Breakdown | |||||
TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
36.03M | 51.03M | 87.83M | 142.23M | 204.64M | 113.01M | Gross Profit |
22.57M | 32.98M | 56.07M | 97.93M | 144.60M | 76.15M | EBIT |
-4.13M | -5.90M | 23.09M | 12.15M | 17.79M | 8.64M | EBITDA |
-3.44M | 5.98M | 1.22M | 14.28M | 19.43M | 10.07M | Net Income Common Stockholders |
-5.53M | 546.40K | -2.50M | 8.31M | 12.62M | 5.65M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
2.29M | 844.50K | 689.10K | 361.20K | 1.81M | 3.00M | Total Assets |
83.60M | 90.11M | 99.94M | 109.93M | 88.85M | 64.70M | Total Debt |
7.35M | 35.55M | 45.53M | 42.68M | 16.23M | 18.81M | Net Debt |
5.07M | 34.71M | 44.84M | 42.31M | 14.42M | 15.81M | Total Liabilities |
41.80M | 44.65M | 54.70M | 63.17M | 48.59M | 35.31M | Stockholders Equity |
41.81M | 45.45M | 45.23M | 46.77M | 40.26M | 29.39M |
Cash Flow | Free Cash Flow | ||||
1.46M | 7.93M | -1.52M | -24.86M | 3.67M | 3.61M | Operating Cash Flow |
1.91M | 8.75M | 58.50K | -21.14M | 7.82M | 4.24M | Investing Cash Flow |
-444.40K | 4.04M | -1.76M | -3.94M | -4.15M | -638.80K | Financing Cash Flow |
-2.48M | -12.20M | 2.03M | 23.63M | -4.86M | -3.81M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
73 Outperform | $2.08T | 36.02 | 24.29% | ― | 10.99% | 91.61% | |
59 Neutral | $534.76M | ― | -0.42% | 4.20% | -3.89% | -106.78% | |
58 Neutral | $29.51B | -0.64 | -15.44% | 4.07% | 2.03% | -50.31% | |
46 Neutral | $11.03M | ― | -12.44% | ― | -35.97% | -2121.45% |
On January 8, 2025, Randall White resigned as Director and Chairman of the Board at EDC, a position he held since 1986. Craig White, the current CEO and President, was unanimously voted by the Board to fill the Chairman position. The board plans to appoint a new director by the next shareholders meeting in July 2025, maintaining compliance with NASDAQ’s listing requirements.
Educational Development Corporation reported a significant decline in its fiscal 2025 third-quarter financial results compared to the previous year, with net revenues dropping to $11.1 million from $16.9 million and a net loss of $0.8 million compared to a $2.0 million profit last year. CEO Craig White highlighted strategic measures taken to restore profitability, including cost reductions and efficiency gains, leasing office space, and consolidating warehouse operations. The sale of the Hilti Complex is expected to eliminate the company’s debt, signaling a move towards improved financial stability and ongoing commitment to profitability.