Ankündigung • Mar 30
EpicQuest Education Group International Limited, Annual General Meeting, Apr 27, 2026 EpicQuest Education Group International Limited, Annual General Meeting, Apr 27, 2026. Location: at piney point, small conference room, escalate workspace memorial, 8554 katy freeway, suite 200, houston, tx United States Reported Earnings • Jan 29
Full year 2025 earnings released: US$0.16 loss per share (vs US$0.47 loss in FY 2024) Full year 2025 results: US$0.16 loss per share (improved from US$0.47 loss in FY 2024). Revenue: US$8.94m (up 9.6% from FY 2024). Net loss: US$2.43m (loss narrowed 59% from FY 2024). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings. New Risk • Jan 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 42% per year over the past 5 years. Shareholders have been substantially diluted in the past year (80% increase in shares outstanding). Market cap is less than US$10m (US$5.16m market cap). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). New Risk • Sep 25
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.92m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (43% average weekly change). Earnings have declined by 42% per year over the past 5 years. Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Market cap is less than US$10m (US$9.92m market cap). Ankündigung • Aug 27
EpicQuest Education Group International Limited has completed a Follow-on Equity Offering in the amount of $3.700001 million. EpicQuest Education Group International Limited has completed a Follow-on Equity Offering in the amount of $3.700001 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,068,494
Price\Range: $0.73
Discount Per Security: $0.0511
Transaction Features: Registered Direct Offering Ankündigung • Aug 25
EpicQuest Education Group International Limited has filed a Follow-on Equity Offering in the amount of $3.7 million. EpicQuest Education Group International Limited has filed a Follow-on Equity Offering in the amount of $3.7 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,068,493
Price\Range: $0.73
Security Name: Pre-Funded Warrants
Security Type: Equity Warrant
Securities Offered: 5,068,493
Transaction Features: Registered Direct Offering Reported Earnings • Aug 24
First half 2025 earnings released: US$0.018 loss per share (vs US$0.26 loss in 1H 2024) First half 2025 results: US$0.018 loss per share (improved from US$0.26 loss in 1H 2024). Revenue: US$5.37m (up 29% from 1H 2024). Net loss: US$231.9k (loss narrowed 93% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. New Risk • Aug 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 58% per year over the past 5 years. Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). Market cap is less than US$10m (US$9.69m market cap). Minor Risk Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). New Risk • Jun 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 41% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 58% per year over the past 5 years. Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). Market cap is less than US$10m (US$9.51m market cap). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). New Risk • May 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$9.5m free cash flow). Earnings have declined by 58% per year over the past 5 years. Market cap is less than US$10m (US$9.44m market cap). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). New Risk • Mar 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.93m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$9.5m free cash flow). Earnings have declined by 58% per year over the past 5 years. Market cap is less than US$10m (US$9.93m market cap). Ankündigung • Mar 09
EpicQuest Education Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency EpicQuest Education Group International Limited announced that it received a delinquency notification letter (the "Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on March 5, 2025 indicating that the Company is not currently in compliance with the minimum bid price requirement set in Nasdaq's Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company's common shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive business days. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Letter provides that the Company has a period of 180 calendar days from the date of the Letter, or until September 1, 2025, to regain compliance with the minimum bid price requirement. If at any time before September 1, 2025, the bid price of the Company's common shares closes at or above $1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written confirmation of compliance to the Company. In the event that the Company does not regain compliance by September 1, 2025, the Company may be eligible for additional time to regain compliance. To qualify, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, except for the minimum bid price requirement. In addition, the Company would be required to notify Nasdaq of its intent to cure the deficiency during the second compliance period. The receipt of the Letter has no immediate effect on the listing of the Company's common shares, which will continue to trade uninterrupted on the Nasdaq under the ticker "EEIQ". Reported Earnings • Feb 02
