Educational Development Corporation (EDUC) 10-Year Financial Performance & Capital Metrics

EDUC • • Industrial / General

Communication ServicesPublishingChildren's Book PublishingChildren's Educational Books

AboutEducational Development Corporation, a publishing company, operates as a trade co-publisher of educational children's books in the United States. It operates through two segments, Publishing and Usborne Books & More (UBAM). The company offers various books, including touchy-feely board books, activity books and flashcards, adventure and search books, art books, sticker books, and foreign language books, as well as internet-linked books comprising science and math titles, and chapter books and novels. Educational Development Corporation markets its products to retail accounts, which include book, school supply, toy and gift stores and museums, through commissioned sales representatives, trade and specialty wholesalers, and its internal tele-sales group; and through a network of independent sales consultants through internet sales, direct sales, home shows, and book fairs. Educational Development Corporation was incorporated in 1965 and is headquartered in Tulsa, Oklahoma.Show more

Revenue $34M -33.0%
EBITDA -$5M -48.0%
Net Income -$5M -1063.4%
EPS (Diluted) -0.64 -1071.2%
Gross Margin 61.5% -4.9%
EBITDA Margin -14.77% -120.8%
Operating Margin -19.82% -71.4%
Net Margin -15.4% -1537.9%
ROE -12.24% -1115.6%
ROIC -6.66% -28.0%
Debt/Equity 0.80 +2.1%
Interest Coverage -3.10 -44.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.3x book value

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Sales declining 21.3% over 5 years

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y0.49%

5Y-21.27%

3Y-37.82%

TTM-30.65%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-67.02%

EPS CAGR

10Y-

5Y-

3Y-

TTM-63.64%

ROCE

10Y Avg10.72%

5Y Avg4.57%

3Y Avg-8.76%

Latest-11.87%

Peer Comparison

Children's Educational Books

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
EDUCEducational Development Corporation	12.34M	1.45	-2.27	-33%	-15.47%	-11.91%	22.46%	0.80

Profit & Loss

	Feb 2016	Feb 2017	Feb 2018	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Sales/Revenue+	63.62M	106.63M	111.97M	118.81M	113.01M	204.64M	142.23M	87.83M	51.03M	34.19M
Revenue Growth %	0.95%	0.68%	0.05%	0.06%	-0.05%	0.81%	-0.3%	-0.38%	-0.42%	-0.33%
Cost of Goods Sold+	20.49M	28.61M	30.93M	39.06M	36.86M	60.04M	44.3M	31.76M	18.05M	13.16M
COGS % of Revenue	0.32%	0.27%	0.28%	0.33%	0.33%	0.29%	0.31%	0.36%	0.35%	0.38%
Gross Profit+	43.12M	78.01M	81.03M	79.75M	76.15M	144.6M	97.93M	56.07M	32.98M	21.03M
Gross Margin %	0.68%	0.73%	0.72%	0.67%	0.67%	0.71%	0.69%	0.64%	0.65%	0.62%
Gross Profit Growth %	1.18%	0.81%	0.04%	-0.02%	-0.05%	0.9%	-0.32%	-0.43%	-0.41%	-0.36%
Operating Expenses+	39.81M	72.99M	73.67M	71.2M	69.11M	128.64M	87.69M	58.65M	38.89M	27.8M
OpEx % of Revenue	0.63%	0.68%	0.66%	0.6%	0.61%	0.63%	0.62%	0.67%	0.76%	0.81%
Selling, General & Admin	20.39M	49.92M	51.1M	52.64M	50.5M	92.52M	64.68M	32.98M	30.1M	27.8M
SG&A % of Revenue	0.32%	0.47%	0.46%	0.44%	0.45%	0.45%	0.45%	0.38%	0.59%	0.81%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	18.61M	36.12M	23.01M	25.68M	0	-300
Operating Income+	3.31M	5.03M	7.37M	8.55M	7.04M	15.96M	10.24M	-2.58M	-5.9M	-6.78M
Operating Margin %	0.05%	0.05%	0.07%	0.07%	0.06%	0.08%	0.07%	-0.03%	-0.12%	-0.2%
Operating Income Growth %	1.39%	0.52%	0.47%	0.16%	-0.18%	1.27%	-0.36%	-1.25%	-1.29%	-0.15%
EBITDA+	3.59M	6.11M	8.62M	10.01M	8.47M	17.59M	12.37M	-103.3K	-3.41M	-5.05M
EBITDA Margin %	0.06%	0.06%	0.08%	0.08%	0.07%	0.09%	0.09%	-0%	-0.07%	-0.15%
EBITDA Growth %	1.37%	0.7%	0.41%	0.16%	-0.15%	1.08%	-0.3%	-1.01%	-32.05%	-0.48%
D&A (Non-Cash Add-back)	274.5K	1.08M	1.25M	1.46M	1.43M	1.63M	2.13M	2.48M	2.49M	1.73M
EBIT	3.79M	5.03M	8.95M	8.55M	8.64M	17.79M	12.15M	-1.25M	3.49M	-4.67M
Net Interest Income+	-244.9K	-1.03M	-1.12M	-931.3K	-888.1K	-561K	-916.4K	-2.17M	-2.76M	-2.19M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	244.9K	1.03M	1.12M	931.3K	888.1K	561K	916.4K	2.17M	2.76M	2.19M
Other Income/Expense	232.5K	-416.4K	462.4K	628.4K	709.2K	1.28M	994.7K	-844.9K	6.64M	-79.4K
Pretax Income+	3.55M	4.61M	7.83M	9.18M	7.75M	17.23M	11.24M	-3.43M	734.5K	-6.86M
Pretax Margin %	0.06%	0.04%	0.07%	0.08%	0.07%	0.08%	0.08%	-0.04%	0.01%	-0.2%
Income Tax+	1.43M	1.75M	2.62M	2.5M	2.11M	4.61M	2.93M	-922K	188.1K	-1.59M
Effective Tax Rate %	0.6%	0.62%	0.67%	0.73%	0.73%	0.73%	0.74%	0.73%	0.74%	0.77%
Net Income+	2.12M	2.86M	5.21M	6.68M	5.65M	12.62M	8.31M	-2.5M	546.4K	-5.26M
Net Margin %	0.03%	0.03%	0.05%	0.06%	0.05%	0.06%	0.06%	-0.03%	0.01%	-0.15%
Net Income Growth %	1.47%	0.35%	0.82%	0.28%	-0.15%	1.24%	-0.34%	-1.3%	1.22%	-10.63%
Net Income (Continuing)	2.12M	2.86M	5.21M	6.68M	5.65M	12.62M	8.31M	-2.5M	546.4K	-5.26M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.26	0.35	0.64	0.81	0.68	1.50	0.98	-0.31	0.07	-0.64
EPS Growth %	1.36%	0.35%	0.83%	0.27%	-0.16%	1.21%	-0.35%	-1.32%	1.21%	-10.71%
EPS (Basic)	0.26	0.35	0.64	0.82	0.68	1.51	1.03	-0.31	0.07	-0.64
Diluted Shares Outstanding	8.1M	8.17M	8.18M	8.24M	8.32M	8.43M	8.45M	8.16M	8.29M	8.27M
Basic Shares Outstanding	8.1M	8.16M	8.18M	8.14M	8.32M	8.35M	8.04M	8.16M	8.27M	8.27M
Dividend Payout Ratio	0.65%	0.51%	-	0.18%	0.29%	0.18%	0.41%	-	-	-

