Educate Inc
Key facts
Educate Inc1001 Fleet Street, Baltimore, Maryland 21202, USAFax: 1 410 843 8441www.educate-inc.com NASDAQ National Market ticker: EEEE
No. employees: 10161
Turnover: 354,700,000 (USD)
Financial year end: December
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Company overview
Educate is a provider of tutoring and other supplemental education services to pre kindergarten through twelfth grade. The company primarily operates in the US and has a presence in Canada and Europe. It is headquartered in Baltimore, Maryland and employs 10,161 people.
The company recorded revenues of $354.7 million during the fiscal year ended December 2006, an increase of 7.3% over 2005. The operating profit of the company was $5.9 million during fiscal year 2006, a decrease of 87% as compared to 2005. The net loss was $11.9 million in fiscal year 2006 as compared to net profit of $15.4 million in 2005.
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