Mastery Education (PEDH)

Mastery Education Income Statement

Financials in millions USD. Fiscal year is June - May.

Fiscal Year	FY 2012	FY 2011	FY 2010	FY 2009	FY 2008
Period Ending	May 31, 2012	May 31, 2011	May 31, 2010	May 31, 2009	May 31, 2008
Revenue	25.65	31.27	34.92	36.87	39.99
Revenue Growth (YoY)	-17.98%	-10.44%	-5.29%	-7.81%	3.33%
Cost of Revenue	18.24	18.5	20.37	22.93	23.96
Gross Profit	7.41	12.77	14.55	13.93	16.03
Selling, General & Admin	12.32	13.26	13.82	13.82	15.96
Operating Expenses	12.32	13.26	13.82	13.82	15.96
Operating Income	-4.91	-0.5	0.73	0.12	0.07
Interest Expense	-0.31	-0.31	-0.28	-0.68	-1.29
Other Non Operating Income (Expenses)	-0.07	-0.07	-0.04	-0.12	-0.1
EBT Excluding Unusual Items	-5.3	-0.87	0.42	-0.68	-1.31
Asset Writedown	-2.4	-	-	-	-
Pretax Income	-7.7	-0.87	0.42	-0.68	-1.31
Income Tax Expense	1.64	-0.33	0.17	0.43	-0.54
Net Income	-9.33	-0.55	0.25	-1.11	-0.77
Net Income to Common	-9.33	-0.55	0.25	-1.11	-0.77
Shares Outstanding (Basic)	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4
Shares Change (YoY)	-	-	0.18%	0.27%	0.36%
EPS (Basic)	-2.09	-0.12	0.06	-0.25	-0.17
EPS (Diluted)	-2.09	-0.12	0.06	-0.25	-0.17
Free Cash Flow	2.75	5.12	8.04	7.03	5.78
Free Cash Flow Per Share	0.62	1.15	1.80	1.58	1.30
Gross Margin	28.89%	40.83%	41.67%	37.79%	40.08%
Operating Margin	-19.15%	-1.59%	2.09%	0.31%	0.18%
Profit Margin	-36.39%	-1.75%	0.72%	-3.01%	-1.94%
Free Cash Flow Margin	10.73%	16.37%	23.02%	19.07%	14.46%
EBITDA	-4.57	-0.32	0.97	0.44	0.41
EBITDA Margin	-17.83%	-1.01%	2.78%	1.18%	1.02%
D&A For EBITDA	0.34	0.18	0.24	0.32	0.34
EBIT	-4.91	-0.5	0.73	0.12	0.07
EBIT Margin	-19.15%	-1.59%	2.09%	0.31%	0.18%
Effective Tax Rate	-	-	39.81%	-	-

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