NASDAQ : EDUC
Educational Development Corporation — Financial statements
Communication Services · Publishing · United States
Last price 1.08 USD (Oct 30, 2026, 3:08 PM EDT) · Market cap 9.21M
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Financial statements
Educational Development Corporation (EDUC) reported revenue of 20.01M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 20.01M | 22.91M | 34.19M | 51.03M | 87.83M | 142.23M |
| Cost of Revenue | 7.98M | 9.31M | 13.16M | 18.05M | 31.76M | 44.30M |
| Gross Profit | 12.03M | 13.60M | 21.03M | 32.98M | 56.07M | 97.93M |
| Selling, General & Admin | 18.67M | 20.79M | 27.80M | 38.89M | 58.65M | 87.69M |
| Operating Expenses | 18.67M | 20.79M | 27.80M | 38.89M | 58.65M | 87.69M |
| Operating Income | -6.64M | -7.19M | -6.78M | -5.90M | -2.58M | 10.24M |
| Interest Expense | -372.80K | -1.48M | -2.19M | -2.76M | -2.17M | -916.40K |
| Other Non Operating Income (Expenses) | 710.20K | 2.11M | 2.43M | 5.38M | 1.33M | 1.91M |
| EBT Excluding Unusual Items | -6.30M | -6.56M | -6.54M | -3.28M | -3.43M | 11.24M |
| Gain (Loss) on Sale of Assets | 12.19M | 12.19M | 4.02M | |||
| Asset Writedown | -287.10K | -287.10K | -318.10K | |||
| Pretax Income | 5.61M | 5.35M | -6.86M | 734.50K | -3.43M | 11.24M |
| Income Tax Expense | 3.88M | 3.02M | -1.59M | 188.10K | -922.00K | 2.93M |
| Net Income | 1.72M | 2.33M | -5.26M | 546.40K | -2.50M | 8.31M |
| Net Income to Common | 1.72M | 2.33M | -5.26M | 546.40K | -2.50M | 8.31M |
| Shares Outstanding (Basic) | 8.53M | 8.56M | 8.35M | 8.27M | 8.16M | 8.04M |
| Shares Outstanding (Diluted) | 8.53M | 8.56M | 8.35M | 8.29M | 8.16M | 8.45M |
| EPS (Basic) | 0.20 | 0.27 | -0.63 | 0.07 | -0.31 | 1.03 |
| EPS (Diluted) | 0.20 | 0.27 | -0.63 | 0.07 | -0.31 | 0.98 |
| Free Cash Flow | 176.80K | 1.46M | 2.77M | 7.93M | -1.52M | -24.86M |
| Free Cash Flow Per Share | 0.02 | 0.17 | 0.33 | 0.96 | -0.19 | -2.94 |
| Dividend Per Share | 0.40 | |||||
| Gross Margin | 60.12% | 59.37% | 61.50% | 64.64% | 63.84% | 68.86% |
| Operating Margin | -33.16% | -31.36% | -19.82% | -11.56% | -2.94% | 7.20% |
| Profit Margin | 8.60% | 10.15% | -15.39% | 1.07% | -2.85% | 5.84% |
| Free Cash Flow Margin | 0.88% | 6.38% | 8.11% | 15.54% | -1.73% | -17.48% |
| EBITDA | -5.43M | -5.79M | -5.05M | -3.41M | -103.30K | 12.37M |
| EBITDA Margin | -27.15% | -25.29% | -14.77% | -6.69% | -0.12% | 8.70% |
| D&A For EBITDA | 1.20M | 1.39M | 1.72M | 2.49M | 2.48M | 2.13M |
| EBIT | -6.64M | -7.19M | -6.78M | -5.90M | -2.58M | 10.24M |
| EBIT Margin | -33.16% | -31.36% | -19.82% | -11.56% | -2.94% | 7.20% |
| Effective Tax Rate | 69.29% | 56.51% | 25.61% | 26.07% | ||
| Revenue as Reported | 20.01M | 22.91M | 34.19M | 51.03M | 87.83M | 142.23M |
| Advertising Expenses | 249.80K | 265.50K | 373.40K | 428.60K | 765.10K |
Balance sheet
