Keypath Education International, Inc. Reports Earnings Results for the Half Year Ended December 31, 2023
February 26, 2024 at 04:10 pm EST
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Keypath Education International, Inc. reported earnings results for the half year ended December 31, 2023. For the half year, the company reported sales was USD 66.91 million compared to USD 58.69 million a year ago. Net loss was USD 4.86 million compared to USD 13.51 million a year ago.
Basic loss per share from continuing operations was USD 0.02 compared to USD 0.06 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to USD 0.06 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.