← KinderCare Learning Companies, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.5m | $3.9m | $4.1m | $3.7m | $6.7m | $2.2b | $2.5b | $2.7b | $2.7b | $2.7b | |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | $73k | $86k | $55k | $73k | $5.0m | $1.6b | $1.8b | $2.0b | $2.1b | $2.1b | |
| Cost of Revenue | $73k | $86k | $55k | $73k | $107k | $1.4b | $1.8b | $2.0b | $2.1b | $2.1b | |
| Reconciled Cost Of Revenue | $73k | $86k | $55k | $73k | $107k | $1.4b | $1.8b | $2.0b | $2.1b | $2.1b | |
| Gross Profit (derived) | $3.5m | $3.8m | $4.0m | $3.6m | — | $741.2m | $685.9m | $630.5m | $605.2m | — | |
| Total operating expenses | $4.5m | $5.3m | $4.6m | $4.6m | $7.4m | — | — | — | — | — | |
| (Loss) income from operations | ($924k) | ($1.4m) | ($478k) | ($912k) | ($702k) | $389.5m | $275.3m | $79.3m | ($20.1m) | ($20.1m) | |
| Operating Income (Loss) | ($924k) | ($1.4m) | ($478k) | ($912k) | ($702k) | $389.2m | $275.3m | $79.3m | ($20.1m) | ($20.1m) | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | — | — | — | — | — | — | $9.3m | $9.2m | $8.8m | — | |
| Gain (Loss) on Investments | — | — | — | — | — | — | $3.0m | $2.2m | $3.1m | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | $0 | $0 | $178.0m | — | |
| Investment Income, Interest | — | — | — | — | — | — | $6.1m | $7.4m | — | — | |
| Depreciation and amortization | — | — | — | — | — | $88.5m | $109.0m | $117.6m | $124.0m | $124.0m | |
| Impairment losses | — | — | — | — | $7.3m | $15.4m | $13.6m | $10.5m | $204.1m | $204.1m | |
| Interest income | — | — | — | — | — | ($3.0m) | ($6.1m) | ($7.4m) | $4.8m | ($4.8m) | |
| Other income, net | ($52k) | ($107k) | ($146k) | $120k | ($6.7m) | $3.2m | ($1.4m) | ($5.6m) | — | ($5.9m) | |
| Net (loss) income | ($976k) | ($1.5m) | ($623k) | ($792k) | ($7.4m) | $219.2m | $102.6m | ($92.8m) | ($112.9m) | ($112.9m) | |
| Change in net (losses) gains on cash flow hedges | — | — | — | — | — | ($2.0m) | $1.7m | $3.0m | — | ($7.3m) | |
| Professional Fees | $997k | $827k | $142k | $375k | $397k | — | — | — | — | — | |
| Labor and Employee Benefits | — | — | — | $3.2m | $5.5m | — | — | — | — | — | |
| Other Income | — | — | $0 | $130k | $0 | — | — | — | — | — | |
| PPP Loan Forgiveness | — | — | — | $0 | $661k | — | — | — | — | — | |
| Goodwill Impairment | $0 | — | — | $0 | ($7.4m) | — | — | — | — | — | |
| Net Interest Income | — | — | ($146k) | $10k | — | ($98.5m) | ($146.8m) | ($163.2m) | ($79.1m) | — | |
| Management fees - related party | $200k | $203k | — | — | — | — | — | — | — | — | |
| Investment management fees | $1.3m | — | — | — | — | — | — | — | — | — | |
| Depreciation Amortization Depletion Income Statement | — | — | — | — | — | $88.5m | $109.0m | $117.6m | $124.0m | $124.0m | |
| Depreciation And Amortization In Income Statement | — | — | — | — | — | $88.5m | $109.0m | $117.6m | $124.0m | $124.0m | |
| Diluted EPS | — | — | — | — | — | $2.43 | $1.13 | ($0.96) | ($0.95) | — | |
| Diluted NI Availto Com Stockholders | ($976k) | ($1.5m) | ($623k) | ($792k) | ($7.4m) | $219.2m | $102.6m | ($92.8m) | ($112.9m) | ($112.9m) | |
| Impairment Of Capital Assets | — | — | — | — | $7.3m | $15.4m | $13.6m | $10.5m | $204.1m | $204.1m | |
| Interest Income Non Operating | — | — | — | — | — | $3.0m | $6.1m | $7.4m | $4.8m | — | |
| Net Income From Continuing And Discontinued Operation | ($976k) | ($1.5m) | ($623k) | ($792k) | ($7.4m) | $219.2m | $102.6m | ($92.8m) | ($112.9m) | ($112.9m) | |
| Net Income From Continuing Operation Net Minority Interest | ($976k) | ($1.5m) | ($623k) | ($792k) | ($7.4m) | $219.2m | $102.6m | ($92.8m) | ($112.9m) | ($112.9m) | |
| Normalized EBITDA | — | — | — | — | — | $493.2m | $405.4m | $220.4m | $318.7m | — | |
| Normalized Income | — | — | — | — | — | $230.9m | $113.3m | ($84.5m) | $9.6m | — | |
| Reconciled Depreciation | — | — | — | — | — | $88.5m | $109.0m | $117.6m | $124.0m | $124.0m | |
| Selling General And Administration | $748k | $748k | $534k | $673k | $1.1m | $247.8m | $288.0m | $423.1m | $297.2m | $297.2m | |
| Special Income Charges | — | — | — | — | — | ($15.4m) | ($13.6m) | ($10.5m) | ($204.1m) | — | |
| Tax Effect Of Unusual Items | — | — | — | — | — | ($3.7m) | ($2.9m) | ($2.2m) | ($81.6m) | — | |
| Tax Provision | — | — | — | $0 | $8k | $68.6m | $27.4m | $14.6m | $19.5m | $19.5m | |
