Wah Fu Education Group Limited (WAFU) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q2'19 | Q4'18 | Q2'18 | Q4'17 | Q4'16 |
|---|
| Sales/Revenue | 3.06M | 3.39M | 2.8M | 3.58M | 3.65M | 5.24M | 5.45M | 5.67M | 5.8M | 4.21M | 4.3M | 3.14M | 2.5M | 2.46M | 2.9M | 2.91M | 3.06M | 2.1M | 3.52M |
| Revenue Growth % | 9.26% | -5.26% | -23.26% | -31.76% | -33.1% | -7.59% | -6.06% | 34.56% | 34.92% | 34.31% | 72.07% | 27.43% | -13.67% | -15.3% | -5.4% | 38.35% | - | -40.34% | - |
| Cost of Goods Sold | 1.23M | 2.39M | 1.22M | 2.65M | 1.59M | 2.34M | 2.66M | 3.62M | 2.4M | 2.12M | 1.87M | 1.87M | 1.51M | 1.8M | 1.04M | 1.25M | 953.56K | 1.07M | 1.28M |
| COGS % of Revenue | 40.28% | 70.62% | 43.49% | 74.04% | 43.45% | 44.67% | 48.87% | 63.77% | 41.32% | 50.43% | 43.52% | 59.71% | 60.55% | 73.02% | 35.97% | 42.96% | 31.15% | 50.84% | 36.22% |
| Gross Profit | 1.83M | 995.04K | 1.58M | 928.1K | 2.06M | 2.9M | 2.79M | 2.05M | 3.41M | 2.09M | 2.43M | 1.26M | 986.3K | 664.28K | 1.85M | 1.66M | 2.11M | 1.03M | 2.25M |
| Gross Margin % | 59.72% | 29.38% | 56.51% | 25.96% | 56.55% | 55.33% | 51.13% | 36.23% | 58.68% | 49.57% | 56.48% | 40.29% | 39.45% | 26.98% | 64.03% | 57.04% | 68.85% | 49.16% | 63.78% |
| Gross Profit Growth % | 15.47% | 7.21% | -23.32% | -67.98% | -26.01% | 41.1% | -18.15% | -1.64% | 40.18% | 65.23% | 146.36% | 90.3% | -46.81% | -59.93% | -12.03% | 60.51% | - | -54.01% | - |
| Operating Expenses | 1.84M | 816.15K | 2.15M | 1.46M | 1.79M | 2M | 1.67M | 1.7M | 2.72M | 1.68M | 1.74M | 1.8M | 2.02M | 2.18M | 1.58M | 1.27M | 1.38M | 1.15M | 934.83K |
| OpEx % of Revenue | 60.17% | 24.09% | 76.92% | 40.79% | 49.07% | 38.25% | 30.64% | 30.01% | 46.83% | 39.98% | 40.51% | 57.3% | 80.95% | 88.53% | 54.64% | 43.57% | 45.13% | 54.93% | 26.55% |
| Selling, General & Admin | 1.84M | 826.23K | 2.14M | 1.44M | 1.79M | 2M | 1.67M | 1.7M | 2.72M | 1.68M | 1.74M | 1.8M | 2.02M | 2.18M | 1.56M | 1.29M | 1.37M | 1.13M | 934.83K |
| SG&A % of Revenue | 60.17% | 24.39% | 76.56% | 40.31% | 49.07% | 38.25% | 30.64% | 30.01% | 46.83% | 39.98% | 40.51% | 57.3% | 80.95% | 88.53% | 53.96% | 44.42% | 44.91% | 53.74% | 26.55% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | -10.08K | 10.08K | 16.91K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -13.91K | 178.89K | -571.35K | -513.26K | 272.73K | 894.85K | 1.12M | 352.94K | 687.81K | 404.03K | 686.97K | -533.52K | -1.04M | -1.52M | 276.59K | 350.74K | 721.76K | -114.12K | 1.31M |
| Operating Margin % | -0.45% | 5.28% | -20.41% | -14.36% | 7.48% | 17.08% | 20.49% | 6.22% | 11.85% | 9.59% | 15.97% | -17.01% | -41.5% | -61.54% | 9.55% | 12.07% | 23.58% | -5.43% | 37.23% |
| Operating Income Growth % | 97.57% | 134.85% | -309.49% | -157.36% | -75.59% | 153.54% | 62.42% | -12.65% | 0.12% | 175.73% | 166.2% | 64.79% | -475.17% | -531.99% | -61.68% | 407.35% | - | -108.7% | - |
| EBITDA | 17.57K | 458.15K | -526.01K | -426.38K | 309.89K | 989.6K | 1.2M | 408.45K | 1.01M | 529.14K | 887.27K | -359.45K | -845.03K | -1.48M | 334.62K | 414.03K | 780.4K | -63.42K | 1.37M |
| EBITDA Margin % | 0.57% | 13.53% | -18.79% | -11.93% | 8.49% | 18.89% | 21.98% | 7.2% | 17.38% | 12.56% | 20.62% | -11.46% | -33.8% | -60.06% | 11.55% | 14.24% | 25.49% | -3.02% | 39.02% |
| EBITDA Growth % | 103.34% | 207.45% | -269.74% | -143.09% | -74.15% | 142.28% | 18.8% | -22.81% | 13.71% | 247.21% | 205% | 75.69% | -352.53% | -457.14% | -57.12% | 752.82% | - | -104.62% | - |
| D&A (Non-Cash Add-back) | 31.48K | 279.26K | 45.34K | 86.87K | 37.16K | 94.75K | 81.49K | 55.51K | 321.09K | 125.11K | 200.3K | 174.06K | 192.63K | 36.5K | 58.03K | 63.29K | 58.64K | 50.7K | 62.95K |
