Legacy Education Inc.: Annual report
Legacy Education reported fiscal 2026 revenue of approximately $80.1 million and net income of approximately $9.1 million, driven by enrollment growth.
Positive for the companyWhat the numbers say
Revenue rose 25% to $80.1M versus the prior year; operating margin narrowed from 15.6% to 14.8%; diluted EPS $0.66 versus $0.59; operating cash flow $4M (a year earlier $7.8M); free cash flow $2.7M (a year earlier $6.9M); cash rose by $2.4M to $22.7M while debt fell by $1.3M; diluted share count up 9.9% (dilution).
What happened
- Revenue increased by approximately 24.8% to approximately $80.1 million due to higher enrollments and a full year of revenue from Contra Costa Medical Career College.
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