Lincoln Educational Services Corporation (LINC)

USD 15.14

(-5.61%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 378.07 Million 348.28 Million 335.33 Million 293.09 Million 273.34 Million 263.2 Million
Cost of Revenue 162.27 Million 148.74 Million 138.93 Million 122.19 Million 123.49 Million 125.37 Million
Gross Profit 215.79 Million 199.54 Million 196.4 Million 170.89 Million 149.84 Million 137.82 Million
Operating Expenses 209.13 Million 182.39 Million 168.92 Million 156.19 Million 145.17 Million 141.24 Million
Selling, General and Administrative Expenses 209.13 Million 182.39 Million 168.92 Million 156.19 Million 145.17 Million 141.24 Million
Research and Development Expenses - - - - - -
Other Expenses - - - - - -
Cost and Expenses 344.71 Million 331.13 Million 307.85 Million 278.39 Million 268.67 Million 266.61 Million
Operating Income 33.35 Million 11.1 Million 20.34 Million 7.3 Million 5.23 Million -3.95 Million
Interest Expense 347 Thousand 160 Thousand 2.01 Million 1.27 Million 2.96 Million 2.42 Million
Income Tax Expense 9.64 Million 3.8 Million 12.52 Million -35.05 Million 268 Thousand 200 Thousand
Earnings before Tax 35.63 Million 16.43 Million 47.24 Million 13.5 Million 2.28 Million -6.34 Million
Net Income 25.99 Million 12.63 Million 34.71 Million 48.56 Million 2.01 Million -6.54 Million
Earnings Per Share Basic 0.86 0.36 1.04 1.49 0.08 -0.27
Earnings Per Share Diluted 0.85 0.36 1.04 1.49 0.08 -0.27
Weighted Average Shares Outstanding 30.1 Million 25.87 Million 25.08 Million 24.74 Million 24.55 Million 24.24 Million
Weighted Average Shares Outstanding (Diluted) 30.54 Million 25.87 Million 25.08 Million 24.74 Million 24.55 Million 24.42 Million
Gross Margin 0.57 0.57 0.59 0.58 0.55 0.52
EBIT Margin 0.11 0.05 0.08 0.05 0.05 -0.01
Profit Margin 0.07 0.04 0.10 0.17 0.01 -0.02
EBITDA 42.75 Million 23.51 Million 56.4 Million 22.18 Million 12.78 Million 4.49 Million
Earnings Before Tax Margin 0.09 0.03 0.06 0.02 0.02 -0.02

Income Statement Charts