Full year 2024 earnings released: US$0.47 loss per share (vs US$0.58 loss in FY 2023) Full year 2024 results: US$0.47 loss per share (improved from US$0.58 loss in FY 2023). Revenue: US$8.15m (up 43% from FY 2023). Net loss: US$5.99m (loss narrowed 11% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 28% per year. Reported Earnings • Oct 08
First half 2024 earnings released: US$0.26 loss per share (vs US$0.23 loss in 1H 2023) First half 2024 results: US$0.26 loss per share (further deteriorated from US$0.23 loss in 1H 2023). Revenue: US$4.16m (up 22% from 1H 2023). Net loss: US$3.21m (loss widened 19% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 44% per year, which means it has not declined as severely as earnings. Ankündigung • Sep 19
EpicQuest Education Group International Limited, Annual General Meeting, Oct 21, 2024 EpicQuest Education Group International Limited, Annual General Meeting, Oct 21, 2024. Location: startwell, level up room, 786 king st w, ontario m5v 1m5, toronto Canada New Risk • Aug 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 72% per year over the past 5 years. Market cap is less than US$10m (US$9.35m market cap). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Currently unprofitable and not forecast to become profitable next year (US$6.7m net loss next year). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (6.3% increase in shares outstanding). New Risk • Aug 14
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.96m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 72% per year over the past 5 years. Market cap is less than US$10m (US$9.96m market cap). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$6.7m net loss next year). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (6.3% increase in shares outstanding). New Risk • Jun 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.83m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 72% per year over the past 5 years. Market cap is less than US$10m (US$9.83m market cap). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$6.7m net loss next year). Shareholders have been diluted in the past year (8.8% increase in shares outstanding). New Risk • Apr 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 72% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$6.7m net loss next year). Shareholders have been diluted in the past year (8.8% increase in shares outstanding). Market cap is less than US$100m (US$12.3m market cap). New Risk • Feb 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 72% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (8.8% increase in shares outstanding). Market cap is less than US$100m (US$19.9m market cap). Reported Earnings • Feb 01
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: US$0.58 loss per share (further deteriorated from US$0.55 loss in FY 2022). Revenue: US$5.71m (down 9.8% from FY 2022). Net loss: US$6.76m (loss widened 11% from FY 2022). Revenue missed analyst estimates by 17%. Earnings per share (EPS) exceeded analyst estimates by 1.7%. New Risk • Jan 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 81% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (8.8% increase in shares outstanding). Market cap is less than US$100m (US$22.5m market cap). Ankündigung • Jan 10
EpicQuest Education Group International Limited announced that it expects to receive $0.8 million in funding EpicQuest Education Group International Limited announced that it has entered into a securities purchase agreement to issue 400,000 ordinary shares at a price of $4 per share for and warrants for the gross proceeds of $800,000 on January 8, 2024. Subject to certain ownership limitations, the warrants are exercisable upon issuance. Each warrant is exercisable into one ordinary share at a price per share of $2.00. New Risk • Nov 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$10.00m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$5.8m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 81% per year over the past 5 years. Market cap is less than US$10m (US$10.00m market cap). Minor Risk Shareholders have been diluted in the past year (4.6% increase in shares outstanding). New Risk • Oct 30
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.6% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$5.8m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 81% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (US$11.4m market cap). Ankündigung • Oct 28
EpicQuest Education Group International Limited, Annual General Meeting, Nov 24, 2023 EpicQuest Education Group International Limited, Annual General Meeting, Nov 24, 2023, at 11:00 Pacific Standard Time. Location: EduGlobal College, Board Room, 500 - 628 Sixth Avenue New Westminster British Columbia Canada Agenda: To elect Jianbo Zhang, Zhenyu Wu, Craig Wilson, G. Michael Pratt and Xiaojun Cui to serve on the Board of Directors of the Company, each to hold office until the next annual meeting of shareholders or until his or her successor shall have been duly elected and qualified; to ratify the appointment of ZH CPA, LLC as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2023; and to consider and take action upon such other matters as may properly come before the meeting or any adjournment or postponement thereof. Ankündigung • Oct 26
