Laureate Q4 2024 Earnings Report

Laureate Education reported a strong Q4 2024 performance with revenue growth and margin expansion.

Key Takeaways

Laureate Education reported revenue of $423.4 million for Q4 2024, an increase of 3% compared to the prior year. Net income surged to $93.6 million, mainly driven by foreign currency exchange gains and higher operating income. Operating income reached $124.2 million, reflecting a solid improvement. Adjusted EPS for the quarter was $0.62.

Revenue grew 3% year-over-year to $423.4 million.

Net income more than doubled to $93.6 million, up from $41.7 million.

Operating income increased to $124.2 million from $110.0 million.

Adjusted EBITDA rose to $141.1 million from $131.3 million.

Total Revenue

$423M

Previous year: $409M

+3.4%

EPS

$0.62

Previous year: $0.26

+138.5%

Adjusted EBITDA

$141M

Previous year: $131M

+7.5%

Operating Margin

29.3%

Gross Profit Margin

31.9%

Cash and Equivalents

$91.4M

Previous year: $96.9M

-5.7%

Total Assets

$1.86B

Previous year: $2.13B

-12.4%

Laureate Revenue

Laureate EPS

Laureate Revenue by Segment

Laureate Revenue by Geographic Location

Forward Guidance

Laureate expects steady enrollment growth in 2025 but anticipates foreign currency headwinds due to a weaker Mexican Peso.

Positive Outlook

Total enrollments projected to grow 4%-5% in 2025.
Revenue expected to grow 6%-7% on a constant currency basis.
Adjusted EBITDA forecasted to rise 4%-6% on a reported basis.
Continued strong free cash flow generation.
Focus on returning capital to shareholders through repurchases.

Challenges Ahead

Foreign currency translation headwinds expected due to MXN depreciation.
Flat to slightly declining revenue in USD terms on an as-reported basis.
Potential cost pressures from inflation and operational expenses.
Regulatory challenges in key markets like Mexico and Peru.
Macroeconomic uncertainties affecting student enrollment trends.