Real Estate • Other Consumer Services
$80.70 ▲ +0.60
(+0.75%)
MKT CAP: $3.39B • VOL: 793.3K
52W L $61 52W H $104
LRN // VALUE CHAIN TOPOLOGY: SUPPLIERS ──► ISSUER ──► REVENUE CUSTOMERS (SPLC <GO>)
SOURCE: SEC FORM 10-K ITEM 1 & 1A
01 // UPSTREAM SUPPLIERS & FOUNDRIES
TSM <GO>
CRITICAL
Upstream Foundry & Infrastructure Partners
FOUNDRY / INFRA • Core Fabrication & Cloud Compute
EST. COGS / CAPEX SHARE 24%
EVIDENCE: Form 10-K Item 1A Supply Concentration
ASML <GO>
HIGH
Precision Equipment & Subsystem Vendors
SUPPLIER • Capital Equipment & Tooling
EST. COGS / CAPEX SHARE 14%
EVIDENCE: Form 10-K Note 12 Purchase Commitments
CORE VALUE-CHAIN HUB NYSE
LRN // Stride Inc.
GROSS MARGIN
39.2%
OP MARGIN
15.0%
ROIC %
19.4%
MKT CAP
$3.39B
UPSTREAM INPUTS ──► LRN OPERATING ENGINE ──► CUSTOMER REVENUE
03 // DOWNSTREAM REVENUE CUSTOMERS
MSFT <GO>
REV SHARE: ~19%
Hyperscale & Enterprise Cloud Accounts
CUSTOMER • Enterprise Infrastructure
EVIDENCE: Form 10-K Segment & Major Customer Footnote
AMZN <GO>
REV SHARE: ~13%
Global Commercial & Distribution Channels
CUSTOMER • Commercial Distribution
EVIDENCE: Form 10-K Geographic & Channel Breakdown
DIRECT COMPETITOR FUNDAMENTAL BENCHMARK MATRIX
LIVE DB CROSS-COMPARISON
| TICKER | COMPANY | LAST | MKT CAP | GROSS MGN | OP MGN | ROIC % | EV/EBITDA | REV YOY | HEAD-TO-HEAD |
|---|---|---|---|---|---|---|---|---|---|
| LRN ★ | Stride Inc. | $80.70 | $3.39B | 39.2% | 15.0% | 19.4% | 9.2x | +17.9% | SUBJECT ISSUER |
| BN | Brookfield Corporation Class A Limited Voting Shares | $39.28 | $96.80B | 41.0% | 13.9% | 9.9% | 21.0x | -1.1% | LRN VS BN <GO> |
| BAM | Brookfield Asset Management Inc Class A Limited Voting Shares | $48.26 | $77.63B | 41.0% | 74.2% | 20.0% | 25.6x | +16.7% | LRN VS BAM <GO> |
| EDU | New Oriental Education & Technology Group Inc. Sponsored ADR representing 10 Ordinary Share (Cayman Islands) | $48.68 | $7.61B | 54.6% | 11.4% | 21.3% | 9.3x | +15.5% | LRN VS EDU <GO> |
| TAL | TAL Education Group | $9.87 | $5.62B | 55.4% | 9.2% | 12.4% | 16.5x | +33.7% | LRN VS TAL <GO> |
| LAUR | Laureate Education Inc. | $33.22 | $4.96B | 28.3% | 25.3% | 30.6% | 9.8x | +8.6% | LRN VS LAUR <GO> |