secwatch.observer — SEC 8-K summary
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Issuer:     Legacy Education Inc. (LGCY)
CIK:        0001836754
Form:       8-K
Filed at:   2026-09-29T20:05:14+00:00
Accession:  0001493152-26-044865
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Legacy Education FY2026 revenue up 24.8% to $80.1M, diluted EPS $0.66; Q4 EPS $0.13
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836754/000149315226044865/0001493152-26-044865-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836754/000149315226044865/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-044865

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