| Tax Rate For Calcs | — | — | — | — | — | $0 | $0 | $0 | $0 | — | |
| Write Off | — | — | — | — | $7.3m | $15.4m | $13.6m | $10.5m | $204.1m | $204.1m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | — | $129.9m | ($78.2m) | ($93.3m) | — | |
| Total comprehensive (loss) income | — | — | — | — | — | $217.2m | $104.3m | ($89.8m) | — | ($120.2m) | |
| Total Unusual Items | — | — | — | — | — | ($15.4m) | ($13.6m) | ($10.5m) | ($204.1m) | — | |
| Total Unusual Items Excluding Goodwill | — | — | — | — | — | ($15.4m) | ($13.6m) | ($10.5m) | ($204.1m) | — | |
| (Loss) income before income taxes | — | — | — | — | — | $287.8m | $129.9m | ($78.2m) | ($93.3m) | ($93.3m) | |
| Pre-Tax Income | — | — | — | — | — | $287.8m | $129.9m | ($78.2m) | ($93.3m) | ($93.3m) | |
| Net Income Continuous Operations | ($976k) | ($1.5m) | ($623k) | ($792k) | ($7.4m) | $219.2m | $102.6m | ($92.8m) | ($112.9m) | ($112.9m) | |
| Net Income (Loss) Attributable to Parent | ($976k) | ($1.5m) | ($623k) | ($792k) | ($7.4m) | $219.2m | $102.6m | ($92.8m) | ($112.9m) | ($112.9m) | |
| Net Income Including Noncontrolling Interests | ($976k) | ($1.5m) | ($623k) | ($792k) | ($7.4m) | $219.2m | $102.6m | ($92.8m) | ($112.9m) | ($112.9m) | |
| Earnings Per Share, Basic | ($0.03) | ($0.04) | ($0.02) | ($0.01) | ($0.09) | $2.35 | $1.13 | ($0.96) | ($0.95) | ($0.95) | |
| Earnings Per Share, Diluted | ($0.03) | ($0.04) | ($0.02) | ($0.01) | ($0.09) | $2.35 | $1.13 | ($0.96) | ($0.95) | ($0.95) | |
| Basic | — | — | — | — | — | $93,390,000.00 | $90,366,000.00 | $96,309,000.00 | — | $118,329,000.00 | |
| Diluted | — | — | — | — | — | $93,453,000.00 | $90,389,000.00 | $96,309,000.00 | — | $118,329,000.00 | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | — | — | 90.4m | 96.3m | 118.3m | — | |
| Basic Average Shares | — | — | — | — | — | $90.4m | $90.4m | $96.3m | $118.3m | — | |
| Diluted Average Shares | — | — | — | — | — | $90.4m | $90.4m | $96.3m | $118.3m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | — | — | 90.4m | 96.3m | 118.3m | — | |
| Selling, General and Administrative Expense | $748k | $748k | $534k | $673k | $1.1m | $247.8m | $288.0m | $423.1m | $297.2m | $297.2m | |
| Selling, general, and administrative expenses | $748k | $748k | $534k | $673k | $1.1m | $247.8m | $288.0m | $423.1m | $297.2m | $297.2m | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | $1.4m | $5.6m | $5.9m | — | |
| Cost, Depreciation and Amortization | — | — | — | — | — | — | $109.0m | $117.6m | $124.0m | — | |
| Costs and Expenses | — | — | — | — | — | — | $2.2b | $2.6b | $2.8b | — | |
| Cost of services (excluding depreciation and impairment) | $73k | $86k | $55k | $73k | $107k | $1.4b | $1.8b | $2.0b | $2.1b | $2.1b | |
| Depreciation Expense | $100k | $113k | $189k | $167k | $111k | — | — | — | — | — | |
| Marketing Expense | $375k | $267k | $132k | $125k | $78k | — | — | — | — | — | |
| NET OTHER INCOME/EXPENSE | ($52k) | ($107k) | ($146k) | $120k | ($6.7m) | $3.2m | ($1.4m) | ($5.6m) | ($5.9m) | ||
| Interest Expense (non-operating) | ($52k) | ($107k) | ($146k) | ($10k) | ($9k) | $101.5m | $152.9m | $170.5m | $84.0m | $84.0m | |
| Interest expense | ($52k) | ($107k) | ($146k) | ($10k) | ($9k) | $101.5m | $152.9m | $170.5m | $84.0m | $84.0m | |
| Current Income Tax Expense (Benefit) | — | — | — | — | — | — | $44.6m | $44.4m | $12.3m | — | |
| Income tax expense | — | — | — | $0 | $8k | $68.6m | $27.4m | $14.6m | $19.5m | $19.5m | |
| Net Non Operating Interest Income Expense | — | — | ($146k) | $10k | — | ($98.5m) | ($146.8m) | ($163.2m) | ($79.1m) | — | |
| Operating Expense | — | — | — | — | — | $336.3m | $397.0m | $540.7m | $421.2m | — | |
| Other Income Expense | — | — | — | — | — | ($18.7m) | ($12.2m) | ($4.9m) | ($198.2m) | — | |
| Other Non Operating Income Expenses | — | — | — | — | — | ($3.2m) | $1.4m | $5.6m | $5.9m | — | |
| Interest Income (Expense), Net | — | — | — | — | — | — | — | $500k | — | — | |
| Total costs and expenses | — | — | — | — | — | $1.8b | $2.2b | $2.6b | — | $2.8b | |
| Income Tax Expense (Benefit) | — | — | — | — | — | — | $27.4m | $14.6m | $19.5m | — | |
| Total Expenses | — | — | — | — | — | $1.8b | $2.2b | $2.6b | $2.5b | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.