NYSEAMERICAN : LGCY
Legacy Education Inc. — Financial statements
Consumer Staples · Education & Training Services · United States
Last price 9.805 USD (Oct 30, 2026, 10:16 AM EDT) · Market cap 125.63M
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Financial statements
Legacy Education Inc. (LGCY) reported revenue of 80.06M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 80.06M | 80.06M | 64.17M | 46.00M | 35.46M | 30.70M |
| Cost of Revenue | 42.92M | 42.92M | 34.25M | 26.35M | 20.79M | 18.12M |
| Gross Profit | 37.13M | 37.13M | 29.92M | 19.65M | 14.67M | 12.59M |
| Selling, General & Admin | 24.68M | 24.68M | 19.49M | 13.17M | 10.82M | 9.12M |
| Operating Expenses | 25.32M | 25.32M | 19.93M | 13.43M | 11.05M | 9.36M |
| Operating Income | 11.81M | 11.81M | 9.99M | 6.22M | 3.62M | 3.22M |
| Interest Expense | -68.15K | -68.15K | -112.73K | -118.16K | -96.26K | -104.99K |
| Interest & Investment Income | 1.29M | 1.29M | 1.15M | 886.83K | 339.10K | 204.26K |
| EBT Excluding Unusual Items | 13.03M | 13.03M | 11.02M | 6.99M | 3.86M | 3.32M |
| Gain (Loss) on Sale of Assets | -14.81K | -14.81K | ||||
| Other Unusual Items | -333.25K | -333.25K | ||||
| Pretax Income | 12.68M | 12.68M | 11.02M | 6.99M | 3.86M | 3.32M |
| Income Tax Expense | 3.54M | 3.54M | 3.49M | 1.87M | 1.20M | 986.35K |
| Net Income | 9.14M | 9.14M | 7.53M | 5.11M | 2.67M | 2.34M |
| Net Income to Common | 9.14M | 9.14M | 7.53M | 5.11M | 2.67M | 2.34M |
| Shares Outstanding (Basic) | 12.60M | 12.60M | 11.58M | 9.29M | 9.22M | 9.22M |
| Shares Outstanding (Diluted) | 13.94M | 13.94M | 12.69M | 9.69M | 9.62M | 9.72M |
| EPS (Basic) | 0.73 | 0.73 | 0.65 | 0.55 | 0.29 | 0.25 |
| EPS (Diluted) | 0.66 | 0.66 | 0.59 | 0.53 | 0.28 | 0.24 |
| Free Cash Flow | 2.68M | 2.68M | 6.92M | 1.23M | 1.57M | 793.73K |
| Free Cash Flow Per Share | 0.19 | 0.19 | 0.55 | 0.13 | 0.16 | 0.08 |
| Gross Margin | 46.39% | 46.39% | 46.63% | 42.71% | 41.38% | 41.00% |
| Operating Margin | 14.75% | 14.75% | 15.56% | 13.51% | 10.21% | 10.50% |
| Profit Margin | 11.42% | 11.42% | 11.74% | 11.12% | 7.52% | 7.61% |
| Free Cash Flow Margin | 3.35% | 3.35% | 10.79% | 2.66% | 4.44% | 2.58% |
| EBITDA | 12.45M | 12.45M | 10.43M | 6.48M | 3.85M | 3.47M |
| EBITDA Margin | 15.56% | 15.56% | 16.25% | 14.09% | 10.85% | 11.30% |
| D&A For EBITDA | 644.09K | 644.09K | 441.72K | 265.04K | 224.49K | 244.65K |
| EBIT | 11.81M | 11.81M | 9.99M | 6.22M | 3.62M | 3.22M |
| EBIT Margin | 14.75% | 14.75% | 15.56% | 13.51% | 10.21% | 10.50% |
| Effective Tax Rate | 27.93% | 27.93% | 31.65% | 26.78% | 30.99% | 29.68% |
