Elite Education Group International Limited
Elite Education Group International Limited (EEIQ) Financial Performance & Income Statement Overview
Explore the financials of Elite Education Group International Limited (EEIQ), including yearly and quarterly data on income, cash flow, and balance sheets.
Elite Education Group International Limited (EEIQ) Income Statement & Financial Overview
Review Elite Education Group International Limited EEIQ income statement with detailed quarterly and annual figures.
| Metric | Q4 2024 | Q2 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| Revenue | $3.99M | $4.16M | $1.15M | $1.15M |
| Cost of Revenue | $1.11M | $1.99M | $367902.00 | $367902.00 |
| Gross Profit | $2.88M | $2.18M | $778003.00 | $778003.00 |
| Gross Profit Ratio | $0.72 | $0.52 | $0.68 | $0.68 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $6.16M | $6.32M | $2.74M | $2.74M |
| Operating Expenses | $6.16M | $6.32M | $2.65M | $2.65M |
| Total Costs & Expenses | $7.27M | $8.31M | $3.02M | $3.02M |
| Interest Income | $0.00 | $19948.00 | $32256.00 | $16128.00 |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $198444.00 | $227319.00 | $121575.00 | $121575.00 |
| EBITDA | -$3.08M | -$3.40M | -$3.47M | -$1.84M |
| EBITDA Ratio | -$0.77 | -$0.82 | -$1.61 | -$1.61 |
| Operating Income | -$3.28M | -$4.14M | -$1.97M | -$1.97M |
| Operating Income Ratio | -$0.82 | -$1.00 | -$1.72 | -$1.72 |
| Other Income/Expenses (Net) | $4505.00 | $513501.00 | -$1.75M | $108369.00 |
| Income Before Tax | -$3.28M | -$3.63M | -$1.86M | -$1.86M |
| Income Before Tax Ratio | -$0.82 | -$0.87 | -$1.62 | -$1.62 |
| Income Tax Expense | -$222684.00 | -$113142.00 | $226943.00 | $226943.00 |
| Net Income | -$2.78M | -$3.21M | -$2.03M | -$2.03M |
| Net Income Ratio | -$0.70 | -$0.77 | -$1.77 | -$1.77 |
| EPS | -$0.22 | -$0.26 | -$0.17 | -$0.17 |
| Diluted EPS | -$0.22 | -$0.26 | -$0.17 | -$0.17 |
| Weighted Avg Shares Outstanding | $12.91M | $12.37M | $11.84M | $11.84M |
| Weighted Avg Shares Outstanding (Diluted) | $12.91M | $12.37M | $11.84M | $11.84M |
Over the last four quarters, Elite Education Group International Limited achieved steady financial progress, growing revenue from $1.15M in Q3 2023 to $3.99M in Q4 2024. Gross profit stayed firm with margins at 72% in Q4 2024 versus 68% in Q3 2023. Operating income totaled -$3.28M in Q4 2024, maintaining a -82% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$3.08M. Net income rose to -$2.78M, with EPS at -$0.22. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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