earnings
confidence high
sentiment negative
materiality 0.85
EDC Q1 revenues down 31% to $10.0M; net loss expands; announces $35.5M sale/leaseback of Hilti Complex
EDUCATIONAL DEVELOPMENT CORP
2025-Q1 EPS reported
-$0.15
revenue$9,993,400
- Net revenues $10.0M (down 31% YoY); net loss $1.3M vs $0.9M; EPS loss $0.15.
- Average active PaperPie Brand Partners fell to 13,400 from 23,200.
- Signed $35.5M sale/leaseback of Hilti Complex; expects closing in 90 days; proceeds to repay borrowings.
- Leased half of Hilti Complex to third party for ~$1.0M annual cashflow.
- Post-sale $4.5M line of credit arranged; no dividends paid in Q1.