Lincoln Educational Services
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Lincoln Educational Services's past years’ income statements indicate that its last revenue has increased compared to the previous period by 9% to $378,070,000. The net income raised on $25,997,000 and profit margin reached 7%. Total operating expenses were $209,135,000.
Profit Margin
| 2014 | 325.02M | -56.13M | -17.27% |
|---|---|---|---|
| 2015 | 193.22M | -3.35M | -1.73% |
| 2016 | 196.91M | -28.30M | -14.37% |
| 2017 | 261.85M | -11.48M | -4.39% |
| 2018 | 263.2M | -6.54M | -2.49% |
| 2019 | 273.34M | 2.01M | 0.74% |
| 2020 | 293.09M | 48.56M | 16.57% |
| 2021 | 335.33M | 34.71M | 10.35% |
| 2022 | 348.28M | 12.63M | 3.63% |
| 2023 | 378.07M | 25.99M | 6.88% |
LINC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 378.07M | 348.28M | 335.33M | 293.09M | 273.34M | 263.2M | 261.85M | 196.91M | 193.22M | 325.02M |
Cost of revenue | 162.27M | 148.74M | 138.93M | 122.19M | 123.49M | 125.37M | 129.41M | 94.92M | 92.16M | 164.35M |
Gross profit | 215.79M | 199.54M | 196.40M | 170.89M | 149.84M | 137.82M | 132.44M | 101.98M | 101.05M | 160.67M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 38.2M | 35M | 33.1M | 31.2M | 29.8M | 29.4M | 27M | 28M | 28.2M | 18M |
Total operating expenses | 209.13M | 182.39M | 168.92M | 156.19M | 145.17M | 141.24M | 138.77M | 103.12M | 98.31M | 168.44M |
Operating income | 33.35M | 11.10M | 20.34M | 7.3M | 5.23M | -3.95M | -4.71M | -5.16M | 778K | -48.54M |
Other income (expenses), net | 2.28M | 5.33M | 26.90M | -1.27M | -2.95M | -537K | -7.04M | 2.68M | -321K | -30.05M |
Income before tax | 35.63M | 16.43M | 47.24M | 13.50M | 2.28M | -6.34M | -11.75M | -4.29M | -2.46M | -53.71M |
Income tax expense | 9.64M | 3.80M | 12.52M | -35.05M | 268K | 200K | -274K | 200K | 242K | -4.22M |
Net income | 25.99M | 12.63M | 34.71M | 48.56M | 2.01M | -6.54M | -11.48M | -28.30M | -3.35M | -56.13M |
Earnings per share | ||||||||||
Basic EPS | 0.86 | 0.36 | 1.04 | 1.49 | 0.07 | -0.27 | -0.48 | -1.21 | -0.14 | -2.46 |
Diluted EPS | 0.85 | 0.36 | 1.04 | 1.49 | 0.07 | -0.27 | -0.48 | -1.21 | -0.14 | -2.46 |
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