| Business Summary | | The
Princeton
Review,
Inc.
helps
students
and
families
achieve
their
educational
and
career
goals,
elementary
and
secondary
schools
maximize
their
effectiveness,
and
colleges
and
graduate
schools
attract
greater
numbers
of
qualified
applicants
at
lower
cost.
The
Company
was
founded
in
1981
as
an
SAT
preparation
course.
Today,
the
Company
provides
preparation
for
the
SAT,
as
well
as
for
most
of
the
other
major
post-secondary
and
graduate
admissions
tests.
In
2000,
the
Company
and
its
franchisees
provided
courses
to
more
than
100,000
students
in
over
500
locations
in
the
United
States
and
abroad.
Princeton
also
authors
more
than
150
book
and
software
titles
on
test
preparation,
college
selection
and
related
topics,
which
are
published
primarily
by
Random
House.
In
1998,
the
Company
began
providing
Princeton
Review
branded
test
preparation
content
for
kindergarten
through
twelfth
grade
(K-12)
textbooks
and
workbooks
published
by
McGraw-Hill. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | REVU
provides
integrated
online,
print
and
classroom-based
products
and
services
to
address
the
needs
of
students,
parents,
educators
and
educational
institutions.
For
the
six
months
ended
6/30/01,
revenues
rose
41%
to
$28.6
million.
Net
loss
applicable
to
Common
and
before
extraordinary
item
rose
from
$4.5
million
to
$9.7
million.
Revenues
reflect
acquisitions,
increased
enrollment
and
college
marketing
fees.
Net
loss
reflects
the
absence
of
$7.6
million
in
gains
from
the
sale
of
securities. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Katzman, 41 Chairman,
CEO | $581K | Mark Chernis, 34 Pres,
COO, Sec. | 5.1M | Stephen Melvin, 49 CFO,
Treasurer | 862K | Robert Cohen, 36 Exec.
VP, Gen. Mang. K-12 Services Division | -- | Steven Hodas, 41 Exec.
VP, Strategic Devel. | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|