Educational Development Corp. (EDUC) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q3 24	$0.04	-$0.1	-350.0%	—	$16.9M	—
Q2 24	$0.04	-$0.1	-350.0%	—	$10.6M	—
Q2 23	$0.04	-$0.1	-350.0%	—	$19.4M	—
Q1 23	$0.18	$0.03	-83.3%	—	$23.2M	—
Q4 22	—	$0.04	—	—	$23.3M	—
Q3 22	$0.41	$0.31	-24.4%	—	$45.1M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$0.27	—	—	$22.9M	—
FY25	—	-$0.63	—	—	$34.2M	—
FY24	—	$0.07	—	—	$51M	—
FY23	—	-$0.31	—	—	$87.8M	—
FY22

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$106.6M	$112M	$118.8M	$113M	$204.6M	$142.2M	$87.8M	$51M	$34.2M	$22.9M
YoY change	+67.6%	+5.02%	+6.1%	-4.88%	+81.1%	-30.5%	-38.2%	-41.9%	-33%	-33%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	106.6M	112M	118.8M	113M	204.6M	142.2M	87.8M	51M	34.2M	22.9M
Cost of revenue	28.6M	35.8M	39.1M	36.9M	60M	44.3M	31.8M	18M	13.2M	9.3M
Gross profit	78M	76.2M	79.7M	76.1M	144.6M	97.9M	56.1M	33M	21M	13.6M
Gross margin	73.2%	68%	67.1%	67.4%	70.7%	68.9%	63.8%	64.6%	61.5%	59.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	49.9M	51.1M	52.6M	50.5M	92.5M	64.7M	42.9M	30.1M	22.1M	17.3M
Operating expenses	73M	68.8M	71.2M	69.1M	128.6M	87.7M	58.7M	38.9M	27.8M	20.8M
Operating income	5M	7.4M	8.6M	7M	16M	10.2M	-2.6M	-5.9M	-6.8M	-7.2M
Operating margin	4.72%	6.58%	7.2%	6.23%	7.8%	7.2%	-2.94%	-11.6%	-19.8%	-31.4%
Non-operating income, net	612.4K	1.6M	1.6M	1.6M	1.8M	1.9M	1.3M	9.4M	2.1M	14M
Pretax income	4.6M	7.8M	9.2M	7.8M	17.2M	11.2M	-3.4M	734.5K	-6.9M	5.3M
Income tax	1.8M	2.6M	2.5M	2.1M	4.6M	2.9M	-922K	188.1K	-1.6M	3M
Net income	2.9M	5.2M	6.7M	5.6M	12.6M	8.3M	-2.5M	546.4K	-5.3M	2.3M
Net margin	2.68%	4.66%	5.62%	5%	6.17%	5.84%	-2.85%	1.07%	-15.4%	10.1%
EBITDA	7.8M	10.2M	11.6M	10.1M	19.4M	14.3M	1.2M	6M	-2.9M	-3.7M
EPS	0.35	0.64	0.82	0.68	1.51	1.03	-0.31	0.07	-0.63	0.27
Diluted EPS	0.35	0.64	0.81	0.68	1.5	0.98	-0.31	0.07	-0.63	0.27

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	10.6M	16.9M	9M	10M	6.5M	11.1M	6.6M	7.1M	4.6M	7M	4.2M	4.8M
Cost of revenue	3.7M	5.8M	3.4M	3.5M	2.9M	4.1M	2.6M	3M	1.9M	2.7M	1.7M	1.9M
Gross profit	6.9M	11.1M	5.6M	6.5M	3.6M	6.9M	4M	4.1M	2.7M	4.3M	2.5M	2.8M
Gross margin	65.2%	65.8%	62%	64.6%	56%	62.5%	60.5%	58.2%	58.2%	61.5%	59.1%	59.3%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	7M	9.1M	6.1M	6.3M	4.8M	6.4M	4.7M	4.7M	3.8M	4.6M	4.2M	3.4M
Operating expenses	9M	12.1M	7.6M	8.1M	6.1M	8.1M	5.4M	5.7M	4.5M	5.8M	4.8M	4.1M
Operating income	1.8M	-941.1K	-5.9M	-1.7M	-2.5M	-1.2M	-1.4M	-1.6M	-1.8M	-1.5M	-2.3M	-1.3M
Operating margin	16.5%	-5.55%	-65.3%	-16.8%	-38.3%	-10.8%	-21.1%	-22%	-39.5%	-21.5%	-54.9%	-26.8%
Non-operating income, net	444.1K	4.4M	4.2M	508.7K	575.1K	662.1K	363.1K	619.5K	676.5K	12.5M	198.8K	-103.7K
Pretax income	1.5M	2.7M	-2.2M	-1.7M	-2.5M	-1.1M	-1.5M	-1.4M	-1.8M	10.6M	-2.1M	-1.4M
Income tax	391.2K	723.9K	-599.1K	-468K	-662.7K	-276.2K	-184.5K	-374.1K	-455.5K	2.8M	1M	16.5K
Net income	1.1M	2M	-1.6M	-1.3M	-1.8M	-835.7K	-1.3M	-1.1M	-1.3M	7.8M	-3.1M	-1.4M
Net margin	10%	11.6%	-18%	-12.8%	-27.7%	-7.56%	-20.3%	-15.1%	-28%	111.3%	-74.4%	-29.3%
EBITDA	2.9M	81.1K	-1.2M	-683.7K	-1.4M	-153.4K	-669.8K	-578.9K	-783.4K	-588.1K	-1.8M	-1.1M
EPS	0.13	0.24	-0.19	-0.15	-0.22	-0.1	-0.16	-0.13	-0.15	0.91	-0.37	-0.16
Diluted EPS	0.13	0.24	-0.19	-0.15	-0.22	-0.1	-0.16	-0.13	-0.15	0.91	-0.37	-0.16

