Company Profile For K12 Inc.

K12 Inc. (K12) is a technology-based education company. The Company offers curriculum and educational services created for online delivery to students in kindergarten through 12th grade, or K-12. The Company delivers its learning system to students primarily through virtual public schools. It offers virtual schools its curriculum, online learning platform and varying levels of academic and management services, which can range from targeted programs to complete turnkey solutions, under long-term contracts. All of its enrollments are served through virtual public schools, to which it provides either full turnkey solutions or limited management services. K12 offers a student account management system, teacher training programs, administrator support, and student placement support. It also sells its foreign language curriculum to third parties. In addition, Parents can purchase its curriculum and learning solutions directly to facilitate or supplement their children’s education.

BRIEF: For the fiscal year ended 30 June 2009, K12 Inc.'s revenues increased 39% to $315.6M. Net income applic. to Common decreased 33% to $12.3M. Revenues reflects higher enrollment growth. Net income was offset by a substantial increase in instructional costs & services, higher selling, administrative & other operating expenses, an increase in interest expense and a rise in product development expenses for the period.

K12 Inc.
2300 Corporate Park Drive
Herndon   VA   20171
P: +1703.4837000

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