American Public Education, Inc. · NASDAQ:APEI
American Public Education — Q4 2019 Earnings Presentation
6 slides from American Public Education's earnings presentation, Mar 10, 2020
Slide 1: Fourth Quarter 2019 Results
PURPOSE MADE POSSIBLE PRESENTED BY Angela Selden President and CEO Richard Sunderland, CPA Fourth Quarter 2019 Results Executive VP and CFO March 10,2020 1
Slide 2: Safe Harbor Statement
“An investment in knowledge pays the best interest.” ― Benjamin Franklin Safe Harbor Statement Statements made in this presentation regarding American Public Education, Inc., or its subsidiaries, that are not historical facts are forward-looking statements based on current expectations, assumptions,
Slide 3: Our Priorities & Early Results
FOURTH QUARTER 2019 RESULTS MARCH 10, 2020 OUR PRIORITIES & EARLY RESULTS • Grow the Core Business. Recent value-creation study APUS Net Course Registrations by revealed several promising opportunities and validated our belief Primary Funding Source: that a high ROI on learner educational investment
Slide 4: Financial Summary
FOURTH QUARTER 2019 RESULTS MARCH 10, 2020 FOURTH QUARTER 2019 FINANCIAL SUMMARY $0.11/ $0.37/ $67.9M 74.4M SHARE 638,620 450,223 $210.1M $202.7M CONSOLIDATED CONSOLIDATED REVENUES SHARE ADJUSTED EPS REPURCHASED REPURCHASED SHARES SHARES CASH CASH AND AND EQUIVALENTS EQUIVALENTS REVENUES GAAP(DILUTE
Slide 5: APEI Outlook
FOURTH QUARTER 2019 RESULTS MARCH 10, 2020 APEI OUTLOOK First Quarter 2020 Approximate Y/Y Change These statements APUS Net course registrations1 by new students Approximately +0% are based on current expectations. APUS Net course registrations1 Approximately +1% These statements are forward-looking
Slide 6: Appendix
FOURTH QUARTER 2019 RESULTS MARCH 10, 2020 APPENDIX Three Months Ended Twelve Months Ended December 31, December 31, 2019 2018 2019 2018 COSTS AND EXPENSES Instructional costs and services 37.7% 37.0% 39.1% 38.7% Selling and promotional 20.2% 18.2% 21.0% 19.1% General and administrative 25.4% 24.3%
American Public Education — Q4 2019 Earnings Presentation on 6ix