K12

FOMO WORLDWIDE REPORTS RECORD REVENUE GROWTH OF 1,044% IN 2022; FILES ANNUAL REPORT AFFIRMING SEC CURRENT REPORTING STATUS

Retrieved on: 
Tuesday, April 18, 2023
Diamond, SST, CFA, LMS, Health, Form 10-K, UP, Negotiation, INC, Smart Technologies, LOI, PCAOB, Book, BDO, EBITDA, Acquisition, Yoy, Growth, Annual report, FOMO, Letter, FOMC, SMART, XBRL, Audit, K12

Pittsburgh, PA, April 18, 2023 (GLOBE NEWSWIRE) -- FOMO WORLDWIDE, INC. (US OTC: FOMC) is pleased to report that it has filed its 2022 annual report under Form 10-K, affirming its SEC current status.

Key Points: 
  • Pittsburgh, PA, April 18, 2023 (GLOBE NEWSWIRE) -- FOMO WORLDWIDE, INC. (US OTC: FOMC) is pleased to report that it has filed its 2022 annual report under Form 10-K, affirming its SEC current status.
  • During the year ended December 31, 2022, the Company grew operating revenues 1,044% to $7,515,451 from $657,136 in 2021.
  • During 2022, SST’s equipment sales were $8.3 million (93%), service and installation revenues were $529K (6.9%), and shipping and other revenues were $16K (0.1%).
  • Excluding write-downs and charges of roughly $272,000, SST’s pro forma adjusted gross profit was $1.59 million (18%).

Biostage Appoints Ron Packard to Board of Directors

Retrieved on: 
Monday, April 10, 2023
Knowledge, Universe, Semiconductor, Packard, IPO, TEC, NEXT Woman of the Year awards, University, Education, Clinical trial, Business, OTCQB, K12, Ernest, KinderCare Learning Centers, McKinsey & Company, Goldman Sachs, Investment, Patient, Pansophic Learning, Berkeley, The Washington Campus Board of Directors, Esophageal cancer, Food Service Solutions, Growth, Digital, Stride, Inc., Ron Packard, FDA, NYSE, Pharmaceutical industry, Biotechnology, Leapfrog

Ron Packard is the CEO and Founder of Pansophic Learning, a global technology-based education company.

Key Points: 
  • Ron Packard is the CEO and Founder of Pansophic Learning, a global technology-based education company.
  • "We are pleased to welcome Ron Packard to the Biostage Board," said Jerry He, chairman of Biostage.
  • Mr. Packard commented, "I am very pleased to be joining the Board of Directors for Biostage at this exciting stage of its clinical development.
  • Biostage is developing promising novel cell therapies with the potential to change the lives of patients with significant unmet needs.

New Heron Virtual Academy of South Carolina Offers State’s First Virtual School to Offer students an Alternative Pathway to High School Graduation

Retrieved on: 
Thursday, April 6, 2023
Primary, Secondary, Family, Education, Consumer, Teens, Parenting, Other Education, Curriculum, Faculty, Communication, Student, Entrepreneurship, Stride, Inc., Achievement Medal, ILP, K12, Marketing, Tutoring, Nursing

Heron Virtual Academy of South Carolina (HVASC), South Carolina’s first and only state-approved virtual Alternative Education Campus will open for the 2023-2024 school year later this year.

Key Points: 
  • Heron Virtual Academy of South Carolina (HVASC), South Carolina’s first and only state-approved virtual Alternative Education Campus will open for the 2023-2024 school year later this year.
  • HVASC will serve students in grades 9 – 12 in a tuition-free program designed to set students up for lifelong success.
  • HVASC will help South Carolina students will earn their high school diploma on a pathway that is best for them.
  • Heron Virtual Academy of South Carolina’s live and asynchronous virtual learning platforms will provide students with opportunities to engage in coursework at times that work best for their schedules.

