PowerSchool Hosts 2023 Investor Day to Showcase Its Strategies and Positioning for Sustainable Profitable Growth
- Management presents a view of long-term strategy and financial targets
- Cross-selling whitespace of nearly $4 billion within the US and Canada K-12 market
- Considerable international expansion opportunity
- Expected 10x increase in global TAM
- Sustainable and proven financial operating model
- None.
Management to outline its path to
At the event, PowerSchool’s management team will present a view of the Company’s long-term strategy, the sizable revenue and profitability growth opportunities in the global K-12 education sector, and 2026 financial targets. Specifically, management will provide insights into the following elements of the business:
- Platform Advantage: The differentiated and broad platform of solutions that has been built over the last 25 years, providing a meaningful competitive moat.
- Attractive Market Dynamics: PowerSchool participates in a multi-trillion-dollar K-12 spending environment that has proven remarkably resilient over the decades, and the under-investment in efficiency-driving technology creates meaningful runway for long-term growth.
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Cross-Selling Opportunity: PowerSchool has nearly
cross-selling whitespace remaining within the wide and deep presence they have earned with over$4 billion 80% of theU.S. and Canada K-12 market. -
International Expansion Opportunity: There is a considerable international expansion opportunity to provide PowerSchool’s platform to the over 1 billion students outside of the
U.S. andCanada . - Innovation Engine: The progress in developing data and AI-driven innovations that will drive a future of personalized education for all students and teachers.
- TAM Expansion: How PowerSchool’s global TAM is expected to increase ~10x with the initiatives underway.
- Differentiated Financial Model: Details on PowerSchool’s sustainable and proven financial operating model and how that drives margin and cash flow expansion.
- Long-Term Trajectory: Detailed 2026 objectives for key financial and operating metrics.
“We are excited to host our inaugural Investor Day today and look forward to showcasing PowerSchool’s significant runway for continued profitable growth,” said Hardeep Gulati, PowerSchool CEO. “We have a target of reaching
The event will be webcast and registration details are available at PowerSchool’s Investor Relations website under “Events & Presentations.” Presentation materials are available at the same site, and a webcast replay will be made available after the event concludes.
About PowerSchool
PowerSchool (NYSE: PWSC) is the leading provider of cloud-based software for K-12 education in
Forward-Looking Statements
Any statements made in this press release that are not statements of historical fact, including statements about our beliefs and expectations, are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerning possible or assumed future results of operations, including our financial outlook and descriptions of our business plan and strategies. Forward-looking statements are based on PowerSchool management’s beliefs, as well as assumptions made by, and information currently available to, it. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate,” “estimate,” “expect,” “project,” “plan,” “intend,” “believe,” “may,” “will,” “should,” “can have,” “likely,” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future product development and their benefits, and future operating or financial performance or other events. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected. Factors which may cause actual results to differ materially from current expectations include, but are not limited to: economic uncertainty, including high inflation, high interest rates, foreign currency exchange volatility, concerns of economic slowdown or recession, instability of the banking system, and reduced government spending or suspension of investment in new or enhanced projects; our history of cumulative losses; competition; our ability to attract new customers on a cost-effective basis and the extent to which existing customers renew and upgrade their subscriptions; our ability to sustain and expand revenues, maintain profitability, and to effectively manage our anticipated growth; our ability to retain, hire, and integrate skilled personnel including our senior management team; our ability to identify acquisition targets and to successfully integrate and operate acquired businesses; our ability to maintain and expand our strategic relationships with third parties, including with state and local government entities; the seasonality of our sales and customer growth; our reliance on third-party software and intellectual property licenses; our ability to obtain, maintain, protect, and enforce intellectual property protection for our current and future solutions; the impact of potential information technology or data security breaches or other cyber-attacks or other disruptions; and the other factors described under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, and our most recent Quarterly Report on Form 10-Q, each filed with the Securities Exchange Commission (“SEC”). Copies of such filing may be obtained from the Company or the SEC.
We caution you that the factors referenced above may not contain all of the factors that are important to you. In addition, we cannot assure you that we will realize the benefits, results, or developments we expect or anticipate or, even if substantially realized, that they will result in the consequences or affect us or our operations in the way we expect. All forward-looking statements reflect our beliefs and assumptions only as of the date of this press release. We undertake no obligation to update forward-looking statements to reflect future events or circumstances except as required by law.
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Investor Contact:
Shane Harrison
investor.relations@powerschool.com
855-707-5100
Media Contact:
Beth Keebler
public.relations@powerschool.com
503-702-4230
Source: PowerSchool Holdings, Inc.