Nelnet (NNI) Investor presentation summary

Strategic direction and values

• Focuses on serving customers, associates, and communities, aiming to make dreams possible and provide superior experiences.

• Pursues diversification, growth, open communication, and community engagement.

Corporate objectives and business pillars

• Aims to enhance customer experiences, grow core operations, diversify offerings, energize associates, and exceed financial targets.

• Seeks long-term repositioning and technology modernization.

• Operates through diversified services, business services, financial services, and other activities, including loan servicing, tuition payment plans, and renewable energy.

Financial performance and segment results

• Adjusted EPS rose from $3.25 in 2023 to $4.81 in 2024, with non-GAAP metrics provided for investor insight.

• 2024 consolidated net revenue reached $1.14 billion, with adjusted net income of $176 million and after-tax EPS of $4.81.

• NBS segment achieved a 38% pre-tax operating margin in 2024, with net margin increasing to $118 million.