Company Summary: PCS Edventures!, Inc.

Overview

• Type: Educational technology company focusing on experiential STEM (Science, Technology, Engineering, and Math) and STEAM (including Arts) products.
• Founded: 1994 in Idaho
• Current Name: PCS Edventures!, Inc.
• Main Focus: Creating hands-on, transitional kindergarten through 12th-grade (TK-12) STEM and STEAM curriculum and products.
• Market: Primarily U.S. K-12 educational institutions, out-of-school programs, summer camps, after-school programs, military education, homeschooling, and corporate outreach.

Products & Services

• Enrichment Programs: Around 36 engaging informal learning camps such as Podcasting, Drone Design, Rockin' Robots, Claymation, Influencer Camp, Flight and Aerodynamics.
• Discover Series: STEM activities for makerspaces including Discover Engineering, Discover Robotics & Physics, Discover Digital Video, and Discover Blocksmith.
• BrickLAB: Lego-compatible proprietary bricks and curriculum for elementary education.
• Drones & Drone Curriculum: Educational drones (RubiQ proprietary product), drone kits, indoor/outdoor drone racing, and spare parts.
• STEAMventures Activity Books: 12 different themed activity books for TK-3, with includes instructor guides and related bricks.
• Professional Development: Paid training for educators on implementing their STEM products.

Customer Base & Market Penetration

• Customers: Schools, school districts, out-of-school program providers.
• Major Customers (FY2025):
  • 4 major customers (each >5% of sales), representing 27.8% of total FY2025 sales.
  • The largest customer, a reseller, accounted for 8.7% of FY2025 sales.
  • Other significant clients include the Air Force JROTC, which generated $453,314 in FY2025.
• Customer Concentration Risks: Loss of any two of the four large customers may significantly impact revenue.
• Customer Relationships: Long-term relationships with some exceeding 14 years.

Employees

• Total Employees (as of March 2025): 25 full-time employees.
• Growth: Increased from 22 full-time employees as of March 2024.

Revenue & Income

• FY2025 Revenue: $7,421,228 (down from $9,094,466 in FY2024).
• FY2025 Net Income: $946,865 (compared to $4,441,188 in FY2024).
• Net Income Before Tax (FY2025): $1,211,263.
• Gross Profit (FY2025): $4,437,288.
• Operating Expenses (FY2025): $3,353,955, including increased lease and warehouse costs.
• Major Revenue Factors: Loss of Iowa STEM contract in FY2025, lower orders from summer program provider Catapult, aging of Air Force JROTC contract, and expiration of ESSER grant funds affecting funding streams.

Financial Position

• Cash & Cash Equivalents (as of March 2025): $3,223,147.
• Working Capital: $5,592,545.
• Assets: Total assets of $9,463,022.
• Liabilities: $1,408,053.

Regulatory & Strategic Details

• Market Region: Mainly U.S., with minimal international revenue.
• Growth Plan: Penetrate large U.S. markets, develop new products, enhance drone product line, and align products with state standards.
• Regulatory Environment: No current product regulatory hurdles, but ongoing evolution in drone market regulations.
• Ownership & Stock: 122,189,804 shares of common stock outstanding as of June 2025. No preferred stock issued.

Summary: PCS Edventures! is a specialized provider of hands-on STEM and STEAM educational products for TK-12 students and out-of-school programs. It develops and markets curriculum and kits, including drones and bricks, with a focus on experiential learning. The company has a small but growing workforce, diverse customer base with some significant clients, and annual revenues around $7.4 million with net income just under $1 million in fiscal year 2025.