K12 provides online education solutions for students in pre-K through 12th grade. The Company is made up of thousands of online school educators providing instruction, academic services, and learning solutions to public schools and districts, traditional classrooms, blended school programs, and directly to families.

TypePublic
HQHerndon, US
Founded1999
Size (employees)4,750 (est)
Websitek12.com
K12 was founded in 1999 and is headquartered in Herndon, US
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Key People/Management at K12

Howard D. Polsky

Howard D. Polsky

Executive Vice President ofGeneral Counsel & Secretary
Allison Cleveland

Allison Cleveland

Executive Vice President of School Management and Services
Nathaniel Davis

Nathaniel Davis

Chief Executive Officer and Chairman of the Board of Directors
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K12 Office Locations

K12 has offices in Boca Raton, Brooklyn, Philadelphia, Herndon and in 35 other locations
Herndon, US (HQ)
2300 Corporate Park Drive Herndon
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K12 Financials and Metrics

K12 Revenue

K12's revenue was reported to be $917.73 m in FY, 2018
USD

Revenue (FY, 2018)

917.7m

Net income (FY, 2018)

27.4m

EBIT (FY, 2018)

25.5m

Market capitalization (17-Oct-2018)

671.6m

Closing stock price (17-Oct-2018)

17.0

Cash (30-Jun-2018)

231.1m

EV

453.8m
K12's current market capitalization is $671.6 m.
Annual
usdFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2018

Revenue

522.4m708.4m848.2m919.6m948.3m872.7m917.7m

Revenue growth, %

36%20%8%3%(8%)

Operating expense total

892.2m

EBIT

22.9m18.4m13.9m25.5m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

228.4m223.9m235.2m236.7m231.3m244.6m221.2m208.8m221.3m229.1m221.1m222.5m228.8m446.0m678.9m

Operating expense total

236.8m232.8m207.8m249.9m210.8m217.2m241.7m194.1m202.2m251.8m202.8m209.8m246.5m450.0m663.2m

EBIT

(8.5m)(8.9m)27.4m(13.2m)20.5m27.4m(20.5m)19.1m(22.7m)18.3m12.8m(17.8m)(4.0m)15.7m

EBIT margin, %

(4%)(4%)12%(6%)9%11%(9%)9%(10%)8%6%(8%)(1%)2%
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2018

Cash

81.8m193.1m144.7m181.5m196.1m195.9m214.0m231.1m

Accounts Receivable

Inventories

31.1m

Current Assets

465.2m459.0m445.9m459.2m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

163.5m162.9m185.3m109.2m124.2m142.9m150.9m171.3m199.5m135.1m182.1m194.7m147.3m189.5m227.9m

Inventories

28.0m23.4m21.3m18.0m19.5m17.8m16.7m17.9m16.1m16.3m17.4m18.8m18.6m18.4m18.1m

Current Assets

528.4m495.6m487.5m468.9m455.1m481.9m488.3m469.7m488.6m472.3m459.8m479.6m498.2m488.8m482.1m

PP&E

62.9m56.3m50.0m52.1m48.1m47.4m31.7m28.7m26.7m31.5m28.4m26.0m32.5m29.5m29.5m
Annual
usdFY, 2014FY, 2015FY, 2016FY, 2018

Net Income

18.1m9.3m8.6m27.4m

Depreciation and Amortization

86.3m83.8m68.2m75.3m

Inventories

6.3m2.9m(1.8m)

Accounts Payable

9.8m(1.2m)(3.9m)(2.3m)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018

Net Income

(5.1m)(4.3m)15.5m(6.6m)12.0m16.5m(12.7m)7.9m13.7m(13.6m)10.9m8.9m5.0m18.1m

Depreciation and Amortization

39.2m57.6m

Inventories

11.2m11.1m

Accounts Payable

41.6m16.6m20.0m42.3m16.8m15.7m31.2m18.4m16.1m(9.1m)(9.2m)
USDY, 2018

EV/EBIT

17.8 x

EV/CFO

4.4 x

Revenue/Employee

193.2k

Financial Leverage

1.3 x
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K12 Operating Metrics

FY, 2017FY, 2018

Online Students

2.20 m

Schools

77 75

Students

50 m

Teachers

2.50 k2.30 k
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K12 Online and Social Media Presence

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K12 News and Updates

Dude Solutions and SchoolPay Announce Seamless K12 Facility Rental Payment Integration

CARY, N.C. and MADISON, Wis., Sept. 6, 2018 /PRNewswire/ -- Dude Solutions, the leading provider of operations management services to education, and SchoolPay, the most advanced enterprise payment solution in the K12 market, today announced an agreement for SchoolPay to power payments in...

