American Public Education, Inc. · NASDAQ:APEI
American Public Education — William Blair 42nd Annual Growth Stock Conference (June 2022)
11 slides from American Public Education's conference presentation, Jun 7, 2022
Slide 1: William Blair 42nd Annual Growth Stock Conference Investor Presentation
PRESENTED BY Angela Selden President and CEO American Public Education, Inc. William Blair 42 nd Annual Growth Stock Conference Investor Presentation June 7, 2022
Slide 2: Safe Harbor Statement
Safe Harbor Statement Please note that statements made in this presentation regarding American Public Education and its subsidiaries (the “Company”) that are not historical facts may be forward - looking statements based on current expectations, assumptions, estimates and projections about the Compa
Slide 3: The Bottom-Line Up Front
The Bottom - Line Up Front Large National Nursing Platform Poised for Organic and Inorganic Growth ▪ HCN + Rasmussen = $208MM 1 of nursing revenue ▪ 30 Campuses across 9 States with 10,900 nursing students ▪ Strong demand for nurses: >190k annual RN openings and >60k annual PN openings projected by
Slide 4: The "New" APEI: Educating Service-Minded Students
The “New” APEI: Educating Service - Minded Students Student Focus • Military • Veterans • Public service • Service - minded Offerings • Remote / one - course - at - a - time • Specific bundles (e.g. officer requirements) • Practical training + specialized degrees: • Space • Intelligence • Security •
Slide 5: Market Leading Positions with Service-Minded Students
Market Leading Positions with Service - Minded Students HEROIC TM Affordable High - Quality Outcomes - Focused #1 Educator of Active - Duty Military and Veterans #1 Educator in Creating New Nurses 1 HEROIC TM : Higher Education Return on Investment for Customers 1 APEI is the largest educator of ADN
Slide 6: American Public University System (APUS)
American Public University System (APUS) Background Focus on High Affordability & Quality Outcomes » Provides affordable, high - quality online post - secondary education to service - minded adult learners » #1 Educator of Active - Duty Military » #1 Educator of Veterans » Approximately 90,000 adult
Slide 7: APEI: Building a National Nursing Platform to Address Chronic Issue
APEI: Building a National Nursing Platform to Address Chronic Issue 1. Pro forma trailing twelve months 3 /31/22 Hondros Rasmussen Future Campuses Current Campuses Chronic Nursing Shortfall » BLS annual job projections: RNs: 9% increase from 2020 to 2030; 195k annual openings LPNs: 9% increase f
Slide 8: Strong Tailwind from Chronic National Nursing Shortage
Strong Tailwind from Chronic National Nursing Shortage Projected US Nursing Education Market Size (2) 3.08 3.11 3.14 3.16 3.19 3.22 3.25 3.27 3.30 3.33 3.36 3.00 3.10 3.20 3.30 3.40 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 NURSING WORKFORCE (MM’S) Nursing education market poised for si
Slide 9: APEI Nursing Enrollment Update
• 2Q22 total nursing student enrollment growth of - 1% versus PY comparable period • Comping to steep 30+% PY growth periods • Represents +14% 2 - year CAGR APEI Nursing Enrollment Update 1Q 2022 Forecast 2Q 2022 • 1Q22 nursing enrollment reached record number • 3% growth in nursing in total • ADN/R
Slide 10: APUS and Rasmussen Non-Nursing Enrollment Update
• 1Q22 military registrations strong, +7% compared to 1Q21 • 2Q22 registrations of approximately - 2 to +1% growth versus prior year period or between 80.9K and 83.4K enrollments • Strong military registrations, offset by non - military and veteran broader market decline APUS and Rasmussen Non - Nur
Slide 11: Thank You
Thank You
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