Quarterly ResultJun 26, 2026, 12:31 PM
PCS Edventures! FY26 Revenue $6.3M, Net Income Down 74.6%
AI Summary
PCS Edventures! announced its fiscal year 2026 results, reporting a 14.4% decrease in revenue to $6.3 million and a 74.6% decline in net income before tax to $321,455. Despite these financial challenges, the company maintained a gross margin of 60.5% and ended the year with $2.7 million in cash and no debt. Strategic initiatives included repurchasing 481,561 shares, uplisting to OTCQB, introducing a new drone program, and securing a $1.5 million order for the second half of the calendar year.
Key Highlights
- Revenue decreased 14.4% to $6.3 million for fiscal year 2026.
- Net income before income tax provision decreased 74.6% to $321,455.
- Gross margin stood at 60.5% for fiscal year 2026.
- Cash on hand was $2.7 million with no debt.
- Repurchased 481,561 shares, reducing outstanding shares by 4.66%.
- Secured a $1.5 million order for fulfillment in the second half of 2026.
- Introduced the new Drone Pathways program.
Price Impact
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