EpicQuest Education Announces a Record Number of Students Enrolled in its Foundational Programs
MWN-AI** Summary
EpicQuest Education Group International Limited (Nasdaq: EEIQ) has announced substantial growth in student enrollment for its foundational programs, marking a significant milestone in its mission of internationalization. For the Fall 2025 semester, enrollment reached a record 175 students, reflecting a 52% increase compared to the previous year and an impressive 218% rise over the last two years. This surge is expected to generate over $5 million in revenue for the 2025-2026 academic year, as noted by CFO Zhenyu Wu.
The foundational programs are designed for international students, allowing them to earn credits in their home countries before transferring to institutions like Davis University in Toledo, Ohio. These programs not only facilitate the transition to higher education but also represent a key revenue stream for EpicQuest Education, boasting a nearly 100% retention rate. The current enrollment includes 131 students across partnerships with eminent institutions in China, such as Shanghai Jiao Tong University and The Chinese University of Hong Kong (Shenzhen), alongside 44 students through a collaboration with the Immersion Academy.
EpicQuest Education's strategy emphasizes the importance of internationalization, positioning its colleges, including Davis University and EduGlobal College, to expand globally and cater to a diverse student body. The company aims to enhance global learning pathways, establishing itself as a significant player in international higher education services.
Overall, the robust enrollment figures not only indicate a promising trajectory for EpicQuest Education but also underscore the growing demand for specialized international educational programs among students globally. This trend could significantly bolster the company's position in the market moving forward.
MWN-AI** Analysis
EpicQuest Education (Nasdaq: EEIQ) has recently reported a remarkable 218% increase in student enrollment in its foundational programs over the past two years, culminating in a total of 175 students for the Fall 2025 semester. This positive trend signals not only a surge in demand for its educational offerings but also suggests significant growth potential for the company, with projected revenues exceeding $5 million for the academic year 2025-2026.
The increased enrollment is particularly encouraging considering the robust retention rates of nearly 100%. With foundational programs designed to prepare international students for further studies, EpicQuest is well-positioned to capitalize on the growing global interest in international education. The strategic partnerships with premier universities in China—such as Shanghai Jiao Tong University and The Chinese University of Hong Kong (Shenzhen)—enhance the company's credibility and reach in the competitive higher education market.
Investors should take note of EpicQuest's strong mission towards internationalization, which aligns with global trends of increasing student mobility. The company's focus on nurturing international student pathways to higher education programs underscores its potential for sustainable revenue generation. Additionally, as the education sector shifts towards more global learning experiences, EpicQuest's unique model could yield significant returns as it expands its operational campuses and programs.
However, prospective investors should remain cautious and conduct further due diligence. Risks inherent to the education sector, including regulatory changes and fluctuating international student enrollment due to geopolitical factors, could impact future performance. Maintaining a diversified investment strategy in conjunction with monitoring EpicQuest’s operational and financial health is advisable as the company embarks on its growth journey. Overall, EpicQuest Education appears to be a promising contender in the higher education space, presenting potential upside for those looking to invest in educational services.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
PR Newswire
Enrollment Increased 218% over Two Years with the Programs Expected to Provide Revenue of Over $5 Million for the 2025-2026 Academic Year
TOLEDO, Ohio , Oct. 9, 2025 /PRNewswire/ -- EpicQuest Education Group International Limited (Nasdaq: EEIQ), ("EpicQuest Education", "EEIQ" or the "Company"), a provider of higher education for domestic and international students in the US, Canada and the UK, today announced that a record number of students are enrolled in its overseas foundational programs. Enrollment increased to 175 students for the Fall 2025 semester, an increase of 52% as compared to the Fall 2024–2025 academic year, and 218% over the last two years. EpicQuest Education's foundational programs are a key component of its core mission of internationalization.
