M&A
confidence high
sentiment neutral
materiality 0.60
Perdoceo files financials for acquired University of St. Augustine; FY23 revenue $170.5M
PERDOCEO EDUCATION Corp
- Acquired entity revenue net of discounts: $170.5M (2023), $176.4M (2022); net income $15.0M (2023), $20.8M (2022).
- Total assets as of Dec 31, 2023: $559.1M; long-term debt (net) $172.2M; stockholder's equity $269.5M.
- Pro forma unaudited combined income statements for FY23 and nine months ended Sep 30, 2024 also filed.
- Acquisition closed Dec 2, 2024 for $137.8M cash; this amendment provides required financial statements.