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An update from EDU Holdings Limited ( (AU:EDU) ) is now available.
EDU Holdings Limited announced record financial results for the first half of FY25, with a 114% increase in group revenue to $36.1 million, driven by strong enrolment growth in both its Ikon and ALG divisions. The company’s EBITDA rose significantly to $10.9 million, and it declared a maiden interim dividend, reflecting a robust financial position. While Ikon showed substantial growth with new courses and increased enrolments, ALG faced challenges due to sector-wide softness from government reforms, impacting its enrolment figures. The outlook for 2H25 suggests continued growth for Ikon, while ALG may experience further declines.
The most recent analyst rating on (AU:EDU) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
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 primarily offers educational services through its two main divisions, Ikon and ALG, focusing on both domestic and international student markets.
Average Trading Volume: 661,614
Technical Sentiment Signal: Buy
Current Market Cap: A$72.27M
Find detailed analytics on EDU stock on TipRanks’ Stock Analysis page.