Filing Flows › Legacy Education (LGCY) › Q2 FY25
Legacy Education (LGCY) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Feb 13, 2025
Legacy Education (LGCY) reported revenue of $13.6M for the second quarter fiscal 2025 (Q2 FY25), +29% from a year earlier and -3% from the quarter before. Operating margin was 12.2%, net earnings $1.4M (10.3% of revenue).
Legacy Education, Q2 FY25: revenue $13.6M (+29% year over year), operating margin 12.2%, net earnings $1.4M, operating cash flow $659K. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.6M | -3% | +29% |
| Operating profit | $1.7M | -38% | +1% |
| Net earnings | $1.4M | -33% | +8% |
| Operating cash flow | $659K | -79% | -73% |
| Free cash flow | $467K | -84% | -79% |
What changed
Revenue was $13.6M in Q2 FY25, up 29% year over year and down 3% from the previous quarter.
Operating profit was $1.7M, a 12.2% margin (down 3.4 points year over year). Of the extra revenue versus a year earlier, 1% reached operating profit, below the 16% margin then. Total costs grew 34% against revenue growth of 29%. The fastest-growing cost line was Other operating costs (+35%). Net earnings were $1.4M, up 8% year over year. The effective tax rate was 27.3%.
Operating cash flow was $659K (down 73% year over year), 47% of net earnings. Non-cash charges added back $106K of depreciation and amortization and $109K of share-based compensation. Working capital and other items used $1.0M. Capital expenditures of $192K left free cash flow of $467K.
Questions
What was Legacy Education's revenue in the second quarter fiscal 2025?
Legacy Education (LGCY) reported revenue of $13.6M for the second quarter fiscal 2025 (Q2 FY25), +29% from a year earlier and -3% from the quarter before.
Was Legacy Education profitable in the second quarter fiscal 2025?
Operating profit was $1.7M (12.2% of revenue) and net earnings $1.4M.
Source: Legacy Education 10-Q on SEC EDGAR.