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Genius Group executes buyback of one million shares as part of approved 20% share buyback mandate
GlobeNewswire News Room· 2025-08-07 12:00
Core Viewpoint - Genius Group Limited has executed a share buyback program, repurchasing a total of two million shares at an average price of $1.15 and $1.30 per share, respectively, indicating a strategic move to enhance shareholder value [1][2]. Buyback Details - The recent buyback of one million shares represents 7% of the total shares authorized for repurchase, with a cumulative total of 14% of the approved shares repurchased so far [3]. - The first buyback occurred on July 9, 2025, where one million shares were bought back at an average price of $1.30 per share [2]. Share Structure Changes - Following the buybacks and the conversion of six million shares by CEO Roger Hamilton from Class A to Class C shares, the total number of publicly tradable shares has decreased by 10%, from 67.4 million to 61.4 million [5]. - Additionally, there are 63.4 million shares related to the ERL acquisition and an arbitration case that remain restricted or in escrow, along with 10 million shares held in the treasury [6]. Shareholder Participation - As of the latest update, 56.4% of the company's issued ordinary shares are held at vStock Transfer, while 43.6% remain in broker accounts, reflecting increased shareholder engagement in transferring shares via the Direct Registration System [7]. Future Buyback Plans - The company may consider further buybacks within the approved mandate, balancing this with prudent use of funding facilities to preserve shareholder value based on market conditions and the company's valuation [8]. Company Overview - Genius Group is an AI-powered, Bitcoin-first education group serving 5.8 million users across over 100 countries, providing AI training and solutions tailored for individuals, enterprises, and governments [9].
American Public Education Reports Second Quarter 2025 Financial Results
Prnewswire· 2025-08-06 20:01
Core Insights - American Public Education, Inc. (APEI) reported strong financial results for Q2 2025, exceeding guidance with a revenue increase of 6.5% year-over-year to $162.8 million and a significant rise in Adjusted EBITDA by 38.2% to $15.1 million [6][14] - The company is focused on simplifying its operations, highlighted by the sale of Graduate School USA and the redemption of all preferred equity, which is expected to save approximately $6 million in annual cash expenses [4][6] - APEI reaffirmed its full-year 2025 revenue guidance of $650 million to $660 million while adjusting net income guidance to a range of $18 million to $24 million due to losses from the sale of Graduate School USA [6][16] Financial Performance - Consolidated revenue for Q2 2025 was $162.8 million, up from $152.9 million in Q2 2024, driven by revenue increases across all segments: $6.5 million in Rasmussen University, $4.7 million in American Public University System, and $1.7 million in Hondros College of Nursing [7][14] - Total costs and expenses rose by 3.4% to $155.7 million, primarily due to increased employee compensation, professional fees, and course materials costs [7][8] - The net loss available to common stockholders was ($0.3) million, an improvement from a net loss of ($1.2) million in Q2 2024, reflecting a $3.5 million loss on the redemption of preferred equity [6][14] Operational Highlights - Enrollment growth was noted across the company's educational units, with American Public University System net course registrations increasing by 7.3% and Rasmussen University total student enrollment rising by 7.4% [10][11] - The Department of Education released a $24.5 million letter of credit previously held as restricted cash, further improving the company's balance sheet [4][6] - APEI's total cash, cash equivalents, and restricted cash increased to $176.6 million as of June 30, 2025, compared to $158.9 million at the end of 2024 [9] Future Outlook - For Q3 2025, APEI expects net course registrations for APUS to be between 97,000 and 99,000, and Adjusted EBITDA is projected to be between $15 million and $17 million, reflecting a year-over-year increase of 16% to 32% [13][34] - Full-year 2025 guidance for Adjusted EBITDA has been increased to a range of $81 million to $88 million, indicating a growth of 12% to 22% compared to the previous year [16][34]