"Foundational programs enable international students to study in their home countries to prepare for overseas study abroad while earning course credits they can use at our Davis University as well as at other top schools in the US," commented Zhenyu Wu , CFO of EpicQuest Education. "These programs provide high margin revenue to the Company, and we estimate that our current foundational programs will provide an annual revenue stream of at least $5 million for the 2025–2026 academic year."
Enrollment in Davis University's foundational programs grew to 175 students in the Fall of 2025, up from 115 students in the Fall of 2024, and 55 students in the Fall of 2023 — representing a 218% increase over the past two years. Foundational programs are a course of study for international students to acquire the skills needed to ensure their success at colleges and universities. The Company believes that Davis University's foundational programs represents sustainable revenue since the retention rate of students is close to 100%. In addition to this being a unique revenue stream for EpicQuest Education, the foundational programs creates a potential pool of future students to attend its owned and operated schools.
Davis University's foundational program students are enrolled in elite universities. The foundational programs are currently placed on the main campuses of Shanghai Jiao Tong University and The Chinese University of Hong Kong ( Shenzhen ), both of which are preeminent universities in China . A total of 131 students are enrolled into these two programs, and 44 students are enrolled through the collaboration between Davis University and Immersion Academy. The Company typically places its own instructors in these programs and collaborates on academic programming for students.
EpicQuest Education's Mission of Internationalization
The Company believes that internationalization is a key element of its strategic growth plan. EpicQuest Education's growth plan is to have its operated colleges, Davis University and EduGlobal College, become increasingly focused on international recruiting and enhanced globalized learning to its students as well as pathways to achieve university degrees. The Company's strategic growth plan is to achieve international expansion and establish EpicQuest Education as a truly international service provider of higher learning.
About EpicQuest Education Group International Limited
EpicQuest Education Group International Limited ("EpicQuest Education" or the "Company") provides comprehensive education solutions for domestic and international students seeking university and University degrees in the US, Canada and the UK. The Company owns and operates EduGlobal College, based in British Columbia, Canada , which focuses on English proficiency educational programming for students pursuing academic degrees. The Company operates and is a 70% owner of Davis University, a career training University located in Toledo, Ohio . In addition, the Company has a recruiting relationship with the Miami University Regional campuses, where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University . The Company is also a recruiting agent for the University of the West of Scotland (through The Education Group ( London ) Ltd) and Coventry University, both of which are located in the UK. EpicQuest Education recently established a wholly owned subsidiary, Gilmore Inv LLC, in Ohio , that will offer international educational programs related to kinesiology and recreation education. The Company also established a company in Ohio , SouthGilmore LLC that has been formed to organize sports-related entertainment projects, which is 40% owned by Gilmore. For more information, please visit www.epicquesteducation.com/ .
Safe Harbor Statement
Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections 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 in this release include, without limitation, the ability of the Company to achieve the expected annual revenue stream of at least $5 million in the 2025-2026 academic year. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.
All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our most recent Form 20-F and otherwise in our SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov . We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.
Contacts:
EpicQuest Education Group International Limited
+1 513-649-8350
info@epicquesteducation.com
Investor Relations:
Precept Investor Relations LLC
David Rudnick
+1 646-694-8538
david.rudnick@preceptir.com
Source: EpicQuest Education Group International Limited
SOURCE EpicQuest Education Group International Limited
FAQ**
How does the record enrollment of 175 students in EpicQuest Education Group International Ltd. (EEIQ) foundational programs align with the company's overall strategy for international growth and student recruitment?
What measures is EpicQuest Education (EEIQ) implementing to maintain its nearly 100% retention rate among foundational program students and ensure consistent revenue streams?
With the projected revenue of over $5 million for the 2025-2026 academic year, how will EpicQuest Education (EEIQ) allocate resources to support its growth while managing any potential risks indicated in their forward-looking statements?
Can EpicQuest Education (EEIQ) provide more insights into the partnerships with elite universities in China and how these collaborations enhance the value of their foundational programs for international students?
**MWN-AI FAQ is based on asking OpenAI questions about Elite Education Group International Ltd. (NASDAQ: EEIQ).
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