FRANKLIN COVEY (FC) Company Report

FranklinCovey (FC) reported fiscal year 2025 revenue of $267 million and adjusted EBITDA of $29 million, a decline from $287 million and $56 million respectively in fiscal year 2024. This decrease was primarily attributed to a $16 million investment in sales transformation and the loss of federal government contracts.
The company implemented a $16 million sales transformation in early fiscal year 2025, segmenting its salesforce to target future double-digit top-line growth. Management anticipates a meaningful increase in invoiced amounts in fiscal year 2026, with reported revenue growth expected to accelerate in fiscal year 2027.
Over the past decade, FranklinCovey generated approximately $250 million in free cash flow, allocating $185 million (80-83%) to share buybacks. A new $20 million share buyback program was recently announced, expected to be fully utilized by the end of January.
FranklinCovey's business is largely subscription-based, comprising approximately 85% of total revenue, and the company invests 9.5% to 10% of prior year's revenue annually into content and technology, including recent AI-related product launches.

Nov 20, 2025, 8:40 PM

Transcript

Franklin Covey Discusses Business Transformation and Financial Outlook

Guidance Update

New Projects/Investments

Share Buyback

Franklin Covey's business model is primarily subscription-based, with 85% of current revenue derived from its All Access Pass and associated services.
For fiscal year 2024, the company reported $287 million in revenue and $56 million in adjusted EBITDA.
In fiscal year 2025, revenue declined to $267 million and adjusted EBITDA fell to $29 million, following a $16 million investment in a go-to-market model transformation and external factors.
The company anticipates a meaningful increase in invoiced amounts and deferred revenue in the current fiscal year (FY2026), with reported revenue growth expected to accelerate in fiscal 2027.
Franklin Covey recently announced a new $20 million share buyback program, expected to be fully utilized by the end of January.

Nov 20, 2025, 8:40 PM

Transcript

Franklin Covey Discusses Strategic Sales Transformation and Financial Outlook

New Projects/Investments

Guidance Update

Share Buyback

Franklin Covey (FC) operates a professional development business, with 85% of its revenue derived from a subscription model (All Access Pass) and professional services, alongside an education division.
In fiscal 2025, the company experienced a decline in revenue to $267 million and adjusted EBITDA to $29 million, down from $287 million and $56 million in fiscal 2024. This was primarily due to a $16 million investment in a sales go-to-market model transformation and external factors.
Management anticipates a meaningful increase in invoiced amounts for the current fiscal year (FY2026), with reported revenue and EBITDA growth expected to accelerate significantly in fiscal 2027 as deferred revenue is recognized.
The company has a history of strong free cash flow generation, with approximately $250 million over the last 10 years, and has allocated 80-83% of this (around $185 million) to share buybacks, with a new $20 million program recently announced.

Nov 20, 2025, 8:40 PM

Transcript

FranklinCovey Reports Q4 and Full-Year 2025 Results, Provides Fiscal 2026 Guidance

Earnings

Guidance Update

Revenue Acceleration/Inflection

FranklinCovey reported fiscal year 2025 total revenue of $267.1 million, a 7% decrease from the prior year, with the enterprise division down 10% and the education division up 1%.
For fiscal year 2026, the company anticipates revenue in the range of $265-$275 million and adjusted EBITDA between $28-$33 million, with both expected to be weighted towards the back half of the year.
Despite fiscal 2025 being a period of transition and macroeconomic headwinds, the company expects a return to growth in fiscal 2026, driven by strong Q1 momentum in enterprise North America and a strong year for the education business, with strong invoice growth expected to lead to meaningful top-line growth in fiscal 2027.
The company maintained strong liquidity of over $94 million at the end of Q4 2025 and repurchased approximately 791,000 shares for $20.4 million in fiscal 2025, with a new $50 million share repurchase plan approved.

Nov 5, 2025, 10:00 PM

Transcript

Franklin Covey Reports Q3 FY 2025 Results and Updates Full Year 2025 Guidance

Guidance Update

Earnings

Demand Weakening

Franklin Covey's Q3 FY 2025 revenue of $67.1M was at the low end of its guidance range, while EBITDA of $7.3M exceeded its guidance by $0.3M in constant currency.
The company updated its FY 2025 guidance, lowering the revenue range by $10M to $265M - $275M and adjusting the EBITDA range to $28M - $33M, representing a $2M decrease at the low end.
For Q3 FY 2025, Franklin Covey reported a net loss of $(1.4) million.
The Deferred Subscription Revenue balance increased to $89.3M in Q3 FY 2025, up from $83.8M in Q3 FY 2024.
The Education segment showed strength with subscription revenue increasing 13% and its Deferred Revenue balance growing 21% in Q3 FY 2025, nearing 8,000 Leader In Me schools globally.

