Legacy Education Inc.
LGCYNYSEOther · Services-Educational Services · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | |
|---|---|---|---|
| Revenue | $64.2M | $46.0M | $35.5M |
| Operating income | $10.0M | $6.2M | $3.6M |
| Net income | $7.5M | $5.1M | $2.7M |
| Total assets | $69.2M | $35.2M | $27.2M |
| Total liabilities | $28.2M | $12.8M | $11.8M |
| Equity | $41.0M | $22.4M | $15.4M |
| EPS (diluted) | $0.59 | $0.53 | $0.28 |
| Shares out. | 12.6M | 11.9M | 9.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 15.6%
- Net margin
- 11.7%
- Return on equity
- 18.4%
- Return on assets
- 10.9%
- Return on capital (ROCE)
- 18.0%
- Liabilities / assets
- 40.7%
- Debt / equity
- 0.69×
- Book value / share
- $3.27
- Revenue growth (YoY)
- 39.5%
- Net income growth (YoY)
- 47.3%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 5.35safe
- Accruals / assets
- −0.3%clean
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 7 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Oct 1, 2024
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Royce & Associates LpPassive (13G)Jul 22, 2025
- Garnick Michael JPassive (13G)Nov 12, 2024
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 49,319 | 1.0 | -19.6% |
| Apr 30, 2026 | 61,366 | 1.1 | +3.9% |
| Apr 15, 2026 | 59,042 | 1.4 | +13.3% |
| Mar 31, 2026 | 52,095 | 1.5 | -22.3% |
| Mar 13, 2026 | 67,068 | 1.0 | +4.9% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operationsMay 14, 2026
- Other material eventMar 17, 2026
- Other material eventJan 7, 2026
- Shareholder voteDec 16, 2025
- Results of operationsNov 14, 2025
- Other material eventOct 14, 2025
- Results of operationsSep 25, 2025
- Director / officer changeSep 12, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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