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	38.9M	79.1M	65.6M	42.9M	130.4M	63.4M	30M	15.2M	12.1M	11.6M	11.1M
Enterprise value	64.7M	97.1M	82.1M	58.7M	144.8M	105.7M	75.7M	49.9M	44.1M	17.2M	16.2M
Shares outstanding	8.2M	8.2M	8.1M	8.3M	8.4M	8M	8.2M	8.3M	8.3M	8.6M	8.6M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	13.6	15.2	9.82	7.6	10.3	7.63	—	27.8	—	5.01	5.42
P/S	0.37	0.71	0.55	0.38	0.64	0.45	0.34	0.3	0.35	0.51	0.54
P/B	2.56	3.88	2.53	1.46	3.24	1.35	0.66	0.33	0.3	0.27	0.27
EV/EBITDA	8.29	9.52	7.1	5.84	7.45	7.4	61.8	8.35	-15	-4.68	-2.89
EV/Sales	0.61	0.87	0.69	0.52	0.71	0.74	0.86	0.98	1.29	0.75	0.79
Earnings yield	7.35%	6.59%	10.2%	13.2%	9.68%	13.1%	—	3.59%	—	20%	18.5%
FCF yield	-10.4%	9.85%	3.89%	8.4%	2.82%	-39.2%	-5.06%	52.1%	22.9%	12.6%	231.4%
PEG	—	—	—	—	—	—	—	—	—	—	0.23

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	73.2%	68%	67.1%	67.4%	70.7%	68.9%	63.8%	64.6%	61.5%	59.4%	59.3%
Operating margin	4.72%	6.58%	7.2%	6.23%	7.8%	7.2%	-2.94%	-11.6%	-19.8%	-31.4%	-26.8%
Net margin	2.68%	4.66%	5.62%	5%	6.17%	5.84%	-2.85%	1.07%	-15.4%	10.1%	9.75%
ROE	18.8%	25.6%	25.8%	19.2%	31.4%	17.8%	-5.54%	1.2%	-13%	5.43%	4.96%
ROA	4.34%	8.43%	9.64%	8.72%	14.2%	7.56%	-2.51%	0.61%	-6.72%	4.28%	-6.67%
ROIC	7.61%	12.8%	14.6%	11.3%	21.4%	8.5%	-2.84%	-5.48%	-9.34%	-6.46%	-5.49%
Return on tangible assets	4.34%	8.43%	9.64%	8.72%	14.2%	7.56%	-2.51%	0.61%	-6.72%	4.28%	3.79%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	1.28	1.57	1.76	2.27	1.53	1.9	1.17	3.88	1.4	3.33	3.2
Quick ratio	0.14	0.32	0.34	0.44	0.17	0.12	0.08	1.3	0.62	0.51	0.55
Debt / equity	1.74	1.01	0.76	0.64	0.4	0.91	1.02	0.78	0.8	0.16	0.16
Debt / assets	0.4	0.33	0.29	0.29	0.18	0.39	0.46	0.39	0.41	0.12	0.13
Net debt / EBITDA	3.3	1.76	1.43	1.57	0.74	2.96	37.3	5.8	-10.9	-1.52	-1.19
Interest coverage	5.48	8	10.9	9.73	31.7	13.3	-0.58	1.27	-2.13	4.62	6.55
Effective tax rate	38%	33.4%	27.3%	27.2%	26.7%	26.1%	0%	25.6%	0%	56.5%	63%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	13.1	13.7	14.6	13.6	24.5	17.7	10.8	6.17	4.1	2.68	2.41
EPS (basic)	0.35	0.64	0.82	0.68	1.51	1.03	-0.31	0.07	-0.63	0.27	0.27
EPS (diluted)	0.35	0.64	0.81	0.68	1.5	0.98	-0.31	0.07	-0.63	0.27	0.24
Book value per share	1.87	2.5	3.18	3.53	4.82	5.82	5.54	5.5	4.86	5	4.86
FCF per share	-0.5	0.95	0.31	0.43	0.44	-3.09	-0.19	0.96	0.33	0.17	0.09
Cash per share	0.09	0.33	0.39	0.36	0.22	0.04	0.08	0.1	0.05	0.13	0.2
Capex per share	0.3	0.18	0.17	0.08	0.5	0.46	0.19	0.1	0.05	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	2.33%	1.28%	1.18%	0.57%	2.03%	2.61%	1.8%	1.61%	1.29%	—	—
Capex / operating cash flow	-59.7%	17.2%	31.7%	11.5%	143.7%	-20.2%	136.8%	6.57%	11.6%	—	—
Payout ratio	51.3%	0%	18.4%	29.4%	17.9%	41.3%	-34.8%	0%	—	—	0%
Dividend yield	3.77%	0%	1.87%	3.87%	1.73%	5.41%	2.9%	0%	—	—	30.8%

