PCS Edventures!.com, Inc. Reports Unaudited Earnings Results for the Second Quarter Ended September 30, 2018
November 15, 2018 at 06:01 pm EST
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PCS Edventures!.com, Inc. reported unaudited earnings results for the second quarter ended September 30, 2018. For the quarter, the company’s revenue was $1.22 million, which was up 114% from the same period last year. Net income was $0.08 million, the company’s third consecutive profitable quarter. Cash flow from operations was $0.78 million and the company ended the quarter with $104,000 in cash.
PCS Edventures!, Inc. (PCS) is a provider of hands-on, K12 Science, Technology, Engineering, Arts and Math (STEAM) curriculum and resources for educators in classrooms and out-of-school learning environments. The Company through Thrust-UAV has developed educational drones and drone curriculum. Its customers include schools and school districts from the collegiate to kindergarten level, and providers of out-of-school programming which include after-school programs, home-schooling programs, summer programs, and corporate outreach programs. It develops and sells a variety of STEM education products into the K12 market, such as Enrichment Programs, Discover Series Products, BrickLAB Products, Discover Drones, Add-on Drone Packages and Ala Carte Drone Items, STEAMventures BUILD Activity Book, and Professional Development Training. It offers approximately 31 different enrichment programs. The Company provides 13 different titles covering grades 1-12.
PCS EDVENTURES!, INC. 
