EDUC
Income statement / Annual
Last year (2024), Educational Development Corporation's total revenue was $51.03 M,
a decrease of 41.90% from the previous year.
In 2024, Educational Development Corporation's net income was $546,400.00.
See Educational Development Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
02/29/2024 |
02/28/2023 |
02/28/2022 |
02/28/2021 |
02/29/2020 |
02/28/2019 |
02/28/2018 |
02/28/2017 |
02/29/2016 |
02/28/2015 |
| Operating Revenue |
$51.03 M
|
$87.83 M
|
$142.23 M
|
$204.64 M
|
$113.01 M
|
$118.81 M
|
$111.97 M
|
$106.63 M
|
$63.62 M
|
$32.55 M
|
| Cost of Revenue |
$18.05 M |
$31.76 M |
$44.30 M |
$60.04 M |
$36.86 M |
$39.06 M |
$30.93 M |
$28.61 M |
$20.49 M |
$12.76 M |
| Gross Profit |
$32.98 M |
$56.07 M |
$97.93 M |
$144.60 M |
$76.15 M |
$79.75 M |
$81.03 M |
$78.01 M |
$43.12 M |
$19.78 M |
| Gross Profit Ratio |
0.65 |
0.64 |
0.69 |
0.71 |
0.67 |
0.67 |
0.72 |
0.73 |
0.68 |
0.61 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$13.99 M
|
$17.20 M
|
$20.30 M
|
$22.54 M
|
$15.51 M
|
$16.16 M
|
$15.74 M
|
$3.62 M
|
$2.33 M
|
$2.04 M
|
| Selling & Marketing
Expenses |
$16.48 M
|
$15.78 M
|
$44.38 M
|
$69.98 M
|
$34.99 M
|
$36.48 M
|
$35.36 M
|
$34.00 M
|
$18.06 M
|
$6.84 M
|
| Selling, General &
Administrative Expenses |
$38.89 M
|
$32.98 M
|
$64.68 M
|
$92.52 M
|
$50.50 M
|
$52.64 M
|
$51.10 M
|
$37.62 M
|
$20.39 M
|
$8.88 M
|
| Other Expenses |
$0.00 |
$25.68 M |
$23.01 M |
$36.12 M |
$18.61 M |
$1.56 M |
$1.58 M |
$1.69 M |
$477,400.00 |
$16,100.00 |
| Operating Expenses |
$38.89 M |
$58.65 M |
$87.69 M |
$128.64 M |
$69.11 M |
$71.20 M |
$73.67 M |
$72.99 M |
$39.81 M |
$18.40 M |
| Cost And Expenses |
$56.93 M |
$64.73 M |
$131.99 M |
$188.68 M |
$105.97 M |
$110.26 M |
$104.60 M |
$101.60 M |
$60.30 M |
$31.16 M |
| Interest Income |
$0.00 |
$2.17 M |
$916,400.00 |
$561,000.00 |
$888,100.00 |
$931,300.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$2.76 M |
$2.17 M |
$916,400.00 |
$561,000.00 |
$888,100.00 |
$931,300.00 |
$1.12 M |
$1.03 M |
$244,900.00 |
$0.00 |
| Depreciation &
Amortization |
$2.49 M
|
$2.48 M
|
$2.13 M
|
$1.63 M
|
$1.43 M
|
$1.46 M
|
$1.25 M
|
$1.08 M
|
$274,500.00
|
$129,400.00
|
| EBITDA |
-$3.41 M
|
$1.22 M
|
$14.28 M
|
$19.43 M
|
$10.07 M
|
$10.01 M
|
$10.20 M
|
$6.11 M
|
$4.07 M
|
$1.52 M
|
| EBITDA Ratio |
-0.07 |
1 |
0.1 |
0.09 |
0.09 |
1 |
0.09 |
0.07 |
0.06 |
0.05 |
| Operating Income Ratio
|
-0.12
|
0.26
|
0.09
|
0.09
|
0.08
|
0.07
|
0.07
|
0.05
|
0.05
|
0.04
|
| Total Other
Income/Expenses Net |
$6.64 M
|
-$3.43 M
|
-$43.30 M
|
-$58.76 M
|
$709,200.00
|
$628,400.00
|
$462,400.00
|
-$416,400.00
|
$232,500.00
|
$16,100.00
|
| Income Before Tax |
$734,500.00 |
-$3.43 M |
$11.24 M |
$17.23 M |
$7.75 M |
$9.18 M |
$7.83 M |
$4.61 M |
$3.55 M |
$1.40 M |
| Income Before Tax Ratio
|
0.01
|
-0.04
|
0.08
|
0.08
|
0.07
|
0.08
|
0.07
|
0.04
|
0.06
|
0.04
|
| Income Tax Expense |
$188,100.00 |
-$922,000.00 |
$2.93 M |
$4.61 M |
$2.11 M |
$2.50 M |
$2.62 M |
$1.75 M |
$1.43 M |
$543,300.00 |
| Net Income |
$546,400.00 |
-$2.50 M |
$8.31 M |
$12.62 M |
$5.65 M |
$6.68 M |
$5.21 M |
$2.86 M |
$2.12 M |
$859,200.00 |
| Net Income Ratio |
0.01 |
-0.03 |
0.06 |
0.06 |
0.05 |
0.06 |
0.05 |
0.03 |
0.03 |
0.03 |
| EPS |
0.0661 |
-0.31 |
1.03 |
1.51 |
0.68 |
0.82 |
0.64 |
0.35 |
0.26 |
0.11 |
| EPS Diluted |
0.0659 |
-0.31 |
0.98 |
1.5 |
0.68 |
0.81 |
0.64 |
0.35 |
0.26 |
0.11 |
| Weighted Average Shares
Out |
$8.27 M
|
$8.16 M
|
$8.04 M
|
$8.35 M
|
$8.32 M
|
$8.14 M
|
$8.18 M
|
$8.16 M
|
$8.10 M
|
$8.01 M
|
| Weighted Average Shares
Out Diluted |
$8.29 M
|
$8.16 M
|
$8.45 M
|
$8.43 M
|
$8.32 M
|
$8.24 M
|
$8.18 M
|
$8.17 M
|
$8.10 M
|
$8.01 M
|
| Link |
|
|
|
|
|
|
|
|
|
|
