Strategic Education Inc (OQ:STRA)

Sector:  N/A Industry:  N/A
 
See Regulatory Filings on SEC
Company Contact
Address: 2303 Dulles Station Blvd
HERNDON VA 20171-6353
Tel: 1-612-9776331
Website: https://www.strategiceducation.com
IR: See website
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Key People
Robert S. Silberman
Executive Chairman of the Board
Raymond Karl Mcdonnell
Chief Executive Officer, Director
Daniel Wayne Jackson
Chief Financial Officer, Executive Vice President
Christa E. Hokenson
Chief Human Resource Officer, Senior Vice President
Lizette B. Herraiz
Senior Vice President, General Counsel
 
Business Overview
Strategic Education, Inc. is an education services company. It provides access to education through campus-based and online post-secondary education offerings, as well as through programs to develop job-ready skills. It operates through its subsidiaries Capella University and Strayer University, both accredited post-secondary institutions of higher education located in the United States, and Torrens University, an accredited post-secondary institution of higher education located in Australia. Its segments include U.S. Higher Education (USHE), Australia/New Zealand, and Education Technology Services. The USHE segment provides certificate and degree programs to working adults, primarily through Capella University and Strayer University. The Education Technology Services segment develops and maintains relationships with employers to build employee education benefits programs. The Australia/New Zealand segment includes Torrens University, Think Education, and Media Design School.
Financial Overview
For the three months ended 31 March 2024, Strategic Education Inc revenues increased 13% to $290.3M. Net income totaled $29.7M vs. loss of $2M. Revenues reflect U.S. Higher Education segment increase of 11% to $219.2M, Education Technology Services Segment increase of 30% to $23.6M, Australia/New Zealand-Tuition, segment increase of 13% to $45.6M. Net Income reflects U.S. Higher Education segment income increase from $9.6M to $28M.
Employees: 3,774 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $2,599M as of Mar 31, 2024
Annual revenue (TTM): $1,167M as of Mar 31, 2024
EBITDA (TTM): $203.13M as of Mar 31, 2024
Net annual income (TTM): $101.52M as of Mar 31, 2024
Free cash flow (TTM): $62.89M as of Mar 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 24,607,939 as of Mar 31, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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