Zovio (ZVO) stock price, revenue, and financials

Zovio market cap is $137.6 m, and annual revenue was $417.80 m in FY 2019

$137.6 M

ZVO Mkt cap, 22-Sept-2020

$103.9 M

Zovio Revenue Q2, 2020
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

Zovio Income Statement

Annual

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

239.9m242.8m250.4m256.3m252.1m222.0m197.6m133.0m138.0m136.6m129.5m125.0m119.4m118.0m120.8m112.8m109.8m107.5m104.3m97.9m103.9m

Cost of goods sold

62.0m69.6m68.5m65.4m75.7m101.6m106.0m55.1m51.9m51.4m46.4m44.9m

Gross profit

177.9m173.2m182.0m190.9m176.4m120.3m91.5m57.7m57.8m52.8m51.5m59.1m

Gross profit Margin, %

74%71%73%74%70%54%46%51%53%51%53%57%

Sales and marketing expense

62.2m68.8m80.1m78.6m90.3m57.5m57.6m51.7m52.5m52.6m44.8m43.7m43.7m48.2m39.9m41.9m49.1m40.8m41.7m38.8m

R&D expense

69.6m66.4m64.1m63.0m61.1m57.8m56.9m54.0m

General and administrative expense

33.1m34.5m49.5m36.8m36.4m19.4m17.9m13.5m11.7m11.6m12.0m13.6m11.4m12.7m12.5m13.7m15.9m22.5m17.4m17.5m14.5m

Operating expense total

95.3m103.4m129.6m115.4m126.7m76.9m75.5m149.3m134.6m145.4m119.8m118.4m120.9m117.6m109.3m56.9m65.0m127.8m60.7m62.0m53.8m

EBIT

82.5m69.8m52.4m75.5m49.7m43.4m16.0m(16.3m)3.4m(8.8m)9.7m6.2m(1.5m)386.0k11.6m879.0k(7.2m)(20.3m)(7.8m)(10.5m)5.3m

EBIT margin, %

34%29%21%29%20%20%8%(12%)2%(6%)7%5%(1%)0%10%1%(7%)(19%)(8%)(11%)5%

Pre tax profit

83.2m70.4m53.0m76.4m50.7m44.2m17.1m(15.6m)4.0m(8.3m)10.1m6.5m(1.1m)636.0k11.8m1.2m(6.6m)(20.0m)(7.7m)(10.8m)5.4m

Income tax expense

31.1m26.6m20.0m28.9m19.2m17.3m6.7m(5.5m)671.0k1.2m236.0k207.0k(1.2m)(1.7m)(5.4m)(415.0k)46.0k(2.4m)(147.0k)(12.8m)299.0k

Net Income

52.1m43.8m33.0m47.5m31.4m27.0m10.4m(10.1m)3.3m(9.5m)9.9m6.3m39.0k2.3m17.2m1.7m(6.6m)(17.6m)(7.6m)2.0m5.1m

EPS

(0.2)0.1(0.2)0.20.20.10.6

Zovio Balance Sheet

Annual

USDFY, 2011FY, 2012FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

133.9m256.0m282.1m307.8m185.1m166.3m69.3m

Accounts Receivable

62.2m67.9m24.1m26.5m27.1m27.0m35.0m

Prepaid Expenses

17.2m19.8m52.2m23.5m22.4m18.3m20.5m

Current Assets

372.5m491.6m403.3m431.7m257.1m232.3m150.5m

PP&E

89.7m96.0m21.7m12.2m10.4m16.9m34.3m

Goodwill

10.7m21.3m17.4k14.6m12.4m44.4m

Total Assets

613.6m750.8m506.8m463.4m287.5m269.5m250.1m

Accounts Payable

9.0m4.6m4.8m77.9m71.2m62.8m68.2m

Short-term debt

2.7m

Current Liabilities

234.6m224.3m168.0m152.5m139.4m126.6m123.4m

Long-term debt

8.6m22.4m

Total Debt

2.7m8.6m22.4m

Total Liabilities

260.0m259.2m203.1m182.7m159.1m141.9m151.2m

Common Stock

590.0k614.0k634.0k641.0k649.0k653.0k660.0k

Preferred Stock

Additional Paid-in Capital

137.4m151.7m188.9m195.9m201.8m205.2m192.4m

Retained Earnings

351.2m474.6m451.3m421.3m431.8m430.0m375.2m

Total Equity

353.6m491.6m303.7m280.7m128.5m127.6m98.9m

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

1.7 x1.5 x1.7 x1.7 x2.2 x2.1 x2.5 x

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

210.5m161.7m162.1m180.4m181.6m316.6m363.1m243.1m265.4m258.4m164.7m171.5m165.2m171.2m171.6m163.1m141.8m104.6m79.1m61.3m75.1m

