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EDUCATIONAL DEVELOPMENT CORP (EDUC)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMay-31-23Feb-28-23Nov-30-22Aug-31-22May-31-22Feb-28-22Nov-30-21Aug-31-21
   10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Total revenues  14.515.030.319.423.223.345.133.0
            Revenue growth  -37.3%-35.7%-32.9%-41.1%-43.2%-42.2%-32.4%-44.3%
Cost of goods sold  5.25.911.06.97.97.913.910.5
Gross profit  9.49.119.212.515.315.431.222.5
            Gross margin  64.5%60.4%63.5%64.3%66.1%66.2%69.2%68.2%
Selling, general and administrative   [+]10.211.219.013.515.015.227.820.1
EBITDA   [+]-0.2-1.40.8-0.40.90.84.02.8
            EBITDA margin  -1.2%-9.7%2.7%-1.9%3.8%3.6%8.9%8.6%
Depreciation and amortization  0.70.70.60.60.60.60.60.5
EBIT   [+]-0.9-2.10.2-1.00.30.23.42.4
            EBIT margin  -5.9%-14.0%0.7%-5.0%1.2%1.0%7.6%7.1%
Interest expense  0.70.70.60.50.40.30.20.2
Other income (expense), net   [+]0.40.20.40.40.40.40.40.5
Pre-tax income  -1.2-2.60.0-1.10.30.33.62.7
Income taxes  -0.3-0.70.0-0.30.10.01.00.8
            Tax rate  27.3%26.4%25.0%27.5%24.4% 26.5%28.6%
Net income  -0.9-1.90.0-0.80.20.32.61.9
            Net margin  -6.0%-12.8%0.0%-4.1%0.9%1.4%5.9%5.8%
   
Basic EPS   [+]($0.11)($0.24)$0.00($0.10)$0.03$0.04$0.33$0.24
Diluted EPS   [+]($0.11)($0.24)$0.00($0.10)$0.03$0.04$0.31$0.23
   
Dividends per share   [+]    $0.11$0.10$0.10$0.10
   
Shares outstanding (basic)   [+]8.38.28.18.18.18.08.08.0
Shares outstanding (diluted)   [+]8.38.28.28.18.58.58.48.4
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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