $16.2 million in 2021.
- Annual changes were most pronounced in 2020 — Intangibles jumped 99.47% — and 2023, when it tumbled 98.34%.
- Skillful Craftsman Education Technology's Intangibles stood at $17.8 million in 2019, then surged by 99.47% to $35.5 million in 2020, then plunged by 51.71% to $17.1 million in 2021, then plunged by 38.58% to $10.5 million in 2022, then tumbled by 98.02% to $208976.0 in 2023.
- Business Quant data shows EDTK's Intangibles at $208976.0 in Q3 2023, $254646.0 in Q1 2023, and $10.5 million in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 7.77 Mn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | 65,000.00 |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 168.13 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 170.34 Mn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 754.25 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 147.33 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 10.88 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 1.23 Bn |
| 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 | 208,976.00 |
| Mar 31, 2023 | 254,646.00 |
| Sep 30, 2022 | 10.53 Mn |
| Mar 31, 2022 | 15.33 Mn |
| Sep 30, 2021 | 17.14 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 |