Last 7 days
1.2%
Last 30 days
10.6%
Last 90 days
17.1%
Trailing 12 Months
9.3%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-08-18 | Mathis Vincent | acquired | - | - | 15,720 | evp, general counsel |
2023-08-18 | Ottolenghi Les | acquired | - | - | 17,190 | chief info. & tech. officer |
2023-08-18 | Rhyu James Jeaho | acquired | - | - | 117,930 | chief executive officer |
2023-08-18 | Blackman Donna | acquired | - | - | 34,390 | chief financial officer |
2023-08-13 | Mathis Vincent | sold (taxes) | -50,120 | 39.59 | -1,266 | evp, general counsel |
2023-08-13 | Rhyu James Jeaho | sold (taxes) | -174,948 | 39.59 | -4,419 | chief executive officer |
2023-08-13 | Blackman Donna | sold (taxes) | -8,036 | 39.59 | -203 | chief financial officer |
2023-08-13 | Ottolenghi Les | sold (taxes) | -19,517 | 39.59 | -493 | chief info. & tech. officer |
2023-08-12 | Blackman Donna | sold (taxes) | -49,645 | 39.59 | -1,254 | chief financial officer |
2023-08-12 | Mathis Vincent | sold (taxes) | -61,522 | 39.59 | -1,554 | evp, general counsel |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | -152 | 2,792 | -% |
2023-08-23 | Rehmann Capital Advisory Group | unchanged | - | -1,693 | 46,855 | -% |
2023-08-22 | COMERICA BANK | new | - | - | - | -% |
2023-08-22 | COMERICA BANK | new | - | - | - | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -2.71 | -156,145 | 1,867,270 | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 5.71 | 1,000 | 491,000 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 6.37 | 4,844 | 475,123 | -% |
2023-08-17 | Orion Portfolio Solutions, LLC | reduced | -21.81 | -249,892 | 717,385 | 0.01% |
2023-08-16 | GTS SECURITIES LLC | new | - | 295,718 | 295,718 | 0.01% |
2023-08-16 | Nuveen Asset Management, LLC | added | 2.39 | -681,571 | 22,949,400 | 0.01% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 13, 2023 | boston partners | 4.21% | 1,811,476 | SC 13G/A | |
Feb 10, 2023 | dimensional fund advisors lp | 7.3% | 3,143,232 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 11.02% | 4,743,708 | SC 13G/A | |
Feb 07, 2023 | blackrock inc. | 15.4% | 6,633,681 | SC 13G/A | |
May 10, 2022 | vanguard group inc | 10.02% | 4,285,669 | SC 13G/A | |
Feb 14, 2022 | boston partners | 5.0% | 2,138,987 | SC 13G | |
Feb 08, 2022 | dimensional fund advisors lp | 6.6% | 2,823,246 | SC 13G/A | |
Feb 03, 2022 | blackrock inc. | 7.1% | 3,020,389 | SC 13G/A | |
Feb 12, 2021 | dimensional fund advisors lp | 7.6% | 3,174,839 | SC 13G/A | |
Feb 10, 2021 | vanguard group inc | 8.56% | 3,554,797 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Aug 22, 2023 | 4 | Insider Trading | |
Aug 22, 2023 | 4 | Insider Trading | |
Aug 22, 2023 | 4 | Insider Trading | |
Aug 22, 2023 | 4 | Insider Trading | |
Aug 16, 2023 | 10-K | Annual Report | |
Aug 15, 2023 | 4 | Insider Trading | |
Aug 15, 2023 | 4 | Insider Trading | |
Aug 15, 2023 | 4 | Insider Trading | |
Aug 15, 2023 | 4 | Insider Trading | |
Aug 15, 2023 | 8-K | Current Report |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MGM | 13.7B | 14.8B | -8.32% | 12.16% | 36.5 | 0.92 | 24.74% | -88.46% |