Leading EdTech Provider ClassIn Showcases Hybrid Learning Solution at BETT Show 2023

Retrieved on: 
Friday, March 31, 2023
LMS, Exhibition, International Manufacturing Technology Show, University, BETT, K12, COVID, Educational technology, Internet, School, Student, Tourism, Tutoring

LONDON, March 31, 2023 /PRNewswire/ -- ClassIn, the EdTech industry leader, wowed global educators with its revolutionary Hybrid Learning Solution at the British Educational Training and Technology Show (BETT) in London.

Key Points: 
  • LONDON, March 31, 2023 /PRNewswire/ -- ClassIn, the EdTech industry leader, wowed global educators with its revolutionary Hybrid Learning Solution at the British Educational Training and Technology Show (BETT) in London.
  • At the world's largest education technology exhibition running from March 29th to March 31st, visitors praised the EdTech unicorn's one-stop-shop solution for virtual and hybrid learning, calling it "a powerful take on interactive learning environments."
  • ClassIn's BETT 2023 showcase impressed global educators with its hybrid classroom solution that facilitates a student-centered, competency-based learning experience.
  • With its BETT 2023 debut, ClassIn has announced its greater, more global ambitions to empower education online.

Leading EdTech Provider ClassIn Showcases Hybrid Learning Solution at BETT Show 2023

Retrieved on: 
Friday, March 31, 2023
LMS, Exhibition, International Manufacturing Technology Show, University, BETT, Multimedia, K12, COVID, Educational technology, Internet, School, Student, Tourism, Tutoring

LONDON, March 31, 2023 /PRNewswire/ -- ClassIn, the EdTech industry leader, wowed global educators with its revolutionary Hybrid Learning Solution at the British Educational Training and Technology Show (BETT) in London.

Key Points: 
  • LONDON, March 31, 2023 /PRNewswire/ -- ClassIn, the EdTech industry leader, wowed global educators with its revolutionary Hybrid Learning Solution at the British Educational Training and Technology Show (BETT) in London.
  • At the world's largest education technology exhibition running from March 29th to March 31st, visitors praised the EdTech unicorn's one-stop-shop solution for virtual and hybrid learning, calling it "a powerful take on interactive learning environments."
  • ClassIn's BETT 2023 showcase impressed global educators with its hybrid classroom solution that facilitates a student-centered, competency-based learning experience.
  • With its BETT 2023 debut, ClassIn has announced its greater, more global ambitions to empower education online.

FOMO WORLDWIDE REPORTS 137% PRO FORMA REVENUE GROWTH TO $8.8 MILLION IN 2022; UPDATES INVESTORS ON STRATEGY AND PLANNED ACQUISITIONS

Retrieved on: 
Thursday, March 30, 2023
OTC Markets Group, SST, Capital expenditure, Health, Educational technology, INC, LOI, PCAOB, BDO, EBITDA, Growth, Letter, FOMO, FOMC, K12

SST’s 2022 pro forma gross profit was $1.32 million (14.9%), impacted by inventory adjustments.

Key Points: 
  • SST’s 2022 pro forma gross profit was $1.32 million (14.9%), impacted by inventory adjustments.
  • Excluding write-downs and charges of roughly $272,000, SST’s pro forma adjusted gross profit was $1.59 million (18%).
  • SST’s pro forma EBITDA excluding inventory charges, private company audit fees, one time professional fees, and interest expenses, was roughly $648,000 (7.3%).
  • Capital expenditures were minimal, and adding back non-recurring items but including interest expense, SST’s 2022 unaudited pro forma unaudited adjusted net income was roughly $267,000.

FOMO WORLDWIDE REGAINS SEC CURRENT STATUS; WILL PROVIDE INVESTOR UPDATE ON WEDNESDAY 03/29 AFTER THE CLOSE OF TRADING

Retrieved on: 
Monday, March 27, 2023
Heart, SST, Employment, Q&A, Fruit, Consultant, Smart Technologies, Southern California, School, Form 8-K, Retirement, Acquisition, Traction, Police, Growth, Weather, FOMO, Family, Security (finance), K12

I can say with certainty that the financial records of FOMO and its subsidiaries are now in order.

