Legacy Education Reports Strong Fiscal 2025 Results with 40% Revenue Growth and Record Enrollment

LANCASTER, Calif., Sept. 25, 2025 /PRNewswire/ — Legacy Education Inc. (“Legacy Education” or the “Company”) (NYSE: LGCY), a leading provider of career education healthcare programs, today announced financial and operating results for the fourth quarter and fiscal year ended June 30, 2025.

Legacy Education Inc. will host a conference call to discuss fourth quarter and fiscal year-end financial results on Thursday, September 25, 2025, at 4:30 p.m. Eastern time.

To access the live webcast of the conference call, please go to the investor relations section of the Legacy Education website at www.legacyed.com. Participants may also register via teleconference at: Q4 and Full FY 2025 Legacy Education Inc. Earnings Conference Call. Once registration is completed, participants will be provided with a calendar invitation and link to join the call. Participants are requested to register at a minimum 15 minutes before the start of the call. An archived version of the webcast will be accessible for 90 days at www.legacyed.com. Toll-free dial-in number is (877) 407-9785 and international dial-in number is (201) 689-8843.

Fourth Quarter 2025 Financial Highlights

• Revenue grew 40.8% to $17.9 million
• New student starts increased 15.7%
• EBITDA of $2.1 million and adjusted EBITDA of $2.4 million
• Net income of $1.2 million

Fiscal Year Ended June 30, 2025 Financial and Operational Highlights

• Revenue grew 39.5% to $64.2 million
• New student starts increased 26.9%
• EBITDA of $10.4 million and adjusted EBITDA of $11.0 million
• Net income of $7.5 million
• Diluted earnings per share of $0.59
• Ended year with student population of 3,101, 41.8% higher than 2024

Strategic Developments

• Approval of 3 New Degree Programs & 2 Certificate Programs
• Earned NLN CNEA Initial Accreditation for RN-BSN Track
• Appointed 2 New Board Members & Established Advisory Board to Support Growth and Expansion

“With record enrollment, expanded program offerings, and strong financial performance, Legacy Education is well-positioned to continue its growth trajectory in 2026,” said LeeAnn Rohmann, Chief Executive Officer of Legacy Education Inc. “We remain focused on executing on our mission and building value for our students, the communities we serve, and shareholders.”

YEAR END FINANCIAL RESULTS

Year ended June 30, 2025 compared to June 30, 2024

• Revenue was $64.2 million in fiscal 2025 compared to $46.0 million in fiscal 2024, an increase of $18.2 million, or 39.5%. The increase was primarily due to increased student enrollment and the increase in pricing of certain programs.
• Educational services were $34.2 million in fiscal 2025 compared to $26.4 million in fiscal 2024, an increase of $7.8 million, or 29.5%. The increase was primarily attributable to the increased instructional and staffing required to support the increase in enrollments, increased rent, externship fees, and our investments in our RN program offset by a decrease in non-cash compensation charge of $1.3 million related to stock option grants.
• General and administrative expense was $19.3 million in fiscal 2025, compared to $13.0 million in fiscal 2024, an increase of $6.3 million, or 48.2%. The increase was primarily attributable to an increase in marketing expenses, professional fees and bad debt expense. Of the total general and administrative expense, $4.7 million and $4.1 million relate to marketing expenses for fiscal 2025 and 2024, respectively.

(Table to Follow
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Full story available on Benzinga.com