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Income Statement
EDUCATIONAL DEVELOPMENT CORP (EDUC)
EDUCATIONAL DEVELOPMENT CORP (EDUC)
source: myfinsight.com
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Revenues-Product
$21,814,500
Revenues-Transportation Revenue
$1,099,100
Gain from sale of
assets - net
$12,190,900
Other - net
$1,820,200
Net revenues
$22,913,600
Total other income
$14,011,100
Gross margin
$13,604,300
Cost of goods sold
$9,309,300
Earnings (loss) before
income taxes
$5,346,800
Total operating
expenses
$20,789,700
Interest expense
$1,478,900
Net earnings (loss)
$2,325,200
Income tax expense
(benefit)
$3,021,600
General and
administrative
$10,928,100
Sales commissions
$6,399,200
Operating and selling
$3,462,400
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