LINCLincoln Educational Services Corporation

$1B

Q1 2020 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$70M+10.7% YoY

Gross Profit

$40M56.8% margin

Operating Income

-$1M-1.9% margin

Net Income

-$2M-2.5% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

-5.2%

Cash Flow

Operating Cash Flow

-$12M

Free Cash Flow

-$13M

Stock-Based Comp.

$291,000

Balance Sheet

Total Assets

$169M

Total Liabilities

$116M

Stockholders' Equity

$53M

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$70M	$63M	+10.7%
Gross Profit	$40M	$33M	+19.6%
Operating Income	-$1M	-$5M	+72.3%
Net Income	-$2M	-$5M	+68.0%

Revenue Segments

Transportation and Skilled Trades

$49M70%

Healthcare and Other Professions Business Segment

$21M30%

LINC Q1 2020 Earnings — Lincoln Educational Services Corporation Revenue & Financial Results | Market Cap Arena