Zovio market cap is $184.7 m, and annual revenue was $417.80 m in FY 2019

Zovio Gross profit (Q2, 2020)59.1 M

Zovio Gross profit margin (Q2, 2020), %56.8%

Zovio Net income (Q2, 2020)5.1 M

Zovio EBIT (Q2, 2020)5.3 M

Zovio Cash, 30-Jun-202075.1 M

USD | FY, 2011 | FY, 2012 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|

## Revenue | 933.3m | 968.2m | 561.7m | 527.1m | 478.4m | 443.4m | 417.8m |

| (12%) | (6%) | (9%) | ||||

## Cost of goods sold | 259.1m | 362.5m | 217.7m | 209.7m | |||

## Gross profit | 674.2m | 605.6m | 225.7m | 208.1m | |||

| 72% | 63% | 51% | 50% | |||

## Sales and marketing expense | 267.4m | 339.2m | 197.6m | 202.2m | 175.4m | 168.8m | 170.8m |

## R&D expense | 281.5m | 263.9m | 237.2m | ||||

## General and administrative expense | 133.1m | 71.0m | 56.6m | 48.8m | 47.4m | 53.0m | 72.4m |

## Operating expense total | 400.5m | 410.2m | 604.0m | 567.3m | 470.5m | 229.7m | 264.7m |

## EBIT | 273.7m | 195.5m | (42.3m) | (40.2m) | 7.9m | (4.0m) | (56.6m) |

| 29% | 20% | (8%) | (8%) | 2% | (1%) | (14%) |

## Interest expense | 56.0k | 130.0k | |||||

## Pre tax profit | 276.5m | 198.8m | (40.2m) | (37.9m) | 9.4m | (2.9m) | (55.6m) |

## Income tax expense | 103.8m | 75.4m | 30.3m | (7.9m) | (1.2m) | (7.6m) | (770.0k) |

## Net Income | 172.8m | 123.4m | (70.5m) | (30.0m) | 10.5m | 4.6m | (54.8m) |

## EPS | (1.5) | (0.6) | 0.3 |

USD | FY, 2011 | FY, 2012 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|

## Cash | 133.9m | 256.0m | 282.1m | 307.8m | 185.1m | 166.3m | 69.3m |

## Accounts Receivable | 62.2m | 67.9m | 24.1m | 26.5m | 27.1m | 27.0m | 35.0m |

## Prepaid Expenses | 17.2m | 19.8m | 52.2m | 23.5m | 22.4m | 18.3m | 20.5m |

## Current Assets | 372.5m | 491.6m | 403.3m | 431.7m | 257.1m | 232.3m | 150.5m |

## PP&E | 89.7m | 96.0m | 21.7m | 12.2m | 10.4m | 16.9m | 34.3m |

## Goodwill | 10.7m | 21.3m | 17.4k | 14.6m | 12.4m | 44.4m | |

## Total Assets | 613.6m | 750.8m | 506.8m | 463.4m | 287.5m | 269.5m | 250.1m |

## Accounts Payable | 9.0m | 4.6m | 4.8m | 77.9m | 71.2m | 62.8m | 68.2m |

## Short-term debt | 2.7m | ||||||

## Current Liabilities | 234.6m | 224.3m | 168.0m | 152.5m | 139.4m | 126.6m | 123.4m |

## Long-term debt | 8.6m | 22.4m | |||||

## Total Debt | 2.7m | 8.6m | 22.4m | ||||

## Total Liabilities | 260.0m | 259.2m | 203.1m | 182.7m | 159.1m | 141.9m | 151.2m |

## Common Stock | 590.0k | 614.0k | 634.0k | 641.0k | 649.0k | 653.0k | 660.0k |

## Preferred Stock | |||||||

## Additional Paid-in Capital | 137.4m | 151.7m | 188.9m | 195.9m | 201.8m | 205.2m | 192.4m |

## Retained Earnings | 351.2m | 474.6m | 451.3m | 421.3m | 431.8m | 430.0m | 375.2m |

## Total Equity | 353.6m | 491.6m | 303.7m | 280.7m | 128.5m | 127.6m | 98.9m |

## Debt to Equity Ratio | 0 x | ||||||

## Debt to Assets Ratio | 0 x | ||||||

## Financial Leverage | 1.7 x | 1.5 x | 1.7 x | 1.7 x | 2.2 x | 2.1 x | 2.5 x |

USD | FY, 2011 | FY, 2012 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|

## Net Income | 172.8m | 123.4m | (70.5m) | (30.0m) | 10.5m | 4.6m | (54.8m) |

## Depreciation and Amortization | 12.7m | 17.4m | 19.6m | 13.1m | 8.9m | 6.8m | 10.2m |

## Accounts Receivable | (60.8m) | (81.6m) | (32.0m) | (34.8m) | (32.8m) | (27.0m) | (18.5m) |

## Accounts Payable | 27.5m | 12.1m | 1.1m | 4.8m | (12.9m) | (12.2m) | 1.9m |

## Cash From Operating Activities | 220.8m | 143.2m | 26.7m | 11.1m | (4.1m) | (7.6m) | (46.1m) |

## Purchases of PP&E | (34.5m) | (25.3m) | (2.6m) | (31.0m) | |||

## Capital Expenditures | (2.5m) | (1.9m) | (3.4m) | ||||

## Cash From Investing Activities | (208.0m) | (23.0m) | 44.6m | 14.7m | 43.7m | (3.5m) | (51.4m) |

## Short-term Borrowings | |||||||

## Long-term Borrowings | |||||||

## Cash From Financing Activities | (67.4m) | 1.9m | 3.8m | (319.0k) | (166.4m) | (3.8m) | (567.0k) |

## Net Change in Cash | (54.6m) | 122.0m | 75.1m | 25.5m | (126.8m) | (14.9m) | (98.0m) |

## Interest Paid | 56.0k | 130.0k | 198.0k | 62.0k | 65.0k | 73.0k | 106.0k |

## Income Taxes Paid | 76.7m | 65.1m | 6.1m | (20.8m) | 387.0k | (3.4m) | (1.5m) |

## Free Cash Flow | 24.2m | 9.2m | (7.5m) |

USD | Q2, 2011 |
---|---|

## Financial Leverage | 1.8 x |