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.06M | 1.12M | 428.40K | 844.50K | 689.10K | 361.20K |
| Trading Asset Securities | 24.40K | |||||
| Cash & Short-Term Investments | 1.06M | 1.12M | 428.40K | 868.90K | 689.10K | 361.20K |
| Accounts Receivable | 731.20K | 861.30K | 2.13M | 1.94M | 2.91M | 3.64M |
| Receivables | 731.20K | 861.30K | 2.13M | 1.94M | 2.91M | 3.64M |
| Inventory | 15.22M | 17.41M | 29.10M | 43.91M | 59.09M | 71.55M |
| Prepaid Expenses | 420.60K | 273.80K | 667.30K | 505.60K | 768.50K | 859.70K |
| Restricted Cash | 147.00K | 222.00K | 548.10K | 432.90K | ||
| Other Current Assets | 450.00K | 664.40K | 19.38M | 18.38M | 100.80K | 100.80K |
| Total Current Assets | 18.03M | 20.55M | 52.25M | 66.04M | 63.55M | 76.51M |
| Property, Plant & Equipment | 12.45M | 13.01M | 7.51M | 10.55M | 30.48M | 30.98M |
| Long-Term Deferred Tax Assets | 2.54M | 1.41M | 796.80K | 118.70K | ||
| Other Long-Term Assets | 20.18M | 20.75M | 16.02M | 12.10M | 5.11M | 2.32M |
| Total Assets | 50.66M | 54.31M | 78.31M | 90.11M | 99.94M | 109.93M |
| Accounts Payable | 1.61M | 1.69M | 1.85M | 3.91M | 3.86M | 12.41M |
| Accrued Expenses | 324.80K | 1.11M | 1.93M | 2.70M | 3.04M | 5.07M |
| Short-Term Debt | 4.61M | 5.95M | 10.63M | 17.72M | ||
| Current Portion of Long-Term Debt | 26.69M | 1.80M | 34.89M | 2.54M | ||
| Current Portion of Leases | 1.18M | 1.37M | 697.00K | 726.90K | 347.80K | 111.00K |
| Current Income Taxes Payable | 821.00K | 1.15M | 460.90K | 773.40K | 241.90K | |
| Current Unearned Revenue | 300.10K | 320.50K | 491.80K | 583.50K | 602.70K | 681.60K |
| Other Current Liabilities | 1.26M | 536.30K | 502.90K | 568.20K | 736.80K | 1.48M |
| Total Current Liabilities | 5.51M | 6.17M | 37.22M | 17.01M | 54.12M | 40.26M |
| Long-Term Debt | 26.64M | 22.41M | ||||
| Long-Term Leases | 5.32M | 5.34M | 411.10K | 888.00K | 475.80K | 384.80K |
| Other Long-Term Liabilities | 5.20K | 112.90K | 111.00K | 111.00K | 114.10K | |
| Total Liabilities | 10.82M | 11.52M | 37.75M | 44.65M | 54.70M | 63.17M |
| Common Stock | 2.54M | 2.54M | 2.54M | 2.54M | 2.54M | 2.54M |
| Additional Paid-In Capital | 13.75M | 13.77M | 13.80M | 13.41M | 13.19M | 12.25M |
| Retained Earnings | 36.65M | 39.63M | 37.30M | 42.57M | 42.02M | 44.53M |
| Treasury Stock | -13.10M | -13.15M | -13.06M | -13.09M | -12.52M | -12.55M |
| Comprehensive Income & Other | -15.40K | 24.40K | ||||
| Shareholders' Equity | 39.84M | 42.79M | 40.57M | 45.45M | 45.23M | 46.77M |
| Total Liabilities & Equity | 50.66M | 54.31M | 78.31M | 90.11M | 99.94M | 109.93M |
| Total Debt | 6.50M | 6.72M | 32.40M | 36.01M | 46.35M | 43.17M |
| Net Cash (Debt) | -5.44M | -5.60M | -31.97M | -35.14M | -45.66M | -42.81M |
| Net Cash Per Share | -0.64 | -0.65 | -3.83 | -4.24 | -5.60 | -5.06 |
| Filing Date Shares Outstanding | 8.52M | 8.51M | 8.58M | 8.58M | 8.58M | 8.72M |
