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Nido Education Limited Reports Strong FY2024 Financial Results

Story Highlights
  • Nido Education Limited achieved a net profit of $19.5 million in FY2024.
  • The company reported significant growth in service revenue and EBITDA, with a strong operational performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nido Education Limited Reports Strong FY2024 Financial Results

Confident Investing Starts Here:

Nido Education Limited ( (AU:NDO) ) has issued an announcement.

Nido Education Limited reported strong financial results for the fiscal year 2024, achieving a net profit after tax of $19.5 million and declaring a maiden dividend. The company saw substantial growth in service revenue and EBITDA, highlighting a robust operational performance with an average occupancy rate of 78% and fee increases, indicating potential for future growth.

More about Nido Education Limited

Nido Education Limited operates in the education sector, focusing on providing educational services. The company generates revenue through service fees and establishment and management fees, with a significant focus on service-based performance.

YTD Price Performance: 2.63%

Average Trading Volume: 105,554

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$177.9M

Find detailed analytics on NDO stock on TipRanks’ Stock Analysis page.

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