Revenue Growth
Revenue grew 38.5% to $19.4 million, driven by a 31.6% increase in new student starts to 1,117 and a 37.7% rise in ending student population to 3,495.
Enrollment and Program Expansion
Enrollment initiatives led to an all-time high in student population, with new program approvals in high-demand fields like MRI and cardiac sonography.
Strategic Investments
Investments in program offerings and capacity expansion are expected to yield future growth, with new programs set to launch in Q2 and beyond.
Strong Balance Sheet
The company maintains a strong balance sheet with $20.6 million in cash, low debt, and a high liquidity position.
Operational Excellence
Graduate placement rates remain above industry standards, with students securing jobs within 6 months of graduation.