Legacy Education Inc.(LGCY) - 2025 Q1 - Quarterly Results

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$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]