Balance Sheet

	Feb 2016	Feb 2017	Feb 2018	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Total Current Assets+	22.5M	39.03M	33.3M	41.51M	37.23M	58.14M	76.51M	63.55M	66.04M	52.25M
Cash & Short-Term Investments	1.18M	699.2K	2.72M	3.2M	3M	1.81M	361.2K	689.1K	844.5K	428.4K
Cash Only	1.18M	699.2K	2.72M	3.2M	3M	1.81M	361.2K	689.1K	844.5K	428.4K
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	2.51M	2.92M	2.91M	3.26M	3.19M	3.35M	3.64M	2.91M	1.94M	2.13M
Days Sales Outstanding	14.42	9.99	9.5	10.01	10.3	5.97	9.34	12.08	13.85	22.7
Inventory	17.48M	34.25M	26.62M	33.45M	30.09M	51.76M	71.55M	59.09M	43.91M	29.1M
Days Inventory Outstanding	311.31	436.94	314.11	312.51	297.91	314.69	589.58	679.07	888.22	806.91
Other Current Assets	298.2K	0	0	0	0	0	0	869.3K	18.91M	19.93M
Total Non-Current Assets+	27.19M	27.29M	28.32M	27.76M	27.48M	30.71M	33.42M	36.39M	24.07M	26.07M
Property, Plant & Equipment	26.71M	27.03M	27.86M	27.16M	26.38M	29.95M	30.48M	29.66M	10.55M	7.51M
Fixed Asset Turnover	2.38x	3.94x	4.02x	4.37x	4.28x	6.83x	4.67x	2.96x	4.83x	4.55x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	431K	125.5K	462.8K	594.5K	1.1M	-434.9K	2.82M	5.93M	13.51M	16.02M
Total Assets+	49.7M	66.32M	61.62M	69.27M	64.7M	88.85M	109.93M	99.94M	90.11M	78.31M
Asset Turnover	1.28x	1.61x	1.82x	1.72x	1.75x	2.30x	1.29x	0.88x	0.57x	0.44x
Asset Growth %	1.76%	0.33%	-0.07%	0.12%	-0.07%	0.37%	0.24%	-0.09%	-0.1%	-0.13%
Total Current Liabilities+	18.78M	30.1M	21.15M	23.52M	16.39M	37.92M	40.26M	54.12M	17.01M	37.22M
Accounts Payable	7.8M	17.57M	12.47M	14.23M	9.66M	19.67M	12.41M	3.86M	3.91M	1.85M
Days Payables Outstanding	138.94	224.07	147.14	132.95	95.66	119.61	102.27	44.41	79.09	51.23
Short-Term Debt	3.95M	5.78M	881.2K	945.9K	1.03M	5.78M	20.27M	45.53M	7.3M	31.29M
Deferred Revenue (Current)	1000K	633.1K	693K	965.6K	385.3K	1000K	681.6K	602.7K	583.5K	491.8K
Other Current Liabilities	2.1M	3.22M	959.9K	4.59M	3.66M	6.92M	4.66M	2.95M	3.34M	502.9K
Current Ratio	1.20x	1.30x	1.57x	1.76x	2.27x	1.53x	1.90x	1.17x	3.88x	1.40x
Quick Ratio	0.27x	0.16x	0.32x	0.34x	0.44x	0.17x	0.12x	0.08x	1.30x	0.62x
Cash Conversion Cycle	186.79	222.86	176.47	189.57	212.55	201.05	496.65	646.74	822.99	778.38
Total Non-Current Liabilities+	17.69M	21M	20.07M	19.81M	18.92M	10.68M	22.91M	586.8K	27.64M	524K
Long-Term Debt	17.69M	20.67M	19.83M	18.83M	17.78M	10.45M	22.41M	0	26.64M	0
Capital Lease Obligations	0	0	0	0	31.7K	20.4K	384.8K	475.8K	888K	411.1K
Deferred Tax Liabilities	0	338.6K	136.9K	872.6K	993.3K	89.9K	1.4M	0	0	0
Other Non-Current Liabilities	0	0	106K	109K	114.1K	113.9K	114.1K	111K	111K	112.9K
Total Liabilities	36.47M	51.1M	41.22M	43.34M	35.31M	48.59M	63.17M	54.7M	44.65M	37.75M
Total Debt+	21.63M	26.45M	20.71M	19.78M	18.81M	16.23M	43.17M	45.53M	35.55M	32.4M
Net Debt	20.45M	25.75M	17.98M	16.58M	15.81M	14.42M	42.81M	44.84M	34.71M	31.97M
Debt / Equity	1.64x	1.74x	1.01x	0.76x	0.64x	0.40x	0.92x	1.01x	0.78x	0.80x
Debt / EBITDA	6.03x	4.33x	2.40x	1.98x	2.22x	0.92x	3.49x	-	-	-
Net Debt / EBITDA	5.70x	4.22x	2.09x	1.66x	1.87x	0.82x	3.46x	-	-	-
Interest Coverage	13.53x	4.89x	6.58x	9.18x	7.93x	28.44x	11.18x	-1.19x	-2.14x	-3.10x
Total Equity+	13.23M	15.22M	20.4M	25.93M	29.39M	40.26M	46.77M	45.23M	45.45M	40.57M
Equity Growth %	0.07%	0.15%	0.34%	0.27%	0.13%	0.37%	0.16%	-0.03%	0%	-0.11%
Book Value per Share	1.63	1.86	2.49	3.15	3.53	4.78	5.53	5.54	5.49	4.90
Total Shareholders' Equity	13.23M	15.22M	20.4M	25.93M	29.39M	40.26M	46.77M	45.23M	45.45M	40.57M
