Zovio Inc operates as an education technology services company in the United States. It partners with higher education institutions and employers to deliver various personalized solutions to help learners and leaders in achieving their aspirations. The company offers technology and academic services primarily relate to the educational infrastructure, including online course delivery and management, assessment, customer relations management, and other internal administrative systems; support services for curriculum and new program development, and faculty training and development; and technical support and assistance services with state compliance. It also provides counseling services and support comprising recruiting and admissions, student financing and financial aid processing, and student retention advising; and marketing and communication services, such as lead acquisition, digital communication strategies, brand identity advertising, media planning and strategy, video, data science and analysis, marketing to potential students, and other promotional and communication services. The company serves higher education institutions, employers, and learners. The company was formerly known as Bridgepoint Education, Inc. and changed its name to Zovio Inc in April 2019. Zovio Inc was incorporated in 1999 and is headquartered in Chandler, Arizona.
Revenue of Zovio Inc (ZVOI)
Revenue in 2021 (TTM): $263.03 M
According to Zovio Inc's latest financial reports the company's current revenue (TTM) is $263.03 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Zovio Inc
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2021 | $263.03 M | $102.86 M | $ | $-42,478,000 | $-42,349,000 |
| 2020 | $397.12 M | $225.71 M | $ | $-62,020,000 | $-48,952,000 |
| 2019 | $417.8 M | $208.07 M | $-45,353,000 | $-55,582,000 | $-54,812,000 |
| 2018 | $443.37 M | $225.67 M | $-3,993,000 | $-2,946,000 | $4.64 M |
| 2017 | $478.4 M | $241.15 M | $7.85 M | $9.36 M | $10.54 M |
| 2016 | $527.09 M | $263.19 M | $-24,833,000 | $-37,915,000 | $-30,040,000 |
| 2015 | $561.73 M | $280.23 M | $-20,611,000 | $-40,189,000 | $-70,454,000 |
| 2014 | $638.71 M | $317.39 M | $40.51 M | $17.2 M | $9.67 M |
| 2013 | $768.62 M | $372.7 M | $60.44 M | $63.79 M | $41.01 M |
| 2012 | $968.17 M | $612.9 M | $202.71 M | $206.08 M | $127.96 M |
| 2011 | $933.35 M | $674.21 M | $273.75 M | $276.52 M | $172.76 M |
| 2010 | $713.23 M | $525.83 M | $226.55 M | $217.78 M | $127.58 M |
| 2009 | $454.32 M | $334.24 M | $88.34 M | $82.24 M | $47.11 M |
| 2008 | $218.29 M | $155.47 M | $35.95 M | $33.5 M | $26.43 M |
| 2007 | $85.71 M | $55.87 M | $4.69 M | $3.45 M | $3.29 M |
| 2006 | $28.62 M | $28.62 M | $-5,150,000 | $ | $-5,150,000 |