AMERICAN PUBLIC EDUCATION INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $313.1m $299.2m $297.7m $286.3m $321.8m $418.8m $606.3m $600.5m $624.6m $648.9m
Cost of Revenue $206.2m $195.4m $115.3m $111.9m $122.2m $172.6m $288.5m $292.9m $295.7m $297.0m
Gross Profit (Calculated) (derived) $106.9m $103.9m $182.4m $174.4m $199.6m $246.2m $317.9m $307.7m $328.9m $351.8m
Operating Income (Loss) $38.3m $34.9m $32.5m $12.8m $24.8m $30.4m ($137.3m) ($48.3m) $33.1m $47.9m
Additional Financial Items
Amortization of Intangible Assets $15.8m $12.2m $3.3m
Goodwill, Impairment Loss $4.7m $0 $0 $7.3m $0 $0 $131.4m $53.0m $0 $0
Income (Loss) from Equity Method Investments $703k ($2.4m) ($7k) ($831k) ($21k) ($5.2m) ($4.4m) $0
Net Income (Loss) Attributable to Parent $24.2m $21.1m $25.6m $10.0m $18.8m $17.8m ($115.0m) ($47.3m) $16.1m $31.6m
Net Income (Loss) Available to Common Stockholders, Basic $18.8m $17.8m ($115.0m) ($53.3m) $10.1m $25.3m
Earnings Per Share, Basic $1.50 $1.30 $1.56 $0.62 $1.27 $0.98 ($6.10) ($2.94) $0.57 $1.40
Earnings Per Share, Diluted $1.49 $1.29 $1.54 $0.62 $1.25 $0.97 ($6.08) ($2.93) $0.55 $1.36
Weighted Average Number of Shares Outstanding, Basic 16.1m 16.2m 16.4m 16.1m 14.9m 18.1m 18.9m 18.1m 17.6m 18.0m
Weighted Average Number of Shares Outstanding, Diluted 16.2m 16.4m 16.6m 16.3m 15.0m 18.3m 18.9m 18.2m 18.1m 18.7m
Business Combination, Acquisition Related Costs $6.3m $1.9m
Costs and Expenses $274.9m $264.4m $265.2m $273.5m $297.0m $388.4m $743.7m $648.9m $591.5m $600.9m
Current Income Tax Expense (Benefit) $15.4m $14.0m $10.2m $7.2m $7.8m $2.0m $6.4m $4.8m $5.8m $4.0m
General and Administrative Expense $68.7m $69.0m $74.5m $78.1m $88.0m $103.4m $120.4m $128.2m $142.0m $144.6m
Interest Expense $3.9m
Operating Lease, Expense $2.6m $2.9m $7.5m $19.9m $20.7m $18.9m $16.9m
Selling and Marketing Expense $59.1m $58.3m $57.0m $60.0m $73.0m $93.3m $154.6m $133.0m $128.8m $137.3m
Income Tax Expense (Benefit) $14.9m $11.5m $9.3m $5.2m $7.0m $7.5m ($36.3m) ($10.7m) $10.4m $12.1m
Interest Income (Expense), Net $116k $185k
Interest Income (Expense), Nonoperating, Net $116k $185k $2.9m $3.9m $1.1m ($4.3m) ($17.7m) ($4.5m) ($2.1m) ($4.2m)