PCS Edventures Q1 Revenue Drops 28% as Market Weakness Persists
PCSV sits 84% above its 52-week low of $0.924.
Summary
PCS Edventures reported a 28% revenue decline and 83% drop in net income for Q1 FY2027, citing weak market conditions. The company remains debt-free and is repurchasing shares.
Key Events · Earnings and Guidance · PCSV
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Revenue Declines 28%
Q1 FY2027 revenue was $1,740,616, down $682,692 from $2,423,308 in the prior-year quarter, driven by fewer large orders and declining reseller revenue.
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Net Income Plunges 83%
Net income fell to $74,595 from $445,153, with operating income dropping to $82,001 from $572,320.
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Share Repurchases Continue
The company repurchased 32,556 shares for $48,818 during the quarter and continued buying shares in July 2026 at prices between $1.55 and $1.65.
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Strong Balance Sheet
Cash stands at $2.65M with no debt, and management believes operations can be sustained for 12 months with cash on hand and expected sales.
Analysis · PCSV · Trade & Services
Revenue fell to $1.74M from $2.42M a year ago, driven by fewer large orders and declining reseller revenue. Net income collapsed to $74,595 from $445,153. The company remains debt-free with $2.65M cash and is buying back stock, but the sharp decline in a seasonally strong quarter raises concerns about demand. Management cites weak market conditions and uncertainty around education funding.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 28.9% of the 1666 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PCSV was trading at $1.70 on OTC in the Trade & Services sector, with a market capitalization of approximately $16.5M. The 52-week trading range was $0.92 to $2.10. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.