Trade American Public Education Inc - APEI CFD

American Public Education Company profile

About American Public Education, Inc.

American Public Education, Inc. (APEI) is a provider of online and campus-based postsecondary education to approximately 91,500 students. The Company operates through two segments: American Public University System, Inc. (APUS) and National Education Seminars, Inc. APUS provides online postsecondary education directed primarily at the needs of the military, military-affiliated, public service and service-minded communities through American Military University (AMU) and American Public University (APU). APUS is institutionally accredited by the Higher Learning Commission (HLC). National Education Seminars, Inc., which is referred to herein as Hondros College of Nursing (HCN) provides nursing education to students enrolled at six campuses in Ohio, including a campus in Akron, Indianapolis and Indiana, to serve the needs of the nursing and healthcare communities. HCN is institutionally accredited by the Accrediting Bureau for Health Education Schools (ABHES).

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, American Public Education, Inc. revenues increased 30% to $418.8M. Net income decreased 6% to $17.8M. Revenues reflect Hondros College, Nursing Programs segment increase of 27% to $45.8M. Net income was offset by Other Selling and Promotional increase of 29% to $92.5M (expense), Other General and Administrative increase of 17% to $98M (expense).

Equity composition

Common Stock $.01 Par, 12/10, 100M auth., 18,593,000 issd., less 682,000 Shs. in treas. @ cost $19.9M. Insiders control 5.98%. IPO 11/09/07, 4.7M shares @ $20pershare by William Blair & Company, L.L.C.