Thu, May 8, 12:54 PM (8 days ago)
**Universal Technical Institute, Inc. (UTI) - Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $207.4 million (Q1 2024: $184.2 million), up 12.6% YoY. - **UTI Segment:** $134.2 million (Q1 2024: $123.3 million), up 8.8% YoY. - **Concorde Segment:** $73.2 million (Q1 2024: $60.9 million), up 20.3% YoY. - **Net Income:** $11.4 million (Q1 2024: $7.8 million), up 46.2% YoY. - **Earnings per Share (EPS):** $0.21 (Q1 2024: $0.14). - **Operating Margin:** 8.1% (Q1 2024: 6.1%). - **Cash Flow from Operations:** $22.2 million (Q1 2024: $8.3 million). **Key Metrics:** - **Student Starts:** 6,650 (Q1 2024: 5,480), up 21.4% YoY. - **UTI:** 3,591 (Q1 2024: 2,840), up 26.4% YoY. - **Concorde:** 3,059 (Q1 2024: 2,640), up 15.9% YoY. - **Average Full-Time Active Students:** 24,604 (Q1 2024: 22,316), up 10.3% YoY. - **End of Period Full-Time Active Students:** 24,851 (Q1 2024: 22,077), up 12.6% YoY. **Segment Performance:** - **UTI:** Increased revenues driven by higher student starts and average full-time active students. - **Concorde:** Increased revenues due to new program rollouts and increased student demand. **Trends & Uncertainties:** - Positive trends include increased student demand, new program rollouts, and strategic campus expansions. - Uncertainties include regulatory changes, economic conditions, and competition. **Future Operations & Impact:** - UTI plans to open new campuses in Atlanta and San Antonio in 2026. - Concorde to open a new co-branded campus in Fort Myers, Florida in early fiscal 2026. - Continued focus on operational efficiency and strategic growth initiatives. **Liquidity & Capital Resources:** - Cash and cash equivalents: $96.0 million (Q1 2024: $161.9 million). - Revolving Credit Facility availability: $99.0 million. - Long-term debt: $94.8 million. **Ticker:** UTI