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PCS Edventures! Announces 2024 Financial Results

PCS Edventures! Announces 2024 Financial Results

 


BOISE, Idaho (GLOBE NEWSWIRE) — PCS Edventures!, Inc. (PCSV), a leading provider of K-12 science, technology, engineering and mathematics (STEM) education programs, today announced financial results for the fiscal year ending March 31, 2024.

Revenues were $9.1 million, up from $7.0 million in the same period last year. Pretax income was $2.9 million, up from $1.8 million in the same period last year. The company ended the year with cash of $1.3 million.

“We delivered another fiscal year with our best sales and net income ever, thanks in large part to the heroic efforts of our employees that I see every day,” said President Mike Bledsoe. “It's gratifying to see our company's performance match those efforts.”

CEO Todd Hackett said, “While we are proud of our accomplishments to date, we recognize that we still have much work to do to fully capitalize on our opportunity. We believe we have only scratched the surface of our addressable market. Looking ahead several years, we believe there are many significant growth opportunities that we can successfully pursue.”

For more information about PCS Edventures!, Inc., please visit our website:

The Company's financial information and reports are available at https://www.sec.gov.

About PCS Edventures!, Inc.

PCS Edventures!, Inc. (OTCPK: PCSV) is a Boise, Idaho based company that designs and delivers technology-enabled products and services that develop 21st century skills for the K-12 market. PCS programs emphasize experiential learning in Science, Technology, Engineering, and Mathematics (STEM). https://edventures.com/.

Forward-Looking Statements.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are not guarantees of future performance or results and will not necessarily accurately indicate the timing or deadlines by which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause the Company's performance, levels of activity, performance or achievements to differ materially from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of the disclosures contained in PCS' filings and the forward-looking statements in such filings, which are available on the SEC's Edgar archives at https://www.sec.gov.

eSchool Media staff covers all aspects of education technology, from law and litigation to best practices, lessons learned and new products. First published in March 1998 as a monthly print and digital newspaper, eSchool Media provides the news and information K-20 decision makers need to effectively leverage technology and innovation to transform their schools and colleges and achieve their educational goals.

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