Common Stock	1.21M	1.21M	1.21M	2.42M	2.48M	2.48M	2.54M	2.54M	2.54M	2.54M
Retained Earnings	14.56M	16.32M	21.53M	25.75M	29.73M	39.68M	44.53M	42.02M	42.57M	37.3M
Treasury Stock	-11.08M	-10.86M	-11.3M	-11.22M	-12.67M	-12.77M	-12.55M	-12.52M	-13.09M	-13.06M
Accumulated OCI	-3.34M	-4.42M	-5.67M	0	0	0	0	0	24.4K	-15.4K
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Feb 2016	Feb 2017	Feb 2018	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Cash from Operations+	6.65M	-1.57M	9.23M	3.95M	4.24M	7.82M	-21.14M	58.5K	8.75M	3.21M
Operating CF Margin %	0.1%	-0.01%	0.08%	0.03%	0.04%	0.04%	-0.15%	0%	0.17%	0.09%
Operating CF Growth %	26.42%	-1.24%	6.87%	-0.57%	0.08%	0.84%	-3.7%	1%	148.58%	-0.63%
Net Income	2.12M	2.86M	5.21M	6.68M	5.65M	12.62M	8.31M	-2.5M	546.4K	-5.26M
Depreciation & Amortization	274.5K	1.08M	1.25M	1.46M	1.43M	1.63M	2.13M	2.48M	2.49M	1.72M
Stock-Based Compensation	0	0	0	401.8K	665.1K	938.6K	1.05M	907.8K	212K	403.3K
Deferred Taxes	-19.1K	221.1K	264.9K	735.7K	120.7K	-903.4K	-208.6K	-678.1K	-609.7K	-1.13M
Other Non-Cash Items	1.17M	1.34M	822.7K	214.8K	382.3K	338.4K	351.5K	715.9K	-3.9M	513.4K
Working Capital Changes	3.1M	-7.07M	1.68M	-5.54M	-3.99M	-6.81M	-32.77M	-860.9K	10.01M	6.96M
Change in Receivables	-676.2K	-686.9K	-407.7K	-419.1K	227.7K	-519.4K	-407.9K	732.1K	936.5K	-237.1K
Change in Inventory	-6.05M	-16.77M	7.08M	-7.11M	2.6M	-21.54M	-21.4M	9.09M	8.13M	10.75M
Change in Payables	6.84M	11.43M	-4.92M	2.4M	-4.57M	8.95M	-6.2M	-8.55M	46.3K	-2.06M
Cash from Investing+	-24.91M	-2.49M	-1.44M	-1.4M	-638.8K	-4.15M	-3.94M	-1.76M	4.04M	-429.6K
Capital Expenditures	-24.91M	-2.49M	-1.44M	-1.4M	-638.8K	-4.15M	-3.72M	-1.58M	-821.8K	-439.4K
CapEx % of Revenue	0.39%	0.02%	0.01%	0.01%	0.01%	0.02%	0.03%	0.02%	0.02%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	-223.7K	-177K	4.86M	9.8K
Cash from Financing+	19.06M	3.57M	-5.77M	-2.07M	-3.81M	-4.86M	23.63M	2.03M	-12.2M	-3.08M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-1.37M	-1.47M	0	-1.23M	-1.66M	-2.26M	-3.43M	-870.7K	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	26.3K	0	0	5.25M	12.48M	-178.4K	-5.14M	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-18.26M	-4.06M	7.79M	2.55M	3.61M	3.67M	-24.86M	-1.52M	7.93M	2.77M
FCF Margin %	-0.29%	-0.04%	0.07%	0.02%	0.03%	0.02%	-0.17%	-0.02%	0.16%	0.08%
FCF Growth %	-30.13%	0.78%	2.92%	-0.67%	0.42%	0.02%	-7.77%	0.94%	6.22%	-0.65%
FCF per Share	-2.25	-0.50	0.95	0.31	0.43	0.44	-2.94	-0.19	0.96	0.34
FCF Conversion (FCF/Net Income)	3.14x	-0.55x	1.77x	0.59x	0.75x	0.62x	-2.55x	-0.02x	16.02x	-0.61x
Interest Paid	179.8K	1.01M	1.12M	926.9K	899.1K	582K	890K	0	2.81M	2.16M
Taxes Paid	706.4K	543.8K	2.07M	2.87M	3.08M	4.81M	2.97M	0	24.4K	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	16.58%	20.11%	29.28%	28.83%	20.41%	36.25%	19.09%	-5.45%	1.21%	-12.24%
Return on Invested Capital (ROIC)	10.57%	10.1%	13.93%	15.86%	12.04%	23.96%	10.65%	-2.16%	-5.2%	-6.66%
Gross Margin	67.79%	73.17%	72.37%	67.12%	67.38%	70.66%	68.85%	63.84%	64.64%	61.5%
Net Margin	3.33%	2.68%	4.66%	5.62%	5%	6.17%	5.84%	-2.85%	1.07%	-15.4%
Debt / Equity	1.64x	1.74x	1.01x	0.76x	0.64x	0.40x	0.92x	1.01x	0.78x	0.80x
Interest Coverage	13.53x	4.89x	6.58x	9.18x	7.93x	28.44x	11.18x	-1.19x	-2.14x	-3.10x
FCF Conversion	3.14x	-0.55x	1.77x	0.59x	0.75x	0.62x	-2.55x	-0.02x	16.02x	-0.61x
Revenue Growth	95.46%	67.61%	5.01%	6.11%	-4.88%	81.07%	-30.5%	-38.25%	-41.9%	-33%

