Franklin Covey ( (FC) ) has released its Q2 earnings. Here is a breakdown of the information Franklin Covey presented to its investors.
Franklin Covey Co., a global leader in organizational performance improvement, provides world-class content, training, and tools to help organizations and individuals achieve systemic changes in human behavior.
In its second quarter fiscal 2025 earnings report, Franklin Covey reported consolidated revenue of $59.6 million, slightly down from the previous year. Despite a challenging economic environment, the company highlighted growth in its Education Division and strong liquidity, with over $100 million in liquidity and no drawdowns on its credit facility.
Key financial metrics showed a mixed performance, with the Enterprise Division experiencing a decline in revenue due to canceled government contracts and macroeconomic uncertainties. However, the Education Division saw a 3% increase in revenue, driven by higher training and coaching sales. The company’s operating expenses increased, leading to a net loss of $1.1 million for the quarter. Adjusted EBITDA was $2.1 million, reflecting a decrease from the prior year.
Looking forward, Franklin Covey’s management remains optimistic about its new go-to-market strategy in North America, expecting it to drive significant revenue growth in the coming years. Despite revising its fiscal 2025 guidance due to external challenges, the company is confident in its strategic investments and anticipates a strong recovery in fiscal 2026.