WAFU
Wah Fu Education Group Ltd
NASDAQ: WAFU · CONSUMER DEFENSIVE · EDUCATION & TRAINING SERVICES
$1.62
-0.27% today
Updated 2026-04-29
Market cap
$7.16M
P/E ratio
—
P/S ratio
1.11x
EPS (TTM)
$-0.03
Dividend yield
—
52W range
$1 – $2
Volume
0.0M
Wah Fu Education Group Ltd (WAFU) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.04M | $5.17M | $5.97M | $5.36M | $5.64M | $8.52M | $11.47M | $10.69M | $7.22M | $6.19M |
| Revenue growth (YoY) | — | -26.6% | +15.4% | -10.2% | +5.2% | +51.1% | +34.7% | -6.8% | -32.4% | -14.4% |
| Cost of revenue | $2.55M | $2.15M | $2.23M | $2.85M | $3.39M | $4.00M | $6.01M | $5.01M | $4.23M | $3.61M |
| Gross profit | $4.49M | $3.02M | $3.74M | $2.50M | $2.25M | $4.52M | $5.46M | $5.69M | $2.99M | $2.58M |
| Gross margin | 63.8% | 58.4% | 62.6% | 46.7% | 39.9% | 53.1% | 47.6% | 53.2% | 41.4% | 41.7% |
| R&D | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — |
| SG&A | $1.03M | $1.66M | $1.58M | $2.30M | $2.51M | $2.16M | $2.87M | $2.55M | $2.16M | $2.12M |
| Operating income | $2.62M | $658812.00 | $1.07M | $-1.24M | $-1.57M | $1.09M | $1.04M | $2.01M | $-240522.00 | $-392462.00 |
| Operating margin | 37.2% | 12.7% | 18.0% | -23.1% | -27.9% | 12.8% | 9.1% | 18.8% | -3.3% | -6.3% |
| EBITDA | $2.75M | $777669.00 | $1.19M | $-1.11M | $-1.41M | $1.29M | $1.22M | $2.42M | $106267.00 | $-67860.00 |
| EBITDA margin | 39.0% | 15.0% | 20.0% | -20.7% | -24.9% | 15.1% | 10.6% | 22.7% | 1.5% | -1.1% |
| EBIT | $2.62M | $658812.00 | $1.07M | $-1.24M | $-1.77M | $1.09M | $1.04M | $2.01M | $-240522.00 | $-392462.00 |
| Interest expense | $0.00 | $0.00 | $234140.00 | $126660.00 | $94981.00 | $230993.00 | $122182.00 | — | — | — |
| Income tax | $434309.00 | $105952.00 | $92023.00 | $-96804.00 | $212498.00 | $180334.00 | $238885.00 | $430529.00 | $130890.00 | $100104.00 |
| Effective tax rate | 16.2% | 15.6% | 7.4% | 9.3% | -14.9% | 15.0% | 24.3% | 32.2% | 173.1% | -27.4% |
| Net income | $2.24M | $572701.00 | $1.14M | $-946183.00 | $-1.64M | $1.02M | $743135.00 | $905892.00 | $-55288.00 | $-465299.00 |
| Net income growth (YoY) | — | -74.4% | +99.9% | -182.7% | -73.4% | +162.2% | -27.2% | +21.9% | -106.1% | -741.6% |
| Profit margin | 31.8% | 11.1% | 19.2% | -17.7% | -29.1% | 12.0% | 6.5% | 8.5% | -0.8% | -7.5% |