| Advertising Expenses | 5.93M | 5.93M | 4.75M | 4.12M | 3.59M | 2.66M |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 22.73M | 22.73M | 20.32M | 10.38M | 9.29M | 8.77M |
| Cash & Short-Term Investments | 22.73M | 22.73M | 20.32M | 10.38M | 9.29M | 8.77M |
| Accounts Receivable | 19.86M | 19.86M | 15.05M | 13.04M | 7.18M | 5.53M |
| Other Receivables | 980.82K | 980.82K | 207.97K | 46.44K | 116.97K | 686.01K |
| Receivables | 20.84M | 20.84M | 15.26M | 13.08M | 7.30M | 6.21M |
| Prepaid Expenses | 2.14M | 2.14M | 1.38M | 1.03M | 661.56K | 656.05K |
| Other Current Assets | 94.45K | 94.45K | 94.45K | 94.45K | 94.45K | 106.85K |
| Total Current Assets | 45.81M | 45.81M | 37.05M | 24.59M | 17.35M | 15.74M |
| Property, Plant & Equipment | 18.49M | 18.49M | 18.58M | 4.91M | 5.11M | 704.47K |
| Goodwill | 6.85M | 6.85M | 6.85M | 1.93M | 1.93M | 1.93M |
| Other Intangible Assets | 3.84M | 3.84M | 3.86M | 1.05M | 1.06M | 1.07M |
| Long-Term Accounts Receivable | 2.15M | 2.15M | 1.97M | 1.38M | 1.14M | 654.06K |
| Long-Term Deferred Tax Assets | 730.93K | 730.93K | 395.55K | 898.00K | 168.00K | 92.21K |
| Other Long-Term Assets | 680.96K | 680.96K | 503.13K | 416.61K | 481.93K | 418.56K |
| Total Assets | 78.55M | 78.55M | 69.21M | 35.17M | 27.25M | 20.61M |
| Accounts Payable | 1.32M | 1.32M | 1.39M | 1.53M | 722.71K | 668.27K |
| Accrued Expenses | 3.68M | 3.68M | 3.54M | 2.33M | 1.86M | 1.75M |
| Current Portion of Long-Term Debt | 103.35K | 103.35K | 925.35K | 624.24K | 728.26K | 825.80K |
| Current Portion of Leases | 2.09M | 2.09M | 2.37M | 1.93M | 1.53M | |
| Current Income Taxes Payable | 380.67K | 380.67K | 596.25K | 1.44M | 147.06K | 3.83K |
| Current Unearned Revenue | 4.78M | 4.78M | 4.96M | 2.59M | 3.47M | 3.10M |
| Other Current Liabilities | 3.20K | 3.20K | 3.20K | 24.20K | 30.43K | 30.33K |
| Total Current Liabilities | 12.36M | 12.36M | 13.78M | 10.47M | 8.49M | 6.38M |
| Long-Term Debt | 27.02K | 27.02K | 481.26K | 123.86K | 45.33K | 127.44K |
| Long-Term Leases | 13.39M | 13.39M | 13.90M | 2.16M | 3.25M | |
| Long-Term Unearned Revenue | 461.96K | |||||
| Other Long-Term Liabilities | 905.00 | 33.77K | 37.64K | |||
| Total Liabilities | 25.78M | 25.78M | 28.16M | 12.75M | 11.82M | 7.01M |
| Common Stock | 12.80K | 12.80K | 12.45K | 9.29K | 9.29K | 9.21K |
| Additional Paid-In Capital | 29.86M | 29.86M | 27.27M | 16.19M | 14.30M | 14.26M |
| Retained Earnings | 22.90M | 22.90M | 13.76M | 6.22M | 1.11M | -666.92K |
| Shareholders' Equity | 52.77M | 52.77M | 41.04M | 22.42M | 15.42M | 13.60M |