Yield

30.8%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.10

ex-dividend Feb 18, 2022

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Feb 18, 2022	$0.10
Nov 17, 2021	$0.10
Aug 23, 2021	$0.10
Jun 1, 2021	$0.10
Feb 22, 2021	$0.10
Nov 18, 2020	$0.10
Aug 19, 2020	$0.06
Jun 1, 2020	$0.06

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	$10.6M	$16.9M	$9M	$10M	$6.5M	$11.1M	$6.6M	$7.1M	$4.6M	$7M	$4.2M	$4.8M
YoY change	-45.4%	-44%	-40.1%	-31.2%	-38.6%	-34.8%	-26%	-28.9%	-29%	-36.6%	-37%	-33.1%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	699.2K	2.7M	3.2M	3M	1.8M	361.2K	689.1K	844.5K	428.4K	1.1M
Receivables	2.9M	2.9M	3.3M	3M	3.3M	3.6M	2.9M	1.9M	2.1M	861.3K
Inventory	34.3M	26.6M	33.4M	30.1M	51.8M	71.6M	59.1M	43.9M	29.1M	17.4M
Total current assets	38.6M	33.5M	41.5M	37.2M	58.1M	76.5M	63.6M	66M	52.2M	20.6M
Property, plant & equipment	5M	5.8M	5.1M	4.2M	7.6M	7.8M	7.8M	10.6M	7.5M	13M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—
Total assets	66M	61.8M	69.3M	64.7M	88.9M	109.9M	99.9M	90.1M	78.3M	54.3M
Accounts payable	17.6M	12.5M	14.2M	9.7M	19.7M	12.4M	3.9M	3.9M	1.8M	1.7M
Short-term debt	5.8M	881.2K	945.9K	1M	5.8M	20.3M	45.9M	8M	32M	1.4M
Total current liabilities	30.1M	21.4M	23.5M	16.4M	37.9M	40.3M	54.1M	17M	37.2M	6.2M
Long-term debt	20.7M	19.8M	18.8M	17.8M	10.5M	22.4M	475.8K	27.5M	411.1K	5.3M
Total liabilities	50.8M	41.4M	43.3M	35.3M	48.6M	63.2M	54.7M	44.7M	37.7M	11.5M
Shareholders' equity	15.2M	20.4M	25.9M	29.4M	40.3M	46.8M	45.2M	45.5M	40.6M	42.8M
Total debt	26.4M	20.7M	19.8M	18.8M	16.2M	42.7M	46.4M	35.6M	32.4M	6.7M
Net debt	25.7M	18M	16.6M	15.8M	14.4M	42.3M	45.7M	34.7M	32M	5.6M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Cash & short-term investments	1.5M	—	—	1.1M	753.8K	2.3M	428.4K	1M	754.2K	3.1M	1.1M	1.7M
Receivables	2M	—	—	2.3M	2.1M	2.2M	2.1M	2M	1.8M	759.7K	861.3K	570.5K
Inventory	53.7M	48.2M	43.9M	39M	35.5M	32.1M	29.1M	25.2M	23.6M	22.5M	17.4M	16.1M
Total current assets	59.9M	—	—	62.3M	58.9M	57.6M	52.2M	49.1M	46.7M	27.7M	20.6M	19.4M
Property, plant & equipment	—	—	—	8.6M	8.8M	7M	7.5M	7.1M	5.9M	13.4M	13M	12.9M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	99M	—	—	88M	85.2M	83.6M	78.3M	76.3M	74.2M	59.5M	54.3M	52.9M
Accounts payable	5M	—	—	3.7M	2.6M	2.3M	1.8M	1.5M	1.6M	2M	1.7M	1.6M
Short-term debt	11.5M	—	—	8.1M	8.7M	6.8M	32M	31.1M	30.7M	1.5M	1.4M	1.3M
Total current liabilities	21.2M	—	—	16.6M	16M	15.8M	37.2M	36.5M	35.8M	8.1M	6.2M	6.1M
Long-term debt	32.2M	—	—	27M	26.5M	25.9M	411.1K	253.6K	93.2K	5.4M	5.3M	5.4M
