EDUC: Educational Development Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Educational Development Corp (EDUC).
$12.45M Market Cap.
EDUC Market Cap. (MRY)
EDUC Shares Outstanding (MRY)
EDUC Assets (MRY)
Total Assets
$78.31M
Total Liabilities
$37.75M
Total Investments
$0
EDUC Income (MRY)
Revenue
$34.19M
Net Income
-$5.26M
Operating Expense
$27.80M
EDUC Cash Flow (MRY)
CF Operations
$3.21M
CF Investing
-$429.60K
CF Financing
-$3.08M
EDUC Balance Sheet (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Total Assets | $78,314,300 (-13.09%) | $90,105,000 (-9.84%) | $99,936,800 (-9.09%) | $109,933,700 (23.73%) |
Assets Current | $52,247,200 (-20.88%) | $66,039,400 (3.91%) | $63,551,600 (-16.94%) | $76,514,100 (31.60%) |
Assets Non-Current | $26,067,100 (8.32%) | $24,065,600 (-33.86%) | $36,385,200 (8.87%) | $33,419,600 (8.82%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $40,567,600 (-10.74%) | $45,450,700 (0.48%) | $45,231,800 (-3.28%) | $46,765,500 (16.16%) |
Property Plant & Equipment Net | $7,506,800 (-28.88%) | $10,554,500 (-65.37%) | $30,480,000 (-0.01%) | $30,484,000 (1.78%) |
Cash & Equivalents | $976,500 (-23.56%) | $1,277,400 (85.37%) | $689,100 (90.78%) | $361,200 (-80.07%) |
Accumulated Other Comprehensive Income | -$15,400 (-163.11%) | $24,400 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $491,800 (-15.72%) | $583,500 (-3.19%) | $602,700 (-11.58%) | $681,600 (-72.47%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $44,692,100 (-19.60%) | $55,590,200 (-12.88%) | $63,806,100 (-13.32%) | $73,608,900 (40.35%) |
Trade & Non-Trade Receivables | $2,126,000 (9.76%) | $1,936,900 (-33.36%) | $2,906,700 (-20.12%) | $3,638,800 (8.73%) |
Trade & Non-Trade Payables | $1,847,400 (-52.75%) | $3,910,200 (1.20%) | $3,863,900 (-68.87%) | $12,411,800 (-36.91%) |
Accumulated Retained Earnings (Deficit) | $37,303,000 (-12.37%) | $42,566,600 (1.30%) | $42,020,200 (-5.63%) | $44,525,100 (12.20%) |
Tax Assets | $2,536,100 (80.31%) | $1,406,500 (76.52%) | $796,800 (571.27%) | $118,700 (0%) |
Tax Liabilities | $460,900 (-40.41%) | $773,400 (0%) | $0 (0%) | $241,900 (9.90%) |
Total Debt | $31,991,700 (-10.02%) | $35,553,700 (-23.30%) | $46,353,000 (8.62%) | $42,675,200 (162.94%) |
Debt Current | $31,580,600 (293.53%) | $8,025,000 (-82.51%) | $45,877,200 (126.38%) | $20,265,700 (250.69%) |
Debt Non-Current | $411,100 (-98.51%) | $27,528,700 (5685.77%) | $475,800 (-97.88%) | $22,409,500 (114.42%) |
Total Liabilities | $37,746,700 (-15.47%) | $44,654,300 (-18.37%) | $54,705,000 (-13.40%) | $63,168,200 (30.00%) |
Liabilities Current | $37,222,700 (118.77%) | $17,014,600 (-68.56%) | $54,118,200 (34.42%) | $40,259,800 (6.18%) |
Liabilities Non-Current | $524,000 (-98.10%) | $27,639,700 (4610.24%) | $586,800 (-97.44%) | $22,908,400 (114.59%) |
EDUC Income Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Revenues | $34,191,000 (-33.00%) | $51,030,300 (-41.90%) | $87,829,000 (-38.25%) | $142,228,800 (-30.50%) |
Cost of Revenue | $13,163,300 (-27.05%) | $18,045,400 (-43.18%) | $31,759,200 (-28.30%) | $44,297,500 (-26.22%) |
