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Consumer Defensive - Education & Training Services - NASDAQ - US
$ 15.19
-1.49 %
$ 478 M
Market Cap
60.76
P/E
INCOME STATEMENT
378 M REVENUE
8.55%
33.4 M OPERATING INCOME
200.36%
26 M NET INCOME
105.77%
EFFICIENCY
Earnings Waterfall Lincoln Educational Services Corporation
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Revenue 378 M
Cost Of Revenue 162 M
Gross Profit 216 M
Operating Expenses 209 M
Operating Income 33.4 M
Other Expenses 7.36 M
Net Income 26 M

Income Statement

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017 Dec-2016 Dec-2015 Dec-2014 Dec-2013 Dec-2012 Dec-2011 Dec-2010 Dec-2009 Dec-2008 Dec-2007 Dec-2006 Dec-2005 Dec-2004 Dec-2003 Dec-2002 Dec-2001
REVENUE
Revenue 378.1 348.3 335.3 293.1 273.3 263.2 261.9 196.9 193.2 325.0 345.0 402.7 512.6 639.5 552.5 376.9 327.8 321.5 299.2 261.3 198.9 139.2 105.7
GROSS PROFIT
Cost Of Revenue 162.3 148.7 138.9 122.2 123.5 125.4 129.4 94.9 92.2 164.4 172.7 192.2 223.0 239.7 211.3 153.5 139.5 136.6 121.5 104.8 85.2 66.6 53.0
Gross Profit 215.8 199.5 196.4 170.9 149.8 137.8 132.4 102.0 101.1 160.7 172.3 210.5 289.7 399.8 341.2 223.4 188.3 184.9 177.7 156.4 113.7 72.6 52.8
OPERATING INCOME
Operating Expenses 209.1 182.4 168.9 156.2 145.2 141.2 138.8 103.1 98.3 168.4 178.5 204.3 244.4 270.9 252.7 187.8 162.4 156.9 145.2 131.3 97.7 (70.7) 59.0
Selling, General and Administrative Expenses 209.1 182.4 168.9 156.2 145.2 141.2 138.8 103.1 98.3 168.4 178.5 204.3 244.4 270.9 252.7 187.7 162.4 157.3 145.2 130.9 97.7 0 59.0
Research and Development Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Income 33.4 11.1 20.3 7.3 5.2 (4.0) (4.7) (5.2) 0.8 (48.5) (9.6) (27.7) 34.9 122.6 88.3 35.6 25.9 28.0 32.5 25.1 16.0 1.9 (6.2)
PRE-TAX INCOME
Interest Income Expense 0.3 0.2 2.0 1.3 3.0 2.4 7.1 6.0 7.4 5.6 4.7 4.5 4.4 4.5 4.3 2.2 (2.3) 0 0 0 0 0 0
Total Other Income 2.3 0.2 (2.0) (1.3) (3.0) (2.4) (7.0) 0.8 (0.3) (30.1) (4.6) (19.4) (4.4) (4.5) (4.2) (2.0) (2.1) (1.4) 0.7 (2.9) (2.1) (2.7) (1.4)
Pre-Tax Income 35.6 16.4 47.2 13.5 2.3 (6.3) (11.8) (4.3) (2.5) (53.7) (14.2) (32.1) 30.6 118.2 84.1 33.5 23.8 26.6 30.6 22.2 13.6 (0.8) (7.6)
NET INCOME
Tax Provision 9.6 3.8 12.5 (35.1) 0.3 0.2 (0.3) 0.2 0.2 (4.2) 19.6 (8.2) 13.0 48.5 34.9 13.3 9.9 11.0 11.9 9.2 5.4 (0.1) (2.9)
Net Income 26.0 12.6 34.7 48.6 2.0 (6.5) (11.5) (28.3) (3.4) (56.1) (51.3) (37.2) 17.5 69.7 49.2 20.2 8.3 15.6 18.7 13.0 8.2 (0.7) (4.6)
EPS 0.86 0.36 1.04 1.49 0.0783 0.27 0.48 1.21 0.14 2.46 2.28 1.68 0.8 2.86 1.87 0.8 0.33 0.61 0.8 0.6 0.38 0.0311 0.22