Nov 5, 2025, 10:00 PM

Presentation

FranklinCovey Announces Q4 and Full-Year 2025 Financial Results and FY2026 Guidance

Earnings

Guidance Update

Demand Weakening

FranklinCovey reported FY2025 revenue of $267.1M, a 7.0% decrease from FY2024, and Adjusted EBITDA of $28.8M, a 48.0% decrease from FY2024.
For Q4 FY2025, revenue was $71.2M, a 15.3% decline year-over-year, with Adjusted EBITDA at $11.7M, down 48.9% from Q4 FY2024.
The company's FY2025 results were within its guidance range for both revenue and Adjusted EBITDA , though Free Cash Flow significantly decreased to $12.1M in FY2025 from $48.9M in FY2024.
The Deferred Subscription Revenue Balance stood at $111.7M at the end of Q4 FY2025, an increase from $107.9M in Q4 FY2024.
For FY2026, FranklinCovey projects revenue to be between $265M - $275M and Adjusted EBITDA between $28M - $33M.

Nov 5, 2025, 10:00 PM

Presentation

Franklin Covey Co. Reports Q4 and Full Fiscal 2025 Results, Issues FY2026 Guidance

Earnings

Guidance Update

Demand Weakening

Franklin Covey Co. reported consolidated revenue of $71.2 million for Q4 FY2025 and $267.1 million for full fiscal 2025.
Net income for Q4 FY2025 was $4.4 million and for full fiscal 2025 was $3.1 million. Adjusted EBITDA was $11.7 million for Q4 FY2025 and $28.8 million for full fiscal 2025.
Deferred subscription revenue increased 3% year-over-year to $111.7 million as of August 31, 2025, and the company maintains strong liquidity with over $90 million, including $31.7 million in cash.
The company completed $10 million in common stock repurchases during Q4 FY2025 and Q1 FY2026.
For fiscal year 2026, Franklin Covey Co. provides guidance for total revenue in the range of $265 million to $275 million and Adjusted EBITDA between $28 million and $33 million.

Nov 5, 2025, 9:20 PM

8-K

Franklin Covey Reports Q4 and Full Fiscal 2025 Financial Results, Provides FY2026 Guidance

Earnings

Guidance Update

Share Buyback

Franklin Covey reported Q4 FY2025 revenue of $71.2 million and full fiscal 2025 revenue of $267.1 million, both within guidance. This compares to $84.1 million in Q4 FY2024 and $287.2 million in FY2024.
Net income for Q4 FY2025 was $4.4 million ($0.34 per diluted share) and for FY2025 was $3.1 million ($0.24 per diluted share). Adjusted EBITDA for Q4 FY2025 was $11.7 million and for FY2025 was $28.8 million.
Deferred subscription revenue increased 3% year-over-year to $111.7 million at August 31, 2025. The company also reported $31.7 million in cash and cash equivalents and completed $10 million of common stock repurchases during Q4 FY2025 and Q1 FY2026.
For fiscal 2026, Franklin Covey expects total revenue in the range of $265 million to $275 million and Adjusted EBITDA in the range of $28 million to $33 million.

Nov 5, 2025, 9:10 PM

Press Release

Nexon Announces Second Quarter 2025 Financial Results

Earnings

Guidance Update

Share Buyback

Nexon reported better-than-expected results for the second quarter ending June 30, 2025, with revenue of ¥118.9 billion (down 3% year-over-year on an as-reported basis) and operating income of ¥37.7 billion (down 17% year-over-year on an as-reported basis), though net income was significantly impacted by an FX loss.
The MapleStory franchise delivered exceptional performance with 60% year-over-year revenue growth, while the Dungeon &Fighter franchise revenue declined 40% year-over-year due to the Q2 2024 mobile launch.
For the third quarter of 2025, Nexon expects revenue in the range of ¥116.6 billion to ¥127.1 billion and operating income between ¥32.7 billion and ¥41.2 billion, both anticipating year-over-year declines on an as-reported basis.
The company completed a ¥50 billion share repurchase on June 25 and approved an additional ¥25 billion repurchase scheduled from August 14 to October 31, 2025, as part of its ¥100 billion share buyback policy.
Nexon announced the global release of ARC Raiders on October 30 and the early development of a new AAA action-adventure game, Woochi the Wayfarer.

Aug 13, 2025, 4:00 PM

Press Release

Franklin Covey Co. Announces Q3 2025 Results and Updates FY 2025 Guidance

Earnings

Guidance Update

Demand Weakening

Franklin Covey reported Q3 FY 2025 revenue of $67.1 million, which was at the low end of its guidance range, and Adjusted EBITDA of $7.3 million, which beat guidance by $0.3 million in constant currency.
For FY 2025, the company updated its guidance, lowering the revenue outlook to $265 million - $275 million from the previous $275 million - $285 million, and revising the Adjusted EBITDA outlook to $28 million - $33 million from $30 million - $33 million.
The company recorded a net loss of $1.409 million in Q3 FY 2025, compared to a net income of $5.721 million in Q3 FY 2024. Adjusted EBITDA for Q3 FY 2025 decreased 47.5% to $7.3 million from $13.9 million in Q3 FY 2024.
The Education division's subscription revenue increased by 13% in Q3, and its deferred revenue balance grew 21%. The total deferred subscription revenue balance for the company increased to $89.3 million as of May 31, 2025, up from $83.8 million in Q3 FY 2024.