| Total Common Shares Outstanding | 8.52M | 8.51M | 8.58M | 8.58M | 8.71M | 8.71M |
| Working Capital | 12.53M | 14.38M | 15.02M | 49.02M | 9.43M | 36.25M |
| Book Value Per Share | 4.67 | 5.03 | 4.73 | 5.30 | 5.19 | 5.37 |
| Tangible Book Value | 39.84M | 42.79M | 40.57M | 45.45M | 45.23M | 46.77M |
| Tangible Book Value Per Share | 4.67 | 5.03 | 4.73 | 5.30 | 5.19 | 5.37 |
| Land | 850.00K | 4.11M | 4.11M | |||
| Buildings | 22.70M | 22.70M | ||||
| Machinery | 11.05M | 11.08M | 15.01M | 15.06M | 14.33M | |
| Construction In Progress | 25.80K | 313.50K | 1.26M | 496.90K |
Cash flow statement
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 1.72M | 2.33M | -5.26M | 546.40K | -2.50M | 8.31M |
| Depreciation & Amortization | 1.20M | 1.39M | 1.72M | 2.49M | 2.48M | 2.13M |
| Loss (Gain) From Sale of Assets | -12.25M | -12.19M | 3.30K | -4.02M | ||
| Asset Writedown & Restructuring Costs | 400.70K | 287.10K | 318.10K | |||
| Stock-Based Compensation | 20.00K | 403.30K | 212.00K | 907.80K | 1.05M | |
| Provision & Write-off of Bad Debts | 24.00K | 36.00K | 48.00K | 33.30K | 115.80K | |
| Other Operating Activities | 3.54M | 2.68M | -985.60K | -523.80K | 37.80K | 27.10K |
| Change in Accounts Receivable | 1.01M | 1.23M | -237.10K | 936.50K | 732.10K | -407.90K |
| Change in Inventory | 5.59M | 6.88M | 10.75M | 8.13M | 9.09M | -21.40M |
| Change in Accounts Payable | 14.10K | -161.00K | -2.06M | 46.30K | -8.55M | -6.20M |
| Change in Unearned Revenue | -246.90K | -171.30K | -91.70K | -19.20K | -78.90K | -1.79M |
| Change in Income Taxes | 127.00K | 685.90K | -312.50K | 773.40K | -241.90K | 111.70K |
| Change in Other Net Operating Assets | -564.10K | -990.40K | -1.09M | 145.20K | -1.81M | -3.08M |
| Operating Cash Flow | 599.50K | 2.01M | 3.21M | 8.75M | 58.50K | -21.14M |
| Capital Expenditures | -422.70K | -542.80K | -439.40K | -821.80K | -1.58M | -3.72M |
| Sale of Property, Plant & Equipment | 29.89M | 29.93M | 9.80K | 4.86M | ||
| Other Investing Activities | -177.00K | -223.70K | ||||
| Investing Cash Flow | 29.47M | 29.39M | -429.60K | 4.04M | -1.76M | -3.94M |
| Short-Term Debt Issued | 12.48M | |||||
| Long-Term Debt Issued | 36.00M | 15.24M | ||||
| Total Debt Issued | 36.00M | 27.72M | ||||
| Short-Term Debt Repaid | -4.20M | -1.30M | -5.14M | -7.09M | ||
| Long-Term Debt Repaid | -26.72M | -1.80M | -6.50M | -25.90M | -1.28M | |
| Total Debt Repaid | -30.01M | -30.91M | -3.10M | -11.64M | -32.99M | -1.28M |
| Net Debt Issued (Repaid) | -30.01M | -30.91M | -3.10M | -11.64M | 3.01M | 26.45M |
| Issuance of Common Stock | 20.20K | 20.20K | 17.70K | 63.40K | 617.10K | |
| Repurchase of Common Stock | -137.90K | -137.90K | -700.00 | -563.90K | ||
| Common Dividends Paid | -870.70K | -3.43M | ||||
| Other Financing Activities | -178.40K | |||||
