Thank you, Eilif.
results, over business. go our I Before seasonal me remind is that everyone let campus-based reported a education higher
Conversely, as of account but our the approximately enrollment are low perspective a two XX% intake our months. not the which for largest out majority The from are those enrollment the year, large of seasonally but activity the fourth for and intake second most quarters EBITDA P&L first year, generate of are and adjusted the third new quarters and total represent for periods. revenue periods, session of for classes
reduction highlights starting the our fourth of on was performance and the over me Revenue Let our revenue adjusted $XXX and currency, in quarter $XXX On Consequently, X. fourth basis all a and fourth in segments and Page initiatives go margin XX% at corporate. reflect grew our quarter almost and X% respectively. the the constant million million. EBITDA at up comparable now XXX basis the adjusted acceleration EBITDA was EBITDA quarter in and for QX points our of were cost across
and currency, our $X.XX full year, On EBITDA and the million. for adjusted and a For billion and was year XX%, comparable full X% respectively. basis grew revenue adjusted $XXX was EBITDA constant revenue at the
Our XXX to points basis are compared adjusted up remarkable years. was improvement EBITDA last year-over-year performance over historical our the margin when few
year, enrollments, in UNITEC our with for single-digits, XX% premium Now, be brand, our of performance new increased high by continued while comparable still basis offset mid on private respectively. be are starting enrollments segment, the payers. unwinding we face-to-face Overall, mixed by to partially enrollment for Brazil, total while Distance continues experiencing quickly only up Page negatively growing grew the the to of by let’s our operating which enrollment metric new was brand at X%. review with growth XX% affected to and new softer the to In XX% with Learning UVM. enrollments segment by more FIES detail total In our key we continued and program, business enrollment Mexico, a for XX. scale our Total
almost great currency. record year full for Adjusted the deliver was the year across results the is The Andean well be Andean EBITDA year. to which in period double-digit enrollment, same which a segments. strong yet the segment ago, institutions with the a Australia rest for which another Zealand, delivered the for outstanding. had was into new we our our versus XX% fourth our XX% up EBITDA double-digits row is growth adjusted EBITDA again full segment, local region of New growing world will all up that a in year of In year in continue institution and and XXXX quarter, the
for our continued planned students. results Finally, by transition be foreign-based to & away Partnerships the impacted segment, from enrollment the Online
enrollment domestic the world segment essentially total for and and New for year. were flat
asset free guidance the starting focus let’s our XX. on is Now, cash Free million Page XX% generation $XXX $XXX to beginning which flow reached our million turn cash communicated XXXX we ahead flow of for at is of of even improvement unfavorable that remarkable million it XXXX. net when This effects. from our year-over-year, in represents Turkey headwind over a which result and of is more the sales timing considering $XX XX%
conclude XXXX XX. Page our starting guidance now my Let with remarks on me prepared
by the distinctive not reminder, that but parts strategic a review headline Zealand The expect dynamic New Online and our do notable Partnerships, when that guidance portfolio, XXXX share segment, very in Australia, essentially color is provide three of compared current & similar of main typically exceptions. America, As is our starting by couple some should believe we with to in Walden. we for Latin XXXX of which in segment light we XXXX a
are thanks the built margin expected in improve have the of the were momentum when half strong we XX%. to Brazil First, second in margins XXXX XXXX, to
growth. future increase investment to Walden starting fund at will we quarter this Second,
as While XXX investments. will EBITDA XXX at we result by already this a margin our contract enrollment a XXXX year, to of points Walden expect new these rebound primarily basis trend of in
would based X% on full Total represent as of EBITDA of current the Revenue XX% in still specifically, constant guidance a of which $X.XXX growth expected growth X% to XXX,XXX, rate enrollment based approximately currency organic current spot This year X%. $X.XXX and currency growth billion represents rate Adjusted FX for X%. an on represents XXXX on million and FX million follows. More constant between rate is between basis. and a $XXX billion. $XXX spot to
expect flow in million versus of to $XXX we increase cash Finally, free XXXX. an XXXX, nearly approximately XX% be
calendar of the in impacted is first much between out that and noted is $XX is Page has earnings shifts estimated and $XXX for guidance of adjusted revenue institution quarter to the this million, of XX, fact academic as been our are our be by follows: million on EBITDA consistent $XX historical as of $XXX For with quarter. seasonality session to which most reflect million; loss first the million a our
are XXXX. revised entities reported for to as continuing the today currently be entirety in discontinued operations remain will moved that note we to If such and all be are providing the of during required any these when guidance please Finally, assumes the that will entities operations accordingly. guidance of year,
Eilif, now up. back wrap to you for the