Chegg(CHGG) - 2025 Q2 - Earnings Call Transcript
2025-08-05 21:30
Financial Data and Key Metrics Changes - In Q2 2025, the company reported total revenue of $105 million, a decrease of 36% year over year [20] - Adjusted EBITDA for the quarter was $23 million, representing a margin of 22% [21] - The company had 2.6 million subscribers during the quarter, reflecting a year over year decline of 40% [20] - Non-GAAP operating expenses were $64 million, a reduction of approximately $31 million or 33% year over year [20] - Free cash flow for the second quarter was negative $12 million, impacted by severance payments and annual prepayment for hosting expenses [21] - The company concluded the quarter with cash and investments of $114.1 million and a net cash balance of $52 million [22] Business Line Data and Key Metrics Changes - The skills and other revenue segment generated $15 million in Q2, including approximately $7 million from content licensing [20] - Busuu, the language learning business, achieved a 15% year over year revenue increase in Q2, with B2C revenue increasing by 6% year over year and B2B revenue growing by 39% year over year [10][11] - The skills business saw a 16% increase in enrollments quarter over quarter and an 11% increase in monthly active users [12] Market Data and Key Metrics Changes - The language learning market has a significant opportunity, with 78 million success-seeking learners and a $3.2 billion market potential [10] - The skills market is valued at $40 billion, focusing on workplace readiness and upskilling for professional adults [12] Company Strategy and Development Direction - The company is undergoing a strategic review process, exploring options including acquisition, going private, or remaining public [6][7] - The focus is shifting towards skills and Busuu as primary growth engines, with investments in language learning and workplace readiness [8][12] - Chegg Study will continue to serve as a valuable service while generating cash to support investments in Busuu and Skills [8] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the potential for the skills business and its path to profitability and double-digit growth in 2026 [14] - The company is adapting to evolving consumer expectations and market turbulence, particularly in the Busuu and Skills segments [22] - Management highlighted the importance of proving value in the institutional market to drive significant revenue growth in 2026 and beyond [30] Other Important Information - The company is on track to achieve non-GAAP expense savings of $165 million to $175 million in 2025 and $100 million to $110 million in 2026 [19] - The company has successfully cured its stock price deficiency and regained compliance with NYSE's price listing requirements [22] Q&A Session Summary Question: Regarding Busuu's growth in the B2B segment - Management indicated that growth is driven by both direct sales efforts and strong relationships with partners like Guild, emphasizing their ability to control their growth trajectory [24][26] Question: On Chegg Study's institutional pilots - Management noted the importance of proving value to schools and plans to continue adding partners while focusing on performance metrics to drive predictable growth [28][30] Question: About the B2C performance of Busuu - Management attributed steady performance to targeting the right consumer persona and enhancing product features with AI to improve engagement [35][36] Question: Positioning of the skills business in the AI education market - Management expressed optimism about the skills business, highlighting a transition to micro-learning formats that align with current market demands [39][41]
Chegg(CHGG) - 2025 Q2 - Earnings Call Presentation
2025-08-05 20:30
