secwatch.observer — SEC 8-K summary
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Issuer:     FRANKLIN COVEY CO (FC)
CIK:        0000886206
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0000886206-24-000058
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Franklin Covey Q4 revenue up 8% to $84.1M; net income +76%; guides FY25 EBITDA down to $40-44M on $16M investments
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- Q4 revenue $84.1M (+8% YoY); net income $12.0M (+76%); diluted EPS $0.89 vs $0.49 prior year.
- FY2024 revenue $287.2M (+2.4% YoY); Adjusted EBITDA $55.3M (+15%); operating cash flow $60.3M (+69%).
- Enterprise division Q4 revenue $58.5M (+12%); Education division flat at $24.1M; total subscription revenue $65.8M (+2%).
- FY2025 guidance: revenue $295-305M; Adjusted EBITDA $40-44M (down from $55.3M) due to $16M investment in sales/marketing.
- Multi-year targets: revenue growth accelerating to 10% in FY2026, 14% in FY2028; EBITDA target $75M in FY2028.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886206/000088620624000058/0000886206-24-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886206/000088620624000058/fc-20241106x8k.htm
  HTML page:      https://secwatch.observer/filing/0000886206-24-000058

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