Revenue by Segment

	2014	2015	2016	2017	2018	2019	2020	2021	2022	2025
Product	-	-	-	-	-	-	-	-	-	32.55M
Product Growth	-	-	-	-	-	-	-	-	-	-
UsborneBooksAndMoreMember	-	-	-	-	-	-	-	-	128.98M	-
UsborneBooksAndMoreMember Growth	-	-	-	-	-	-	-	-	-	-
PublishingMember	-	-	-	-	-	-	-	-	13.25M	-
PublishingMember Growth	-	-	-	-	-	-	-	-	-	-
TransportationRevenueMember	-	-	-	-	-	-	10.06M	23.86M	-	-
TransportationRevenueMember Growth	-	-	-	-	-	-	-	137.18%	-	-
GrossSalesMember	-	-	-	-	-	-	149.94M	-	-	-
GrossSalesMember Growth	-	-	-	-	-	-	-	-	-	-
Transportation Revenue	-	-	-	-	11.05M	10.7M	-	-	-	-
Transportation Revenue Growth	-	-	-	-	-	-3.19%	-	-	-	-
Usborne Books And More	15.13M	21.02M	52.79M	97.62M	-	-	-	-	-	-
Usborne Books And More Growth	-	38.91%	151.18%	84.93%	-	-	-	-	-	-
Publishing	10.97M	11.53M	10.83M	9.01M	-	-	-	-	-	-
Publishing Growth	-	5.14%	-6.08%	-16.84%	-	-	-	-	-	-
Others	-	-	-	-	-	-	-	-	-	-
Others Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Educational Development Corporation (EDUC) reported $29.4M in revenue for fiscal year 2025. This represents a 12% increase from $26.3M in 2012.

Educational Development Corporation (EDUC) saw revenue decline by 33.0% over the past year.

