Recurring Tuition-based RevenueBojun’s core revenue derives from tuition and related fees, a recurring, contract‑like cash stream tied to academic cycles. This provides predictable, collectible revenue and planning visibility across semesters, supporting long‑term operating continuity and investment prioritization if enrollments remain stable.
Solid Service-level MarginsDespite recent losses, Bojun’s service economics show durable unit profitability: healthy gross and EBITDA margins imply the business can cover variable and many fixed costs. If revenue stabilizes, margin structure supports recovery of operating profits through scale, improved utilization, and tighter cost control.
Established Operational ScaleA workforce of over 2,100 indicates an established school network and operational footprint. Scale gives Bojun built-in capabilities for curriculum, facility management and centralized services, enabling efficiency gains, easier rollout of new programs, and potential to monetize management services for third parties.