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Discontinued — last reported Q1 '24

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Segments

By segment

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Australia / New Zealand$0
Education Technology Services$0
U.S. Higher Education$0

Other financials

Income statement

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Revenue$337.3M+4.9%
Operating income$50.5M+10.3%
Net income$37.2M+14.9%
EPS (diluted)$1.71+24.8%

Balance sheet

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Cash & equivalents$132.1M-8.9%
Total debt$106.7M-11.3%
Total equity$1.6B-2.0%
Total assets$2.1B-1.1%

Cash flow

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Operating cash flow$29.2M-6.5%
CapEx$14.1M+30.5%
Free cash flow$15.0M-26.2%

Valuation

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Market cap$1.86B+5.8%
Enterprise value$1.84B+5.8%
P/E13.9×-1.4×
P/S1.5×0.0×

Profitability

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Operating margin14%+1.3pp
Net margin10.5%+1.2pp
FCF margin13.1%+3.1pp

Returns & leverage

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Return on equity8.2%+1.3pp
Debt / equity0.1×0.0×
Current ratio1.1×-0.2×

Where this comes from

Reported directly by Strategic Education, Inc. in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAcquiredDuringPeriod.

The source filing: Strategic Education, Inc.’s 10-Q, filed April 25, 2024.

Filed
Apr 25, 2024
Fiscal quarter
Q1 FY2024
Calendar quarter
Q1 2024
Accession
0001013934-24-000007
Line itemU.S. Higher EducationAustralia / New ZealandEducation Technology ServicesTotal
Balance as of December 31, 2023$632,075$519,813$100,000$1,251,888
Additions
Impairments
Currency translation adjustments(22,006)(22,006)
Adjustments to prior acquisitions
Balance as of March 31, 2024$632,075$497,807$100,000$1,229,882

Item 1. Financial Statements

FAQ

What is Strategic Education, Inc.'s goodwill additions?
Strategic Education, Inc. (STRA) reported goodwill additions of $0 in Q1 2024.
What does goodwill additions mean?
Represents the value of goodwill recognized during the period as a result of business combinations and acquisitions. This metric indicates the company's inorganic growth strategy and the premium paid for acquired assets. It is a key indicator of capital allocation toward external expansion.

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