APEI — American Public Education Income Statement

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Annual income statement for American Public Education, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	322	419	606	601	625
Cost of Revenue
Gross Profit	200	246	318	308	329
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	297	388	740	649	591
Operating Profit	24.8	30.4	-134	-48.3	33.1
Total Net Non Operating Interest Income / Expense
Total Net Non Operating Interest Income / Expense
Net Income Before Taxes	25.8	26.1	-151	-52.8	30.9
Provision for Income Taxes
Net Income After Taxes	18.8	18.6	-115	-42	20.5
Equity in Affiliates
Net Income Before Extraordinary Items
Net Income	18.8	17.8	-115	-47.3	16.1
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	18.8	17.8	-115	-53.3	10.1
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	1.29	1.02	-1.06	-0.539	0.763