Lincoln Educational Services Corporation · NASDAQ:LINC
Lincoln Educational Services — Shareholder Meeting (May 2025)
14 slides from Lincoln Educational Services's shareholder meeting presentation, May 14, 2025
Slide 1: 2025 Shareholders' Meeting
NG S) LINCOLN TECH’ — a 2025 Shareholders’ Meeting
Slide 2: Safe Harbor Statement
Safe Harbor Statement Statements in this presentation regarding Lincoln’s business that are not historical facts may be “forward-looking statements” as that term is defined in the federal securities law. The words “may,” “will,” “expect,” “believe,” “anticipate,” “project,” “plan,” “intend,” “estima
Slide 3: 2024 was an Outstanding Year
2024 was an Outstanding Year We achieved or exceeded our guidance Grew our revenue by 16% Increased our profitability by 60% Increased our starts by 15% Increased our ending population by 14% No debt and $60 million in cash Opened our first new campus in 19 years Replicated 5 programs Strong reaccre
Slide 4: Annual Summary
Annual Summary ($ in millions) Full Year Revenue & Adj. EBITDA Margin Full Year Adj. EBITDA Adjusted EBITDA excludes Somerville campus, East Point, GA (Atlanta) campus for Q1 & Q2 2024, other new campus / new program start-up costs, and other one-time items Full Year Starts Full Year Avg Pop
Slide 5: A Resurgence of the Trades
A Resurgence of the Trades Skepticism about ROI of college Cost of education Practical, AI proof careers Solid middle class opportunities Growing demand Over 95% of our students are pursuing careers that the U.S Department of Homeland Security considers Essential Critical Infrastructure Workers. The
Slide 6: Investment Opportunity
Investment Opportunity Employers cannot find enough technically trained employees and with the infrastructure bill passed demand for skilled workers should be even greater Lincoln is a leading, technical, hands- on educator and trainer serving high demand industries (transportation, skilled trades a
Slide 7: Our Superior Educational Approach
Our Superior Educational Approach Feedback Integration Student Support Industrial Infrastructure Engaging Curriculum Graduation and Placement Employment Assistance Develop training programs with feedback from employers and key industry associations to understand gaps and needs Integrate industry pre
Slide 8: Largest Provider of Automotive and Skilled Trade Graduates in the East
Lincoln Tech Largest Provider of Automotive and Skilled Trade Graduates in the East Source: IPEDS completions survey 2022-23
Slide 9: Growth Strategy
Growth Strategy New Programs 2024: 4 additional programs and 1 expansion 2025: 5 additional programs and 2 expansions New programs expected to generate ~$1M+ of EBITDA 36 months after opening Efficiencies through Centralization and Automation resulting in cost optimization Expansion of standardizati
Slide 10: Strategic Growth Plan
Strategic Growth Plan * New Locations: East Point, GA; Houston, TX; Levittown, PA (Philadelphia); and Nashville, TN. 2027 Adjusted EBITDA does not include Hicksville, NY which is projected to open Q4 2026 and will be adjusted for losses during the first year of opening. ** 2027 Net Income includes l
Slide 11: Strong Industry Partner Relationships
Strong Industry Partner Relationships Positions Lincoln as long-term solutions provider for both entry level technicians and advanced workforce training Employers appreciate the technical and soft skills of our students Partners provide validation of the quality of our education Co-branding opportun
Slide 12: Experienced Management Team
Experienced Management Team Alexandra Luster SVP, General Counsel & Secretary (30) Val Thomas SVP & Chief Information Officer (14) Stephen Ace SVP of Human Resources (16) Francis Giglio SVP of Compliance and Regulatory (21) James Rasmussen SVP Admissions (18) Chad Nyce EVP, Chief Operating Officer (
Slide 13: Board Of Directors
Board Of Directors Carlton E. Rose Former President, Global Fleet Maintenance & Engineering, UPS; 1981 Lincoln Tech Graduate Scott M. Shaw President & Chief Executive Officer, Lincoln Educational Services Felecia J. Pryor Senior Vice President & Chief People Officer, John Deere Sylvia J. Young Forme
Slide 14: Thank You
Thank You
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