FranklinCovey reported a 1% increase in consolidated revenue for the first quarter of fiscal 2025, reaching $69.1 million. The Education Division saw an 11% revenue increase, while the Enterprise Division's revenue decreased slightly. The company is undergoing a sales force restructuring in North America, and operating income and net income decreased compared to the prior year.
Consolidated revenue increased by 1% to $69.1 million.
Education Division revenue grew by 11% to $16.5 million.
Operating income was $1.5 million, down from $5.3 million in the previous year.
Net income was $1.2 million, or $0.09 per diluted share, compared to $4.9 million, or $0.36 per diluted share, in the prior year.
The company affirms its fiscal year 2025 revenue guidance to be in the range of $295 million to $305 million in constant currency and Adjusted EBITDA to be in the range of $40 million to $44 million in constant currency.
Visualization of income flow from segment revenue to net income