Educational Development Corporation (EDUC) reported a net loss of $4.6M for fiscal year 2025.

Dividend & Returns

Educational Development Corporation (EDUC) has a return on equity (ROE) of -12.2%. Negative ROE indicates the company is unprofitable.

Educational Development Corporation (EDUC) generated $3.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...

Educational Development Corporation (EDUC) 10-Year Financial Performance & Capital Metrics

EDUC • • Industrial / General

Communication ServicesPublishingChildren's Book PublishingChildren's Educational Books

Revenue $34M -33.0%
EBITDA -$5M -48.0%
Net Income -$5M -1063.4%
EPS (Diluted) -0.64 -1071.2%
Gross Margin 61.5% -4.9%
EBITDA Margin -14.77% -120.8%
Operating Margin -19.82% -71.4%
Net Margin -15.4% -1537.9%
ROE -12.24% -1115.6%
ROIC -6.66% -28.0%
Debt/Equity 0.80 +2.1%
Interest Coverage -3.10 -44.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.3x book value

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Sales declining 21.3% over 5 years

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y0.49%

5Y-21.27%

3Y-37.82%

TTM-30.65%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-67.02%

EPS CAGR

10Y-

5Y-

3Y-

TTM-63.64%

ROCE

10Y Avg10.72%

5Y Avg4.57%

3Y Avg-8.76%

Latest-11.87%

Peer Comparison

Children's Educational Books

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
EDUCEducational Development Corporation	12.34M	1.45	-2.27	-33%	-15.47%	-11.91%	22.46%	0.80

Profit & Loss

	Feb 2016	Feb 2017	Feb 2018	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Sales/Revenue+	63.62M	106.63M	111.97M	118.81M	113.01M	204.64M	142.23M	87.83M	51.03M	34.19M
Revenue Growth %	0.95%	0.68%	0.05%	0.06%	-0.05%	0.81%	-0.3%	-0.38%	-0.42%	-0.33%
Cost of Goods Sold+	20.49M	28.61M	30.93M	39.06M	36.86M	60.04M	44.3M	31.76M	18.05M	13.16M
COGS % of Revenue	0.32%	0.27%	0.28%	0.33%	0.33%	0.29%	0.31%	0.36%	0.35%	0.38%
Gross Profit+	43.12M	78.01M	81.03M	79.75M	76.15M	144.6M	97.93M	56.07M	32.98M	21.03M
Gross Margin %	0.68%	0.73%	0.72%	0.67%	0.67%	0.71%	0.69%	0.64%	0.65%	0.62%
Gross Profit Growth %	1.18%	0.81%	0.04%	-0.02%	-0.05%	0.9%	-0.32%	-0.43%	-0.41%	-0.36%
Operating Expenses+	39.81M	72.99M	73.67M	71.2M	69.11M	128.64M	87.69M	58.65M	38.89M	27.8M
OpEx % of Revenue	0.63%	0.68%	0.66%	0.6%	0.61%	0.63%	0.62%	0.67%	0.76%	0.81%
Selling, General & Admin	20.39M	49.92M	51.1M	52.64M	50.5M	92.52M	64.68M	32.98M	30.1M	27.8M
SG&A % of Revenue	0.32%	0.47%	0.46%	0.44%	0.45%	0.45%	0.45%	0.38%	0.59%	0.81%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	18.61M	36.12M	23.01M	25.68M	0	-300
Operating Income+	3.31M	5.03M	7.37M	8.55M	7.04M	15.96M	10.24M	-2.58M	-5.9M	-6.78M
Operating Margin %	0.05%	0.05%	0.07%	0.07%	0.06%	0.08%	0.07%	-0.03%	-0.12%	-0.2%
Operating Income Growth %	1.39%	0.52%	0.47%	0.16%	-0.18%	1.27%	-0.36%	-1.25%	-1.29%	-0.15%
EBITDA+	3.59M	6.11M	8.62M	10.01M	8.47M	17.59M	12.37M	-103.3K	-3.41M	-5.05M
EBITDA Margin %	0.06%	0.06%	0.08%	0.08%	0.07%	0.09%	0.09%	-0%	-0.07%	-0.15%
EBITDA Growth %	1.37%	0.7%	0.41%	0.16%	-0.15%	1.08%	-0.3%	-1.01%	-32.05%	-0.48%
D&A (Non-Cash Add-back)	274.5K	1.08M	1.25M	1.46M	1.43M	1.63M	2.13M	2.48M	2.49M	1.73M
EBIT	3.79M	5.03M	8.95M	8.55M	8.64M	17.79M	12.15M	-1.25M	3.49M	-4.67M
Net Interest Income+	-244.9K	-1.03M	-1.12M	-931.3K	-888.1K	-561K	-916.4K	-2.17M	-2.76M	-2.19M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	244.9K	1.03M	1.12M	931.3K	888.1K	561K	916.4K	2.17M	2.76M	2.19M
Other Income/Expense	232.5K	-416.4K	462.4K	628.4K	709.2K	1.28M	994.7K	-844.9K	6.64M	-79.4K
Pretax Income+	3.55M	4.61M	7.83M	9.18M	7.75M	17.23M	11.24M	-3.43M	734.5K	-6.86M
Pretax Margin %	0.06%	0.04%	0.07%	0.08%	0.07%	0.08%	0.08%	-0.04%	0.01%	-0.2%
Income Tax+	1.43M	1.75M	2.62M	2.5M	2.11M	4.61M	2.93M	-922K	188.1K	-1.59M
Effective Tax Rate %	0.6%	0.62%	0.67%	0.73%	0.73%	0.73%	0.74%	0.73%	0.74%	0.77%
Net Income+	2.12M	2.86M	5.21M	6.68M	5.65M	12.62M	8.31M	-2.5M	546.4K	-5.26M
Net Margin %	0.03%	0.03%	0.05%	0.06%	0.05%	0.06%	0.06%	-0.03%	0.01%	-0.15%
Net Income Growth %	1.47%	0.35%	0.82%	0.28%	-0.15%	1.24%	-0.34%	-1.3%	1.22%	-10.63%
Net Income (Continuing)	2.12M	2.86M	5.21M	6.68M	5.65M	12.62M	8.31M	-2.5M	546.4K	-5.26M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.26	0.35	0.64	0.81	0.68	1.50	0.98	-0.31	0.07	-0.64
EPS Growth %	1.36%	0.35%	0.83%	0.27%	-0.16%	1.21%	-0.35%	-1.32%	1.21%	-10.71%
EPS (Basic)	0.26	0.35	0.64	0.82	0.68	1.51	1.03	-0.31	0.07	-0.64
Diluted Shares Outstanding	8.1M	8.17M	8.18M	8.24M	8.32M	8.43M	8.45M	8.16M	8.29M	8.27M
Basic Shares Outstanding	8.1M	8.16M	8.18M	8.14M	8.32M	8.35M	8.04M	8.16M	8.27M	8.27M
Dividend Payout Ratio	0.65%	0.51%	-	0.18%	0.29%	0.18%	0.41%	-	-	-