Financial Performance - Total revenue for Q2 2025 was $105 million, a 36% year-over-year decrease[54] - Subscription Services revenue for Q2 2025 was $90 million, a 39% year-over-year decrease[65] - Chegg Study/Pack revenue decreased 44% year-over-year[14] - Adjusted EBITDA for Q2 2025 was $23 million[56] - Free cash flow for Q2 2025 was negative $12 million, impacted by severance payments[57] - Capital expenditures for Q2 2025 were $7 million, a 60% year-over-year decrease[61] Subscribers and Retention - Global Chegg Study/Pack subscribers decreased by 48% year-over-year[14] - Global Subscription Services subscribers decreased by 40% year-over-year[14] - Chegg Study/Pack monthly retention rate globally was 79.7%[14] Strategic Initiatives - The company is exploring strategic alternatives, including being acquired, undertaking a go-private transaction, or remaining as a public standalone company[12] - The company identified an additional $17 million in cost savings for 2026[11] - The company expects total non-GAAP expense savings in 2026 to be $110-120 million[11]
Stride Achieves Another Record Year
Globenewswire· 2025-08-05 20:15
Core Insights - Stride, Inc. reported strong financial performance for the fiscal year 2025, with revenues increasing by 17.9% to $2.405 billion compared to $2.040 billion in fiscal year 2024 [4][10][11] - The company experienced significant growth in adjusted operating income, which rose by 58.6% to $466.2 million, and adjusted EBITDA increased by 46.1% to $571.0 million [4][7][10] - Enrollment figures also showed positive trends, with full-year enrollments averaging 234,000, up 20.4% from 194,300 in fiscal year 2024, and Career Learning enrollments increasing by 32.5% [11][12] Financial Performance - Total revenues for the fourth quarter of fiscal 2025 were $653.6 million, a 22.4% increase from $534.2 million in the same quarter of fiscal 2024 [9][10] - Net income for the full fiscal year was $287.9 million, up 41.0% from $204.2 million in fiscal year 2024, with diluted net income per share increasing by 26.9% to $5.95 [4][7][10] - The company incurred one-time charges of $59.5 million related to impairment expenses for its Galvanize business, which were excluded from adjusted financial metrics [3][4] Enrollment and Revenue Metrics - Revenue per enrollment for the fourth quarter was $2,630, reflecting a 2.4% increase compared to $2,569 in the fourth quarter of fiscal 2024 [14] - For the full fiscal year 2025, revenue per enrollment was $9,677, a slight increase of 0.6% from $9,623 in fiscal year 2024 [15] - The company reported that Career Learning revenue per enrollment increased by 8.1% to $2,479 in the fourth quarter [14] Cash Flow and Capital Allocation - As of June 30, 2025, Stride's cash and cash equivalents totaled $1.011 billion, up from $714.2 million a year earlier [16] - Capital expenditures for the fiscal year were $60.0 million, slightly down from $61.6 million in fiscal year 2024 [16] Business Overview - Stride, Inc. is focused on redefining lifelong learning through innovative education solutions, serving learners across various educational levels and locations [19] - The company operates in all 50 states and over 100 countries, providing a range of services including K-12 education and career learning [19]
Earnings Estimates Rising for Udemy (UDMY): Will It Gain?
ZACKS· 2025-08-05 17:21
Core Viewpoint - Udemy, Inc. (UDMY) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][3]. Earnings Estimate Revisions - The trend in estimate revisions indicates growing analyst optimism regarding Udemy's earnings prospects, which is expected to positively impact its stock price [2]. - For the current quarter, Udemy is projected to earn $0.10 per share, reflecting a 42.9% increase from the previous year [6]. - Over the last 30 days, the Zacks Consensus Estimate for Udemy has risen by 20%, with one estimate moving higher and no negative revisions [6]. - For the full year, Udemy is expected to earn $0.47 per share, representing a 193.8% increase from the prior year [7]. - The consensus estimate for the current year has increased by 90.85% due to four estimates moving higher and no negative revisions [8]. Zacks Rank - Udemy currently holds a Zacks Rank 1 (Strong Buy), indicating strong agreement among analysts in raising earnings estimates [9]. - The Zacks Rank system has a proven track record, with Zacks 1 Ranked stocks averaging a 25% annual return since 2008 [3]. Stock Performance - Udemy shares have increased by 8.3% over the past four weeks, suggesting investor confidence in the company's earnings growth prospects [10].
Stride, Inc. Signs Multi-District Agreements to Operate K12-Powered Online School in New Mexico
Globenewswire· 2025-08-04 20:30
Core Insights - Stride, Inc. has partnered with Chama Valley Independent Schools and Santa Rosa Consolidated Schools to operate the Destinations Career Academy of New Mexico (NMDCA) starting in the fall of 2025, with over 3,000 students already enrolled for the 2025–2026 school year [1][2][3] Company Overview - Stride, Inc. is focused on redefining lifelong learning through innovative education solutions, serving learners in primary, secondary, and postsecondary settings across all 50 states and over 100 countries [4] - NMDCA is an online public school program that combines academic excellence with career-readiness pathways and dual-credit opportunities for K–12 students statewide [5] Partnership Impact - The partnership is seen as a strategic move to expand educational access and innovation in rural communities, creating new opportunities for students and positioning the districts as forward-thinking hubs for learning [2][3] - The collaboration aims to meet the evolving needs of students by providing high-quality virtual education options [2][3] Enrollment Information - Enrollment for the 2025–2026 school year is currently open, with families encouraged to learn more and begin the application process through the NMDCA website [3]
New Strong Buy Stocks for August 4th
ZACKS· 2025-08-04 10:31
Group 1: Company Highlights - Celestica (CLS) is one of the largest electronics manufacturing services companies globally, serving various industries, with a 9.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - SB Financial Group (SBFG) is a financial services holding company providing a full range of services for consumers and small businesses, also experiencing a 9.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - HomeTrust Bancshares (HTB) focuses on attracting deposits and investing in loans secured by mortgages, with a 7.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] - Houlihan Lokey (HLI) is a global investment bank specializing in mergers and acquisitions, with a 6.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [4] - Udemy (UDMY) offers online courses across various subjects, with a 4.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [5]
ChatGPT深夜放出王炸:“学习模式”上线,但真正该“学习”的,是投资人
3 6 Ke· 2025-07-31 11:47
北京时间昨日深夜,当华尔街的交易员结束了一天的喧嚣,陆家嘴的分析师正准备结束复盘时,一条看似"无关紧要"的科技新闻开始在小圈子里发酵: OpenAI正式向所有用户推出了ChatGPT的"学习模式"(Study Mode)。 "哦,一个教育功能,利好教育,利空Chegg(美国一家在线教育公司)。"——这或许是90%的行业观察者,在扫过新闻标题后,头脑中闪过的第一个念 头。市场波澜不惊,似乎这不过是AI巨头在众多产品线中,一次微不足道的优化。 然而,在表面的平静之下,一股足以重塑科技产业格局的暗流正在加速涌动。 如果我们仅仅将其理解为对教育行业的"小打小闹",那将犯下致命的战略误判。这不仅仅是一次功能更新,它是一个清晰的、不加掩饰的战略信号,揭示 了OpenAI乃至所有基础大模型厂商的终极野心:从一个提供能力的"水平工具平台",高速进化为一个通吃所有"垂直行业解决方案"的终极整合者。 一个精心设计的"认知训练场" 让我们先回到功能本身,仔细审视这个"学习模式"。 它彻底颠覆了我们对ChatGPT"有问必答"的固有印象。开启该模式后,它不再是那个知识渊博、即时响应的"答案引擎",而是摇身一变,成为了一位严 谨、循循 ...
Udemy (UDMY) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-07-31 00:01
Core Insights - Udemy, Inc. reported revenue of $199.88 million for the quarter ended June 2025, marking a year-over-year increase of 2.8% and an EPS of $0.16 compared to -$0.04 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $196.56 million by 1.69%, while the EPS surprise was 33.33% against the consensus estimate of $0.12 [1] Financial Performance Metrics - The Enterprise Segment's Annual Recurring Revenue was reported at $520 million, surpassing the average estimate of $516.6 million from two analysts [4] - The Consumer Segment had a monthly average of 1.24 million buyers, slightly below the estimated 1.25 million [4] - Total customers in the Enterprise Segment were 17,107, which fell short of the average estimate of 17,330 [4] - Revenue from the Enterprise Segment was $129.3 million, exceeding the estimated $128.18 million and reflecting a year-over-year increase of 7.2% [4] - Consumer Segment revenue was reported at $70.6 million, above the average estimate of $68.44 million, but represented a year-over-year decline of 4.3% [4] Stock Performance - Udemy's shares returned +0.2% over the past month, compared to a +3.4% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]