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WAFU Financial Statements and Analysis

NASDAQ : WAFU

Wah Fu Education Group Limited

$2.85
1.06+59.22%
At Close 4:00 PM
$2.69
-0.16-5.61%
After-Market 07:23 PM
58.46
BESG ScoreESG Rating

WAFU FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

WAFU Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-03-312023-12-312023-09-302023-06-302023-03-31
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420242023
periodQ4Q3Q2Q1Q4
revenue3.575M1.788M3.648M1.824M5.24M
cost of revenue2.63M1.315M1.585M784.739K2.341M
gross profit945.004K472.502K2.063M1.039M2.899M
gross profit ratio0.2640.2640.5650.570.553
research and development expenses00000
general and administrative expenses1.179M589.747K492.673K492.673K724.343K
selling and marketing expenses261.859K130.929K402.395K402.395K277.632K
selling general and administrative expenses1.441M720.677K1.79M895.068K2.004M
other expenses00000
operating expenses1.458M714.07K1.79M998.336K2.004M
cost and expenses4.089M2.029M3.375M1.783M4.345M
interest income114.24K28.56K049.12K34.499K
interest expense00000
depreciation and amortization86.874K43.437K37.158K18.579K94.751K
ebitda-426.384K-213.192K217.203K154.947K989.60K
ebitda ratio-0.119-0.1190.0850.0850.189
operating income-513.258K-256.629K272.73K136.368K894.85K
operating income ratio-0.144-0.1440.0750.0750.171
total other income expenses net87.242K43.621K-92.689K-46.345K-15.438K
income before tax-426.016K-213.008K180.046K90.023K879.412K
income before tax ratio-0.119-0.1190.0490.0490.168
income tax expense75.398K37.699K55.492K27.746K263.458K
net income-564.834K-141.209K227.129K113.565K43.025K
net income ratio-0.158-0.0790.0620.0620.008
eps-0.064-0.0320.0510.0260.01
eps diluted-0.064-0.0320.0510.0260.01
weighted average shs out4.44M4.418M4.44M4.44M4.44M
weighted average shs out dil4.44M4.418M4.44M4.44M4.44M
Graph

WAFU Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-03-312023-12-312023-09-302023-06-302023-03-31
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420242023
periodQ4Q3Q2Q1Q4
cash and cash equivalents11.046M11.046M11.421M11.421M12.567M
short term investments00000
cash and short term investments11.046M11.046M11.421M11.421M12.567M
net receivables3.532M1.04M3.38M777.44K3.359M
inventory00000
other current assets95.583K2.588M216.393K2.819M69.104K
total current assets14.673M14.673M15.018M15.018M15.996M
property plant equipment net827.555K827.555K948.521K948.521K886.444K
goodwill00000
intangible assets7.456K7.456K16.834K16.834K54.382K
goodwill and intangible assets7.456K7.456K16.834K16.834K54.382K
long term investments332.727K138.498K92.218K0171.004K
tax assets262.577K0352.681K0374.681K
other non current assets53.302K510.109K52.748K497.648K56.04K
total non current assets1.484M1.484M1.463M1.463M1.543M
other assets1.0001.0000
total assets16.156M16.156M16.481M16.481M17.538M
account payables210.348K210.348K91.64K91.64K233.473K
short term debt260.283K575.795K219.072K534.584K210.274K
tax payables969.595K01.042M01.12M
deferred revenue1.818M01.874M02.111M
other current liabilities665.56K3.138M604.074K3.205M1.751M
total current liabilities3.924M3.924M3.831M3.831M4.305M
long term debt72.975K72.975K227.661K227.661K203.171K
deferred revenue non current00000
deferred tax liabilities non current00000
other non current liabilities00-1.00-1.000
total non current liabilities72.975K72.975K227.66K227.66K203.171K
other liabilities00000
capital lease obligations333.258K333.258K227.661K446.733K413.445K
total liabilities3.997M3.997M4.059M4.059M4.508M
preferred stock00000
common stock44.106K44.106K44.401K44.401K44.401K
retained earnings6.363M7.23M6.605M7.513M6.418M
accumulated other comprehensive income loss-381.118K-1.249M-579.615K-1.487M115.139K
other total stockholders equity5.124M5.124M5.124M5.124M5.124M
total stockholders equity11.15M11.15M11.193M11.193M11.701M
total equity12.159M12.159M12.422M12.422M13.03M
total liabilities and stockholders equity16.156M16.156M16.481M16.481M17.538M
minority interest1.009M1.009M1.228M1.228M1.329M
total investments332.727K138.498K92.218K0171.004K
total debt333.258K388.487K446.733K543.173K413.445K
net debt-10.712M-10.657M-10.975M-10.878M-12.154M
Graph

