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Segment Information
3 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segment Information
Note 16 - Segment Information
We operate our business in two reportable segments: (i) the UTI segment; and (ii) the Concorde segment. These segments are organized by key market segments to enhance operational alignment within each segment to more effectively execute our strategic plan. Each reportable segment represents a group of post-secondary education providers that offer a variety of degree and non-degree academic programs. “Corporate” includes corporate related expenses that are not allocated to the UTI or Concorde reportable segments and is included to reconcile segment results to the condensed consolidated financial statements.
Summary information by reportable segment is as follows:
UTIConcordeCorporateConsolidated
Three Months Ended December 31, 2024
Revenues$131,478 $69,951 $— $201,429 
Income (loss) from operations25,453 11,195 (9,170)27,478 
Depreciation and amortization5,971 1,709 319 7,999 
Net income (loss)24,328 11,165 (13,340)22,153 
Three Months Ended December 31, 2023
Revenues$115,373 $59,322 $— $174,695 
Income (loss) from operations15,090 7,128 (7,987)14,231 
Depreciation and amortization5,494 1,154 336 6,984 
Net income (loss)13,597 7,173 (10,381)10,389 
As of December 31, 2024
Total assets$441,416 $123,212 $189,128 $753,756 
As of September 30, 2024
Total assets$440,764 $125,212 $178,599 $744,575