earnings
confidence high
sentiment positive
materiality 0.60
Legacy Education FY2026 revenue up 24.8% to $80.1M, diluted EPS $0.66; Q4 EPS $0.13
Legacy Education Inc.
- FY2026 (ended June 30, 2026) revenue $80.1M, up 24.8% from $64.2M; net income $9.1M (+21.3%); diluted EPS $0.66 (+11.9%); adjusted EBITDA $13.6M vs $11.0M.
- Q4 revenue $20.1M (+12.0%), net income $1.9M (+53.3%), diluted EPS $0.13 (+44.4%), EBITDA $2.8M and adjusted EBITDA $3.1M.
- New student starts 3,483, up 9.0%; year-end student population 3,377, up 8.9%; full year of CCMCC revenue in FY2026 versus half in FY2025.
- G&A rose 26.7% to $24.2M on marketing, professional fees and bad debt; bad debt expense ~$4.0M (5% of revenue) vs $3.4M; $333,250 loss on debt settlement.
- Balance sheet at June 30, 2026: cash $22.7M, total assets $78.5M, stockholders' equity $52.8M; no dividend mentioned.