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KinderCare posted moderate revenue growth and transitioned from a net loss in the prior year to a solid net income. Operational improvements and reduced interest expenses contributed significantly to performance.
Kindercare achieved revenue of $646.96 million in Q4 2024, representing a 4.7% increase compared to the same quarter last year. Despite higher revenues and strong growth in before- and after-school programs, the company reported a net loss of $133.58 million, largely attributed to one-time equity-based compensation expenses related to the IPO. Adjusted net income reached $10.7 million, and adjusted EBITDA was $66 million.