Quarterly ResultJun 26, 2026, 12:17 PM
PCS Edventures! FY26 Revenue Down 14.4% to $6.35M; Implements 1:12 Reverse Split
AI Summary
PCS Edventures!, Inc. reported a 14.4% decrease in revenue for fiscal year 2026, totaling $6.35 million, down from $7.42 million in fiscal year 2025, primarily due to lower reseller and Catapult orders. The company also implemented a 1-for-12 reverse stock split effective May 4, 2026, and continued its share repurchase program, buying back 481,561 shares as of March 31, 2026. Additionally, the company appointed Suzanne DeZego as COO and Sean P. Iddings to the Board, and is shifting its growth strategy to align with state educational standards and provide evidence-based product effectiveness.
Key Highlights
- FY 2026 revenue decreased 14.4% to $6.35 million from $7.42 million in FY 2025.
- Implemented a 1-for-12 reverse stock split effective May 4, 2026.
- Repurchased 481,561 shares under a program authorizing up to 833,334 shares (post-split).
- Appointed Suzanne DeZego as Chief Operating Officer on September 15, 2025.
- Appointed Sean P. Iddings to the Board of Directors on January 22, 2025.
- Became a fully-reporting SEC entity on December 4, 2023.
- Reseller revenue declined to $1.02 million in FY26 from $1.59 million in FY25.
- Catapult order revenue decreased to $0.33 million in FY26 from $0.59 million in FY25.
Price Impact
More from PCSV