| Financing Cash Flow | -30.13M | -31.03M | -3.08M | -12.20M | 2.03M | 23.63M |
| Net Cash Flow | -66.00K | 363.90K | -300.90K | 588.30K | 327.90K | -1.45M |
| Free Cash Flow | 176.80K | 1.46M | 2.77M | 7.93M | -1.52M | -24.86M |
| Free Cash Flow Margin | 0.88% | 6.38% | 8.11% | 15.54% | -1.73% | -17.48% |
| Free Cash Flow Per Share | 0.02 | 0.17 | 0.33 | 0.96 | -0.19 | -2.94 |
| Levered Free Cash Flow | 24.61M | 27.38M | 6.14M | -5.55M | 484.56K | -26.78M |
| Unlevered Free Cash Flow | 24.84M | 28.31M | 7.50M | -3.82M | 1.84M | -26.21M |
| Cash Interest Paid | 416.30K | 1.34M | 2.16M | 2.81M | 1.99M | 890.00K |
| Cash Income Tax Paid | 358.60K | -200.50K | -274.30K | 24.40K | -3.90K | 2.97M |
| Change in Working Capital | 5.94M | 7.48M | 6.96M | 10.01M | -860.90K | -32.77M |
Ratios
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 8.87M | 11.58M | 12.45M | 15.77M | 32.06M | 68.61M |
| Enterprise Value | 14.31M | 15.42M | 43.54M | 48.28M | 76.11M | 96.20M |
| Last Close Price | 1.04 | 1.36 | 1.45 | 1.84 | 3.68 | 7.88 |
| PE Ratio | 5.15 | 4.98 | 28.86 | 8.26 | ||
| PS Ratio | 0.44 | 0.51 | 0.36 | 0.31 | 0.36 | 0.48 |
| PB Ratio | 0.22 | 0.27 | 0.31 | 0.35 | 0.71 | 1.47 |
| P/TBV Ratio | 0.22 | 0.27 | 0.31 | 0.35 | 0.71 | 1.47 |
| P/FCF Ratio | 50.15 | 7.92 | 4.49 | 1.99 | ||
| P/OCF Ratio | 14.79 | 5.78 | 3.88 | 1.80 | 548.12 | |
| EV/Sales Ratio | 0.71 | 0.67 | 1.27 | 0.95 | 0.87 | 0.68 |
| EV/EBITDA Ratio | 7.78 | |||||
| EV/EBIT Ratio | 9.39 | |||||
| EV/FCF Ratio | 80.92 | 10.54 | 15.71 | 6.09 | ||
| Debt / Equity Ratio | 0.16 | 0.16 | 0.80 | 0.79 | 1.02 | 0.92 |
| Debt / EBITDA Ratio | 907.10 | 3.48 | ||||
| Debt / FCF Ratio | 36.76 | 4.59 | 11.69 | 4.54 | ||
| Net Debt / Equity Ratio | 0.14 | 0.13 | 0.79 | 0.77 | 1.01 | 0.92 |
| Net Debt / EBITDA Ratio | -1.00 | -0.97 | -6.33 | -10.29 | -442.05 | 3.46 |
| Net Debt / FCF Ratio | 30.77 | 3.83 | 11.53 | 4.43 | -30.04 | -1.72 |
| Asset Turnover | 0.32 | 0.35 | 0.41 | 0.54 | 0.84 | 1.43 |
| Inventory Turnover | 0.41 | 0.40 | 0.36 | 0.35 | 0.49 | 0.72 |
| Quick Ratio | 0.33 | 0.32 | 0.07 | 0.17 | 0.07 | 0.10 |
| Current Ratio | 3.27 | 3.33 | 1.40 | 3.88 | 1.17 | 1.90 |
| Return on Equity (ROE) | 4.41% | 5.58% | -12.24% | 1.21% | -5.45% | 19.09% |
| Return on Assets (ROA) | -6.64% | -6.77% | -5.03% | -3.88% | -1.54% | 6.44% |
| Return on Invested Capital (ROIC) | -4.44% | -5.17% | -8.85% | -5.12% | -2.86% | 10.50% |
| Return on Capital Employed (ROCE) | -14.70% | -14.90% | -16.50% | -8.10% | -5.60% | 14.70% |
| Earnings Yield | 19.40% | 20.07% | -42.29% | 3.46% | -7.81% | 12.11% |
| FCF Yield | 1.99% | 12.62% | 22.27% | 50.28% | -4.74% | -36.23% |
| Dividend Yield | 5.08% | |||||
| Payout Ratio | 41.28% | |||||
| Buyback Yield / Dilution | -0.28% | -2.57% | -0.77% | -1.56% | 3.49% | -0.30% |
| Total Shareholder Return | -0.28% | -2.57% | -0.77% | -1.56% | 3.49% | 4.77% |