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We provide career-focused, post-secondary education services to students at all stages of adult life, from recent high school graduates to working parents, through our accredited academic institutions: High Desert Medical College, which we acquired in July 2010, Central Coast College, which we acquired in January 2019, Integrity College of Health which we acquired in September 2020, and Contra …
15.56% operating margin is respectable but not wide. ROIC at 14.86%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue up 39.5% YoY with margins expanding 2.0pp.
ROIC dropped from 17.83% to 14.86%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
$78M
▲ +39.5% YoY
Net Income (TTM)
$8M
▲ +47.3% YoY
Op. Margin
14.36%
▲ +2.0pp YoY
ROIC
11.81%
▼ -3.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$5M
▲ +465.2% YoY
Op. Cash Flow (TTM)
$6M
▲ +371.1% YoY
Net Debt
-$6M
Net Cash Position
Cash & Equiv.
$22M
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