Adtalem Global Education Inc. (ATGE) [Rocket]

In millions, except per share items	Jun-30-23	Jun-30-22	Jun-30-21	Jun-30-20	Jun-30-19	Jun-30-18	Jun-30-17	Jun-30-16
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Medical & Healthcare					849.9	815.7	802.5	783.7
International & Professional Education								102.9
Other					164.0	144.6	405.4	193.5
Total revenues [+]	1,450.8	1,381.8	899.2	866.4	1,013.8	960.3	1,207.9	1,080.1
Net interest income				-15.8	-15.9	-11.0	-4.2
Revenue growth [+]	5.0%	53.7%	3.8%	-14.5%	5.6%	-20.5%	11.8%	-43.4%
Medical & Healthcare					4.2%	1.6%	2.4%	11.8%
International & Professional Education								3.3%
Cost of goods sold	648.5	659.8	457.9	457.2	471.8	461.6	638.2	569.0
Gross profit	802.3	722.1	441.3	409.3	542.1	498.7	569.7	511.1
Gross margin	55.3%	52.3%	49.1%	47.2%	53.5%	51.9%	47.2%	47.3%
Selling, general and administrative	586.0	566.5	292.5	280.3	359.3	327.7	369.0	352.6
Equity in earnings						-0.1	-0.7
Other operating expenses	42.7	53.2	31.6	282.8	-8.1		52.2
EBITDA [+]	276.5	244.2	151.2	-121.5	231.6	212.7	204.8	207.0
EBITDA growth	13.2%	61.6%	-224.4%	-152.5%	8.9%	3.9%	-1.1%	-29.2%
EBITDA margin	19.1%	17.7%	16.8%	-14.0%	22.8%	22.1%	17.0%	19.2%
Depreciation	41.6	44.6	33.9	32.3	33.8	35.3	45.8	43.3
EBITA	234.9	199.6	117.3	-153.8	197.8	177.4	158.9	163.7
EBITA margin	16.2%	14.4%	13.0%	-17.8%	19.5%	18.5%	13.2%	15.2%
Amortization of intangibles	61.2	97.3			6.9	6.5	11.2	5.2
EBIT [+]	173.7	102.4	117.3	-153.8	190.9	170.9	147.8	158.5
EBIT growth	69.6%	-12.7%	-176.2%	-180.6%	11.7%	15.6%	-6.8%	-21.4%
EBIT margin	12.0%	7.4%	13.0%	-17.8%	18.8%	17.8%	12.2%	14.7%
Non-recurring items [+]	5.5	25.6	6.9	-263.9	35.0	3.9	13.0	2.4
Loss (gain) on sale of assets	-13.3			-287.6	-33.6
Interest expense, net [+]	63.1	129.3	41.4					5.3
Interest expense	63.1	129.3	41.4					5.9
Interest income								0.7
Other income (expense), net [+]	7.0	1.1	6.7	94.9	-16.1	-10.8	-3.5
Other	7.0	1.1	6.7	94.9	-16.1	-11.0
Pre-tax income	112.0	-51.5	75.8	205.0	139.7	156.2	131.3	150.8
Income taxes	10.3	-15.5	12.3	-14.9	32.9	88.1	-9.6	25.3
Tax rate	9.2%	30.2%	16.3%		23.5%	56.4%		16.8%
Minority interest							1.0	0.4
Earnings from continuing ops	101.8	-36.0	63.4	439.9	213.7	135.9	120.0	250.6
Earnings from discontinued ops	-8.4	346.9	6.1	-305.7	-11.3	-33.6	2.3	-128.3
Net income	93.4	311.0	69.6	134.1	202.5	102.2	122.3	122.3
Net margin	6.4%	22.5%	7.7%	15.5%	20.0%	10.6%	10.1%	11.3%

Basic EPS [+]	$2.27	($0.74)	$1.24	$8.20	$3.65	$2.21	$1.91	$3.96
Growth	-405.8%	-160.1%	-84.9%	124.5%	65.2%	15.4%	-51.7%	88.1%
Diluted EPS [+]	$2.23	($0.74)	$1.23	$8.13	$3.60	$2.18	$1.87	$3.89
Growth	-400.3%	-160.5%	-84.9%	125.7%	65.1%	16.4%	-51.9%	89.2%

Dividends per share [+]							$0.18	$0.36
Growth						-100.0%	-50.0%	0.0%

Shares outstanding (basic) [+]	44.8	48.4	51.3	53.7	58.5	61.5	62.7	63.3
Growth	-7.5%	-5.7%	-4.4%	-8.3%	-4.8%	-1.9%	-0.9%	-0.8%
Shares outstanding (diluted) [+]	45.6	48.4	51.6	54.1	59.3	62.3	64.0	64.4
Growth	-5.8%	-6.3%	-4.5%	-8.8%	-4.7%	-2.7%	-0.5%	-1.4%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.