WYNN | 10.7B | 4.9B | -0.54% | 38.19% | 1.5K | 2.17 | 26.04% | 101.07% |
MID-CAP | ||||||||
MTN | 10.0B | 2.9B | 12.09% | 12.48% | 34.79 | 3.47 | 17.20% | -8.79% |
SCI | 9.2B | 4.0B | -1.84% | 1.25% | 18.76 | 2.27 | -3.19% | -36.23% |
BFAM | 5.0B | 2.2B | -8.57% | 36.10% | 76.15 | 2.22 | 18.83% | -26.84% |
PENN | 3.6B | 6.6B | 2.05% | -23.67% | 4.84 | 0.54 | 4.51% | 252.90% |
LOPE | 3.5B | 928.1M | 2.86% | 41.24% | 18.7 | 3.82 | 2.89% | -12.22% |
GHC | 2.7B | 4.2B | 1.06% | 4.67% | 12.74 | 0.65 | 19.67% | 40.01% |
STRA | 1.9B | 1.1B | -2.90% | 20.26% | 50.64 | 1.72 | 0.26% | -23.35% |
CHGG | 1.1B | 740.4M | -5.97% | -55.19% | 3.88 | 1.47 | -4.64% | 534.34% |
HRB | - | 3.5B | 4.80% | -7.65% | - | - | 0.26% | 0.00% |
SMALL-CAP | ||||||||
LRN | 1.9B | 1.8B | 10.62% | 9.25% | 15.25 | 1.05 | 8.93% | 18.42% |
ATGE | 1.8B | 1.5B | 1.15% | 15.87% | 19.55 | 1.26 | 4.69% | -70.42% |
APEI | 90.1M | 598.9M | -13.92% | -41.86% | -1.34 | 0.15 | 7.59% | 29.57% |
PRDO | 1.1B | 726.7M | 2.42% | 54.54% | 8.52 | 1.49 | 6.17% | 15.53% |
3.2%
18.6%
20.7%
18.2%
84.2%
56.1%
36.5%
Y-axis is the maximum loss one would have experienced if K12 was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 1.6% | 1,837 | 1,809 | 1,761 | 1,712 | 1,687 | 1,629 | 1,599 | 1,566 | 1,537 | 1,408 | 1,273 | 1,155 | 1,041 | 1,028 | 1,024 | 1,022 | 1,016 | 998 | 978 | 940 | 918 |
Gross Profit | 0.7% | 647 | 643 | 622 | 600 | 596 | 565 | 550 | 531 | 535 | 490 | 429 | 390 | 348 | 336 | 343 | 348 | 352 | 362 | 374 | 369 | 325 |
Costs and Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 970 | 946 | 929 | 911 | 892 |
S&GA Expenses | -0.7% | 482 | 485 | 476 | 465 | 440 | 433 | 440 | 440 | 424 | 394 | 357 | 326 | 315 | 308 | 306 | 308 | 307 | 299 | 300 | 300 | 290 |
R&D Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.00 | 9.00 | 9.00 | 10.00 | 9.00 |
EBITDA | -100.0% | - | 258 | 240 | 226 | 245 | 224 | 198 | 172 | 185 | 172 | 146 | 136 | 106 | 102 | 112 | 114 | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.14* | 0.14* | 0.13* | 0.15* | 0.14* | 0.12* | 0.11* | 0.12* | 0.12* | 0.11* | 0.12* | 0.10* | 0.10* | 0.11* | 0.11* | - | - | - | - | - |
Interest Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00 |
Earnings Before Taxes | 12.6% | 173 | 153 | 137 | 126 | 147 | 125 | 100 | 76.00 | 95.00 | 86.00 | 66.00 | 62.00 | 33.00 | 30.00 | 41.00 | 43.00 | 48.00 | 55.00 | 50.00 | 31.00 | 27.00 |
EBT Margin | -100.0% | - | 0.08* | 0.08* | 0.07* | 0.09* | 0.08* | 0.06* | 0.05* | 0.06* | 0.06* | 0.05* | 0.05* | 0.03* | 0.03* | 0.04* | 0.04* | - | - | - | - | - |
Net Income | 13.7% | 127 | 112 | 99.00 | 90.00 | 107 | 90.00 | 70.00 | 53.00 | 71.00 | 66.00 | 51.00 | 47.00 | 25.00 | 23.00 | 33.00 | 36.00 | 37.00 | 43.00 | 38.00 | 27.00 | 28.00 |
Net Income Margin | -100.0% | - | 0.06* | 0.06* | 0.05* | 0.06* | 0.05* | 0.04* | 0.03* | 0.05* | 0.05* | 0.04* | 0.04* | 0.02* | 0.02* | 0.03* | 0.04* | - | - | - | - | - |
