Keypath Education International, Inc. Reports Consolidated Earnings Results for the Year Ended June 30, 2021
August 29, 2021 at 06:12 pm EDT
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Keypath Education International, Inc. reported consolidated earnings results for the year ended June 30, 2021. For the year, the company reported revenue of USD 98,092,000 against USD 55,484,000 a year ago. Operating loss was USD 47,687,000 against USD 10,646,000 a year ago. Net loss was USD 77,155,000 against USD 9,803,000 a year ago. Basic and diluted loss per common share was USD 0.54 against USD 0.08 a year ago.
Keypath Education International, Inc. is a global education technology company. The Companyâs principal activity is online program management (OPM) primarily serving the postgraduate education market of traditional universities. It provides OPM, such as program design and development, marketing, management, student recruitment, student support, clinical placement services, faculty recruitment and additionally, the development and improvement of its KeypathEDGE data analytics platform to improve the experiences of universities and students alike. The Company enables universities in Australia, the United States, Canada, the United Kingdom, Malaysia, and Singapore to deliver technology-enabled online degrees and programs driven by market-demand. Through end-to-end technology and data-driven service, the Company and its subsidiaries partner with universities to design, launch, and grow online programs that deliver career-relevant skills to address global, social and economic challenges.