Kip McGrath Lifts Half-Year Profit and Increases Interim Dividend

The latest announcement is out from Kip McGrath Education Centres Limited ( (AU:KME) ).

Kip McGrath Education Centres Limited reported half-year revenue from continuing operations of $15.2 million, up 1.6%, with EBITDA rising 3.9% to $4.3 million and profit after tax from continuing operations up 15.4% to $1.5 million. Overall profit attributable to shareholders surged to $1.76 million from $616,000, aided by a turnaround in discontinued operations and an increase in net tangible assets per share from 3.37 to 5.39 cents.

The board paid a fully franked final dividend of 0.5 cents per share for FY25 and has declared a fully franked interim dividend of 1.0 cent per share for FY26, estimated at $554,000, signaling confidence in the company’s cash generation. While a dividend reinvestment plan remains in place, the board has suspended its operation for the FY26 interim dividend, meaning shareholders will receive this payout entirely in cash rather than additional shares.

The most recent analyst rating on (AU:KME) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Kip McGrath Education Centres Limited stock, see the AU:KME Stock Forecast page.

More about Kip McGrath Education Centres Limited

Kip McGrath Education Centres Limited operates in the education services industry, providing tutoring and learning support through a network of centres. The company focuses on delivering structured, curriculum-aligned programs aimed at improving student outcomes in key academic subjects for school-aged children.

Average Trading Volume: 152,074

Technical Sentiment Signal: Hold

Current Market Cap: A$28.55M

See more data about KME stock on TipRanks’ Stock Analysis page.