Selling General & Administrative Expense | $27,803,300 (-28.50%) | $38,885,800 (-33.70%) | $58,651,800 (-33.11%) | $87,690,100 (-31.83%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $27,803,300 (-28.50%) | $38,885,800 (-33.70%) | $58,651,800 (-33.11%) | $87,690,100 (-31.83%) |
Interest Expense | $2,188,400 (-20.68%) | $2,758,900 (27.00%) | $2,172,300 (137.05%) | $916,400 (63.35%) |
Income Tax Expense | -$1,591,400 (-946.04%) | $188,100 (120.40%) | -$922,000 (-131.48%) | $2,929,100 (-36.42%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$5,263,600 (-1063.32%) | $546,400 (121.81%) | -$2,504,900 (-130.15%) | $8,306,800 (-34.20%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$5,263,600 (-1063.32%) | $546,400 (121.81%) | -$2,504,900 (-130.15%) | $8,306,800 (-34.20%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$5,263,600 (-1063.32%) | $546,400 (121.81%) | -$2,504,900 (-130.15%) | $8,306,800 (-34.20%) |
Weighted Average Shares | $8,348,971 (0.96%) | $8,269,971 (1.38%) | $8,157,704 (1.47%) | $8,039,843 (-3.74%) |
Weighted Average Shares Diluted | $8,348,971 (0.77%) | $8,285,230 (1.56%) | $8,157,704 (-3.49%) | $8,452,340 (0.30%) |
Earning Before Interest & Taxes (EBIT) | -$4,666,600 (-233.58%) | $3,493,400 (378.45%) | -$1,254,600 (-110.32%) | $12,152,300 (-31.70%) |
Gross Profit | $21,027,700 (-36.25%) | $32,984,900 (-41.17%) | $56,069,800 (-42.75%) | $97,931,300 (-32.27%) |
Operating Income | -$6,775,600 (-14.82%) | -$5,900,900 (-128.54%) | -$2,582,000 (-125.21%) | $10,241,200 (-35.81%) |
EDUC Cash Flow Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$429,600 (-110.64%) | $4,037,100 (329.93%) | -$1,755,800 (55.45%) | -$3,940,900 (4.93%) |
Net Cash Flow from Financing | -$3,083,000 (74.73%) | -$12,199,400 (-702.38%) | $2,025,200 (-91.43%) | $23,633,200 (586.32%) |
Net Cash Flow from Operations | $3,211,700 (-63.30%) | $8,750,600 (14858.29%) | $58,500 (100.28%) | -$21,143,300 (-370.45%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$300,900 (-151.15%) | $588,300 (79.41%) | $327,900 (122.60%) | -$1,451,000 (-22.22%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$429,600 (-110.64%) | $4,037,100 (355.71%) | -$1,578,800 (57.53%) | -$3,717,200 (10.33%) |
Issuance (Repayment) of Debt Securities | -$3,100,000 (73.36%) | -$11,635,500 (-486.45%) | $3,010,900 (-88.61%) | $26,445,200 (1124.33%) |
Issuance (Purchase) of Equity Shares | $17,000 (103.01%) | -$563,900 (-989.43%) | $63,400 (-89.73%) | $617,100 (2854.91%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | -$870,700 (74.61%) | -$3,429,100 (-52.03%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $403,300 (90.24%) | $212,000 (-76.65%) | $907,800 (-13.25%) | $1,046,500 (11.50%) |
Depreciation Amortization & Accretion | $1,724,900 (-30.65%) | $2,487,200 (0.34%) | $2,478,700 (16.55%) | $2,126,700 (30.22%) |
EDUC Financial Metrics (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Gross Margin | 61.50% (-4.80%) | 64.60% (1.25%) | 63.80% (-7.40%) | 68.90% (-2.55%) |
Profit Margin | -15.40% (-1500.00%) | 1.10% (137.93%) | -2.90% (-150.00%) | 5.80% (-6.45%) |
EBITDA Margin | -8.60% (-173.50%) | 11.70% (735.71%) | 1.40% (-86.00%) | 10.00% (5.26%) |
Return on Average Equity (ROAE) | -12.40% (-1133.33%) | 1.20% (122.22%) | -5.40% (-129.35%) | 18.40% (-47.13%) |
