Elite Education Group International Ltd

EpicQuest Education Group International Limited, together with its subsidiaries, provides education solutions for students seeking university and college degree programs in the United States, Canada, and the United Kingdom. Services include International English Proficiency Test (ITEP) counseling, registration, test placement, and test scores for students with limited language skills; admission applications; visa counseling; pre-departure guidance; and accommodation arrangements. The company also offers post-arrival services such as pick-up, welcome, dormitory, catering, academic guidance, internship, and shuttle bus services. It acts as a recruiting agent for the University of the West of Scotland and Coventry University, and organizes sport-related exhibition matches, kinesiology, and recreation education programs. The company was formerly known as Elite Education Group International Limited and changed its name to EpicQuest Education Group International Limited in August 2022. It was founded in 2012 and is headquartered in Middletown, Ohio.

EEIQ▼

EpicQuest Education reports 17% revenue growth for first half of fiscal 2026

EpicQuest Education announced a 16.8% increase in revenue to $6.27 million for the first half of fiscal 2026, driven by expansion of international foundational and collaborative programs. Gross profit rose 6.3% to $3.63 million, while operating expenses increased 13% to $6.08 million, resulting in an operating loss of $2.45 million. Net loss widened to $3.16 million, or $1.92 per share, compared to a net loss of $0.16 million, or $0.28 per share, in the prior-year period, partly due to a $0.6 million expense from reduced soccer match revenue and the absence of a $1.9 million gain on asset sales. Cash and cash equivalents fell to $0.31 million as of March 31, 2026, and the company raised $0.6 million in a subsequent private placement. EpicQuest also outlined new initiatives including AI-powered tutoring, high school pathway programs, and plans for Davis University branch campuses.

EEIQ ▼

GlobeNewswire·85dRead more →