Grand Canyon Education Inc (OQ:LOPE)
Business Focus: N/A
| Sector: N/A | Industry: N/A |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 2600 W. Camelback Road PHOENIX AZ 85017 |
| Tel: | N/A |
| Website: | https://www.gce.com |
| IR: | See website |
| Key People | ||
| Brian E. Mueller Chairman of the Board, Chief Executive Officer | Daniel E. Bachus Chief Financial Officer | Daniel J. Briggs Chief Executive Officer of Orbis Education Services |
| William Stan Meyer Chief Operating Officer | Dilek Marsh Chief Technology Officer | Kathy J. Claypatch Chief Information Officer |
| Business Overview |
| Grand Canyon Education, Inc. is an education services company, which primarily serves colleges and universities. The Company has developed technological solutions, infrastructure and operational processes to provide services to its institutions on a large scale. It provides technology and academic services, which include learning management system (LMS), internal administration, infrastructure, support, program and curriculum, faculty and related training and development, class scheduling and skills and simulation lab sites. The Company provides counseling services and support, including admissions services, financial aid, counseling services, and field experience counseling. The Company provides marketing and communication services that include lead acquisition, digital communication strategies, brand identity advertising, media planning and strategy, video, data science and analysis. Its back-office services include finance and accounting, human resources, audit and procurement. |
| Financial Overview |
| For the three months ended 31 March 2024, Grand Canyon Education Inc revenues increased 10% to $274.7M. Net income increased 14% to $68M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Investment interest and other increase of 73% to $3.7M (income), Interest Exp-Net of Capitalized Interest decrease of 89% to $2K (expense). |
| Employees: | 5,800 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $4,141M as of Mar 31, 2024 |
| Annual revenue (TTM): | $985.45M as of Mar 31, 2024 |
| EBITDA (TTM): | $292.35M as of Mar 31, 2024 |
| Net annual income (TTM): | $213.43M as of Mar 31, 2024 |
| Free cash flow (TTM): | $219.97M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 29,738,382 as of May 3, 2024 |
| Index Membership: | S&P 400 Mid Cap |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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