$13.98

Last traded 2023-12-15 — delisted

NASDAQ · Consumer Defensive · Education & Training Services · $927.4M mcap · 22M float · 0.877% daily turnover

Revenue

$1.8B +44.1% ▲

5Y CAGR: +48.7%

Gross Profit

$1.3B +36.0% ▲

5Y CAGR: +47.0%

Operating Income

$706M +445.9% ▲

5Y CAGR: +56.6%

Net Income

$39M +125.0% ▲

5Y CAGR: -2.0%

EPS (Diluted)

$-1.49 +53.0% ▲

EBITDA

$984M +267.9% ▲

5Y CAGR: +62.4%

View Full Income Statement

Line Item	FY2018	FY2019	FY2020	FY2021	FY2022
Revenue	$381M	$573M	$1.0B	$1.2B	$1.8B
YoY Growth	+55.9%	+50.4%	+74.9%	+23.0%	+44.1%
Cost of Revenue	$81M	$117M	$221M	$294M	$501M
Gross Profit	$300M	$456M	$781M	$938M	$1.3B
Gross Margin	78.8%	79.5%	77.9%	76.1%	71.8%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$243M	$391M	$643M	$825M	$1.0B
Operating Expenses	$238M	$398M	$645M	$808M	$979M
Operating Income	$62M	$128M	$135M	$129M	$706M
Operating Margin	16.3%	22.4%	13.5%	10.5%	39.8%
Interest Expense	$10M	$171M	$91M	$372M	$638M
Income Before Tax	-$101M	-$43M	$39M	-$174M	$68M
Tax Expense	-$18M	-$33M	$22M	-$16M	$28M
Net Income	-$83M	-$9M	$17M	-$158M	$39M
Net Margin	-21.8%	-1.6%	1.7%	-12.8%	2.2%
EPS (Diluted)	$-1.64	$-0.18	$0.30	$-3.17	$-1.49
EBITDA	$82M	$177M	$258M	$267M	$984M
Shares Outstanding	50M	52M	56M	50M	56M

Line Item	FY2021 Q3	FY2021 Q4	FY2022 Q1	FY2022 Q2	FY2022 Q3	FY2022 Q4	FY2023 Q1	FY2023 Q2
Revenue	$183M	$461M	$430M	$412M	$254M	$679M	$535M	$471M
Cost of Revenue	$45M	$94M	$117M	$133M	$63M	$188M	$216M	$179M
Gross Profit	$139M	$366M	$313M	$279M	$191M	$491M	$319M	$292M
Gross Margin	75.6%	79.5%	72.9%	67.7%	75.3%	72.3%	59.7%	62.0%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$212M	$225M	$236M	$254M	$199M	$259M	$341M	$290M
Operating Expenses	$224M	$212M	$233M	$253M	$241M	$253M	$199M	$335M
Operating Income	-$86M	$155M	$80M	$226M	-$53M	$239M	$95M	-$40M
Operating Margin	-46.9%	33.6%	18.7%	54.9%	-20.9%	35.1%	17.7%	-8.4%
Interest Expense	$44M	$163M	$94M	$238M	$121M	$149M	$116M	$109M
Income Before Tax	-$196M	$27M	$109M	-$12M	-$108M	$79M	$61M	-$110M
Tax Expense	-$52M	$33M	$6M	$1M	-$35M	$56M	-$30M	-$36M
Net Income	-$144M	-$6M	$103M	-$13M	-$72M	$23M	$91M	-$74M
Net Margin	-78.6%	-1.3%	23.9%	-3.2%	-28.5%	3.3%	16.9%	-15.7%
EPS (Diluted)	$-2.52	$-0.10	$1.82	$-0.24	$-1.30	$0.40	$1.38	$-1.12
EBITDA	-$110M	$249M	$285M	$301M	$2M	$305M	$188M	$87M
Shares Outstanding	57M	57M	56M	56M	56M	56M	66M	66M

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