Lincoln Educational Services Corporation (LINC)
NASDAQ: LINC · Real-Time Price · USD
15.85
+0.14 (0.89%)
Mar 31, 2025, 2:37 PM EDT - Market open

LINC Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 2019 - 2015
Period Ending
Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2019 - 2015
Revenue
440.06378.07348.29335.34293.1
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Revenue Growth (YoY)
16.40%8.55%3.86%14.41%7.23%
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Cost of Revenue
181.76162.28148.75138.93122.2
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Gross Profit
258.31215.8199.54196.41170.9
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Selling, General & Admin
243.8209.14182.39196.32156.2
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Operating Expenses
243.8209.14182.39196.32156.2
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Operating Income
14.56.6617.150.0814.7
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Interest Expense
-2.57-0.35-0.16-2.02-1.28
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Interest & Investment Income
2.12.630.32--
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EBT Excluding Unusual Items
14.048.9417.31-1.9313.43
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Impairment of Goodwill
--3.8---
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Gain (Loss) on Sale of Assets
-2.1230.920.1822.480.08
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Asset Writedown
--0.42-1.05-0.7-
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Other Unusual Items
---27.4-
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Pretax Income
14.7135.6416.4447.2513.51
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Income Tax Expense
4.829.643.812.53-35.06
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Earnings From Continuing Operations
9.892612.6334.7248.57
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Net Income
9.892612.6334.7248.57
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Preferred Dividends & Other Adjustments
--3.428.6211.75
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Net Income to Common
9.89269.2126.136.81
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Net Income Growth
-61.95%105.77%-63.61%-28.51%2310.17%
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Shares Outstanding (Basic)
3130262525
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Shares Outstanding (Diluted)
3131262525
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Shares Change (YoY)
1.15%18.01%3.18%1.34%0.79%
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EPS (Basic)
0.320.860.361.041.49
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EPS (Diluted)
0.320.850.361.041.49
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EPS Growth
-62.35%138.82%-65.78%-30.08%1799.31%
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Free Cash Flow
-27.56-15.14-8.119.9217.91
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Free Cash Flow Per Share
-0.89-0.50-0.310.790.72
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Gross Margin
58.70%57.08%57.29%58.57%58.31%
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Operating Margin
3.29%1.76%4.92%0.02%5.01%
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Profit Margin
2.25%6.88%2.65%7.78%12.56%
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Free Cash Flow Margin
-6.26%-4.00%-2.33%5.94%6.11%
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EBITDA
27.4613.4323.517.2222.1
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EBITDA Margin
6.24%3.55%6.75%2.15%7.54%
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D&A For EBITDA
12.966.776.367.147.4
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EBIT
14.56.6617.150.0814.7
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EBIT Margin
3.29%1.76%4.92%0.02%5.01%
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Effective Tax Rate
32.76%27.05%23.13%26.52%-
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Advertising Expenses
43.338.23533.131.2
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Updated Mar 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q