| Total Liabilities & Equity | 78.55M | 78.55M | 69.21M | 35.17M | 27.25M | 20.61M |
| Total Debt | 15.62M | 15.62M | 17.68M | 4.84M | 5.56M | 953.24K |
| Net Cash (Debt) | 7.11M | 7.11M | 2.64M | 5.54M | 3.74M | 7.81M |
| Net Cash Per Share | 0.51 | 0.51 | 0.21 | 0.57 | 0.39 | 0.80 |
| Filing Date Shares Outstanding | 12.81M | 12.81M | 12.56M | 11.87M | 9.29M | 9.22M |
| Total Common Shares Outstanding | 12.80M | 12.80M | 12.45M | 9.29M | 9.29M | 9.22M |
| Working Capital | 33.44M | 33.44M | 23.27M | 14.12M | 8.86M | 9.36M |
| Book Value Per Share | 4.12 | 4.12 | 3.30 | 2.41 | 1.66 | 1.48 |
| Tangible Book Value | 42.08M | 42.08M | 30.33M | 19.43M | 12.43M | 10.61M |
| Tangible Book Value Per Share | 3.29 | 3.29 | 2.44 | 2.09 | 1.34 | 1.15 |
| Machinery | 4.37M | 4.37M | 3.16M | 2.00M | 1.61M | 1.24M |
| Leasehold Improvements | 1.41M | 1.41M | 1.30M | 561.11K | 397.60K | 345.34K |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 9.14M | 9.14M | 7.53M | 5.11M | 2.67M | 2.34M |
| Depreciation & Amortization | 644.09K | 644.09K | 441.72K | 265.04K | 224.49K | 244.65K |
| Loss (Gain) From Sale of Assets | 14.81K | 14.81K | ||||
| Stock-Based Compensation | 1.17M | 1.17M | 552.80K | 1.88M | ||
| Provision & Write-off of Bad Debts | 3.99M | 3.99M | 3.41M | 348.79K | -152.89K | -42.61K |
| Other Operating Activities | -2.14K | -2.14K | 502.45K | -730.00K | -75.79K | 227.96K |
| Change in Accounts Receivable | -8.99M | -8.99M | -3.87M | -6.44M | -1.99M | -2.56M |
| Change in Accounts Payable | 69.46K | 69.46K | 1.06M | 1.28M | 163.41K | 204.12K |
| Change in Unearned Revenue | -172.45K | -172.45K | -465.49K | -887.98K | 373.27K | 1.28M |
| Change in Income Taxes | -215.58K | -215.58K | -847.09K | 1.30M | 143.22K | -1.19M |
| Change in Other Net Operating Assets | -1.63M | -1.63M | -542.97K | -484.15K | 421.73K | 584.08K |
| Operating Cash Flow | 4.03M | 4.03M | 7.77M | 1.65M | 1.77M | 1.09M |
| Capital Expenditures | -1.35M | -1.35M | -844.32K | -423.71K | -195.08K | -294.87K |
| Other Investing Activities | -6.13M | |||||
| Investing Cash Flow | -1.35M | -1.35M | -6.98M | -423.71K | -195.08K | -294.87K |
| Long-Term Debt Repaid | -844.56K | -844.56K | -388.10K | -238.55K | -168.39K | -135.97K |
| Net Debt Issued (Repaid) | -844.56K | -844.56K | -388.10K | -238.55K | -168.39K | -135.97K |
| Issuance of Common Stock | 578.23K | 578.23K | 9.54M | 33.80K | 325.00K | |
| Repurchase of Common Stock | -60.00K | |||||
| Common Dividends Paid | -916.72K | |||||
| Financing Cash Flow | -266.33K | -266.33K | 9.15M | -238.55K | -1.05M | 129.03K |
