<span item_type="fundamental" item_id="8b1203925333816246b18cf33434c0e9" counter_id="ST/US/EDUC" env="prod"></span><span item_type="announcement" item_id="650184516807689345" env="prod"></span><p>Revenue: As of FY2026, the actual value is USD 22.91 M.</p><p>EPS: As of FY2026, the actual value is USD 0.27.</p><p></p><h3>Fiscal Year Summary (Ended February 28, 2026 vs. February 28, 2025)</h3><h4>Operational Metrics</h4><ul><li><strong>Average Active PaperPie Brand Partners</strong>: Totaled 5,800 for the fiscal year ended February 28, 2026, compared to 12,300 in the prior fiscal year <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/31667/000118518526001926/educex99-1.htm"></span>.</li></ul><h4>Operating Profit/Loss</h4><ul><li><strong>Earnings Before Income Taxes</strong>: Totaled $5.3 million ($5,346,800) for the fiscal year ended February 28, 2026, compared to - $6,855,000 for the fiscal year ended February 28, 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/31667/000118518526001926/educex99-1.htm"></span>. Excluding a gain on the building sale of $12.2 million, loss before income taxes was - $6.9 million <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/31667/000118518526001926/educex99-1.htm"></span>.</li></ul><h4>Income Tax Expense</h4><ul><li><strong>Income Tax Expense</strong>: Was $3.0 million ($3,021,600) for the fiscal year ended February 28, 2026, with an effective tax rate of 56.5% due to a one-time valuation allowance of $1.5 million, compared to - $1,591,400 for the fiscal year ended February 28, 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/31667/000118518526001926/educex99-1.htm"></span>.</li></ul><h4>Net Income/Loss</h4><ul><li><strong>Net Earnings</strong>: Totaled $2.3 million ($2,325,200) for the fiscal year ended February 28, 2026, compared to - $5,263,600 for the fiscal year ended February 28, 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/31667/000118518526001926/educex99-1.htm"></span>.</li></ul><h3>Fourth Quarter Summary (Ended February 28, 2026 vs. February 28, 2025)</h3><h4>Operational Metrics</h4><ul><li><strong>Average Active PaperPie Brand Partners</strong>: Totaled 4,500 for the three months ended February 28, 2026, compared to 9,400 in the prior fiscal fourth quarter <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/31667/000118518526001926/educex99-1.htm"></span>.</li></ul><h4>Operating Profit/Loss</h4><ul><li><strong>Loss Before Income Taxes</strong>: Was - $2.1 million (- $2,096,400) for the three months ended February 28, 2026, compared to - $1,530,000 for the three months ended February 28, 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/31667/000118518526001926/educex99-1.htm"></span>.</li></ul><h4>Income Tax Expense</h4><ul><li><strong>Income Tax Expense</strong>: Was $1.0 million ($1,010,600) for the three months ended February 28, 2026, due to a one-time valuation allowance of $1.5 million, compared to - $184,500 for the three months ended February 28, 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/31667/000118518526001926/educex99-1.htm"></span>.</li></ul><h4>Net Income/Loss</h4><ul><li><strong>Net Loss</strong>: Totaled - $3.1 million (- $3,107,000) for the three months ended February 28, 2026, compared to - $1,345,500 for the three months ended February 28, 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/31667/000118518526001926/educex99-1.htm"></span>.</li></ul><h3>Other Key Financial and Operational Metrics</h3><ul><li><strong>Hilti Complex Sale</strong>: Educational Development Corporation completed the sale of the Hilti Complex for $32.2 million during the third quarter of fiscal 2026 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/31667/000118518526001926/educex99-1.htm"></span>.</li><li><strong>Debt Reduction</strong>: Bank borrowings totaling $30.9 million were completely paid off, resulting in the company being debt-free <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/31667/000118518526001926/educex99-1.htm"></span>.</li><li><strong>Inventory Levels</strong>: Reduced from $44.7 million to $37.7 million during fiscal 2026, generating $7.0 million of cash flows <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/31667/000118518526001926/educex99-1.htm"></span>.</li><li><strong>Operating Expense Reductions</strong>: A strategic restructuring of office and warehouse staff, including executive pay reductions and other expense reductions, is expected to result in over $1.2 million in savings to general and administrative expenses in fiscal 2027 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/31667/000118518526001926/educex99-1.htm"></span>.</li><li><strong>Line of Credit</strong>: Educational Development Corporation announced a new $2.0 million Line of Credit with Regent Bank to provide additional working capital <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/31667/000118518526001926/educex99-1.htm"></span>.</li></ul><h3>Outlook</h3><p>Educational Development Corporation expects cash flow from continued inventory reductions to bolster its financial position <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/31667/000118518526001926/educex99-1.htm"></span>. The company anticipates over $1.2 million in general and administrative expense savings in fiscal 2027 due to strategic restructuring, which will support its purchasing plan and energize sales divisions <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/31667/000118518526001926/educex99-1.htm"></span>. New titles have begun to be released in early fiscal 2027, with more planned for summer and fall <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/31667/000118518526001926/educex99-1.htm"></span>.</p>

Educational Dev | 8-K: FY2026 Revenue: USD 22.91 M