American Public Education, Inc. (OQ:APEI)

Sector:  N/A Industry:  N/A
 
See Regulatory Filings on SEC
Company Contact
Address: 111 W Congress St
CHARLES TOWN WV 25414
Tel: 1-610-4287376
Website: https://www.apei.com/overview/default.aspx
IR: See website
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Key People
Angela K. Selden
President, Chief Executive Officer, Director
Richard W. Sunderland
Chief Financial Officer, Executive Vice President
Nuno S. Fernandes
President - APUS
Javier Miyares
Acting President - RU
Harry T. Wilkins
Chief Executive Officer - HCN
Tanya J. Axenson
Chief Human Resource Officer, Senior Vice President
Craig S. MacGibbon
Executive Vice President, Chief Information Officer
Karmela Gaffney
Senior Vice President, Chief Marketing Officer
Thomas A. Beckett
Senior Vice President, General Counsel, Secretary
Business Overview
American Public Education, Inc., through its institutions, American Public University System (APUS), Rasmussen University (RU), Hondros College of Nursing (HCN), and Graduate School USA (GSUSA), provides online and campus-based postsecondary education and career learning. Its segments include APUS, RU and HCN. APUS segment provides online postsecondary education directed primarily at the needs of the military, military-affiliated, public service and service-minded communities through American Military University (AMU), and American Public University (APU). APUS serves about 90,000 adult learners worldwide via accessible and affordable higher education. RU segment provides nursing and health sciences-focused postsecondary education to over 13,500 students at its 22 campuses in six states and online. HCN segment offers pre-licensure nursing programs that are designed to prepare individuals for productive careers at its eight campuses (six in Ohio, one in Indiana, and one in Michigan).
Financial Overview
For the fiscal year ended 31 December 2023, American Public Education, Inc. revenues decreased 1% to $600.5M. Net loss applicable to common stockholders decreased 54% to $53.3M. Revenues reflect RU Segment decrease of 15% to $214.1M. Lower net loss reflects Impairment of goodwill and intangible as decrease of 56% to $64M (expense), Other Selling and Promotional decrease of 21% to $49.9M (expense).
Employees: 2,393 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $209.09M as of Dec 31, 2023
Annual revenue (TTM): $600.55M as of Dec 31, 2023
EBITDA (TTM): $46.49M as of Dec 31, 2023
Net annual income (TTM): -$53.29M as of Dec 31, 2023
Free cash flow (TTM): $25.61M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 17,558,137 as of Mar 21, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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