Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 34.19M | 51.03M | 87.83M | 142.23M | 204.64M |
Gross Profit | 21.03M | 32.98M | 56.07M | 97.93M | 144.60M |
EBITDA | -2.94M | 5.98M | 1.22M | 14.28M | 19.43M |
Net Income | -5.26M | 546.40K | -2.50M | 8.31M | 12.62M |
Balance Sheet | |||||
Total Assets | 78.31M | 90.11M | 99.94M | 109.93M | 88.85M |
Cash, Cash Equivalents and Short-Term Investments | 428.40K | 844.50K | 689.10K | 361.20K | 1.81M |
Total Debt | 32.40M | 35.55M | 45.53M | 42.68M | 16.23M |
Total Liabilities | 37.75M | 44.65M | 54.70M | 63.17M | 48.59M |
Stockholders Equity | 40.57M | 45.45M | 45.23M | 46.77M | 40.26M |
Cash Flow | |||||
Free Cash Flow | 2.77M | 7.93M | -1.52M | -24.86M | 3.67M |
Operating Cash Flow | 3.21M | 8.75M | 58.50K | -21.14M | 7.82M |
Investing Cash Flow | -429.60K | 4.04M | -1.76M | -3.94M | -4.15M |
Financing Cash Flow | -3.08M | -12.20M | 2.03M | 23.63M | -4.86M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
62 Neutral | $41.97B | -1.66 | -12.07% | 3.33% | 2.07% | -69.32% | |
58 Neutral | $84.68M | ― | -48.12% | ― | 4.11% | 78.58% | |
56 Neutral | $66.24M | ― | -16.65% | ― | 105.31% | 95.66% | |
49 Neutral | $11.57M | ― | -12.07% | ― | -32.68% | -3656.21% | |
48 Neutral | $81.97M | ― | 154.70% | ― | -3.41% | -18.54% | |
45 Neutral | $52.71M | ― | -123.16% | ― | -15.07% | 33.40% | |
42 Neutral | $36.90M | ― | -55.07% | ― | 1.15% | 71.71% |
At the annual meeting of stockholders held on July 2, 2025, Educational Development Company elected Dr. Amy N. Emerson as a Class III Director for a three-year term. Additionally, the stockholders ratified the appointment of HoganTaylor LLP as the independent registered public accounting firm for the year ending February 28, 2026.
On July 7, 2025, Educational Development Corporation reported its fiscal 2026 first quarter financial results, showing a decline in net revenues to $7.1 million from $10.0 million the previous year. The company executed several product discount promotions to increase cash flow, which impacted gross margins. Despite lower sales, EDC reduced its losses compared to the previous year and is focused on turning excess inventory into cash to strengthen its financial position. The company is also in the process of selling the Hilti Complex, which is expected to retire outstanding debt and provide financial flexibility for future growth.
On June 26, 2025, Educational Development Corporation executed an amendment to its commercial real estate contract with TG OTC, LLC for the sale of its headquarters and distribution warehouse in Tulsa, Oklahoma. The amendment extends the due diligence period to September 11, 2025, and changes the expected closing date to ten days after the due diligence period, potentially impacting the company’s operational logistics and financial planning.
On June 9, 2025, Educational Development Corporation announced that it will hold its fiscal year 2026 first quarter earnings call on July 7, 2025. The call will include a presentation of the company’s first quarter results by key executives and a live Q&A session, indicating the company’s commitment to transparency and stakeholder engagement.
On May 14, 2025, Educational Development Corporation’s Board of Directors approved the addition of Steven Hooser to its Board, transitioning him from his role as the company’s Investor Relations advisor. The company also appointed Dr. Amy Emerson as a Class III Director. On May 19, 2025, EDC reported its fiscal 2025 financial results, highlighting a significant reduction in net revenues and an overall net loss compared to the previous year. Despite these challenges, EDC focused on reducing debt and inventory, generating cash flow to improve its financial position. The company also executed a Purchase Sale Agreement for its headquarters, aiming to eliminate bank debts and enhance operational liquidity.
On May 5, 2025, Educational Development Corporation announced a change in the date for its fiscal year 2025 earnings call, which will now take place on May 19, 2025. The call will feature presentations from key executives and a live Q&A session, providing insights into the company’s year-end results and future outlook.