LINC Q2 2021 Earnings — Lincoln Educational Services Corporation Revenue & Financial Results | Market Cap Arena

LINCLincoln Educational Services Corporation

$1B

Q2 2021 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$80M+28.8% YoY

Gross Profit

$47M58.1% margin

Operating Income

$3M4.3% margin

Net Income

$2M3.0% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$7M

Stock-Based Comp.

$844,000

Balance Sheet

Total Assets

$245M

Total Liabilities

$135M

Stockholders' Equity

$110M

Cash & Equivalents

$33M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$80M	$62M	+28.8%
Gross Profit	$47M	$36M	+29.1%
Operating Income	$3M	$1M	+197.6%
Net Income	$2M	$783,000	+209.8%

Revenue Segments

Transportation and Skilled Trades

$57M71%

Healthcare and Other Professions Business Segment

$23M29%