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An update from Evolve Education Group Ltd ( (AU:EVO) ) is now available.
Embark Early Education Limited announced significant growth in 2024, acquiring 14 new centers, which increased its total to 38 centers with 3,476 licensed places. The acquisitions, valued at $37 million, were funded through operating cash flows, additional equity, and minimal bank debt, reflecting the company’s strategic expansion and robust financial management.
More about Evolve Education Group Ltd
Embark Early Education Limited operates in the early childhood education industry, focusing on providing early learning services through its network of centers. The company is committed to expanding its market presence by acquiring additional centers to increase its licensed places.
Average Trading Volume: 117,668
Technical Sentiment Signal: Sell
Current Market Cap: A$127.5M
For an in-depth examination of EVO stock, go to TipRanks’ Stock Analysis page.
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