Balance Sheet

	Feb 2016	Feb 2017	Feb 2018	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Total Current Assets+	22.5M	39.03M	33.3M	41.51M	37.23M	58.14M	76.51M	63.55M	66.04M	52.25M
Cash & Short-Term Investments	1.18M	699.2K	2.72M	3.2M	3M	1.81M	361.2K	689.1K	844.5K	428.4K
Cash Only	1.18M	699.2K	2.72M	3.2M	3M	1.81M	361.2K	689.1K	844.5K	428.4K
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	2.51M	2.92M	2.91M	3.26M	3.19M	3.35M	3.64M	2.91M	1.94M	2.13M
Days Sales Outstanding	14.42	9.99	9.5	10.01	10.3	5.97	9.34	12.08	13.85	22.7
Inventory	17.48M	34.25M	26.62M	33.45M	30.09M	51.76M	71.55M	59.09M	43.91M	29.1M
Days Inventory Outstanding	311.31	436.94	314.11	312.51	297.91	314.69	589.58	679.07	888.22	806.91
Other Current Assets	298.2K	0	0	0	0	0	0	869.3K	18.91M	19.93M
Total Non-Current Assets+	27.19M	27.29M	28.32M	27.76M	27.48M	30.71M	33.42M	36.39M	24.07M	26.07M
Property, Plant & Equipment	26.71M	27.03M	27.86M	27.16M	26.38M	29.95M	30.48M	29.66M	10.55M	7.51M
Fixed Asset Turnover	2.38x	3.94x	4.02x	4.37x	4.28x	6.83x	4.67x	2.96x	4.83x	4.55x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	431K	125.5K	462.8K	594.5K	1.1M	-434.9K	2.82M	5.93M	13.51M	16.02M
Total Assets+	49.7M	66.32M	61.62M	69.27M	64.7M	88.85M	109.93M	99.94M	90.11M	78.31M
Asset Turnover	1.28x	1.61x	1.82x	1.72x	1.75x	2.30x	1.29x	0.88x	0.57x	0.44x
Asset Growth %	1.76%	0.33%	-0.07%	0.12%	-0.07%	0.37%	0.24%	-0.09%	-0.1%	-0.13%
Total Current Liabilities+	18.78M	30.1M	21.15M	23.52M	16.39M	37.92M	40.26M	54.12M	17.01M	37.22M
Accounts Payable	7.8M	17.57M	12.47M	14.23M	9.66M	19.67M	12.41M	3.86M	3.91M	1.85M
Days Payables Outstanding	138.94	224.07	147.14	132.95	95.66	119.61	102.27	44.41	79.09	51.23
Short-Term Debt	3.95M	5.78M	881.2K	945.9K	1.03M	5.78M	20.27M	45.53M	7.3M	31.29M
Deferred Revenue (Current)	1000K	633.1K	693K	965.6K	385.3K	1000K	681.6K	602.7K	583.5K	491.8K
Other Current Liabilities	2.1M	3.22M	959.9K	4.59M	3.66M	6.92M	4.66M	2.95M	3.34M	502.9K
Current Ratio	1.20x	1.30x	1.57x	1.76x	2.27x	1.53x	1.90x	1.17x	3.88x	1.40x
Quick Ratio	0.27x	0.16x	0.32x	0.34x	0.44x	0.17x	0.12x	0.08x	1.30x	0.62x
Cash Conversion Cycle	186.79	222.86	176.47	189.57	212.55	201.05	496.65	646.74	822.99	778.38
Total Non-Current Liabilities+	17.69M	21M	20.07M	19.81M	18.92M	10.68M	22.91M	586.8K	27.64M	524K
Long-Term Debt	17.69M	20.67M	19.83M	18.83M	17.78M	10.45M	22.41M	0	26.64M	0
Capital Lease Obligations	0	0	0	0	31.7K	20.4K	384.8K	475.8K	888K	411.1K
Deferred Tax Liabilities	0	338.6K	136.9K	872.6K	993.3K	89.9K	1.4M	0	0	0
Other Non-Current Liabilities	0	0	106K	109K	114.1K	113.9K	114.1K	111K	111K	112.9K
Total Liabilities	36.47M	51.1M	41.22M	43.34M	35.31M	48.59M	63.17M	54.7M	44.65M	37.75M
Total Debt+	21.63M	26.45M	20.71M	19.78M	18.81M	16.23M	43.17M	45.53M	35.55M	32.4M
Net Debt	20.45M	25.75M	17.98M	16.58M	15.81M	14.42M	42.81M	44.84M	34.71M	31.97M
Debt / Equity	1.64x	1.74x	1.01x	0.76x	0.64x	0.40x	0.92x	1.01x	0.78x	0.80x
Debt / EBITDA	6.03x	4.33x	2.40x	1.98x	2.22x	0.92x	3.49x	-	-	-
Net Debt / EBITDA	5.70x	4.22x	2.09x	1.66x	1.87x	0.82x	3.46x	-	-	-
Interest Coverage	13.53x	4.89x	6.58x	9.18x	7.93x	28.44x	11.18x	-1.19x	-2.14x	-3.10x
Total Equity+	13.23M	15.22M	20.4M	25.93M	29.39M	40.26M	46.77M	45.23M	45.45M	40.57M
Equity Growth %	0.07%	0.15%	0.34%	0.27%	0.13%	0.37%	0.16%	-0.03%	0%	-0.11%
Book Value per Share	1.63	1.86	2.49	3.15	3.53	4.78	5.53	5.54	5.49	4.90
Total Shareholders' Equity	13.23M	15.22M	20.4M	25.93M	29.39M	40.26M	46.77M	45.23M	45.45M	40.57M
