---
schema_version: "secwatch.filing_event.v1"
accession: "0000886206-23-000056"
form_type: "8-K"
ticker: "FC"
cik: "0000886206"
company_name: "FRANKLIN COVEY CO"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T03:46:35.217820+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Franklin Covey reports record FY2023 sales $280.5M, Adjusted EBITDA up 14% to $48.1M; FY2024 guidance raised

## Summary
- FY2023 sales $280.5M (+7% YoY); net income $17.8M ($1.24 diluted) vs $18.4M ($1.27) prior year.
- Adjusted EBITDA $48.1M (+14% YoY); guides FY2024 constant-currency Adjusted EBITDA $54.5M-$58.0M.
- Deferred subscription revenue (billed+unbilled) up 22% to $186.4M; 54% of AAP contracts multi-year.
- Q4 FY2023 sales $78.0M, net income $6.8M ($0.49 diluted) vs $5.6M ($0.39) prior year.
- Repurchased 885,500 shares for $35.6M during FY2023; liquidity >$100M at year-end.

## SEC filing metadata
- accession: 0000886206-23-000056
- form_type: 8-K
- ticker: FC
- cik: 0000886206
- company_name: FRANKLIN COVEY CO
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886206/000088620623000056/0000886206-23-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886206/000088620623000056/fc-20231101x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000886206-23-000056
- JSON: https://secwatch.observer/filing/0000886206-23-000056.json
- Plain text: https://secwatch.observer/filing/0000886206-23-000056.txt

## Key facts
- Earnings Releases
  FRANKLIN COVEY CO reported fourth quarter and full fiscal 2023, which ended on August 31, 2023 results: revenue $280.5 million.
  - Period: fourth quarter and full fiscal 2023, which ended on August 31, 2023
  - Revenue: $280.5 million
  - Result: reported results
  source text: www.franklincovey.com  FRANKLIN COVEY REPORTS STRONG FINANCIAL RESULTS FOR FULL YEAR FISCAL 2023 AND FOURTH QUARTER  Consolidated Sales for the Year Increase 7% to a Record $280.5 Million Compared with $262.8 Million in Fiscal 2022  Education Division Revenues Grow 13% Compared with Fiscal 2022  Sum of Billed and Unbilled Deferred Subscription Revenue Increases
  evidence_url: https://www.sec.gov/Archives/edgar/data/886206/000088620623000056/0000886206-23-000056-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.