{"schema_version":"secwatch.filing_event.v1","accession":"0000886206-23-000002","form_type":"8-K","ticker":"FC","cik":"0000886206","company_name":"FRANKLIN COVEY CO","filed_at":"2023-01-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.405116+00:00","generated_at":"2026-06-20T20:03:51.116692+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Franklin Covey reports Q1 FY2023 sales up 13%, net income up 22% to $4.7M; affirms FY2023 EBITDA guidance $47-49M","bullets":["Sales $69.4M (+13% YoY); net income $4.7M ($0.32 diluted EPS) vs $3.8M ($0.27) prior year.","Adjusted EBITDA $11.5M (+16% YoY); reaffirms FY2023 constant-currency EBITDA target $47-49M.","All Access Pass subscription revenue up 20% to $39.6M; total billed+unbilled deferred subscription revenue $151.6M (+25%).","Education Division revenue up 23% to $14.4M; liquidity >$73M (cash $58.2M, undrawn credit line $15M).","Gross margin 76.0% (down from 77.7% due to mix); SG&A 63.4% of sales improved."],"urls":{"canonical":"https://secwatch.observer/filing/0000886206-23-000002","json":"https://secwatch.observer/filing/0000886206-23-000002.json","markdown":"https://secwatch.observer/filing/0000886206-23-000002.md","text":"https://secwatch.observer/filing/0000886206-23-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/886206/000088620623000002/0000886206-23-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/886206/000088620623000002/fc-20230105x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T20:03:51.116692+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"517ad1668d8088768263e3f3f0d7c3597483bc1e","claim":"FRANKLIN COVEY CO reported first quarter of fiscal 2023, which ended on November 30, 2022 results: revenue $69.4 million, net income $4.7 million. Guidance reaffirmed.","evidence_excerpt":"FRANKLIN COVEY REPORTS STRONG FIRST QUARTER RESULTS TO START FISCAL 2023  Consolidated Sales Increase 13% to $69.4 Million Compared with $61.3 Million in Fiscal 2022, Sales Grow 14% for the Latest Four Quarters  All Access Pass Subscription and Subscription Services Sales Grow 20% to $39.6 Million, Education Division Revenues Grow 23% over Fiscal 2022  Sum of Billed and Unbilled Deferred Subscription Revenue Increases 25% to $151.6 Million Compared with November 30, 2021  Net Income and Adjusted EBITDA Exceed Expectations, Net Income Increases 22% to $4.7 Million, Adjusted EBITDA Increases 16% to $11.5 Million, Latest Four Quarters Adjusted EBITDA Increases 28% to $43.7 Million  Liquidity and Financial Position Remain Strong with Available Liquidity Exceeding $73 Million at November 30, 2022  Company Affirms Earnings Guidance for Fiscal 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/886206/000088620623000002/0000886206-23-000002-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of fiscal 2023, which ended on November 30, 2022"},{"label":"Revenue","value":"$69.4 million"},{"label":"Net income","value":"$4.7 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}