Common Stock	1.21M	1.21M	1.21M	2.42M	2.48M	2.48M	2.54M	2.54M	2.54M	2.54M
Retained Earnings	14.56M	16.32M	21.53M	25.75M	29.73M	39.68M	44.53M	42.02M	42.57M	37.3M
Treasury Stock	-11.08M	-10.86M	-11.3M	-11.22M	-12.67M	-12.77M	-12.55M	-12.52M	-13.09M	-13.06M
Accumulated OCI	-3.34M	-4.42M	-5.67M	0	0	0	0	0	24.4K	-15.4K
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Feb 2016	Feb 2017	Feb 2018	Feb 2019	Feb 2020	Feb 2021	Feb 2022	Feb 2023	Feb 2024	Feb 2025
Cash from Operations+	6.65M	-1.57M	9.23M	3.95M	4.24M	7.82M	-21.14M	58.5K	8.75M	3.21M
Operating CF Margin %	0.1%	-0.01%	0.08%	0.03%	0.04%	0.04%	-0.15%	0%	0.17%	0.09%
Operating CF Growth %	26.42%	-1.24%	6.87%	-0.57%	0.08%	0.84%	-3.7%	1%	148.58%	-0.63%
Net Income	2.12M	2.86M	5.21M	6.68M	5.65M	12.62M	8.31M	-2.5M	546.4K	-5.26M
Depreciation & Amortization	274.5K	1.08M	1.25M	1.46M	1.43M	1.63M	2.13M	2.48M	2.49M	1.72M
Stock-Based Compensation	0	0	0	401.8K	665.1K	938.6K	1.05M	907.8K	212K	403.3K
Deferred Taxes	-19.1K	221.1K	264.9K	735.7K	120.7K	-903.4K	-208.6K	-678.1K	-609.7K	-1.13M
Other Non-Cash Items	1.17M	1.34M	822.7K	214.8K	382.3K	338.4K	351.5K	715.9K	-3.9M	513.4K
Working Capital Changes	3.1M	-7.07M	1.68M	-5.54M	-3.99M	-6.81M	-32.77M	-860.9K	10.01M	6.96M
Change in Receivables	-676.2K	-686.9K	-407.7K	-419.1K	227.7K	-519.4K	-407.9K	732.1K	936.5K	-237.1K
Change in Inventory	-6.05M	-16.77M	7.08M	-7.11M	2.6M	-21.54M	-21.4M	9.09M	8.13M	10.75M
Change in Payables	6.84M	11.43M	-4.92M	2.4M	-4.57M	8.95M	-6.2M	-8.55M	46.3K	-2.06M
Cash from Investing+	-24.91M	-2.49M	-1.44M	-1.4M	-638.8K	-4.15M	-3.94M	-1.76M	4.04M	-429.6K
Capital Expenditures	-24.91M	-2.49M	-1.44M	-1.4M	-638.8K	-4.15M	-3.72M	-1.58M	-821.8K	-439.4K
CapEx % of Revenue	0.39%	0.02%	0.01%	0.01%	0.01%	0.02%	0.03%	0.02%	0.02%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	-223.7K	-177K	4.86M	9.8K
Cash from Financing+	19.06M	3.57M	-5.77M	-2.07M	-3.81M	-4.86M	23.63M	2.03M	-12.2M	-3.08M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-1.37M	-1.47M	0	-1.23M	-1.66M	-2.26M	-3.43M	-870.7K	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	26.3K	0	0	5.25M	12.48M	-178.4K	-5.14M	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-18.26M	-4.06M	7.79M	2.55M	3.61M	3.67M	-24.86M	-1.52M	7.93M	2.77M
FCF Margin %	-0.29%	-0.04%	0.07%	0.02%	0.03%	0.02%	-0.17%	-0.02%	0.16%	0.08%
FCF Growth %	-30.13%	0.78%	2.92%	-0.67%	0.42%	0.02%	-7.77%	0.94%	6.22%	-0.65%
FCF per Share	-2.25	-0.50	0.95	0.31	0.43	0.44	-2.94	-0.19	0.96	0.34
FCF Conversion (FCF/Net Income)	3.14x	-0.55x	1.77x	0.59x	0.75x	0.62x	-2.55x	-0.02x	16.02x	-0.61x
Interest Paid	179.8K	1.01M	1.12M	926.9K	899.1K	582K	890K	0	2.81M	2.16M
Taxes Paid	706.4K	543.8K	2.07M	2.87M	3.08M	4.81M	2.97M	0	24.4K	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	16.58%	20.11%	29.28%	28.83%	20.41%	36.25%	19.09%	-5.45%	1.21%	-12.24%
Return on Invested Capital (ROIC)	10.57%	10.1%	13.93%	15.86%	12.04%	23.96%	10.65%	-2.16%	-5.2%	-6.66%
Gross Margin	67.79%	73.17%	72.37%	67.12%	67.38%	70.66%	68.85%	63.84%	64.64%	61.5%
Net Margin	3.33%	2.68%	4.66%	5.62%	5%	6.17%	5.84%	-2.85%	1.07%	-15.4%
Debt / Equity	1.64x	1.74x	1.01x	0.76x	0.64x	0.40x	0.92x	1.01x	0.78x	0.80x
Interest Coverage	13.53x	4.89x	6.58x	9.18x	7.93x	28.44x	11.18x	-1.19x	-2.14x	-3.10x
FCF Conversion	3.14x	-0.55x	1.77x	0.59x	0.75x	0.62x	-2.55x	-0.02x	16.02x	-0.61x
Revenue Growth	95.46%	67.61%	5.01%	6.11%	-4.88%	81.07%	-30.5%	-38.25%	-41.9%	-33%

