LINC Q4 2022 Earnings — Lincoln Educational Services Corporation Revenue & Financial Results | Market Cap Arena

LINCLincoln Educational Services Corporation

$1B

Q4 2022 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$92M+4.5% YoY

Gross Profit

$55M60.2% margin

Operating Income

$11M12.3% margin

Net Income

$9M9.3% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

-0.0%

Cash Flow

Operating Cash Flow

$270,000

Free Cash Flow

-$2M

Stock-Based Comp.

$744,000

Balance Sheet

Total Assets

$292M

Total Liabilities

$147M

Stockholders' Equity

$145M

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$92M	$88M	+4.5%
Gross Profit	$55M	$53M	+4.2%
Operating Income	$11M	$34M	-66.7%
Net Income	$9M	$24M	-64.3%

Revenue Segments

Transportation and Skilled Trades

$66M77%

Healthcare and Other Professions Business Segment

$19M23%