Accounts Receivable

78.7m87.7m92.9m99.6m111.0m69.4m60.5m34.2m29.8m30.6m32.9m32.7m34.3m33.6m34.1m28.9m32.1m33.7m35.7m46.7m42.2m

Prepaid Expenses

13.3m14.5m17.9m23.0m22.7m21.4m20.3m42.0m41.4m39.2m23.4m23.9m24.5m21.4m20.5m20.4m19.8m25.8m24.7m28.5m20.1m

Current Assets

387.5m358.7m442.9m468.2m463.6m530.2m541.7m378.7m394.5m382.2m273.0m274.7m270.9m245.7m248.1m234.4m215.2m186.5m167.7m163.3m164.5m

PP&E

75.5m82.4m92.1m95.4m98.3m94.9m94.7m19.6m17.4m16.0m12.2m11.6m10.9m10.0m9.1m14.7m18.8m28.5m33.0m33.3m32.4m

Goodwill

9.4m10.2m11.5m11.7m20.2m19.2m18.3m16.6m15.8m15.2m14.2m13.7m13.3m12.1m47.2m45.9m43.2m41.9m

Total Assets

561.5m566.1m684.2m731.6m747.2m763.1m762.0m480.9m486.3m464.2m305.1m303.9m302.3m274.7m275.3m271.2m275.2m297.1m271.1m261.9m264.1m

Accounts Payable

3.1m6.9m4.7m5.9m7.4m6.9m7.4m70.8m74.6m69.2m67.2m66.1m69.8m66.2m61.7m58.4m83.9m83.9m68.3m62.8m58.6m

Short-term debt

3.3m4.1m

Current Liabilities

231.4m218.9m261.2m251.2m236.1m204.6m188.3m153.2m155.9m144.9m139.0m131.3m131.6m127.9m120.5m116.8m139.8m143.3m122.8m125.4m120.6m

Long-term debt

9.8m24.9m23.9m

Total Debt

3.3m4.1m9.8m24.9m23.9m

Total Liabilities

254.2m242.8m290.0m282.5m269.8m241.0m225.2m186.0m186.6m172.6m165.8m155.0m152.3m146.7m131.3m131.4m153.2m174.8m152.9m156.9m152.1m

Common Stock

578.0k584.0k595.0k600.0k612.0k614.0k615.0k638.0k639.0k639.0k644.0k647.0k648.0k651.0k651.0k653.0k656.0k659.0k659.0k663.0k666.0k

Preferred Stock

Additional Paid-in Capital

120.9m130.1m144.3m151.7m148.3m155.3m159.8m190.0m191.6m193.0m196.6m199.8m200.9m202.2m203.4m203.9m206.2m185.3m188.7m196.3m176.2m

Retained Earnings

284.5m328.3m384.2m431.7m463.1m501.6m511.9m441.2m444.5m435.1m431.2m437.5m437.5m431.0m448.2m443.4m423.4m405.8m398.2m377.3m382.4m

Total Equity

307.3m323.2m394.2m449.1m477.4m522.1m536.8m294.9m299.8m291.6m139.3m148.9m149.9m128.1m144.1m139.8m122.0m122.4m118.3m105.0m112.0m

Financial Leverage

1.8 x1.8 x1.7 x1.6 x1.6 x1.5 x1.4 x1.6 x1.6 x1.6 x2.2 x2 x2 x2.1 x1.9 x1.9 x2.3 x2.4 x2.3 x2.5 x2.4 x

Zovio Cash Flow

Annual

USDFY, 2011FY, 2012FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

172.8m123.4m(70.5m)(30.0m)10.5m4.6m(54.8m)

Depreciation and Amortization

12.7m17.4m19.6m13.1m8.9m6.8m10.2m

Accounts Receivable

(60.8m)(81.6m)(32.0m)(34.8m)(32.8m)(27.0m)(18.5m)

