EDC net loss widens to $1.4 million in Q1 FY27; net revenues drop 33.1% to $4.76 million

Educational Development Corporation

Educational Development Corporation

EDUC

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  • EDC posted a net loss of USD 1.4 million for the quarter ended May 31, 2026, widening from a loss of USD 1.08 million.
  • Net revenues fell 33.09% to USD 4.76 million, while gross margin slid 31.82% to USD 2.82 million.
  • PaperPie operating income narrowed 20% to USD 378,600 as average active Brand Partners dropped 31.2% to 5,300.
  • Publishing operating income decreased 50% to USD 91,000 as net revenues declined 40% to 580,900.
  • Operating cash flow turned positive to USD 564,300; EDC also obtained a USD 2 million short-term loan for near-term liquidity.


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