Educational Development Corporation

OverviewSuggest Edit

Educational Development Corporation is the United States trade publisher of a line of children’s books produced in the United Kingdom by Usborne Publishing Limited. The subject matter includes a wide range such as history, languages, natural science, crafts, parent guides, puzzles and beginning readers.  The Home Business Division distributes these books through independent sales consultants who hold book showings in individual homes and through book fairs, fund raisers and direct sales. The Home Business Division is also responsible for sales to school and public libraries. The Company’s Publishing Division distributes the books to book stores, toy stores, specialty stores and other retail outlets throughout the United States.

TypePublic
Founded1965
HQTulsa, OK, US
Websiteedcpub.com
Employee Ratings2.8
Overall CultureA

Latest Updates

Employees (est.) (May 2020)201(+13%)
Revenue (FY, 2021)$204.6 M(+82%)
Share Price (Nov 2021)$9.7
Cybersecurity ratingBMore
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Educational Development Corporation Office Locations

Educational Development Corporation has an office in Tulsa
Tulsa, OK, US (HQ)
5402 S 122nd E Ave
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Educational Development Corporation Financials and Metrics

Educational Development Corporation Revenue

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Educational Development Corporation's revenue was reported to be $204.64 m in FY, 2021
USD

Revenue (Q1, 2022)

40.8m

Gross profit (Q1, 2022)

28.8m

Gross profit margin (Q1, 2022), %

70.5%

Net income (Q1, 2022)

3.4m

Market capitalization (12-Nov-2021)

84.0m

Closing stock price (12-Nov-2021)

9.7

Cash (31-May-2021)

1.8m

EV

96.9m
Educational Development Corporation's current market capitalization is $84 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Revenue

26.3m25.5m26.1m32.5m63.6m106.6m112.0m118.8m113.0m204.6m

Revenue growth, %

25%95%

Cost of goods sold

10.5m10.5m10.5m12.8m20.5m28.6m30.9m39.1m36.9m60.0m

Gross profit

15.7m15.0m15.6m19.8m43.1m78.0m81.0m79.7m76.1m144.6m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Net Income

1.4m802.9k357.6k859.2k2.1m2.9m5.2m6.7m5.6m12.6m

Depreciation and Amortization

(118.1k)114.2k115.4k129.4k274.5k1.1m1.3m1.5m1.4m1.6m

Inventories

(201.1k)118.3k(55.9k)(1.2m)(6.0m)(16.8m)7.1m(7.1m)2.6m(21.5m)

Accounts Payable

469.0k(128.9k)835.7k182.5k6.8m11.4m(4.9m)2.4m(4.6m)9.0m
Quarterly
USDQ2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

426.4k1.2m350.2k488.4k1.0m66.6k1.2m2.3m4.4m1.8m3.3m6.1m1.4m2.4m5.1m1.9m6.2m10.5m3.4m

Depreciation and Amortization

293.3k585.5k911.7k352.8k717.6k1.1m366.2k684.8k1.1m409.9k821.1k1.2m432.0k

Inventories

4.5m4.9m9.8m(1.2m)(7.2m)(4.4m)(160.6k)(2.4m)3.1m3.1m(17.7k)(17.1m)(4.9m)

Accounts Payable

(7.1m)(8.8m)(7.3m)1.4m2.8m3.3m(2.2m)(1.0m)(2.2m)1.4m14.8m35.5m(577.4k)
USDQ2, 2012

Financial Leverage

1.3 x
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Educational Development Corporation Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

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Educational Development Corporation Online and Social Media Presence

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Educational Development Corporation Company Culture

  • Overall Culture

    A

    88/100

  • CEO Rating

    A+

    93/100

  • Compensation

    C+

    74/100

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Educational Development Corporation News and Updates

Educational Development Corporation Announces Executive Management Change

Craig White Promoted to President, Chief Executive Officer and Appointed to the Board of Directors Craig White Promoted to President, Chief Executive Officer and Appointed to the Board of Directors

Educational Development Corporation Announces Record Fiscal First Quarter Estimated Net Revenues, Earnings and Active Sales Consultants in the Company’s UBAM Division

TULSA, Okla., June 16, 2021 (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) reports that the Company has estimated net revenues in fiscal first quarter 2022 totaling approximately $40.8 million. This represents an increase of…

Educational Development Corporation Announces Record Fiscal Fourth Quarter, Fiscal Year 2021 Results

TULSA, Okla., May 12, 2021 (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) today reports record net revenues and earnings per share results for the fiscal fourth quarter and fiscal year ended February 28, 2021.

Educational Development Corporation Announces Record Monthly Net Revenues and Active Sales Consultants in the Company’s UBAM Division

TULSA, Okla., April 07, 2021 (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) reports that the Company has achieved record net revenues in March 2021 totaling approximately $19.1 million, an increase of $10.9 million, or 133%,…

Educational Development Corporation Announces Record Monthly, Quarterly and Fiscal Net Revenues Estimates and Active Sales Consultants in the Company’s UBAM Division

TULSA, Okla., March 11, 2021 (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) reports that the Company has achieved record net revenues in February 2021 totaling approximately $13.0 million, an increase of $6.3 million, or 94%…

Educational Development Corporation Announces Record Monthly January Net Revenues and Active Sales Consultants in the Company’s UBAM Division

TULSA, Okla., Feb. 08, 2021 (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) reports that the Company has achieved record net revenues in January 2021 totaling approximately $11.9 million, an increase of $6.6 million, or 125% …
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Educational Development Corporation Frequently Asked Questions

  • When was Educational Development Corporation founded?

    Educational Development Corporation was founded in 1965.

  • How many employees does Educational Development Corporation have?

    Educational Development Corporation has 201 employees.

  • What is Educational Development Corporation revenue?

    Latest Educational Development Corporation annual revenue is $204.6 m.

  • What is Educational Development Corporation revenue per employee?

    Latest Educational Development Corporation revenue per employee is $1 m.

  • Who are Educational Development Corporation competitors?

    Competitors of Educational Development Corporation include Nation International Edutainment, AND System and Fujisan Magazine Service.

  • Where is Educational Development Corporation headquarters?

    Educational Development Corporation headquarters is located at 5402 S 122nd E Ave, Tulsa.

  • Where are Educational Development Corporation offices?

    Educational Development Corporation has an office in Tulsa.

  • How many offices does Educational Development Corporation have?

    Educational Development Corporation has 2 offices.