Accounts Payable

27.5m12.1m1.1m4.8m(12.9m)(12.2m)1.9m

Cash From Operating Activities

220.8m143.2m26.7m11.1m(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)44.6m14.7m43.7m(3.5m)(51.4m)

Short-term Borrowings

Long-term Borrowings

Cash From Financing Activities

(67.4m)1.9m3.8m(319.0k)(166.4m)(3.8m)(567.0k)

Net Change in Cash

(54.6m)122.0m75.1m25.5m(126.8m)(14.9m)(98.0m)

Interest Paid

56.0k130.0k198.0k62.0k65.0k73.0k106.0k

Income Taxes Paid

76.7m65.1m6.1m(20.8m)387.0k(3.4m)(1.5m)

Free Cash Flow

24.2m9.2m(7.5m)

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

106.1m149.9m33.0m80.5m111.9m27.0m37.3m(10.1m)(6.8m)(16.3m)9.9m16.2m16.2m2.3m19.5m18.1m(6.6m)(24.2m)(31.8m)2.0m7.2m

Depreciation and Amortization

5.6m8.7m4.1m8.4m12.8m4.8m10.3m3.7m6.9m10.1m2.4m4.7m6.8m1.8m3.5m5.2m1.5m4.2m7.2m3.0m5.9m

Accounts Receivable

(43.9m)(70.2m)(46.1m)(62.5m)(90.2m)(19.4m)(28.7m)(19.6m)(21.6m)(29.9m)(15.8m)(23.3m)(32.3m)(15.8m)(21.4m)(25.4m)(8.7m)(8.6m)(13.5m)(15.0m)(13.6m)

Accounts Payable

19.3m30.1m27.5m21.7m23.6m14.1m2.2m7.5m11.0m5.5m(10.9m)(11.8m)(13.9m)(4.3m)(10.6m)(14.7m)4.6m7.1m(1.2m)(3.2m)(9.1m)

Cash From Operating Activities

116.2m148.7m40.4m76.8m93.6m15.6m32.3m(17.2m)(688.0k)(8.9m)(11.5m)(11.5m)(16.7m)(15.1m)(9.2m)(10.7m)(16.4m)(22.1m)(38.2m)(6.2m)6.7m

Purchases of PP&E

(12.5m)(24.4m)(7.2m)(15.0m)(20.8m)(3.0m)(6.8m)(1.7m)(6.5m)(17.8m)(27.0m)(1.2m)(1.6m)

Capital Expenditures

(291.0k)(944.0k)(1.6m)(1.3m)(2.3m)(2.9m)(809.0k)(1.3m)

Cash From Investing Activities

(52.4m)(103.6m)(16.5m)(38.0m)(46.9m)44.9m74.1m(20.7m)(14.5m)(13.3m)16.3m20.2m19.3m(1.1m)(1.8m)(2.5m)(6.7m)(37.4m)(46.8m)(1.3m)(582.0k)

Long-term Borrowings

Cash From Financing Activities

(41.8m)(71.9m)4.4m7.7m977.0k101.0k787.0k(1.1m)(1.6m)(1.6m)(152.2m)(149.8m)(149.8m)(705.0k)(3.1m)(3.9m)(695.0k)(650.0k)(654.0k)947.0k2.3m

Net Change in Cash

22.0m(26.9m)28.2m46.5m47.7m60.7m107.2m(39.0m)(16.8m)(23.8m)(147.4m)(141.1m)(147.2m)(16.9m)(14.1m)(17.0m)(23.8m)(60.2m)(85.7m)(6.6m)8.4m

Free Cash Flow

(17.5m)(1.6m)(10.4m)(12.8m)(13.8m)(19.6m)(15.9m)(10.5m)

Zovio Ratios

USDQ2, 2011

Financial Leverage

1.8 x

Zovio Operating Metrics

FY, 2015FY, 2016FY, 2017

Courses

1.85 k1.20 k1.20 k

Graduates

93.20 k103 k112 k

Online Students

48.73 k45.01 k40.67 k

Total Enrollment

49.16 k45.09 k40.73 k

Zovio Employee Rating

3.3367 votes
Culture & Values
3.2
Work/Life Balance
3.4
Senior Management
2.9
Salary & Benefits
3.4
Career Opportunities
2.8
Source