The latest update is out from IDP Education Ltd. ( (AU:IEL) ).
IDP Education Ltd. reported a decline in its financial performance for the half-year ending December 31, 2024, with revenue dropping by 18% and net profit decreasing by 39% compared to the previous year. Despite the financial downturn, the company declared an interim dividend, reflecting its commitment to shareholder returns, and noted a significant portion of its assets are intangible, highlighting the company’s investment in software and development.
More about IDP Education Ltd.
IDP Education Ltd. operates in the education sector, offering services primarily focused on international student placement and English language testing. The company is known for its significant role in facilitating student mobility across borders and providing language proficiency assessments.
YTD Price Performance: 2.07%
Average Trading Volume: 348
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €2B
For detailed information about IEL stock, go to TipRanks’ Stock Analysis page.