Skillful Craftsman (EDTK) Q2 2026 Earnings Report

Skillful Craftsman Education Technology Limited (EDTK) reported a Q2 2026 quarter characterized by liquidity tightness and negative profitability despite a measured revenue base. Revenue for the quarter stood at $60,638, yielding a gross loss of $60,638 and an EBITDA of -$922,126. Operating loss reached -$1,242,868, with total other income/expenses contributing a net positive $242,153, yet insufficient to offset the operating shortfall. Net income declined to -$1,000,714, translating to a basic EPS of -$0.0628. Cash flow from operations was a negative -$1,011,462, contributing to a free cash flow of -$1,011,460 and a end-quarter cash balance of $567,533. On the balance sheet, total assets were $14.95 million, with long-term investments of $14.19 million and total stockholders’ equity of $12.85 million. Short-term debt of $1.05 million and net debt of $0.484 million highlight near-term liquidity pressures, while retained earnings remained negative at -$5.23 million. The quarter underscores a transition phase where management and the board must prove scalable revenue generation and meaningful gross margin improvement to transform negative cash flow into a sustainable path to profitability. Given the lack of a disclosed earnings call transcript in the provided data, the analysis relies on the disclosed financials and peer benchmarks to infer strategic priorities and potential catalysts.