Laureate Education, Inc. (BMV:LAUR)

Laureate Education Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,527	1,567	1,484	1,242	1,087	1,025
Revenue Growth (YoY)	1.26%	5.55%	19.48%	14.32%	6.03%	-15.44%
Cost of Revenue	961.2	976.82	936.54	775.93	684.96	597.88
Gross Profit	566.23	589.82	547.74	466.34	401.74	427.03
Selling, General & Admin	216.57	215.84	205.85	196.18	333.9	314.72
Operating Expenses	216.57	215.84	205.85	196.18	333.9	314.72
Operating Income	349.66	373.98	341.9	270.16	67.84	112.32
Interest Expense	-15.81	-18.1	-20.99	-16.42	-46.28	-100.89
Interest & Investment Income	7.67	8.06	9.09	7.57	4.38	2.17
Earnings From Equity Investments	0.25	0.24	0.17	0.26	-	0.17
Currency Exchange Gain (Loss)	53.07	50.66	-75.7	-17.44	13.79	13.47
Other Non Operating Income (Expenses)	1.76	1.22	-0.33	0.77	-26.21	-28.4
EBT Excluding Unusual Items	396.59	416.06	254.14	244.89	13.52	-1.16
Merger & Restructuring Charges	-	-	-	-	-	-89.65
Gain (Loss) on Sale of Assets	1.78	-1.3	3.57	1.36	-0.6	-7.28
Asset Writedown	-	-	-3.07	-0.14	-72.49	-351.97
Other Unusual Items	-0.03	-0.03	-	-	-77.94	-0.61
Pretax Income	398.34	414.72	254.63	246.11	-137.51	-450.67
Income Tax Expense	111.57	118.98	137.6	185.39	145.57	-130.07
Earnings From Continuing Operations	286.77	295.74	117.03	60.72	-283.08	-320.6
Earnings From Discontinued Operations	0.92	0.65	-9.76	8.26	486.87	-298.1
Net Income to Company	287.69	296.4	107.27	68.98	203.79	-618.7
Minority Interest in Earnings	0.04	0.08	0.32	0.6	-11.34	5.37
Net Income	287.73	296.47	107.59	69.57	192.45	-613.33
Preferred Dividends & Other Adjustments	-	-	-	-	0.09	-0.15
Net Income to Common	287.73	296.47	107.59	69.57	192.36	-613.18
Net Income Growth	133.08%	175.56%	54.64%	-63.85%	-	-
Shares Outstanding (Basic)	151	153	157	168	190	210
Shares Outstanding (Diluted)	152	154	158	168	190	210
Shares Change (YoY)	-3.99%	-2.52%	-6.17%	-11.29%	-9.55%	-5.50%
EPS (Basic)	1.91	1.93	0.68	0.41	1.01	-2.92
EPS (Diluted)	1.90	1.92	0.68	0.41	1.01	-2.93
EPS Growth	143.51%	183.74%	65.77%	-59.36%	-	-
Free Cash Flow	196.74	160.85	194.34	125.47	-206.53	184.93
Free Cash Flow Per Share	1.30	1.04	1.23	0.75	-1.09	0.88
Gross Margin	37.07%	37.65%	36.90%	37.54%	36.97%	41.66%
Operating Margin	22.89%	23.87%	23.03%	21.75%	6.24%	10.96%
Profit Margin	18.84%	18.92%	7.25%	5.60%	17.70%	-59.83%
Free Cash Flow Margin	12.88%	10.27%	13.09%	10.10%	-19.00%	18.04%
EBITDA	415.93	442.22	411.51	329.29	169.02	195.45
EBITDA Margin	27.23%	28.23%	27.73%	26.51%	15.55%	19.07%
D&A For EBITDA	66.27	68.24	69.62	59.13	101.18	83.14
EBIT	349.66	373.98	341.9	270.16	67.84	112.32
EBIT Margin	22.89%	23.87%	23.03%	21.75%	6.24%	10.96%
Effective Tax Rate	28.01%	28.69%	54.04%	75.33%	-	-
Advertising Expenses	-	88.48	75.93	61.87	53.63	45.32

Source: S&P Global Market Intelligence. Standard template. Financial Sources.