Lincoln Educational Services Corporation
LINC · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $440,064 | $378,070 | $348,287 | $335,336 |
| % Growth | 16.4% | 8.6% | 3.9% | – |
| Cost of Goods Sold | $181,759 | $162,275 | $148,746 | $138,931 |
| Gross Profit | $258,305 | $215,795 | $199,541 | $196,405 |
| % Margin | 58.7% | 57.1% | 57.3% | 58.6% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $0 | $170,935 | $147,391 | $135,823 |
| SG&A Expenses | $243,803 | $209,135 | $182,391 | $168,923 |
| Sales & Mktg Exp. | $0 | $38,200 | $35,000 | $33,100 |
| Other Operating Expenses | -$675 | -$26,698 | $872 | -$21,779 |
| Operating Expenses | $243,128 | $182,437 | $183,263 | $147,144 |
| Operating Income | $15,177 | $33,358 | $16,278 | $49,261 |
| % Margin | 3.4% | 8.8% | 4.7% | 14.7% |
| Other Income/Exp. Net | -$466 | $2,281 | $158 | -$2,015 |
| Pre-Tax Income | $14,711 | $35,639 | $16,436 | $47,246 |
| Tax Expense | $4,820 | $9,642 | $3,802 | $12,528 |
| Net Income | $9,891 | $25,997 | $12,634 | $34,718 |
| % Margin | 2.2% | 6.9% | 3.6% | 10.4% |
| EPS | 0.32 | 0.86 | 0.36 | 1.04 |
| % Growth | -62.8% | 138.9% | -65.4% | – |
| EPS Diluted | 0.32 | 0.85 | 0.36 | 1.04 |
| Weighted Avg Shares Out | 30,580 | 30,105 | 25,879 | 25,081 |
| Weighted Avg Shares Out Dil | 30,891 | 30,541 | 25,879 | 25,081 |
| Supplemental Information | – | – | – | – |
| Interest Income | $2,099 | $2,628 | $318 | $0 |
| Interest Expense | $2,565 | $347 | $160 | $2,015 |
| Depreciation & Amortization | $11,334 | $6,771 | $6,362 | $7,140 |
| EBITDA | $28,610 | $42,757 | $22,958 | $56,401 |
| % Margin | 6.5% | 11.3% | 6.6% | 16.8% |