Universal Technical Institute Sees FY25 EPS $0.93-$1.01 Vs $0.94 Est.; Revenue $800M-$815M Vs $798.39M Est.
Universal Technical Institute Sees FY25 EPS $0.93-$1.01 Vs $0.94 Est.; Revenue $800M-$815M Vs $798.39M Est.
For the Company's most recent investor presentation and quarterly financial supplement, please see its investor relations website at .Fiscal 2025 Financial Outlook
Fiscal 2025 Financial Outlook
"Our financial performance in fiscal 2024 underscores UTI's disciplined approach to growth and operational efficiency as we have met or exceeded guidance across all core metrics for both the quarter and full year," said Christine Kline, Interim CFO of Universal Technical Institute, Inc. "The Concorde division continued to surpass expectations driven by program expansions and newer programs maturing, as well as increased marketing and admissions spend, all of which boosted student growth. The UTI division delivered year-over-year growth in average full-time active students supported by continued growth across the programs launched in the current and prior year.
"Our financial performance in fiscal 2024 underscores UTI's disciplined approach to growth and operational efficiency as we have met or exceeded guidance across all core metrics for both the quarter and full year," said Christine Kline, Interim CFO of Universal Technical Institute, Inc. "The Concorde division continued to surpass expectations driven by program expansions and newer programs maturing, as well as increased marketing and admissions spend, all of which boosted student growth. The UTI division delivered year-over-year growth in average full-time active students supported by continued growth across the programs launched in the current and prior year.
"Entering fiscal 2025, we are pleased to announce our formal guidance ranges for the fiscal year. With Phase II of our North Star strategy now underway, we're well positioned to deliver continued sustainable growth through campus and program expansion initiatives, increased workforce and resource optimizations, and enhanced marketing and admissions yield. Furthermore, our balance sheet remains strong, allowing us to actively evaluate all growth opportunities."
"Entering fiscal 2025, we are pleased to announce our formal guidance ranges for the fiscal year. With Phase II of our North Star strategy now underway, we're well positioned to deliver continued sustainable growth through campus and program expansion initiatives, increased workforce and resource optimizations, and enhanced marketing and admissions yield. Furthermore, our balance sheet remains strong, allowing us to actively evaluate all growth opportunities."
| FY 2024 | FY 2025 | Year-Over-Year | |||
| ($ in millions excluding new student starts and EPS) | Actuals | Guidance | Growth(3) | ||
| New student starts | 26,885 | 28,000 - 29,000 | 6 % | ||
| Revenue | $732.7 | $800 - 815 | 10 % | ||
| Net Income | $42.0 | $52 - 56 | 29 % | ||
| Diluted EPS | $0.75 | $0.93 - 1.01 | 29 % | ||
| Adjusted EBITDA(1)(4) | $102.9 | $120 - 124 | 19 % | ||
| Adjusted free cash flow(1)(4)(5) | $73.5 | $58 - 62 | (18) % |
| 2024财年 | 2025财年 | 同比 | |||
| ($ in millions excluding new student starts and EPS) | 实际 | 指导 | 增长(3) | ||
| 新生开始 | 26,885 | 28,000 - 29,000 | 6% | ||
| 收入 | $732.7 | $800 - 815 | 10 % | ||
| 净收入 | $42.0 | $52 - 56 | 29% | ||
| 摊薄后每股收益 | $0.75 | $0.93 - 1.01 | 29% | ||
| 调整后的EBITDA(1)(4) | $102.9 | $120 - 124 | 19 % | ||
| 调整后的自由现金流(1)(4)(5) | $73.5 | $58 - 62 | (18) % |
| (1) | See the "Use of Non-GAAP Financial Information" below. For a detailed reconciliation of the non-GAAP measures, see the tables following the earnings release. |
| (2) | Fiscal 2023 reflects UTI results for the full year and Concorde results beginning December 1, 2022. Total company year-over-year comparisons are shown on an "as-reported basis." |
| (3) | Year-over-year growth percentages are calculated using the fiscal 2025 guidance midpoint. |
| (4) | Beginning in FY2025, growth investments for program expansion and new campus initiatives will no longer be included as add-backs in Adjusted EBITDA and Adjusted free cash flow calculations, affecting the year-over-year comparability. |
| (5) | Includes $24.3 million of total capex for FY2024 primarily related to program expansions and a consistent level of annual maintenance capex. For FY 2025, assumes approximately $55M of total capex, including investments for new campus launches and program expansions, and maintenance capex. |
| (1) | 请查看下方的"非通用会计准则财务信息使用"。有关非通用会计准则衡量的详细调解，请参阅季度财报后的表格。 |
| (2) | 2023财年反映了环球技术学院全年和康科德从2022年12月1日开始的业绩。公司整体年度对比数据均以"按报告的方式"进行展示。 |
| (3) | 年度增长百分比是使用2025财年指导中点进行计算的。 |
| (4) | 从FY2025年开始，用于项目扩展和新校园计划的增长投资将不再作为调整后的EBITDA和调整后的自由现金流计算中的增值项目，影响年度比较。 |
| (5) | 包括FY2024年总计2430万美元的资本支出，主要用于项目扩张和年度维护资本支出保持一致水平。对于FY2025年，预计总计约5500万美元的资本支出，包括用于新校园启动和项目扩张的投资，以及维护性资本支出。 |
For the Company's most recent investor presentation and quarterly financial supplement, please see its investor relations website at .
有关公司最新的投资者展示和季度财务补充，请访问其投资者关系网站 。
