American Public Education, Inc. · NASDAQ:APEI
American Public Education — Q4 2010 Earnings Presentation
11 slides from American Public Education's earnings presentation, Feb 17, 2011
Slide 1: Advancing Online Higher Education: Fourth Quarter 2010 Investor Call
Slide: 1 Advancing Online Higher Education A M E R I C A N P U B L I C E D U C A T I O N , I N C. Fourth Quarter 2010 Investor Call
Slide 2: Forward-looking statements
Slide: 2 Statements made in this presentation regarding American Public Education, or its subsidiaries, that are not historical facts are forward-looking statements based on current expectations, assumptions, estimates and projections about American Public Education and the industry. These forward-l
Slide 3: Fourth Quarter 2010 Update
Slide: 3 Fourth Quarter 2010 Update Civilian Growth Accelerates; Driven by Effective Awareness Campaigns & The Compelling Value Proposition of AMU and APU.Military Enrollment Stabilizes; Showing Slight Improvements in Recent Months.Investing in Quality, Brand & Infrastructure; Transition to Sakai LM
Slide 4: Key Accomplishments in 2010
Slide: 4 Key Accomplishments in 2010 Increasing Recognition; Two-time recipient (2009-2010) of Sloan-C Effective Practice Award. This is the first time that representatives from a single institution have been recognized in consecutive years.Scholarly Research; Faculty and staff are encouraged to res
Slide 5: APUS is Leading the Way
Slide: 5 APUS is Leading the Way Affordable Tuition More affordable than in-state tuition at most state schoolsUndergraduate book grant program and few feesNo undergraduate tuition increase in a decade Less student debt upon graduation Focus on Learning Outcomes Recognized for approach to measuring
Slide 6: AMU & APU Graduates
Slide: 6 AMU & APU Graduates * 2010 APUS Alumni Survey, APUS Employer Survey. The Best Judge of Quality: Successful Alumni More than 40% of APUS graduates return for a second degree 98% of APUS alumni employers surveyed would hire another graduate from APUS*93% of alumni surveyed 1 year after gradua
Slide 7: Financial Overview
Slide: 7 Financial Overview
Slide 8: Fourth Quarter 2010 Update
Slide: 8 Fourth Quarter 2010 Update Fourth quarter 2010 revenues increased 29% year-over-year to $56.3 million Operating income increased to $15.8 million Net income increased to $9.6 million, or $0.52 per diluted share Strong Balance Sheet with No Debt $81.4 million in Cash & Cash Equivalents Limit
Slide 9: First Quarter 2011 Outlook
de: 9 First Quarter 2011 Outlook First Quarter 2011 (Y/Y) Net course registration growth from new students1 approximately 25% Net course registrations growth1 approximately 27% Revenue growth approximately 20% Earnings per diluted share $0.43 to $0.45 The following statements are based on current ex
Slide 10: Unique Approach is Key to Long-Term Success
Slide: 10 Unique Approach is Key Long-Term Success A Mission-Driven Organization Executing Existing Strategic Plan Academic Quality Addressing Need for Affordability Relationship Oriented Leveraging Investments in Sakai and New Facilities Preparing for New RegulationsInvesting in Future Growth Addre
Slide 11: Advancing Online Higher Education
Slide: 11 Advancing Online Higher Education A M E R I C A N P U B L I C E D U C A T I O N , I N C. Third Quarter 2010 Investor Call
American Public Education — Q4 2010 Earnings Presentation on 6ix