Covista Inc
covista.comAdtalem Global Education (NYSE: ATGE), filing under accession 000155837025010780 as Covista Inc (CVSA), is a for-profit postsecondary education company that operates degree-granting institutions across healthcare and professional education. Revenue is generated through tuition and fees paid by enrolled students across three reporting segments: Chamberlain University, Walden University, and Medical and Veterinary schools. Consolidated costs across these three segments totaled $771,430 thousand in FY2025 (year ended June 30, 2025), up 10.4% from $698,548 thousand in FY2024. Chamberlain segment costs were $321,769 thousand (FY2025), Walden segment costs were $240,084 thousand (FY2025), and Medical and Veterinary segment costs were $209,577 thousand (FY2025). The company has carried goodwill and intangible assets on its balance sheet reflecting the acquisition of Walden University. Operating expenses include cost of educational services, student services and administrative expense, restructuring charges, and business integration costs tied to the Walden acquisition.
Products & Services
Chamberlain University: undergraduate and graduate nursing and healthcare programs. Walden University: online graduate and professional degree programs. Medical and Veterinary segment: medical and veterinary school programs. The company also operates a Colleague Stock Purchase Plan for employees.
Revenue Model
Tuition and fee revenue from enrolled students across Chamberlain University (nursing and healthcare), Walden University (graduate and professional programs), and Medical and Veterinary schools. Revenue is transactional per enrollment period.
Customers & Markets
Enrolled students in healthcare, nursing, medical, veterinary, and professional graduate programs. End markets are healthcare workforce education and professional credentialing.
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