NYSE$FC

Franklin Covey Co · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Franklin Covey reported exceptionally strong fourth quarter results, capping an outstanding 2021 fiscal year.

Franklin Covey reported a record fourth-quarter sales increase of 41% to $68.9 million, driven by strong subscription and subscription services sales. Adjusted EBITDA increased 18% to $10.6 million, and net income improved 84% to $1.8 million.

  • Consolidated sales for the fourth quarter increased 41% to $68.9 million.
  • All Access Pass subscription and subscription services sales grew 41% to $32.0 million.
  • Education Division subscription sales increased 52% to $8.8 million.
  • Adjusted EBITDA increased 18% to $10.6 million.

Headline financials

Total Revenue

$68.9M

Previous: $49M+40.7%
EPS (adj)

$0.13

Previous: $0.07+85.7%
Adjusted EBITDA

$10.6M

No prior period
Capital Expenditures

$417K

Previous: $847K-50.8%
Free Cash Flow

$14.9M

Previous: $8.01M+86.2%
Net Income

$1.81M

Previous: $980K+84.4%
Operating Income

$4.31M

Previous: $3.74M+15.3%
Gross Profit

$53.3M

Previous: $37.9M+40.7%
Cash & Equivalents

$47.4M

Previous: $27.1M+74.7%
Total Assets

$250M

Previous: $205M+21.5%
Stock-Based Comp

$3.49M

Previous: $887K+293.5%

Revenue & EPS history

FranklinCovey · Revenue · Quarterly

$68.9M

Q4 2021+40.7%vs Q4 2020
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

FranklinCovey · $67.1M total across 2 segments · Q4 2021

  • Enterprise Division
    $46M+34.3%
  • Education Division
    $21M+59.1%

Forward guidance

The Company expects fiscal 2022 Adjusted EBITDA to total between $34.0 million and $36.0 million.

Tailwinds

  • Strength of the All Access Pass
  • Leader in Me membership subscriptions
  • Franklin Covey’s growth trajectory across recent years
  • Company remained strong during the pandemic
  • Drive continued growth in fiscal 2022 and subsequent years

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+1.3%

Avg return

Earnings day

+3.2%

Avg return

5 days after

+5.4%

Avg return

30 days after

55%

36 / 65 earnings

Positive

+44.5%

Q2 2026

Best reaction

-26.5%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026
Q2 2026+44.5%+1.2%
Q1 2026+1.0%+11.1%+3.4%
Q4 2025-10.7%-13.0%-10.1%
Q3 2025+2.0%+0.1%-1.6%
Q2 2025-26.5%-29.3%-24.0%
Q1 2025-11.3%-13.8%+7.2%
Q4 2024-8.3%-4.3%-11.6%
Q3 2024+6.5%+6.9%+24.0%
Q2 2024+0.7%-3.6%+1.4%
Q1 2024+1.9%-1.8%+2.0%
Q4 2023-11.0%-11.3%-0.3%
Q3 2023+28.7%+26.2%+32.5%
Q2 2023-17.7%-12.3%-16.6%
Q1 2023-8.4%-7.7%+1.0%
Q4 2022-0.6%-5.8%-0.3%
Q3 2022+19.0%+21.4%+34.8%
Q2 2022-6.8%-3.8%-17.4%
Q1 2022+10.9%+12.1%+2.0%
Q4 2021+5.6%+13.3%+2.9%
Q3 2021+11.6%+6.3%+13.5%
Q2 2021+6.6%+7.1%+8.0%
Q1 2021+4.8%+3.1%+15.8%
Q4 2020+16.4%+36.7%+26.0%
Q3 2020-8.3%-7.1%-0.2%
Q2 2020+15.4%+29.6%+35.8%
Q1 2020-3.6%-2.3%-3.2%
Q4 2019+3.5%+1.0%-2.8%
Q3 2019+8.2%+8.8%+17.0%
Q2 2019+8.4%+5.0%+13.0%
Q1 2019+3.7%+4.3%+5.4%
Q4 2018+3.5%+0.6%+3.0%
Q3 2018-6.8%-8.9%-11.4%
Q2 2018+9.0%-1.9%-4.1%
Q1 2018+14.5%+36.5%+26.6%
Q4 2017+11.0%+2.9%+2.9%
Q3 2017-7.9%-6.2%-12.9%
Q2 2017+26.6%+29.2%+33.2%
Q1 2017-6.4%-6.9%-13.0%
Q4 2016-1.6%+4.4%+14.8%
Q3 2016-4.3%-1.7%+13.4%
Q2 2016-9.8%
Q1 2016+1.5%
Q4 2015-13.3%
Q3 2015-13.0%
Q2 2015-2.2%
Q1 2015-0.5%
Q4 2014+0.5%
Q3 2014+0.3%
Q2 2014+1.1%
Q1 2014+0.7%
Q4 2013+5.3%
Q3 2013+3.8%
Q2 2013-0.7%
Q1 2013+0.9%
Q4 2010-7.0%
Q4 2012-7.0%
Q3 2011+0.6%
Q3 2012+6.2%
Q2 2012-2.2%
Q2 2011-2.2%
Q4 2011-0.6%
Q1 2012-0.6%
Q1 2011-5.0%
Q3 2010+4.1%
Q2 2010+0.9%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro