Private company
AMERICAN EDUCATION CENTER, INC.
Last updated Oct 18, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2020
Where the money goes
Where each dollar of revenue went, fiscal 2020
- Cost of revenue26¢$167.8K
- Research and development4¢$26.6K
- Income tax70¢$446.8K
Out of $342.5K in revenue.3 The company lost money this year.
Financial statements
No quarterly figures reported.
| Fiscal year | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $13.7M4 | $25.8M5 | $7.0M6 | $5.3M3 | $342.5K3 | ||
| Cost of revenue | $9.9M4 | $17.9M5 | $4.5M6 | $3.1M3 | $167.8K3 | ||
| Gross profit | $3.8M4 | $7.9M5 | $2.5M6 | $2.2M3 | $174.7K3 | ||
| Research and development | $03 | $26.6K3 | |||||
| Operating income | $9.5K7 | $587.3K8 | $939.5K4 | $597.8K5 | -$2.2M6 | -$1.9M3 | -$3.4M3 |
| Income tax | $29.0K7 | $334.6K8 | $215.7K4 | $353.0K5 | -$1.1M5 | -$31.5K3 | -$446.8K3 |
| Net income | $30.5K7 | $254.0K8 | $719.6K4 | $245.1K9 | -$6.7M6 | -$1.3M3 | -$2.8M3 |
No quarterly figures reported.
| Fiscal year | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|---|
| Cash | $82.6K8 | $1.1M4 | $2.3M5 | $2.7M6 | $2.0M5 | $1.0M3 | $911.7K3 |
| Current assets | $214.2K7 | $2.3M8 | $5.2M4 | $9.5M5 | $5.2M6 | $4.2M3 | $1.3M3 |
| Total assets | $520.9K7 | $2.6M8 | $9.5M4 | $12.3M5 | $7.2M6 | $7.4M6 | |
| Current liabilities | $235.9K7 | $1.9M8 | $4.3M4 | $4.9M5 | $3.2M6 | $4.1M3 | $3.6M3 |
| Long-term debt | $295.6K7 | $295.6K8 | $295.6K4 | $145.6K5 | $06 | $03 | $313.3K3 |
| Total liabilities | $555.8K7 | $2.3M8 | $4.7M4 | $5.2M5 | $5.3M6 | $6.2M3 | $4.1M3 |
| Shareholders’ equity | -$34.9K8 | $253.3K4 | $4.8M4 | $7.0M5 | $1.8M6 | $1.2M3 | -$1.4M3 |
| Shares outstanding | 21.0M shares7 | 30.0M shares8 | 41.4M shares4 | 41.9M shares5 | 56.6M shares6 | 56.8M shares3 | 59.1M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Compare AMERICAN EDUCATION CENTER, INC. with another company
Recent filings
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
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