Free Cashflow | -100.0% | - | 223 | 230 | 186 | 197 | 199 | 198 | 113 | 131 | 85.00 | 19.00 | 51.00 | 79.00 | 67.00 | 91.00 | 99.00 | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 3.6% | 1,761 | 1,700 | 1,619 | 1,622 | 1,644 | 1,575 | 1,526 | 1,570 | 1,577 | 1,534 | 1,472 | 1,404 | 1,073 | 1,036 | 827 | 813 | 820 | 809 | 784 | 785 | 742 |
Current Assets | 5.8% | 1,065 | 1,007 | 929 | 931 | 951 | 872 | 816 | 858 | 858 | 830 | 768 | 805 | 501 | 487 | 514 | 498 | 530 | 522 | 494 | 485 | 454 |
Cash Equivalents | 9.9% | 411 | 374 | 318 | 195 | 389 | 309 | 257 | 219 | 386 | 329 | 258 | 309 | 213 | 150 | 212 | 166 | 285 | 234 | 203 | 143 | 233 |
Inventory | 60.4% | 37.00 | 23.00 | 24.00 | 28.00 | 36.00 | 24.00 | 24.00 | 25.00 | 40.00 | 29.00 | 29.00 | 24.00 | 28.00 | 20.00 | 20.00 | 21.00 | 30.00 | 17.00 | 17.00 | 18.00 | 26.00 |
Goodwill | 0% | 247 | 247 | 247 | 5.00 | 241 | 241 | 241 | 240 | 240 | 240 | 241 | 175 | 175 | 108 | 90.00 | 90.00 | 90.00 | 90.00 | 90.00 | 90.00 | 90.00 |
Liabilities | 1.6% | 813 | 800 | 777 | 835 | 831 | 794 | 792 | 850 | 773 | 747 | 720 | 685 | 398 | 371 | 176 | 189 | 186 | 184 | 180 | 209 | 155 |
Current Liabilities | 8.8% | 309 | 284 | 249 | 289 | 302 | 250 | 238 | 285 | 306 | 255 | 229 | 236 | 273 | 258 | 134 | 140 | 156 | 149 | 141 | 158 | 116 |
Long Term Debt | 0.1% | 413 | 413 | 412 | 412 | 411 | 411 | 411 | 410 | 299 | 295 | 292 | 288 | - | - | - | - | - | - | - | - | - |
Shareholder's Equity | 5.3% | 947 | 899 | 842 | 787 | 813 | 781 | 734 | 720 | 805 | 787 | 752 | 719 | 675 | 665 | 651 | 625 | 633 | 625 | 604 | 576 | 587 |
Retained Earnings | 13.9% | 354 | 311 | 255 | 205 | 227 | 199 | 156 | 114 | 112 | 102 | 78.00 | 53.00 | 47.00 | 42.00 | 33.00 | 13.00 | 22.00 | 19.00 | 1.00 | -23.04 | -13.43 |
Additional Paid-In Capital | 0.7% | 695 | 691 | 689 | 684 | 687 | 684 | 681 | 708 | 795 | 788 | 777 | 768 | 731 | 725 | 720 | 714 | 713 | 708 | 706 | 701 | 703 |
Shares Outstanding | -0.1% | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 42.00 | 42.00 | 41.00 | 42.00 | 40.00 | 40.00 | 40.00 | 41.00 | 40.00 | 39.00 | 39.00 | 40.00 | 39.00 | 39.00 | 38.00 | 40.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -12.3% | 203 | 232 | 240 | 195 | 207 | 204 | 202 | 117 | 134 | 89.00 | 22.00 | 53.00 | 80.00 | 71.00 | 95.00 | 104 | 142 | 124 | 131 | 115 | 105 |
Share Based Compensation | 5.3% | 20.00 | 19.00 | 20.00 | 16.00 | 19.00 | 23.00 | 30.00 | 39.00 | 39.00 | 37.00 | 30.00 | 27.00 | 24.00 | 22.00 | 20.00 | 18.00 | 17.00 | 18.00 | 19.00 | 22.00 | 21.00 |
Cashflow From Investing | -30.0% | -118 | -90.95 | -106 | -114 | -110 | -149 | -130 | -172 | -165 | -115 | -281 | -214 | -217 | -221 | -52.60 | -49.96 | -61.11 | -61.99 | -63.47 | -64.35 | -50.48 |
Cashflow From Financing | 16.0% | -63.50 | -75.64 | -72.84 | -105 | -93.31 | -76.39 | -73.29 | -34.95 | 205 | 206 | 306 | 304 | 66.00 | 65.00 | -34.99 | -31.52 | -28.99 | -53.41 | -52.01 | -52.70 | -52.72 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 27.00 |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2021 | |
CONSOLIDATED STATEMENTS OF OPERATIONS | |||
Revenues | $ 1,837,358 | $ 1,686,666 | $ 1,536,760 |
Instructional costs and services | 1,190,288 | 1,090,191 | 1,001,860 |