K-12 Testing and Assessment 2018 Global Market Key Players – CogniFit, Edutech, ETS, MeritTrac, Pearson Education– Analysis and Forecast to 2025

Wiseguyreports.Com adds “K-12 Testing and Assessment Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday

Writable Closes $3.2 Million in Seed Financing to Help Solve the K12 Writing Proficiency Crisis

PALO ALTO, Calif., Aug. 22, 2018 /PRNewswire/ -- Writable (www.writable.com) today announced $3.2 million in seed financing led by Omidyar Technology Ventures including strategic participation from learning company Houghton Mifflin Harcourt. The financing will be used to expand product...

K-12 Talent Management Software 2018 Global Market Key Players – Cornerstone OnDemand, Halogen Software, PeopleAdmin, Ellucian, IBM – Analysis and Forecast to 2025

Wiseguyreports.Com adds “K-12 Talent Management Software Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday

Online K-12 Education Market 2018 Global Top players, Demand, Trend, Size, Segmentation and Forecast to 2025

Wiseguyreports.Com Added New Market Research Report On -“Global Online K-12 Education Market 2018 Top Manufacturers, Production , Growth and Future Demand Forecast to 2025 ”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Engage! K12 is the Only Learning Platform that Supports the New Robot from SoftBank Robotics

SAN FRANCISCO, Aug. 6, 2018 /PRNewswire/ -- RobotLAB Inc., the award winning Educational Robotics company, announces today that Engage! K12, its leading online learning platform for STEM and robotics, is now supporting the 6th version of the popular NAO Robot by SoftBank Robotics. This...
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K12 Blogs

CASC Student Creates Organization to Stop Bullying

Twelfth grader Abbey Pierce understands firsthand how bullying truly effects kids’ lives. As a victim of bullying herself, Abbey was targeted by her peers throughout elementary and middle school. But she didn’t let it stop her. Instead, she created the organization Kidz Against Bullying (KAB). As a …

Letter to the Editor: Consider Virtual School for Bullied Kids

Originally published in The Daily Chronicle – October 18, 2018 Beginning in elementary school, my granddaughter — DawnRae — was a victim of bullying. The bullying continued into middle school where more than 100 of her classmates sent hateful messages daily on Facebook. When she attempted to leave, …

Online schooling helps teen with anxiety graduate

Originally aired on KVOA-TV – October 17, 2018 TUCSON- A recent high school graduate with anxiety took a non-traditional approach to graduate. Dani McCartney is 19-years-old and now a full time student at Pima Community College, but her education path hasn’t been so easy. “I started high school at a…

Online Schools Provides A Bully-Free Zone For OVCA Student

The bullying began for Carter Britton during the summer before seventh grade when others would make fun of him for his appearance. It continued to escalate as the year progressed and made it increasingly difficult for Carter to focus in school. The taunting worsened to the point where one of his bul…

11-year-old Shreveport chef cooks up success

  Originally aired on KSLA-TV – October 15, 2018   For 11-year-old Owen Osborne, there’s no place like the kitchen.   “My mom and dad really got me into cooking,” said Osborne, a Shreveport native. “From a very young age, I was in the kitchen helping my mom and dad make dinner, lunch and breakfast.”…

IDVA Kicks Off School Year with Harvest Events

Students attending Idaho Virtual Academy (IDVA) may primarily interact with one another through their virtual classrooms, but also routinely gather face-to-face for community service projects and social outings. Such was the case on Friday, October 12, when IDVA hosted “Harvest Events” across the st…
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K12 Company Life and Culture

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