Total liabilities	53.9M	—	—	43.7M	42.7M	41.8M	37.7M	36.8M	36M	13.6M	11.5M	11.5M
Shareholders' equity	45.1M	47.1M	45.5M	44.3M	42.5M	41.8M	40.6M	39.5M	38.2M	45.9M	42.8M	41.4M
Total debt	43.7M	—	—	35M	35.2M	32.7M	32.4M	31.4M	30.8M	6.9M	6.7M	6.7M
Net debt	42.3M	—	—	33.9M	34.5M	30.4M	32M	30.3M	30M	3.8M	5.6M	5.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	2.9M	5.2M	6.7M	5.6M	12.6M	8.3M	-2.5M	546.4K	-5.3M	2.3M
Depreciation & amortization	1.1M	1.3M	1.5M	1.4M	1.6M	2.1M	2.5M	2.5M	1.7M	1.4M
Stock-based compensation	—	0	401.8K	665.1K	938.6K	1M	907.8K	212K	403.3K	0
Change in working capital	-8.3M	1.6M	-4.9M	-2.3M	-11.4M	-29.7M	950.3K	9.9M	8.1M	8.5M
Operating cash flow	-4.2M	8.4M	4.4M	5.5M	2.9M	-18.4M	1.2M	12.5M	3.8M	2M
Capital expenditure	-2.5M	-1.4M	-1.4M	-638.8K	-4.1M	-3.7M	-1.6M	-821.8K	-439.4K	—
Investing cash flow	-2.5M	-1.4M	-1.4M	-638.8K	-4.1M	-3.9M	-1.8M	4M	-429.6K	29.9M
Dividends paid	-1.5M	0	-1.2M	-1.7M	-2.3M	-3.4M	-870.7K	0	—	—
Share repurchases	-200	-98.4K	-256.5K	-1.7M	-163.8K	0	0	-563.9K	-700	-137.9K
Financing cash flow	3.6M	-5.8M	-2.1M	-3.8M	-4.9M	23.6M	-5.1M	-17.3M	-4.4M	-35.2M
Net change in cash	-3.1M	1.1M	946.7K	1.1M	-6.1M	1.3M	-5.7M	-795.8K	-1M	-3.3M
Free cash flow	-4.1M	7.8M	2.5M	3.6M	3.7M	-24.9M	-1.5M	7.9M	2.8M	1.5M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Net income	1.1M	2M	-1.6M	-1.3M	-1.8M	-835.7K	-1.3M	-1.1M	-1.3M	7.8M	-3.1M	-1.4M
Depreciation & amortization	682.4K	629.5K	491.7K	486.6K	485.6K	383.1K	369.6K	366.1K	363.6K	356K	306K	273.1K
Stock-based compensation	79.6K	94.9K	-58.7K	100.8K	100.8K	100.8K	100.9K	0	0	0	0	—
Change in working capital	2.2M	5.6M	-767.1K	2.4M	1.5M	4M	167.4K	2.6M	1.7M	3.7M	427.9K	1.7M
Operating cash flow	3.4M	9.1M	-2.4M	1.6M	-517.3K	3.3M	-580.1K	1.5M	63.2K	2.5M	-2M	564.3K
Capital expenditure	-245.3K	-129K	-146.6K	-112.2K	-87.8K	-108.3K	-131.1K	-207.4K	—	—	—	—
Investing cash flow	-245.3K	4.7M	-145.9K	-108.2K	-87.8K	-102.5K	-131.1K	-162.4K	0	29.9M	5K	800
Dividends paid	0	0	0	—	—	—	—	—	—	—	—	—
Share repurchases	0	0	0	0	0	0	-700	—	—	—	0	—
Financing cash flow	-1.7M	-15.5M	550K	-341.4K	54.9K	-3.4M	-650.7K	-450K	-450K	-34.2M	0	0
Net change in cash	1.4M	-1.7M	-2M	1.1M	-550.2K	-234.7K	-1.4M	893.3K	-386.8K	-1.8M	-2M	565.1K
Free cash flow	3.3M	6.8M	-3M	1.1M	-953.9K	4.3M	-1.7M	1.2M	-38.3K	2.4M	-2.1M	468.3K

Date	Ratio
Aug 23, 2018	2:1
Apr 16, 1996	2:1

Educational Development Corp. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history