FatCamera/E+ via Getty Images Investment Thesis The FY2022 results and optimism from the management about the future of Lincoln Educational Services (NASDAQ: LINC ) have prompted me to look into it further to see if what the management is saying about rewarding their shareholders, in the long run, is good enough to start a small position right now. A great path to further expansion and even my conservative estimates of the future growth of revenues shows me that the company is very well managed, can generate great cashflows after the aggressive expansion into a hybrid model, the company is a buy at these levels and would expect to be rewarded quite well in the next 5-10 years the management achieves their goals. Briefly on FY2022 Results The company managed to beat estimates even in this low unemployment rate environment. Revenues were 4.5% higher than last year. Not the highest increase, but it is still good considering the environment we’re in. Net income came in at 12.6m, lower than last year due to a substantial increase in costs associated with higher staffing and transition into the hybrid model. The management expects this to keep up in the next year also […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