Gross margin | 647,070 | 596,475 | 534,900 |
Selling, general, and administrative expenses | 481,571 | 439,847 | 424,444 |
Income from operations | 165,499 | 156,628 | 110,456 |
Interest expense, net | (8,404) | (8,277) | (17,979) |
Other income (expense), net | 15,452 | (1,277) | 2,829 |
Income before income taxes and income (loss) from equity method investments | 172,547 | 147,074 | 95,306 |
Income tax expense | (45,346) | (40,088) | (24,539) |
Income (loss) from equity method investments | (334) | 144 | 684 |
Net income attributable to common stockholders | $ 126,867 | $ 107,130 | $ 71,451 |
Net income (Weighted average shares) attributable to common stockholders per share: | |||
Basic (in dollars per share) | $ 3.00 | $ 2.58 | $ 1.78 |
Diluted (in dollars per share) | $ 2.97 | $ 2.52 | $ 1.71 |
Basic (in shares) | 42,286,392 | 41,451,101 | 40,211,016 |
Diluted (in shares) | 42,728,108 | 42,441,524 | 41,868,580 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2023 | Jun. 30, 2022 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 410,807 | $ 389,398 |
Accounts receivable, net of allowance of $30,031 and $26,993 | 463,722 | 418,558 |
Inventories, net | 36,716 | 36,003 |
Prepaid expenses | 24,817 | 25,974 |
Other current assets | 129,137 | 80,601 |
Total current assets | 1,065,199 | 950,534 |
Operating lease right-of-use assets, net | 69,508 | 85,457 |
Property and equipment, net | 52,332 | 61,537 |
Capitalized software, net | 83,465 | 71,800 |
Capitalized curriculum development costs, net | 50,787 | 50,580 |
Intangible assets, net | 74,771 | 88,669 |
Goodwill | 246,676 | 241,022 |
Deferred tax asset | 8,776 | |
Deposits and other assets | 109,152 | 93,946 |
Total assets | 1,760,666 | 1,643,545 |
Current liabilities | ||
Accounts payable | 48,854 | 61,997 |
Accrued liabilities | 76,626 | 63,200 |
Accrued compensation and benefits | 57,426 | 73,027 |
Deferred revenue | 76,159 | 53,630 |
Current portion of finance lease liability | 35,621 | 37,389 |
Current portion of operating lease liability | 14,449 | 12,830 |
Total current liabilities | 309,135 | 302,073 |
Long-term finance lease liability | 21,278 | 28,888 |
Long-term operating lease liability | 59,425 | 75,127 |
Long-term debt | 413,035 | 411,438 |
Deferred tax liability | 3,205 | |
Other long-term liabilities | 10,497 | 10,233 |
Total liabilities | 813,370 | 830,964 |
Commitments and contingencies | ||
Stockholders' equity | ||
Preferred stock, par value $0.0001; 10,000,000 shares authorized; zero shares issued or outstanding | ||
Common stock, par value $0.0001; 100,000,000 shares authorized; 48,339,048 and 48,112,664 shares issued; and 43,004,305 and 42,777,921 shares outstanding, respectively | 4 | 4 |
Additional paid-in capital | 695,480 | 687,454 |
Accumulated other comprehensive income (loss) | (35) | 143 |
Retained earnings | 354,329 | 227,462 |
Treasury stock of 5,334,743 shares at cost | (102,482) | (102,482) |
Total stockholders' equity | 947,296 | 812,581 |
Total liabilities and stockholders' equity | $ 1,760,666 | $ 1,643,545 |