---
title: "Skillful Craftsman net loss widens 12% to US$ 8.5 million in FY26; revenue drops 98% to US$ 14,133"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295711292.md"
description: "Skillful Craftsman Education Technology reported a 98% revenue drop to US$14,133 and a widened net loss of US$8.5 million for FY26. Operating losses increased to US$2.64 million due to a 52% rise in expenses. The company also recorded an investment impairment loss of US$5.31 million related to a stake write-down, while cash reserves fell to US$0.2 million."
datetime: "2026-08-12T21:16:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295711292.md)
  - [en](https://longbridge.com/en/news/295711292.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295711292.md)
generator: "portal-rs"
---

# Skillful Craftsman net loss widens 12% to US$ 8.5 million in FY26; revenue drops 98% to US$ 14,133

-   Skillful Craftsman Education Technology reported revenue of US$ 14,133, down 98%. \* Net loss widened to US$ 8.5 million. \* Operating loss widened to US$ 2.64 million as operating expenses increased 52% to US$ 2.65 million. \* Investment impairment loss climbed to US$ 5.31 million, tied to a write-down of its 3% stake in Pingtan. \* Cash and cash equivalents fell to US$ 0.2 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Skillful Craftsman Education Technology Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-037431), on August 12, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**