Company Profile
Scientific Learning uses computers to help teach language, reading, and reading comprehension skills in public and private schools in the US and about 45 countries. Its flagship Fast ForWord software offers products to build language skills (elementary students), literacy skills (for students in middle and high school), and reading skills (all levels). The software is used in computer labs and the classroom, in before and after school programs, and during summer school. About 90% of sales come from some 117,000 US schools; international sales are mostly to tutoring and learning centers, professionals working with language-impaired children, and ESL programs. The company also sells directly to parents.
United States
Scientific Learning uses computers to help teach language, reading, and reading comprehension skills in public and private schools in the US and about 45 countries. Its flagship Fast ForWord software offers products to build language skills (elementary students), literacy skills (for students in middle and high school), and reading skills (all levels). The software is used in computer labs and the classroom, in before and after school programs, and during summer school. About 90% of sales come from some 117,000 US schools; international sales are mostly to tutoring and learning centers, professionals working with language-impaired children, and ESL programs. The company also sells directly to parents.
Financial Statements
Financial data as of September 30, 2020 (12 month period) in USD
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Cash Flow (mil) | 2016 | 2015 | 2014 |
---|---|---|---|
Net Operating Cash | $0.22 | $1.25 | -$0.64 |
Net Investing Cash | -$0.98 | -$0.53 | $1.02 |
Net Financing Cash | -$0.02 | $0.76 | -$0.99 |
Net Change in Cash | -$0.78 | $1.48 | -$0.61 |
Cash at Beginning of Period | $3.51 | $2.03 | $2.64 |
Cash at End of Period | $2.73 | $3.51 | $2.03 |
Capital Expenditure | -$0.98 | -$0.53 | -$0.31 |
Assets (mil) | 2016 | 2015 | 2014 |
---|---|---|---|
Current Assets | |||
Cash and Cash Equivalents | $2.73 | $3.51 | $2.13 |
Accounts Receivable | $2.67 | $1.39 | $1.83 |
Inventories | $ | $ | $ |
Other Current Assets | $0.4 | $0.84 | $1 |
Asset Summary | |||
TOTAL CURRENT ASSETS | $5.79 | $5.75 | $4.96 |
Tangible Fixed Assets | $1.48 | $0.81 | $0.47 |
Intangible Assets | $ | $ | $0.01 |
Total Assets | $7.39 | $6.68 | $5.46 |
Liabilities (mil) | 2016 | 2015 | 2014 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $0.29 | $0.1 | $0.49 |
Short-Term Debt | $ | $ | $ |
Other Current Liabilities | $9.36 | $9.12 | $9.04 |
Liability Summary | |||
Total Current Liabilities | $9.65 | $9.22 | $9.53 |
Long-Term Debt | $4.89 | $4.79 | $4.09 |
Other Long-Term Liabilities | $0.11 | $0.1 | $0.33 |
Total Liabilities | $17.09 | $15.24 | $14.32 |
Stakeholder's Equity (mil) | 2016 | 2015 | 2014 |
---|---|---|---|
Equity | |||
Common Stock | $97.49 | $97.24 | $97 |
Retained Earnings | -$107.18 | -$105.79 | -$105.86 |
Equity Summary | |||
Total Equity | -$9.7 | -$8.56 | -$8.86 |
Shares Outstanding | 24,508,505 | 24,344,001 | -- |
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Company Snapshot
Essential information for a successful call
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EMPLOYEES (All Sites)
121
- ASSETS (MIL USD) 7
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REVENUE (MIL USD)
15.85
- Year Started 1995
- Incorporated 1997
- FISCAL YEAR END SEP
Get in Touch with 4 Principals* and 61 Contacts
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Barry MalkinChief Executive Officer
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CHRISTOPHER J BROOKHARTSenior Vice President and General Counsel and Secretary
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MICHAEL A MOSESVice Chairman of the Board
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JANE A FREEMANChief Financial Officer and Treasurer
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