Legacy Education Inc.

Legacy Education Inc. reported solid Q2 2026 financial results for the period ending December 31, 2025. The company generated $19.2 million in net tuition and related income, leading to operating income of $2.6 million and net income of $2.0 million. Operating cash flow was positive at $2.1 million, while investing activities used $0.8 million primarily for asset purchases. The balance sheet shows strong liquidity with $21.1 million in cash and cash equivalents, total assets of $73.1 million, and stockholders' equity of $46.1 million. The company maintains a healthy financial position with total liabilities of $27.0 million, representing a debt-to-equity ratio of approximately 0.59. Key performance drivers included effective cost management with total costs and expenses of $16.6 million and significant interest income of $330K. The company completed an IPO during the period, raising $9.3 million net of offering costs, which strengthened the capital structure.

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