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EDU (EDU) investor relations material
EDU H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue surged 95% year-over-year to $82.4m, with strong momentum into FY26.
NPAT rose to $14.8m from $2.6m, with margin up 12 percentage points to 18%.
Net cash increased by $13.5m after full debt repayment, share buybacks, and dividends.
Higher education (HE) enrolments grew 109%, driven by Ikon, while VET enrolments rose 11% despite market softness.
Expanded course portfolio and entered the postgraduate market, broadening addressable market.
Financial highlights
Gross profit doubled to $50.2m, with gross margin up 3 points to 61%.
EBITDA reached $26.1m, up 232%, with margin up 13 points to 32%.
NPAT margin improved to 18%, up from 6% in the prior year.
Net operating cashflow of $24.0m, up $12.7m year-over-year.
Final fully-franked dividend of $0.03 per share, total FY25 dividend $0.04.
Outlook and guidance
FY26 expected to see further increases in revenue, EBITDA, and NPAT.
Group T1'26 enrolments up 36% year-over-year, with 90% in higher education.
Ongoing investment in growth, with further guidance to be provided later in the year.
Board confident in long-term positioning in high-growth sectors.
- Revenue up 64% and EBITDA surged, but regulatory caps pose future growth risks.EDU
H1 202424 Nov 2025 - Revenue and profit surged on enrolment growth, with positive FY25 guidance despite regulatory risks.EDU
H2 202424 Nov 2025 - FY24 saw strong growth and a delisting proposal with a premium buy-back for shareholders.EDU
AGM 2025 Presentation24 Nov 2025 - Record revenue and profit growth in 1H25, led by Ikon, with robust cash flow and a maiden dividend.EDU
H1 202524 Nov 2025 - Strong enrolment and revenue growth driven by higher education focus and national expansion.EDU
Investor Presentation24 Nov 2025
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