Wah Fu Education Group Ltd. Reports 14% Revenue Drop to $6.19 Million and $372,848 Net Loss for FY 2025
Wah Fu Education Group Ltd. has released its annual report for the fiscal year ending March 31, 2025. The company reported a revenue of $6.19 million, marking a decrease from the $7.22 million reported for the previous year and a significant drop compared to the $10.69 million in 2023. The company reported a net loss of $372,848, which is a slight improvement from the net loss of $376,860 in the previous year, but a significant downturn from the net income of $1.67 million in 2023. The company highlighted its agreements with more than 100 universities and colleges to provide online education services and technological services, expressing the intention to continue expanding its customer base. The report suggests that failure to maintain or expand this base could adversely affect future operations. Despite the current financial losses, Wah Fu Education Group Ltd. remains committed to its strategic focus on online exam preparation services and related technology solutions in China.
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