💰 Financial Record

This document appears to be a page from an investment report or business overview regarding 'k12' (K12 Inc.), a virtual education company. It details the company's business model, profitability (noting higher margins due to lack of physical infrastructure), and presence in various US states during the 2006 fiscal year. The document highlights financial projections, specifically a revenue increase in district-managed programs from $3 million in 2006 to a projected $11 million in 2008, and references a 2001 KPMG study validating their curriculum quality.