LINC - Lincoln Educational Services Corporation
NASDAQ
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Consumer Defensive
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Education & Training Services
Parsippany,
United States
Type: Equity
LINC price evolution
LINC
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $66.99 | $69.78 | $80.27 | |
| Short term investments | ||||
| Net receivables | $53.12 | $60.64 | $57.84 | $53.2 |
| Inventory | $2.71 | $2.35 | $2.42 | $2.95 |
| Total current assets | $115.44 | $119.39 | $118.75 | $134.66 |
| Long term investments | ||||
| Property, plant & equipment | $232.5 | $193.68 | $182.8 | $156.58 |
| Goodwill & intangible assets | $10.74 | $10.74 | $10.74 | |
| Total noncurrent assets | $246.99 | $236.41 | $210.59 | |
| Total investments | ||||
| Total assets | $404.02 | $366.38 | $355.16 | $345.25 |
| Current liabilities | ||||
| Accounts payable | $27.86 | $19 | $14.28 | $18.15 |
| Deferred revenue | $24.33 | $22.27 | $26.91 | |
| Short long term debt | $11.95 | $11.84 | $11.81 | |
| Total current liabilities | $73.45 | $66.89 | $59.88 | $73.41 |
| Long term debt | $29.36 | $134.63 | $130.74 | $104.98 |
| Total noncurrent liabilities | $134.63 | $130.79 | $105.03 | |
| Total debt | $146.58 | $142.58 | $116.79 | |
| Total liabilities | $234.06 | $201.52 | $190.67 | $178.44 |
| Shareholders' equity | ||||
| Retained earnings | $72.34 | $68.38 | $69.06 | $69.28 |
| Other shareholder equity | -$0.04 | -$0.04 | -$0.04 | -$0.04 |
| Total shareholder equity | $164.86 | $164.49 | $166.8 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $80.27 | $50.29 | $83.31 | $38.03 |
| Short term investments | $14.76 | |||
| Net receivables | $53.2 | $37.17 | $46.19 | $46.48 |
| Inventory | $2.95 | $2.62 | $2.72 | $2.39 |
| Total current assets | $134.66 | $114.14 | $121.63 | $74.16 |
| Long term investments | ||||
| Property, plant & equipment | $156.58 | $117.04 | $114.61 | $103.58 |
| Goodwill & intangible assets | $10.74 | $14.54 | $14.54 | $14.54 |
| Total noncurrent assets | $210.59 | $177.43 | $173.67 | $171.03 |
| Total investments | $14.76 | |||
| Total assets | $345.25 | $291.57 | $295.3 | $245.19 |
| Current liabilities | ||||
| Accounts payable | $18.15 | $10.5 | $12.3 | $15.68 |
| Deferred revenue | $26.91 | $24.15 | $25.41 | $23.45 |
| Short long term debt | $11.81 | $9.63 | $11.48 | $10.5 |
| Total current liabilities | $73.41 | $55.02 | $65.88 | $66.84 |
| Long term debt | $104.98 | $91 | $86.41 | $67.91 |
| Total noncurrent liabilities | $105.03 | $91.67 | $88.02 | $75.3 |
| Total debt | $116.79 | $100.63 | $97.89 | $78.42 |
| Total liabilities | $178.44 | $146.69 | $153.9 | $142.14 |
| Shareholders' equity | ||||
| Retained earnings | $69.28 | $51.23 | $39.7 | $6.2 |
| Other shareholder equity | -$0.04 | -$0.96 | -$1.24 | -$4.17 |
| Total shareholder equity | $166.8 | $144.88 | $129.42 | $91.07 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $114.41 | $102.91 | $103.37 | $102.52 |
| Cost of revenue | $45.56 | $43.02 | $41.02 | |
| Gross Profit | $66.36 | $57.35 | $60.34 | $61.5 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $57.87 | $60.49 | $52.53 | |
| Total operating expenses | $63.34 | $58.47 | $60.8 | $52.54 |
| Operating income | -$1.12 | -$0.46 | $8.96 | |
| Income from continuing operations | ||||
| EBIT | -$0.48 | $0.24 | $9.7 | |
| Income tax expense | $1.67 | -$0.46 | -$0.11 | $2.63 |
| Interest expense | -$0.2 | $0.67 | $0.57 | $0.27 |
| Net income | ||||
| Net income | $3.95 | -$0.68 | -$0.21 | $6.79 |
| Income (for common shares) | -$0.68 | -$0.21 | $6.79 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $378.07 | $348.29 | $335.34 | $293.1 |
| Cost of revenue | $162.28 | $148.75 | $138.93 | $122.2 |
| Gross Profit | $215.79 | $199.54 | $196.41 | $170.9 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $209.13 | $182.39 | $168.92 | $156.2 |
| Total operating expenses | $182.44 | $183.26 | $147.14 | $156.12 |
| Operating income | $33.36 | $16.28 | $49.26 | $14.78 |
| Income from continuing operations | ||||
| EBIT | $35.99 | $16.6 | $49.26 | $14.78 |
| Income tax expense | $9.64 | $3.8 | $12.53 | -$35.06 |
| Interest expense | $0.35 | $0.16 | $2.02 | $1.27 |
| Net income | ||||
| Net income | $26 | $12.63 | $34.72 | $48.56 |
| Income (for common shares) | $26 | $11.52 | $33.5 | $47.19 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | -$0.68 | -$0.21 | $6.79 | |
| Operating activities | ||||
| Depreciation | $3.32 | $2.97 | $2.12 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $1.04 | $1.06 | $1.84 | |
| Total cash flows from operations | $8.34 | -$14.93 | $21.95 | |
| Investing activities | ||||
| Capital expenditures | -$11.04 | $8.03 | -$12.01 | |
| Investments | $24.34 | |||
| Total cash flows from investing | -$22.2 | -$11.04 | $8.03 | $12.33 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | -$0.06 | |||
| Total cash flows from financing | -$3.12 | -$0.08 | -$3.59 | |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$26.31 | -$2.79 | -$10.49 | $34.28 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $26 | $12.63 | $34.72 | $48.56 |
| Operating activities | ||||
| Depreciation | $6.77 | $6.36 | $7.14 | $7.4 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $5.89 | $3.11 | $2.89 | $1.69 |
| Total cash flows from operations | $25.56 | $0.88 | $27.45 | $23.48 |
| Investing activities | ||||
| Capital expenditures | -$7.39 | -$6.6 | $37.85 | -$5.58 |
| Investments | $14.76 | -$14.76 | ||
| Total cash flows from investing | $7.37 | -$21.35 | $37.85 | -$5.48 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$0.89 | -$9.45 | ||
| Net borrowings | -$17.83 | -$17 | ||
| Total cash flows from financing | -$2.94 | -$12.55 | -$20.01 | -$18.62 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $29.98 | -$33.02 | $45.28 | -$0.62 |
News
Fundamentals
| Market cap | $528.85M |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 31.48M |
| Revenue | $423.21M |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $9.85M |
| Revenue Q/Q | 14.85% |
| Revenue Y/Y | 15.21% |
| P/E ratio | 53.70 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 1.25 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | $0.31 |
|---|---|
| ROA | 2.68% |
| ROE | N/A |
| Debt/Equity | 1.07 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 1.57 |
| Quick ratio | 1.53 |