LINC FY 2022 Earnings — Lincoln Educational Services Corporation Revenue & Financial Results | Market Cap Arena

LINCLincoln Educational Services Corporation

$1B

FY 2022 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$348M+3.9% YoY

Gross Profit

$200M57.3% margin

Operating Income

$16M4.7% margin

Net Income

$13M3.6% margin

EPS (Diluted)

$0.36

Cash Flow

Operating Cash Flow

$882,000

Free Cash Flow

-$8M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$292M

Total Liabilities

$147M

Stockholders' Equity

$145M

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$348M	$335M	+3.9%
Gross Profit	$200M	$196M	+1.6%
Operating Income	$16M	$49M	-67.0%
Net Income	$13M	$35M	-63.6%