secwatch.observer — SEC 8-K summary
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Issuer:     FRANKLIN COVEY CO (FC)
CIK:        0000886206
Form:       8-K
Filed at:   2025-01-08T23:59:59+00:00
Accession:  0000886206-25-000002
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Franklin Covey Q1 FY25 revenue up 1% to $69.1M; net income falls to $0.09 EPS; guidance implies weaker EBITDA
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- Revenue $69.1M (+1% YoY); Education +11% to $16.5M; Enterprise $51.6M flat.
- Net income $1.2M ($0.09 diluted EPS) vs $4.9M ($0.36) last year; Adjusted EBITDA $7.7M vs $11.0M.
- Sales force restructured in N. America; hired ahead of plan; expects double-digit growth acceleration.
- FY25 guidance: revenue $295-305M constant currency; Adj. EBITDA $40-44M constant currency (vs $52M rolling 4Q Adj. EBITDA).
- Deferred subscription revenue $95.7M (+10% YoY); cash $53.3M; no debt draws; liquidity >$115M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886206/000088620625000002/0000886206-25-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886206/000088620625000002/fc-20250108x8k.htm
  HTML page:      https://secwatch.observer/filing/0000886206-25-000002

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