WAFU Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-03-312023-12-312023-09-302023-06-302023-03-31
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420242023
periodQ4Q3Q2Q1Q4
deferred income tax94.498K000301.21K
stock based compensation00001.158M
change in working capital-329.183K-329.183K-579.81K-159.997K135.125K
accounts receivables-254.072K-254.072K-225.539K-112.77K1.348M
inventory00000
accounts payables00-131.131K00
other working capital-75.111K-75.111K-223.14K-47.227K-1.213M
other non cash items93.482K93.482K646.146K-22.329K-417.427K
net cash provided by operating activities-333.473K-333.473K-100.363K-50.182K1.315M
investments in property plant and equipment-47.51K-47.51K00-33.032K
acquisitions net3.106K00058.21K
purchases of investments-139.526K0000
sales maturities of investments00000
other investing activites-68.21K-68.21K00146.586K
net cash used for investing activites-115.72K-115.72K00171.764K
debt repayment00000
common stock issued00000
common stock repurchased00000
dividends paid00000
other financing activites0000-21.087K
net cash used provided by financing activities0000-21.087K
effect of forex changes on cash261.297K261.297K-522.80K-522.80K126.54K
net change in cash-375.79K-187.896K-1.146M-572.982K1.74M
cash at end of period11.046M-187.896K11.421M-572.982K12.567M
cash at beginning of period11.421M012.567M010.828M
operating cashflow-333.473K-333.473K-100.363K-50.182K1.315M
capital expenditure-47.51K-47.51K00-33.032K
free cash flow-380.983K-380.983K-100.363K-50.182K1.282M
Graph

Frequently Asked Questions

How did Wah Fu Education Group Limited do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, WAFU generated $3.58M in revenue last quarter, while its costs came in at $2.63M.

Last quarter, how much Gross Profit did Wah Fu Education Group Limited report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Wah Fu Education Group Limited reported a $945.00K Gross Profit for the quarter ended Mar 31, 2024.

Have WAFU's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. WAFU incurred $1.46M worth of Operating Expenses, while it generated -$513.26K worth of Operating Income.

How much Net Income has WAFU posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Wah Fu Education Group Limited, the company generated -$564.83K in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Wah Fu Education Group Limited have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Wah Fu Education Group Limited as of the end of the last quarter was $11.05M.

What are WAFU's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, WAFU had Total Net Receivables of $3.53M.

In terms of Total Assets and Current Assets, where did Wah Fu Education Group Limited stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of WAFU were $14.67M, while the Total Assets stand at $16.16M.

As of the last quarter, how much Total Debt did Wah Fu Education Group Limited have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of WAFU's debt was $333.26K at the end of the last quarter.

What were WAFU's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, WAFU reported total liabilities of $4.00M.

How much did WAFU's Working Capital change over the last quarter?

Working Capital Change for WAFU was -$329.18K over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

WAFU generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. WAFU generated -$333.47K of Cash from Operating Activities during its recently reported quarter.

What was WAFU's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. WAFU reported a -$375.79K Net Change in Cash in the most recent quarter.

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