Laureate Education, Inc. (LAUR)

Laureate Education Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	1,484	1,242	1,087	1,025	1,212
Revenue Growth (YoY)	19.48%	14.32%	6.03%	-15.44%	5.90%
Cost of Revenue	1,090	907.37	814.49	802.46	949.47
Gross Profit	394.51	334.91	272.21	222.46	262.6
Selling, General & Admin	52.61	64.75	204.37	199.79	226.33
Other Operating Expenses	3.4	-0.63	74.18	354.39	-8.67
Operating Expenses	56.01	64.12	278.55	554.18	217.66
Operating Income	338.5	270.78	-6.34	-331.72	44.94
Interest Expense / Income	20.99	16.42	46.28	100.89	125.04
Other Expense / Income	72.32	-0.6	-390.64	310.78	-1,049.63
Pretax Income	245.19	254.96	338.02	-743.4	969.53
Income Tax	137.6	185.39	145.57	-130.07	31.04
Net Income	107.59	69.57	192.45	-613.33	938.48
Net Income Growth	54.64%	-63.85%	-	-	146.09%
Shares Outstanding (Basic)	157	165	181	210	219
Shares Change	-4.42%	-9.20%	-13.68%	-3.90%	-2.42%
EPS (Basic)	0.69	0.42	1.01	-2.93	4.23
EPS (Diluted)	0.68	0.41	1.01	-2.93	4.23
EPS Growth	65.85%	-59.41%	-	-	144.51%
Free Cash Flow	194.34	125.47	-206.53	184.93	184.13
Free Cash Flow Per Share	1.24	0.76	-1.14	0.88	0.84
Dividend Per Share	0.700	1.510	7.590	-	-
Dividend Growth	-53.64%	-80.11%	-	-	-
Gross Margin	26.58%	26.96%	25.05%	21.71%	21.67%
Operating Margin	22.81%	21.80%	-0.58%	-32.37%	3.71%
Profit Margin	7.25%	5.60%	17.71%	-59.84%	77.43%
Free Cash Flow Margin	13.09%	10.10%	-19.00%	18.04%	15.19%
Effective Tax Rate	56.12%	72.71%	43.07%	-	3.20%
EBITDA	369.03	359.91	529.55	-418.79	1,411
EBITDA Margin	24.86%	28.97%	48.73%	-40.86%	116.38%
Depreciation & Amortization	102.85	88.53	145.26	223.72	316.03
EBIT	266.18	271.38	384.29	-642.51	1,095
EBIT Margin	17.93%	21.85%	35.36%	-62.69%	90.31%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).