Revenue by Segment

	2014	2015	2016	2017	2018	2019	2020	2021	2022	2025
Product	-	-	-	-	-	-	-	-	-	32.55M
Product Growth	-	-	-	-	-	-	-	-	-	-
UsborneBooksAndMoreMember	-	-	-	-	-	-	-	-	128.98M	-
UsborneBooksAndMoreMember Growth	-	-	-	-	-	-	-	-	-	-
PublishingMember	-	-	-	-	-	-	-	-	13.25M	-
PublishingMember Growth	-	-	-	-	-	-	-	-	-	-
TransportationRevenueMember	-	-	-	-	-	-	10.06M	23.86M	-	-
TransportationRevenueMember Growth	-	-	-	-	-	-	-	137.18%	-	-
GrossSalesMember	-	-	-	-	-	-	149.94M	-	-	-
GrossSalesMember Growth	-	-	-	-	-	-	-	-	-	-
Transportation Revenue	-	-	-	-	11.05M	10.7M	-	-	-	-
Transportation Revenue Growth	-	-	-	-	-	-3.19%	-	-	-	-
Usborne Books And More	15.13M	21.02M	52.79M	97.62M	-	-	-	-	-	-
Usborne Books And More Growth	-	38.91%	151.18%	84.93%	-	-	-	-	-	-
Publishing	10.97M	11.53M	10.83M	9.01M	-	-	-	-	-	-
Publishing Growth	-	5.14%	-6.08%	-16.84%	-	-	-	-	-	-
Others	-	-	-	-	-	-	-	-	-	-
Others Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Educational Development Corporation (EDUC) reported $29.4M in revenue for fiscal year 2025. This represents a 12% increase from $26.3M in 2012.

Educational Development Corporation (EDUC) saw revenue decline by 33.0% over the past year.

Educational Development Corporation (EDUC) reported a net loss of $4.6M for fiscal year 2025.

Dividend & Returns

Educational Development Corporation (EDUC) has a return on equity (ROE) of -12.2%. Negative ROE indicates the company is unprofitable.

Educational Development Corporation (EDUC) generated $3.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.