Educational Development Corporation

In 1973, Peter Usborne decided that educational, nonfiction books would need to change in order to compete with TV and comics. He borrowed some ideas from these two media and hired educational consultants to oversee the writing to make sure that the books would satisfy the child's interest but also arouse it.

Explanatory books which merely explain are doing only half the job; if a book fails to make its subject attractive and interesting to the reader, chances are that the explanation will fail. Usborne Books are designed graphically to draw the students in, to make them want to learn the material and to help them retain that knowledge. The magic of Usborne Books is that they make both reading and learning fun and not a boring or intimidating experience. Peter Usborne set out to break down a child's resistance to reading and learning at home. These books are so well organized that children absorb and recall much of the vast amount of information presented. Children's books for children that love to read Usborne Books are fascinating, lavishly illustrated books written with humor, surprise and drama. They incorporate activities and puzzles to challenge a child's observation and intelligence. Their superb printing quality and exceptionally well-produced graphics, high ratio of pictures to text, short magazine-like format and unique detail set Usborne Books apart from anything yet produced. There is a wide range of subjects covering hobbies, history, science, nature, foreign language, parent's guides and more. Usborne Books truly appeal to all ages, infants to adults, with prices to suit everyone. The books are printed on acid free paper, so the pages will last forever if taken care of properly.

Type
Public
HQ
Tulsa, US
Founded
1965
Size (employees)
74 (est)
Website
edcpub.com
Educational Development Corporation was founded in 1965 and is headquartered in Tulsa, US

Educational Development Corporation Office Locations

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

Educational Development Corporation Data and Metrics

Educational Development Corporation Financial Metrics

Educational Development Corporation's revenue was reported to be $63.6 m in FY, 2016 which is a 95% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

63.6 m

Revenue growth (FY, 2015 - FY, 2016), %

95%

Net income (FY, 2016)

2.1 m

Market capitalization (26-May-2017)

29.4 m

Closing share price (26-May-2017)

7.3

Cash (29-Feb-2016)

1.2 m
Educational Development Corporation's current market capitalization is $29.4 m.
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Revenue

26.1 m32.5 m63.6 m

Revenue growth, %

25%95%

Net Income

357.6 k859.2 k2.1 m
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Cash

680 k383.9 k1.2 m

Accounts Receivable

Inventories

Current Assets

14.1 m15.3 m22.5 m

Total Assets

16.8 m18 m49.7 m

Accounts Payable

2.5 m2.2 m7.8 m

Dividends Payable

318.2 k322 k366.3 k

Current Liabilities

4.2 m5.7 m18.8 m

Additional Paid-in Capital

8.5 m8.5 m8.5 m

Retained Earnings

14.3 m13.9 m14.6 m

Total Equity

12.6 m12.3 m13.2 m

Financial Leverage

1.3 x1.5 x3.8 x
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Net Income

357.6 k859.2 k2.1 m

Depreciation and Amortization

115.4 k129.4 k274.5 k

Accounts Receivable

(559.7 k)(1.4 m)(676.2 k)

Inventories

Accounts Payable

Cash From Operating Activities

2.8 m(261.6 k)6.7 m

Purchases of PP&E

(77.5 k)(325 k)(24.9 m)

Cash From Investing Activities

(77.5 k)(325 k)(24.9 m)

Dividends Paid

(1.3 m)(1.3 m)(1.4 m)

Cash From Financing Activities

(2.5 m)290.5 k19.1 m

Interest Paid

34.5 k54 k179.8 k

Income Taxes Paid

11 k619.9 k706.4 k
Y, 2016

Financial Leverage

3.8 x

Educational Development Corporation Market Value History

Educational Development Corporation Company Life and Culture

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