Name: Lincoln Educational Services Corporation (LINC) Financial Statements
Creator: FinSpry

Lincoln Educational Services Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Lincoln Educational Services Corporation income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	440.06	378.07	348.29	335.34	293.10	273.34	263.20
Cost of Revenue	181.76	162.28	148.75	138.93	122.20	-123.50	125.37
Gross Profit	258.31	215.80	199.54	196.41	170.90	149.85	137.83
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	243.80	209.14	182.39	196.32	156.20	145.18	141.24
Operating Expenses	243.80	209.14	182.39	196.32	156.20	145.18	141.24
Operating Income	14.50	33.36	17.15	0.08	14.70	4.67	-3.42
Other Income/Expense
Interest Income	2.10	2.63	0.32	0.00	0.00	0.00	0.03
Interest Expense	-2.57	0.35	0.16	-2.02	-1.28	0.00	2.42
Other Income/Expense	-0.47	-30.92	-0.87	-21.78	-0.08	-0.57	-0.54
Income
Income Before Tax	14.71	35.64	16.44	47.25	13.51	2.28	-6.35
Income Tax Expense	4.82	9.64	3.80	12.53	-35.06	0.27	0.20
Net Income	9.89	26.00	12.63	34.72	48.57	2.02	-6.55
Net Income - Continuous Operations	9.89	26.00	12.63	34.72	0.00	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	27.46	42.76	22.96	7.22	22.10	13.55	4.50
EBIT	14.50	35.99	16.60	0.08	14.70	5.25	-3.92
Depreciation & Amortization	12.96	6.80	6.36	7.14	7.40	-8.10	0.00
Earnings Per Share
Basic EPS	-	1.00	-	1.00	1.00	-	-
Diluted EPS	-	1.00	-	1.00	1.00	-	-
Basic Shares Outstanding	30.58	30.11	25.88	25.08	24.75	24.55	24.42
Diluted Shares Outstanding	30.89	30.54	25.88	25.08	24.75	24.55	24.42