Company Overview - Legacy Education is a nationally accredited, for-profit post-secondary education company focused on growing industries like allied healthcare, veterinary, and business[8, 10] - The company operates 4 accredited education institutions with 6 campuses in California, educating 3,245 students as of March 31, 2025[12] - Legacy Education boasts a strong NCLEX pass rate of 83% as of March 31, 2025[12] Financial Performance - Legacy Education's LTM revenue is $59 million, representing a 38% year-over-year growth[10] - The company's LTM adjusted EBITDA is $11.4 million, with a 170% year-over-year increase[10, 65] - The company ended Q3 2025 with $17.3 million in cash and $22 million in working capital[65, 70] Growth Strategy - The company's strategy includes organic enrollment growth, new program development, and accretive acquisitions[10] - Legacy Education leverages a hybrid Interactive Distance Learning (IDL) model to increase flexibility and scalability[20] - The company is focused on expanding its program offerings in core markets such as healthcare, veterinary, and dental[41, 43, 44] Student Outcomes - Legacy Education has an average student placement rate of 75% based on employment 90 days post-graduation as of April 1, 2025[10, 28, 29, 30] - Over 50% of the student enrollment is 24 years of age and younger[33] - The company's top five programs by enrollment represent approximately 65% of total enrollment[51]