Franklin Covey (FC) Misses Q4 EPS by 1c

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Franklin Covey Reports Exceptionally Strong Fourth Quarter Results, Capping an Outstanding 2021 Fiscal Year

November 9, 2021 4:05 PM EST

Fourth Quarter Sales Increase to a Record $68.9 Million, Full-Year Sales Increase 13% to $224.2 Million

All Access Pass Subscription and Subscription Services Sales Grow 41% to $32.0 Million in the Fourth Quarter, Education Division Subscription Revenues Grow 52%

Billed and Unbilled Deferred Subscription Revenue Increases 27% Over the Prior Fiscal Year to $127.4 Million

Operating Income and Adjusted EBITDA Exceed Expectations as Fourth Quarter Adjusted EBITDA Increases 18% to $10.6 Million, Full-Year Adjusted EBITDA Increases 96% to $28.0 Million

Cash Flows from Operating Activities Increases 68% to $46.2 Million for Fiscal YearLiquidity... More