Return on Average Assets (ROAA) | -6.30% (-1150.00%) | 0.60% (125.00%) | -2.40% (-130.00%) | 8.00% (-43.26%) |
Return on Sales (ROS) | -13.60% (-300.00%) | 6.80% (585.71%) | -1.40% (-116.47%) | 8.50% (-2.30%) |
Return on Invested Capital (ROIC) | -5.00% (-251.52%) | 3.30% (400.00%) | -1.10% (-108.59%) | 12.80% (-67.01%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 5.10% (155.00%) |
Price to Earnings Ratio (P/E) | -2.3 (-108.76%) | 26.29 (321.43%) | -11.87 (-255.18%) | 7.65 (-26.00%) |
Price to Sales Ratio (P/S) | 0.35 (18.79%) | 0.3 (-12.87%) | 0.34 (-23.15%) | 0.45 (-30.14%) |
Price to Book Ratio (P/B) | 0.31 (-11.53%) | 0.35 (-51.06%) | 0.71 (-51.67%) | 1.47 (-54.69%) |
Debt to Equity Ratio (D/E) | 0.93 (-5.30%) | 0.98 (-18.78%) | 1.21 (-10.51%) | 1.35 (11.93%) |
Earnings Per Share (EPS) | -0.63 (-1000.00%) | 0.07 (122.58%) | -0.31 (-130.10%) | 1.03 (-31.79%) |
Sales Per Share (SPS) | 4.09 (-33.64%) | 6.17 (-42.68%) | 10.77 (-39.14%) | 17.69 (-27.80%) |
Free Cash Flow Per Share (FCFPS) | 0.33 (-78.46%) | 1.55 (931.18%) | -0.19 (93.98%) | -3.09 (-802.73%) |
Book Value Per Share (BVPS) | 4.86 (-11.59%) | 5.5 (-0.88%) | 5.54 (-4.68%) | 5.82 (20.68%) |
Tangible Assets Book Value Per Share (TABVPS) | 9.38 (-13.91%) | 10.89 (-11.07%) | 12.25 (-10.41%) | 13.67 (28.54%) |
Enterprise Value Over EBIT (EV/EBIT) | -9 (-169.23%) | 13 (121.67%) | -60 (-850.00%) | 8 (33.33%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -14.24 (-287.62%) | 7.59 (-87.73%) | 61.87 (818.41%) | 6.74 (18.99%) |
Asset Turnover | 0.41 (-23.45%) | 0.53 (-37.15%) | 0.85 (-37.88%) | 1.36 (-40.31%) |
Current Ratio | 1.4 (-63.82%) | 3.88 (230.58%) | 1.17 (-38.24%) | 1.9 (24.01%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0.4 (25.00%) |
Free Cash Flow (FCF) | $2,782,100 (-78.24%) | $12,787,700 (941.13%) | -$1,520,300 (93.88%) | -$24,860,500 (-776.96%) |
Enterprise Value (EV) | $41,900,221 (-7.72%) | $45,406,802 (-40.05%) | $75,738,204 (-21.27%) | $96,204,106 (-12.53%) |
Earnings Before Tax (EBT) | -$6,855,000 (-1033.29%) | $734,500 (121.43%) | -$3,426,900 (-130.50%) | $11,235,900 (-34.79%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$2,941,700 (-149.19%) | $5,980,600 (388.57%) | $1,224,100 (-91.43%) | $14,279,000 (-26.49%) |
Invested Capital | $72,106,800 (-32.84%) | $107,366,700 (17.36%) | $91,482,500 (-18.31%) | $111,987,900 (71.36%) |
Working Capital | $15,024,500 (-69.35%) | $49,024,800 (419.69%) | $9,433,400 (-73.98%) | $36,254,300 (79.25%) |
Tangible Asset Value | $78,314,300 (-13.09%) | $90,105,000 (-9.84%) | $99,936,800 (-9.09%) | $109,933,700 (23.73%) |
Market Capitalization | $12,446,221 (-21.08%) | $15,770,802 (-50.82%) | $32,064,904 (-53.27%) | $68,613,106 (-47.37%) |
Average Equity | $42,304,225 (-6.79%) | $45,385,175 (-2.42%) | $46,511,500 (2.79%) | $45,248,400 (24.87%) |
Average Assets | $83,780,450 (-12.46%) | $95,704,825 (-7.55%) | $103,519,525 (-0.62%) | $104,164,275 (16.39%) |
Invested Capital Average | $94,254,500 (-10.27%) | $105,041,025 (-8.54%) | $114,853,975 (21.27%) | $94,712,950 (106.71%) |
Shares | 8,583,601 (0.15%) | 8,571,088 (-1.63%) | 8,713,289 (0.07%) | 8,707,247 (4.27%) |