| Net Cash Flow | 2.41M | 2.41M | 9.94M | 986.54K | 523.04K | 922.76K |
| Free Cash Flow | 2.68M | 2.68M | 6.92M | 1.23M | 1.57M | 793.73K |
| Free Cash Flow Margin | 3.35% | 3.35% | 10.79% | 2.66% | 4.44% | 2.58% |
| Free Cash Flow Per Share | 0.19 | 0.19 | 0.55 | 0.13 | 0.16 | 0.08 |
| Levered Free Cash Flow | 1.15M | 1.15M | 6.37M | 1.06M | 1.83M | 864.48K |
| Unlevered Free Cash Flow | 1.19M | 1.19M | 6.44M | 1.14M | 1.89M | 930.10K |
| Cash Interest Paid | 68.15K | 68.15K | 136.27K | 118.16K | 96.26K | 104.99K |
| Cash Income Tax Paid | 3.81M | 3.81M | 3.83M | 1.30M | 1.03M | 1.94M |
| Change in Working Capital | -10.93M | -10.93M | -4.67M | -5.23M | -893.11K | -1.68M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 122.62M | 148.79M | 138.41M | |||
| Enterprise Value | 115.51M | 142.63M | 138.99M | |||
| Last Close Price | 9.57 | 11.76 | 11.18 | |||
| PE Ratio | 14.50 | 16.28 | 18.37 | |||
| Forward PE | 12.80 | 15.82 | 18.95 | |||
| PS Ratio | 1.53 | 1.86 | 2.16 | |||
| PB Ratio | 2.32 | 2.82 | 3.37 | |||
| P/TBV Ratio | 2.91 | 3.54 | 4.56 | |||
| P/FCF Ratio | 45.74 | 55.49 | 19.99 | |||
| P/OCF Ratio | 30.45 | 36.95 | 17.82 | |||
| PEG Ratio | 1.11 | 0.86 | 1.95 | |||
| EV/Sales Ratio | 1.44 | 1.78 | 2.17 | |||
| EV/EBITDA Ratio | 9.27 | 11.45 | 13.33 | |||
| EV/EBIT Ratio | 9.78 | 12.08 | 13.92 | |||
| EV/FCF Ratio | 43.08 | 53.20 | 20.07 | |||
| Debt / Equity Ratio | 0.30 | 0.30 | 0.43 | 0.22 | 0.36 | 0.07 |
| Debt / EBITDA Ratio | 0.87 | 0.87 | 1.19 | 0.49 | 0.80 | 0.27 |
| Debt / FCF Ratio | 5.83 | 5.83 | 2.55 | 3.95 | 3.53 | 1.20 |
| Net Debt / Equity Ratio | -0.14 | -0.14 | -0.06 | -0.25 | -0.24 | -0.57 |
| Net Debt / EBITDA Ratio | -0.57 | -0.57 | -0.25 | -0.85 | -0.97 | -2.25 |
| Net Debt / FCF Ratio | -2.65 | -2.65 | -0.38 | -4.52 | -2.37 | -9.85 |
| Asset Turnover | 1.08 | 1.08 | 1.23 | 1.47 | 1.48 | 1.59 |
| Quick Ratio | 3.52 | 3.52 | 2.58 | 2.24 | 1.95 | 2.35 |
| Current Ratio | 3.71 | 3.71 | 2.69 | 2.35 | 2.04 | 2.47 |
| Return on Equity (ROE) | 19.48% | 19.48% | 23.74% | 27.03% | 18.38% | 19.00% |
| Return on Assets (ROA) | 9.99% | 9.99% | 11.96% | 12.45% | 9.46% | 10.45% |
| Return on Invested Capital (ROIC) | 19.12% | 20.25% | 24.69% | 31.87% | 28.61% | 45.16% |
| Return on Capital Employed (ROCE) | 17.80% | 17.80% | 18.00% | 25.20% | 19.30% | 22.70% |
| Earnings Yield | 6.90% | 6.14% | 5.44% | |||
| FCF Yield | 2.19% | 1.80% | 5.00% | |||
| Payout Ratio | 34.38% | |||||
| Buyback Yield / Dilution | -9.86% | -9.86% | -30.89% | -0.77% | 1.08% | -6.65% |