Key Points: 
  • I can say with certainty that the financial records of FOMO and its subsidiaries are now in order.
  • Though there can be no assurances of success with any of these opportunities, we have come a long way and don’t intend to fail now.
  • For the foreseeable future, FOMO HOUR will be held on a weekly basis at the same time and place each Wednesday.
  • Investors are urged to email investor relations with questions in advance of the meeting to facilitate the best use of the presentation time.

Digital education publishing market in US to grow at a CAGR of 15.93% from 2020 to 2025: Competitive price of digital educational content will drive growth - Technavio

Retrieved on: 
Tuesday, March 28, 2023
Learning, Pearson plc, Student, Education, Digital, Kirtsaeng v. John Wiley & Sons, Inc., Librarian, Research, K12, USD, Computer, Tablet, K-12, NIIT, Investment, Growth, Book, Publishing, Retail

The competitive price of digital educational content is driving the market growth.

Key Points: 
  • The competitive price of digital educational content is driving the market growth.
  • These factors will fuel the growth of the digital education publishing market in US during the forecast period.
  • The market is segmented into product (digital textbooks, digital assessment books, and others) and end-user (K12, higher education, and corporate and skill-based).
  • The demand for digital education content publishing will increase during the forecast period, as many higher education institutes will introduce e-learning courses.

K12 Education Market to Reach $525.7 Billion, Globally, by 2031 at 17.7% CAGR: Allied Market Research

Retrieved on: 
Thursday, March 9, 2023
Cloud, Spend, Feedback, Learning, School, Preschool, Primary school, Student, PDF, Growth, Education, Table, Hardware, Educational technology, Faculty, Secondary school, Public, Policy, COVID-19, Traction, K-12, Forest Law Enforcement and Governance Program, Tutoring, Middle school, Software, K12

PORTLAND, Ore., March 9, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "K12 Education Market by Type (Public, Private), by Deployment Mode (Cloud, On-Premise), by Application (High School, Middle School, Pre-Primary School and Primary School), by Spend Analysis (Hardware, Software, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global K12 education industry generated $103.5 billion in 2021, and is anticipated to generate $525.7 billion by 2031 witnessing a CAGR of 17.7% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.

Key Points: 
  • " According to the report, the global K12 education industry generated $103.5 billion in 2021, and is anticipated to generate $525.7 billion by 2031 witnessing a CAGR of 17.7% from 2022 to 2031.
  • However, shut down of schools due to the sudden outbreak of the COVID-19 pandemic hampered the growth of K12 education industry.
  • These factors are expected to produce ample opportunities to accelerate the K12 education market growth in the coming years.
  • Based on spend analysis, the hardware segment contributed to the largest share of around half of the global K12 education market in 2021.

K12 Education Market to Reach $525.7 Billion, Globally, by 2031 at 17.7% CAGR: Allied Market Research

Retrieved on: 
Thursday, March 9, 2023
Cloud, Spend, Feedback, Learning, School, Preschool, Primary school, Student, PDF, Growth, Education, Table, Hardware, Educational technology, Faculty, Secondary school, Public, Policy, COVID-19, Traction, K-12, Forest Law Enforcement and Governance Program, Tutoring, Middle school, Software, K12

PORTLAND, Ore., March 9, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "K12 Education Market by Type (Public, Private), by Deployment Mode (Cloud, On-Premise), by Application (High School, Middle School, Pre-Primary School and Primary School), by Spend Analysis (Hardware, Software, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." According to the report, the global K12 education industry generated $103.5 billion in 2021, and is anticipated to generate $525.7 billion by 2031 witnessing a CAGR of 17.7% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.

Key Points: 
  • " According to the report, the global K12 education industry generated $103.5 billion in 2021, and is anticipated to generate $525.7 billion by 2031 witnessing a CAGR of 17.7% from 2022 to 2031.
  • However, shut down of schools due to the sudden outbreak of the COVID-19 pandemic hampered the growth of K12 education industry.
  • These factors are expected to produce ample opportunities to accelerate the K12 education market growth in the coming years.
  • Based on spend analysis, the hardware segment contributed to the largest share of around half of the global K12 education market in 2021.