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The latest announcement is out from EDU Holdings Limited ( (AU:EDU) ).
EDU Holdings Limited reported record first-half results for FY25, driven by significant growth in its higher education business, Ikon Institute of Australia. The company achieved substantial increases in revenue, EBITDA, and NPAT, with strong enrolment growth in Ikon underpinning its performance. However, its vocational education business, ALG, faced challenges due to tighter student visa regulations, leading to a decline in enrolments. Despite these challenges, EDU Holdings maintains a robust financial position with a strong cash balance and anticipates exceeding FY24 performance metrics. The company plans to continue investing in course expansion and student recruitment strategies to sustain long-term growth.
More about EDU Holdings Limited
EDU Holdings Limited is a prominent tertiary education group that operates in the higher and vocational education sectors. The company focuses on providing quality education through its higher education business, Ikon Institute of Australia, and its vocational education business, Australian Learning Group (ALG).
Average Trading Volume: 1,010,289
Technical Sentiment Signal: Buy
Current Market Cap: A$63.23M
For a thorough assessment of EDU stock, go to TipRanks’ Stock Analysis page.
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