Filing Flows › Legacy Education (LGCY) › Q3 FY25
Legacy Education (LGCY) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 15, 2025
Legacy Education (LGCY) reported revenue of $18.6M for the third quarter fiscal 2025 (Q3 FY25), +51% from a year earlier and +36% from the quarter before. Operating margin was 19.7%, net earnings $2.8M (15.2% of revenue).
Legacy Education, Q3 FY25: revenue $18.6M (+51% year over year), operating margin 19.7%, net earnings $2.8M, operating cash flow $919K. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.6M | +36% | +51% |
| Operating profit | $3.7M | +121% | +55% |
| Net earnings | $2.8M | +101% | +57% |
| Operating cash flow | $919K | +39% | — |
| Free cash flow | $597K | +28% | — |
What changed
Revenue was $18.6M in Q3 FY25, up 51% year over year and up 36% from the previous quarter.
Operating profit was $3.7M, a 19.7% margin (up 0.5 points year over year). Of the extra revenue versus a year earlier, 21% reached operating profit, above the 19% margin then. Total costs grew 50% against revenue growth of 51%. The fastest-growing cost line was Other operating costs (+55%). Net earnings were $2.8M, up 57% year over year. The effective tax rate was 28.6%.
Operating cash flow was $919K, 33% of net earnings. Non-cash charges added back $130K of depreciation and amortization and $107K of share-based compensation. Working capital and other items used $2.1M. Capital expenditures of $322K left free cash flow of $597K.
Questions
What was Legacy Education's revenue in the third quarter fiscal 2025?
Legacy Education (LGCY) reported revenue of $18.6M for the third quarter fiscal 2025 (Q3 FY25), +51% from a year earlier and +36% from the quarter before.
Was Legacy Education profitable in the third quarter fiscal 2025?
Operating profit was $3.7M (19.7% of revenue) and net earnings $2.8M.
Source: Legacy Education 10-Q on SEC EDGAR.