Company: GHC
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000104889-25-000022
Chunk: 154

Company: Graham Holdings Co
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1
Chunk 154
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1,317,333 books in 2024. Virtually all KNA exam preparation programs are offered online, typically in a live online classroom or a self-study format, although some programs are offered in person. Private tutoring services are provided online. In 2024, KNA served approximately 3,261 business-to-business clients, including approximately 161 Fortune 500 companies.

High School Segment.  KNA provides exam preparation for high school students under the Kaplan Test Prep and Barron’s Educational Series brands for a broad range of standardized, high-stakes tests, including the SAT, ACT, and AP Exams. KNA also provides college advising, admissions consulting, tutoring and other advisory services.

Pre-college Programs.  KNA provides online Prelum programs for high school students to explore careers and courses in partnership with leading postsecondary institutions. The programs also enable KNA’s university partners to build a relationship with prospective students and to introduce them to their academic offerings, unique educational approach and culture. KNA’s Prelum programs have served thousands of students all over the world and in all 50 states, and include more than 75 programs in partnership with 11 highly ranked and respected universities.

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College Segment.  KNA provides exam preparation for students under Kaplan Test Prep and Manhattan Prep including the law school admissions test (LSAT), the medical college admissions test (MCAT), graduate admissions tests (GMAT and GRE), and licensing exam preparation for engineers, architects and designers. This segment also provides preparation for Engineering & Architecture certification exams under the PPI brand and for state attorney licensure exams in 50 jurisdictions through Kaplan Bar Review and Preliminary Multistate Bar Review (PMBR). In 2024, KNA began exam development for state bar examinations. Also in 2024, KNA was awarded a contract with the State of Illinois to provide graduate school and licensure test preparation for the LSAT, MCAT, GMAT and GRE and license and certificate courses in nursing, financial services, real estate, and engineering to all Illinois public university students and all students at five community colleges in Illinois. The contract has a five-year initial term, which is subject to annual reappropriation of funds and has one optional five-year renewal term for a total contract term of 10 years.

Health Segment.  KNA provides professional licensure exam preparation for physicians (USMLE), nurses (NCLEX), pharmacists (NAPLEX), dentists (NBDE) and physician assistants (PANCE).