| EBIT | -13.91K | 178.89K | -571.35K | -513.26K | 180.04K | 879.41K | 1.22M | 437.46K | 703.95K | 477.65K | 723.45K | -431.65K | -996.94K | -1.46M | 276.59K | 350.74K | 721.76K | -114.12K | 1.31M |
| Net Interest Income | 25.98K | 69.83K | 99.81K | 114.24K | 98.24K | 34.5K | 104.85K | 44.85K | 16.24K | 22.14K | 41.43K | -88.91K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 25.98K | 69.83K | 99.81K | 114.24K | 98.24K | 34.5K | 104.85K | 44.85K | 16.24K | 22.14K | 41.43K | 0 | 0 | 0 | 0 | 0 | 0 | 57.18K | 57.02K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 88.91K | 46.45K | 52.12K | 149.08K | 240.66K | 227.64K | 0 | 0 |
| Other Income/Expense | 15.64K | 39.16K | 80.56K | 87.24K | -92.69K | -15.44K | 106.44K | 260.99K | 16.15K | 73.62K | 36.48K | -164.89K | 40.72K | -704.4K | 70.07K | 120.01K | 102.99K | 50.19K | 21.8K |
| Pretax Income | 1.73K | 218.05K | -490.8K | -426.02K | 180.05K | 879.41K | 1.22M | 437.46K | 703.96K | 477.65K | 723.45K | -431.65K | -996.94K | -1.46M | 346.66K | 470.75K | 824.75K | -63.93K | 1.33M |
| Pretax Margin % | 0.06% | 6.44% | -17.53% | -11.92% | 4.94% | 16.78% | 22.44% | 7.72% | 12.13% | 11.34% | 16.82% | -13.76% | -39.87% | -59.38% | 11.97% | 16.2% | 26.94% | -3.04% | 37.85% |
| Income Tax | 57.71K | 10.15K | 89.95K | 75.4K | 55.49K | 263.46K | 167.07K | 129.06K | 109.83K | -31.69K | 212.02K | 26.06K | 186.43K | -219.89K | 123.09K | -19.09K | 111.11K | -23.07K | 217.16K |
| Effective Tax Rate % | 3345.33% | 4.66% | -18.33% | -17.7% | 30.82% | 29.96% | 13.65% | 29.5% | 15.6% | -6.63% | 29.31% | -6.04% | -18.7% | 15.04% | 35.51% | -4.05% | 13.47% | 36.08% | 16.29% |
| Net Income | -169.56K | 83.7K | -549K | -564.83K | 227.13K | 43.02K | 862.87K | 272.22K | 470.92K | 305.04K | 374.64K | -463.67K | -1.23M | -1.09M | 144.19K | 537.55K | 607.05K | 31.4K | 1.12M |
| Net Margin % | -5.54% | 2.47% | -19.61% | -15.8% | 6.23% | 0.82% | 15.82% | 4.8% | 8.11% | 7.24% | 8.71% | -14.78% | -49% | -44.29% | 4.98% | 18.49% | 19.83% | 1.49% | 31.79% |
| Net Income Growth % | 69.11% | 114.82% | -341.71% | -1412.8% | -73.68% | -84.19% | 83.23% | -10.76% | 25.7% | 165.79% | 130.58% | 57.48% | -949.6% | -302.84% | -76.25% | 1611.83% | - | -97.2% | - |
| Net Income (Continuing) | -55.98K | 207.9K | -580.75K | -501.41K | 124.55K | 615.95K | 1.06M | 308.4K | 594.13K | 509.34K | 511.42K | -457.71K | -1.18M | -1.24M | 223.57K | 489.84K | 713.64K | -40.86K | 1.12M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1.15M | 1.06M | 936.88K | 1.01M | 1.23M | 1.33M | 1.01M | 788.66K | 740.76K | 606.94K | 390.07K | 234.54K | 226.92K | 211.35K | 323.2K | 217.6K | 225.04K | 101.8K | -7.47K |
| EPS (Diluted) | -0.04 | 0.02 | -0.12 | -0.06 | 0.05 | 0.01 | 0.19 | 0.06 | 0.11 | 0.07 | 0.09 | -0.11 | -0.29 | -0.31 | 0.05 | 0.17 | 0.19 | 0.01 | 0.22 |
| EPS Growth % | 68% | 129.87% | -334.38% | - | -73.05% | -84.18% | 72.73% | -11.93% | 28.66% | 163.27% | 129.48% | 64.52% | -744.44% | -284.52% | -76.29% | - | - | -95.55% | - |
| EPS (Basic) | -0.04 | 0.02 | -0.12 | -0.06 | 0.05 | 0.01 | 0.19 | 0.06 | 0.11 | 0.07 | 0.09 | -0.11 | -0.29 | -0.31 | 0.05 | 0.17 | 0.19 | 0.01 | 0.22 |
| Diluted Shares Outstanding | 4.41M | 4.41M | 4.41M | 4.44M | 4.44M | 4.44M | 4.44M | 4.44M | 4.43M | 4.38M | 4.38M | 4.38M | 4.2M | 3.56M | 3.2M | 3.2M | 3.2M | 3.2M | 5.2M |
| Basic Shares Outstanding | 4.41M | 4.41M | 4.41M | 4.44M | 4.44M | 4.44M | 4.44M | 4.44M | 4.43M | 4.38M | 4.38M | 4.38M | 4.2M | 3.56M | 3.2M | 3.2M | 3.2M | 3.2M | 5.2M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |