Below are the financial statements of Adtalem Global Education, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 1,584.65a | 1,450.83a | 1,381.84a |
| Operating cost and expense | — | — | — |
| Cost of educational services | -698.55a | -648.49a | -659.78a |
| Student services and administrative expense | -632.97a | -586.01a | -566.49a |
| Restructuring expense | -1.87a | -18.82a | -25.63a |
| Business acquisition and integration expense | -34.22a | -42.66a | -53.2a |
| Gain on sale of assets | 0a | -13.32a | 0a |
| Total operating cost and expense | -1,367.6a | -1,282.66a | -1,305.1a |
| Operating income | 217.05a | 168.17a | 76.75a |
| Interest expense | -63.66a | -63.1a | -129.35a |
| Other income, net | 10.54a | 6.97a | 1.11a |
| Income (loss) from continuing operations before income taxes | 163.94a | 112.04a | -51.49a |
| (Provision for) benefit from income taxes | -26.22a | -10.28a | -15.54a |
| Income (loss) from continuing operations | 137.71a | 101.75a | -35.96a |
| Discontinued operations | — | — | — |
| Loss from discontinued operations before income taxes | -0.76a | -8.46a | -0.99a |
| (Loss) gain on disposal of discontinued operations before income taxes | 0a | -3.58a | 473.48a |
| (Provision for) benefit from income taxes | -0.17a | -3.65a | -125.55a |
| (Loss) income from discontinued operations | -0.94a | -8.39a | 346.95a |
| Net income | 136.78a | 93.36a | 310.99a |
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