Legacy Education Inc. balance sheet
At the end of fiscal 2026, Legacy Education Inc. had total assets of $78.5m, total liabilities of $25.8m and shareholders' equity of $52.8m. It held $22.7m in cash against $183,727 of debt: net cash of $22.5m.
Balance sheet
| Fiscal year | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jun 2026 |
|---|---|---|---|---|
| Cash and equivalents | 9 | 10 | 20 | 23 |
| Receivables | 7 | 13 | 15 | 20 |
| Total current assets | 17 | 25 | 37 | 46 |
| Goodwill | 2 | 2 | 7 | 7 |
| Total assets | 27 | 35 | 69 | 79 |
| Total current liabilities | 8 | 10 | 14 | 12 |
| Short-term debt | 1 | 1 | 1 | 0 |
| Long-term debt | 0 | 0 | 0 | 0 |
| Total debt | 1 | 1 | 2 | 0 |
| Total liabilities | 12 | 13 | 28 | 26 |
| Shareholders' equity | 15 | 22 | 41 | 53 |
| Net debt (negative = net cash) | −9 | −9 | −18 | −23 |
| Shares outstanding | 9m | 9m | 12m | 13m |
| Quarter | 2025 Q1Sept 2024 | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 | 2026 Q1Sept 2025 | 2026 Q2Dec 2025 | 2026 Q3Mar 2026 | 2026 Q4Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 12 | 14 | 16 | 15 | 18 | 18 | 19 | 20 |
| Total current assets | 35 | 32 | 35 | 37 | 41 | 42 | 44 | 46 |
| Goodwill | 2 | 7 | 7 | 7 | 6 | 7 | 7 | 7 |
| Total assets | 51 | 62 | 67 | 69 | 72 | 73 | 75 | 79 |
| Total current liabilities | 11 | 13 | 13 | 14 | 15 | 14 | 13 | 12 |
| Short-term debt | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total debt | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Total liabilities | 18 | 26 | 28 | 28 | 28 | 27 | 26 | 26 |
| Shareholders' equity | 33 | 36 | 39 | 41 | 44 | 46 | 50 | 53 |
| Shares outstanding | 12m | 12m | 12m | 12m | 12m | 13m | 13m | 13m |
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