Zovio Inc (ZVOI)

Zovio Income Statement

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

Year	2021	2020	2019	2018	2017
Revenue	263.03	397.12	417.8	443.37	475.11
Revenue Growth (YoY)	-33.77%	-4.95%	-5.77%	-6.68%	-9.25%
Cost of Revenue	89.51	186	226.74	217.7	235.39
Gross Profit	173.52	211.12	191.05	225.67	239.72
Selling, General & Admin	199.15	213.38	226.18	221.73	222.77
Other Operating Expenses	16.98	59.64	21.47	7.94	10.53
Operating Expenses	216.13	273.02	247.65	229.67	233.3
Operating Income	-42.61	-61.9	-56.6	-3.99	6.43
Other Expense / Income	-0.13	0.12	-1.02	-1.05	-1.51
Pretax Income	-42.48	-62.02	-55.58	-2.95	7.94
Income Tax	-0.13	-13.07	-0.77	-7.58	-1.17
Net Income	-42.35	-48.95	-54.81	4.64	9.11
Net Income Growth	-	-	-	-49.12%	-
Shares Outstanding (Basic)	33	32	29	27	32
Shares Outstanding (Diluted)	33	32	29	28	33
Shares Change	4.06%	8.36%	7.00%	-15.95%	-29.06%
EPS (Basic)	-1.27	-1.53	-1.86	0.17	0.28
EPS (Diluted)	-1.27	-1.53	-1.86	0.17	0.28
EPS Growth	-	-	-	-39.29%	-
Free Cash Flow	-16.87	22.17	-77.12	-10.17	-7.46
Free Cash Flow Per Share	-0.51	0.69	-2.62	-0.38	-0.23
Gross Margin	65.97%	53.16%	45.73%	50.90%	50.46%
Operating Margin	-16.20%	-15.59%	-13.55%	-0.90%	1.35%
Profit Margin	-16.10%	-12.33%	-13.12%	1.05%	1.92%
Free Cash Flow Margin	-6.41%	5.58%	-18.46%	-2.29%	-1.57%
Effective Tax Rate	-	-	-	-	-14.79%
EBITDA	-25.91	-39.97	-26.09	3.84	16.8
EBITDA Margin	-9.85%	-10.07%	-6.25%	0.87%	3.54%
Depreciation & Amortization	16.57	22.05	29.49	6.79	8.86
EBIT	-42.48	-62.02	-55.58	-2.95	7.94
EBIT Margin	-16.15%	-15.62%	-13.30%	-0.66%	1.67%

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).