Bridgepoint Education

Bridgepoint Education offers innovative approaches to the challenges faced in higher education. Bridgepoint subsidiaries tackle issues such as affordability, transferability of credits and online convenience, without sacrificing overall academic quality. By providing both online and campus-based programs at Ashford University and University of the Rockies, Bridgepoint offers access to both traditional and adult learners seeking high quality, convenient higher education degree programs. Bridgepoint thrives on an ethos of invention. We are innovators and educators who make learning more accessible, valuable, and meaningful for all. Our people are empowering learners to succeed. We offer technology solutions in Waypoint Outcomes and Thuze. Our Mission: To design innovative solutions that advance learning. Our mission is to provide high quality, innovative educational services to enrich the lives and communities we serve. Bridgepoint Education cares about our community. We direct our efforts toward three philanthropic aims: Education, Youth, and the Military.
Company Growth (employees)
Type
Public
HQ
San Diego, US
Founded
2004
Size (employees)
140 (est)
Bridgepoint Education was founded in 2004 and is headquartered in San Diego, US

Bridgepoint Education Office Locations

Bridgepoint Education has an office in San Diego
San Diego, US (HQ)
13500 Evening Creek Dr N

Bridgepoint Education Data and Metrics

Bridgepoint Education Financial Metrics

Bridgepoint Education's revenue was reported to be $129.5 m in Q1, 2017
USD

Revenue (Q1, 2017)

129.5 m

Net income (Q1, 2017)

9.9 m

EBIT (Q1, 2017)

9.7 m

Market capitalization (18-Aug-2017)

376.2 m

Cash (31-Mar-2017)

164.7 m
Bridgepoint Education's current market capitalization is $376.2 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

768.6 m638.7 m561.7 m527.1 m

Revenue growth, %

(17%)(12%)(6%)

Gross profit

372.7 m317.4 m280.2 m

Gross profit Margin, %

48%50%50%

General and administrative expense

48.8 m

Operating expense total

312.3 m303.1 m322.5 m567.3 m

EBIT

60.4 m14.3 m(42.3 m)(40.2 m)

EBIT margin, %

8%2%(8%)(8%)

Pre tax profit

(40.2 m)(37.9 m)

Income tax expense

30.3 m(7.9 m)

Net Income

41 m9.7 m(70.5 m)(30 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

171.5 m162.7 m142.5 m147.1 m140.8 m133 m138 m136.6 m129.5 m

General and administrative expense

16.7 m15.6 m16.3 m13.2 m13.3 m13.5 m11.7 m11.6 m12 m

Operating expense total

16.7 m15.6 m16.3 m13.2 m13.3 m13.5 m11.7 m11.6 m12 m

EBIT

22.4 m10.6 m(1.2 m)(512 k)(34.5 m)(16.3 m)3.4 m(8.8 m)9.7 m

EBIT margin, %

13%7%(1%)(0%)(24%)(12%)2%(6%)7%

Pre tax profit

23.1 m11.7 m(511 k)(167 k)(34 m)(15.6 m)4 m(8.3 m)10.1 m

Income tax expense

10.2 m5.4 m(140 k)483 k28.7 m(5.5 m)671 k1.2 m236 k

Net Income

13 m6.3 m(371 k)(650 k)(62.7 m)(10.1 m)3.3 m(9.5 m)9.9 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

249.5 m207 m282.1 m307.8 m

Accounts Receivable

28.6 m21.3 m24.1 m26.5 m

Inventories

21.4 m22.8 m52.2 m23.5 m

Current Assets

381.6 m311.4 m403.3 m431.7 m

PP&E

91.4 m78.2 m21.7 m12.2 m

Total Assets

574 m558.1 m506.8 m463.4 m

Accounts Payable

5.2 m1 m4.8 m77.9 m

Current Liabilities

192.7 m160.5 m168 m152.5 m

Total Liabilities

182.7 m

Additional Paid-in Capital

168.8 m180.7 m188.9 m195.9 m

Retained Earnings

515.6 m521.8 m451.3 m421.3 m

Total Equity

348 m365.9 m303.7 m280.7 m

Financial Leverage

1.6 x1.5 x1.7 x1.7 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

150.5 m188.8 m241.3 m261 m242.7 m243.1 m265.4 m258.4 m164.7 m

Accounts Receivable

25.9 m31.4 m30.9 m28.2 m30.8 m34.2 m29.8 m30.6 m32.9 m

Current Assets

331.2 m332 m349.1 m379.2 m367.2 m378.7 m394.5 m382.2 m273 m

PP&E

88.7 m88.1 m75.7 m71.1 m30.6 m19.6 m17.4 m16 m12.2 m

Total Assets

555.5 m568.3 m562.1 m562.5 m505.3 m480.9 m486.3 m464.2 m305.1 m

Accounts Payable

4 m10.5 m6.9 m5.5 m2.1 m70.8 m74.6 m69.2 m67.2 m

Current Liabilities

163 m168.4 m165.6 m159.4 m164.1 m153.2 m155.9 m144.9 m139 m

Additional Paid-in Capital

176.1 m178.1 m181.6 m184.8 m186.4 m190 m191.6 m193 m196.6 m

Retained Earnings

520.7 m527 m521.4 m520.8 m458 m441.2 m444.5 m435.1 m431.2 m

Total Equity

360.3 m368.5 m366.6 m369.1 m307.9 m294.9 m299.8 m291.6 m139.3 m

Financial Leverage

1.5 x1.5 x1.5 x1.5 x1.6 x1.6 x1.6 x1.6 x2.2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

45.9 m9.7 m(70.5 m)(30 m)

Depreciation and Amortization

21.7 m23.3 m19.6 m13.1 m

Accounts Receivable

(34 m)(27 m)(32 m)(34.8 m)

Inventories

(2.4 m)659 k(14 m)13.2 m

Cash From Operating Activities

75.5 m25.2 m26.7 m11.1 m

Capital Expenditures

(14.8 m)(11.4 m)(2.5 m)(1.9 m)

Cash From Investing Activities

115.2 m(33 m)44.6 m14.7 m

Cash From Financing Activities

(197.2 m)2.3 m3.8 m(319 k)

Interest Paid

146 k128 k198 k62 k

Income Taxes Paid

38.6 m15.5 m6.1 m

Free Cash Flow

90.4 m36.6 m29.2 m9.2 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

13 m6.3 m(371 k)(650 k)(62.7 m)(10.1 m)3.3 m(9.5 m)9.9 m

Accounts Receivable

25.9 m31.4 m30.9 m28.2 m30.8 m34.2 m29.8 m30.6 m32.9 m

Accounts Payable

4 m10.5 m6.9 m5.5 m2.1 m
USDY, 2017

Revenue/Employee

924.9 k

Financial Leverage

2.2 x

Bridgepoint Education Market Value History

Bridgepoint Education Median Salaries

Source: 14 public H-1B filings from Bridgepoint Education

Traffic Overview of Bridgepoint Education

Bridgepoint Education Online and Social Media Presence

Bridgepoint Education News and Updates

The unusual case of the cheaply valued share buyback

In theory, companies should only buy back their own shares when they're cheap, but this rarely happens. Andrew Lyddon, author on The Value Perspective blog, highlights a case where it has.  The share buyback can be a beautiful thing – at least in theory. The idea is that a company buys back some …

For-Profit College Ordered To Forgive $24 Million In Student Loans

CFPB director Richard Cordray. Pete Marovich / Getty Images A large for-profit college company, Bridgepoint Education, has been ordered to forgive $23.5 million in private student loans after lying to students about how much the loans would cost.The Consu…

Bridgepoint Education Company Life and Culture

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