Epicquest Education Group International Limited Appoints Xiaojun Cui to the Board of Directors EpicQuest Education Group International Limited appointed Xiaojun Cui to the Company’s Board of Director. Upon Ms. Cui’s appointment, the Board appointed Ms. Cui to be a member of the Audit Committee, Compensation Committee and Nominating and Governance Committee of the Board and became chair of the Nominating and Governance Committee. In addition, the Board created a lead independent director position and designated Craig Wilson to serve as lead independent director. New Risk • Oct 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.87m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$5.8m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 81% per year over the past 5 years. Market cap is less than US$10m (US$9.87m market cap). Minor Risk Shareholders have been diluted in the past year (6.0% increase in shares outstanding). Reported Earnings • Jul 16
First half 2023 earnings released: US$0.23 loss per share (vs US$0.23 loss in 1H 2022) First half 2023 results: US$0.23 loss per share (further deteriorated from US$0.23 loss in 1H 2022). Revenue: US$3.42m (down 16% from 1H 2022). Net loss: US$2.70m (loss widened 8.6% from 1H 2022). Reported Earnings • Jan 20
Full year 2022 earnings released: US$0.55 loss per share (vs US$0.12 loss in FY 2021) Full year 2022 results: US$0.55 loss per share (further deteriorated from US$0.12 loss in FY 2021). Revenue: US$6.33m (up 19% from FY 2021). Net loss: US$6.07m (loss widened 460% from FY 2021). Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Ankündigung • Oct 29
EpicQuest Education Group International Limited, Annual General Meeting, Nov 28, 2022 EpicQuest Education Group International Limited, Annual General Meeting, Nov 28, 2022, at 11:00 Eastern Standard Time. Location: At StartWell, Green Room, 786 King St. W Toronto Ontario Canada Agenda: To elect Jianbo Zhang, Zhenyu Wu, Craig Wilson, G. Michael Pratt and M. Kelly Cowan to serve on the Board of Directors of the Company, each to hold office until the next annual meeting of shareholders or until his or her successor shall have been duly elected and qualified; and to consider any other matters. Reported Earnings • Jun 16
First half 2022 earnings released: US$0.23 loss per share (vs US$0.037 loss in 1H 2021) First half 2022 results: US$0.23 loss per share (down from US$0.037 loss in 1H 2021). Revenue: US$4.06m (up 31% from 1H 2021). Net loss: US$2.48m (loss widened US$2.19m from 1H 2021). Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Ankündigung • Jan 23
Elite Education Group International Limited (NasdaqCM:EEIQ) acquired a 80% stake in Richmond Institute of Languages Inc. from Canada EduGlobal Holdings Inc. Elite Education Group International Limited (NasdaqCM:EEIQ) acquired a 80% stake in Richmond Institute of Languages Inc. from Canada EduGlobal Holdings Inc. for CAD 1.2 million on January 15, 2022. The purchase price for the Shares was CAD 1 million and Elite assumed up to CAD 0.2 million in certain liabilities of Richmond Institute. Elite agreed to invest a total of CAD 3 million over a two year period to Richmond Institute by way of capital contribution. In the event that Elite breaches its obligations to make the foregoing Capital Contribution, Global has the option to repurchase the Shares for an aggregate price of CAD 100. Pursuant to the Option Agreement, on the three-year anniversary of the agreement, if Richmond Institute has not achieved certain financial and student enrollment metrics, Elite shall have the right to sell the Shares back to Global for an amount equal to CAD 1 million plus the sum of the Capital Contribution made. Richmond Institute entered into a three-year employment contract with the principal of Global to serve as chief executive officer of Richmond Institute. The Board of Richmond Institute will consist of three members, of which Elite shall have the right to appoint two members. Levene Tadman Golub Law Corporation acted as legal advisor to Elite Education Group International Limited. Jesse Ahuja of Michael, Evrensel & Pawar LLP acted as legal advisor to Canada EduGlobal Holdings Inc.
Elite Education Group International Limited (NasdaqCM:EEIQ) completed the acquisition of a 80% stake in Richmond Institute of Languages Inc. from Canada EduGlobal Holdings Inc. on January 15, 2022. Reported Earnings • Jan 01
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: US$0.12 loss per share (down from US$0.13 profit in FY 2020). Revenue: US$5.34m (down 41% from FY 2020). Net loss: US$1.08m (down 207% from profit in FY 2020). Revenue missed analyst estimates by 31%. Earnings per share (EPS) were also behind analyst expectations. Earnings per share (EPS) missed analyst estimates. Reported Earnings • Jul 17
First half 2021 earnings released: US$0.037 loss per share (vs US$0.17 profit in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and control over costs. First half 2021 results: Revenue: US$3.10m (down 49% from 1H 2020). Net loss: US$291.9k (down 122% from profit in 1H 2020). Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improved over the past week After last week's 31% share price gain to US$6.91, the stock trades at a trailing P/E ratio of 54.2x. Average trailing P/E is 20x in the Consumer Services industry in the US. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment deteriorated over the past week After last week's 36% share price decline to US$7.68, the stock trades at a trailing P/E ratio of 60.3x. Average trailing P/E is 28x in the Consumer Services industry in the US.