Legacy Education Inc. (NYSE:LGCY) Q1 2025 Earnings Conference Call November 14, 2024 4:30 PM ET Company Participants Nicole Joseph - Senior Vice President LeeAnn Rohmann - Chief Executive Officer & Founder Brandon Pope - Chief Financial Officer Conference Call Participants Jeffrey Cohen - Ladenburg Thalmann Mike Grondahl - Northland Securities Operator Good day, and welcome to the Legacy Education, Inc. First Quarter Fiscal 2025 Earnings Conference Call. At this time, all participants are in a listen-only m ...

Revenue Growth - Revenue grew 35.1% to $14.0 million in Q1 2025 compared to $10.4 million in Q1 2024[4][5] Student Metrics - New student starts increased by 23.3% in Q1 2025[4] - Student population increased by 25.4% to 2,539 in Q1 2025 compared to Q1 2024[4] Financial Performance - EBITDA reached $2.7 million and adjusted EBITDA was $2.8 million in Q1 2025[4][9] - Net income for Q1 2025 was $2.1 million, with diluted earnings per share of $0.21[4][6] Expenses - Educational services expenses rose by 25.7% to $7.2 million in Q1 2025[5] - General and administrative expenses increased by 25.7% to $4.0 million in Q1 2025[5] Financial Position - Cash and cash equivalents stood at $21.5 million as of September 30, 2024[6] - Total assets increased to $50.6 million as of September 30, 2024[6] Strategic Plans - Legacy Education plans to expand its education footprint through organic growth, new programs, and accretive acquisitions[10]

LANCASTER, Calif., Nov. 14, 2024 /PRNewswire/ -- Legacy Education Inc. (NYSE American: LGCY), an award-winning, nationally accredited, for-profit post-secondary education company, today announced financial and operating results for the fiscal first quarter ended September 30, 2024.Legacy Education Inc. will host a conference call to discuss its first quarter financial results on Thursday, November 14, 2024 at 4:30 p.m. Eastern time.To access the live webcast of the conference call, please go to the investor ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ____ Commission File Number: 001-42283 LEGACY EDUCATION INC. (Exact name of registrant as specified in its charter) | --- | --- | --- | --- | |------------------ ...