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Legacy Education Inc

For the period ended Jun 30, 2024. Filed Oct 1, 2024.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Oct 1, 2024

LGCY$8.59-0.5%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Income Statements

20242023
Revenue
Tuition and related income, net$46,000,316$35,455,948
Operating expenses
Educational services26,351,32620,785,421
General and administrative12,999,16410,651,402
General and administrative – related party168,000173,000
Depreciation and amortization265,036224,488
Total costs and expenses39,783,52631,834,311
Operating income6,216,7903,621,637
Other income(expense)
Interest expenses(118,162)(96,259)
Interest income886,834339,102
Total other income768,672242,843
Income before income taxes6,985,4623,864,480
Income tax expenses(1,870,610)(1,197,741)
Net income$5,114,852$2,666,739
Net income per share
Basic net income per share$0.55$0.29
Diluted net income per share$0.53$0.28
Weighted average number of common stock outstanding
Basic weighted average shares outstanding9,291,1499,216,949
Diluted weighted average shares outstanding9,691,1499,616,949
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.