2u, inc. (TWOU)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Revenue

574,671

411,769

286,752

205,864

150,194

110,239

83,127

55,879

Costs and expenses
Curriculum and teaching

63,270

23,290

6,609

0

-

-

-

-

Servicing and support

98,890

67,203

50,767

40,982

32,047

26,858

22,718

14,926

Technology and content development

115,473

63,812

45,926

33,283

27,211

22,621

19,472

8,299

Marketing and sales

342,395

221,015

150,923

106,610

82,911

65,218

54,103

45,390

General and administrative

131,020

82,989

62,665

46,021

34,123

23,420

14,840

10,342

Impairment charge

70,379

0

0

-

-

-

-

-

Total costs and expenses

821,427

458,309

316,890

226,896

176,292

138,117

111,133

78,957

Loss from operations

-246,756

-46,540

-30,138

-21,032

-26,098

-27,878

-28,006

-23,078

Interest income

5,800

5,173

371

383

167

92

26

38

Interest Expense

13,419

108

87

35

552

-1,213

27

73

Other expense, net

-707

-1,722

-866

0

-250

-

-

-

Total other income (expense)

-

-

-

-

-

-1,121

53

-35

Loss before income taxes

-255,082

-43,197

-30,720

-20,684

-26,733

-28,999

-27,953

-23,113

Income tax benefit

-19,860

-4,867

-1,297

0

-

-

-

-

Net loss

-235,222

-38,330

-29,423

-20,684

-26,733

-28,999

-27,953

-23,113

Preferred stock accretion

-

-

-

-

-

89

347

339

Net loss attributable to holders of common stock

-

-

-

-

-

-

-28,300

-23,452

Net loss per share, basic and diluted (in dollars per share)

-3.83

-0.69

-0.60

-0.44

-0.63

-0.91

-3.81

-3.33

Weighted Average Number of Shares Outstanding, Basic and Diluted

61,393

55,833

49,062

46,609

42,420

32,075

7,432

7,037

Other comprehensive loss
Foreign currency translation adjustments, net of tax of $0 for all periods presented

1,710

-13,840

5,326

0

-

-

-

-

Comprehensive loss

-233,512

-52,170

-24,097

-20,684

-26,733

-

-

-