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EDU Holdings Limited
(Sydney:EDU)
EDU Holdings Limited (EDU) vs. iShares MSCI Australia ETF (EWA)
EDU Holdings Limited Business Overview & Revenue Model
EDU Holdings Limited Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 42.18M | 21.21M | 18.21M | 20.80M | 23.38M |
| Gross Profit | 24.23M | 11.04M | 9.29M | -24.32K | 12.27M |
| EBITDA | 7.40M | -63.24K | -2.08M | 808.47K | 2.69M |
| Net Income | 2.60M | -2.99M | -4.82M | 1.53M | -580.59K |
Balance Sheet | |||||
| Total Assets | 35.19M | 33.30M | 38.91M | 36.60M | 39.75M |
| Cash, Cash Equivalents and Short-Term Investments | 6.49M | 3.13M | 6.08M | 6.27M | 7.82M |
| Total Debt | 10.46M | 14.32M | 17.39M | 16.51M | 17.18M |
| Total Liabilities | 22.76M | 22.82M | 25.65M | 24.75M | 28.78M |
| Stockholders Equity | 12.43M | 10.48M | 13.26M | 11.85M | 10.97M |
Cash Flow | |||||
| Free Cash Flow | 10.06M | 618.38K | -3.14M | -1.41M | 4.75M |
| Operating Cash Flow | 11.25M | 1.10M | -1.98M | -1.21M | 5.01M |
| Investing Cash Flow | -2.21M | -464.15K | -1.12M | 1.57M | -689.10K |
| Financing Cash Flow | -5.34M | -3.59M | 2.90M | -1.91M | -3.12M |
EDU Holdings Limited Technical Analysis
EDU Holdings Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$31.58M | 15.72 | 8.55% | 0.90% | 11.73% | 66.51% | |
68 Neutral | AU$57.21M | 23.90 | 22.69% | ― | 98.84% | ― | |
65 Neutral | $27.20B | 15.36 | -4.27% | 3.20% | 1.01% | 3.58% | |
61 Neutral | AU$44.42M | ― | -85.37% | ― | -15.88% | -1426.12% | |
47 Neutral | AU$15.25M | ― | -17.65% | ― | -0.14% | 67.13% | |
42 Neutral | AU$24.74M | ― | -98.41% | ― | -26.46% | 56.78% |
EDU Holdings Limited Corporate Events
EDU Holdings Limited has announced a change in the director’s interest notice concerning Mr. Jonathan Pager. The director has acquired 2,335,519 fully paid ordinary shares, increasing his total holdings to 6,222,995 shares. This acquisition was conducted through both off-market and on-market trades, with a total consideration of $759,444. The change in shareholding reflects a significant increase in Mr. Pager’s investment in the company, potentially indicating confidence in the company’s future prospects.
EDU Holdings Limited has announced that there has been no change in the relevant interests of Investec Australia Pty Ltd (IAPL) in its voting securities. IAPL maintains an 8% voting power in EDU Holdings, with its shares held in trust by Global UCW Pty Ltd. This announcement indicates stability in the shareholder structure of EDU Holdings, suggesting no immediate shifts in control or influence within the company.
EDU Holdings Limited has announced that Clive Baskin has become a substantial holder in the company, acquiring a 6.38% voting power through 9,609,720 fully paid ordinary shares. This development signifies a notable shift in the company’s shareholder structure, potentially impacting its governance and strategic decision-making, as Baskin’s involvement could influence the company’s direction and priorities.
EDU Holdings Limited announced a significant change in the indirect interests of its director, Mr. Gary Zalman Burg. The company reported that Mr. Burg disposed of 9,609,720 fully paid ordinary shares, reducing his indirect interest to 3,585,292 shares. This change was due to a transfer of shares held by Global UCW No 2 Pty Ltd, the trustee of the Global UCW Unit Trust, to Clive Baskin. The announcement corrects previous reports which inaccurately noted Mr. Burg’s indirect interest in all shares held by Global UCW Pty Ltd.
EDU Holdings Limited announced that Mr. Gary Burg has ceased to be a substantial holder due to his departure as a director and shareholder of Global UCW No 2 Pty Ltd, which affects his relevant interest in EDU shares. This change does not impact the beneficial or registered holders of EDU shares, as it solely pertains to Mr. Burg’s directorships and the associated relevant interests.
EDU Holdings Limited has announced a change in the director’s interest, specifically for Adam Davis, who is the sole director and company secretary of ABD Holdings Pty Limited. On June 16, 2025, Davis acquired 1,250,000 ordinary shares through an on-market trade, increasing his total holdings to 14,000,000 shares. This transaction reflects a strategic move by the director, potentially indicating confidence in the company’s future performance and stability, which could impact stakeholders’ perceptions positively.
EDU Holdings Limited has reported a significant 118% increase in total student enrolments for Trimester 2, 2025, at its Ikon Institute, compared to the previous corresponding period. This growth underscores the sustained demand for Ikon’s programs, although new student enrolments have faced increased competition from other providers. The company has also adapted to regulatory changes affecting international student enrolments, ensuring that domestic students remain unaffected by new enrolment caps.
EDU Holdings Limited announced a change in the director’s interest, with Mr. Jonathan Pager acquiring an additional 250,000 fully paid ordinary shares through an on-market trade, increasing his total holdings to 3,887,476 shares. This acquisition, valued at $45,000, reflects a strategic move by the director, potentially indicating confidence in the company’s future prospects and stability, which could reassure stakeholders and influence market perceptions.
EDU Holdings Limited has decided to withdraw its proposed delisting from the ASX and the associated equal access off-market buy-back after receiving feedback from shareholders who prefer the company to remain listed. The decision reflects the company’s commitment to aligning its capital management strategies with shareholder interests and maintaining its focus on long-term value creation.
EDU Holdings Limited has issued a correction regarding the timing of its upcoming general meeting, clarifying that it will be held at 10:00am AEST instead of AEDT. This correction ensures that stakeholders have accurate information for participation, reflecting the company’s commitment to clear communication.
EDU Holdings Limited has announced a change in the director’s interest, specifically involving Adam Davis, who is the sole director and company secretary of ABD Holdings Pty Limited. The change involves the acquisition of 2,750,000 ordinary shares through an on-market trade, increasing the total number of fully paid ordinary shares held by the director to 12,750,000. This change reflects a significant increase in the director’s stake in the company, which may indicate confidence in the company’s future prospects.
EDU Holdings Limited has experienced a change in the interests of a substantial shareholder, ABD Holdings Pty Limited, which has increased its voting power from 5.96% to 8.47% through a series of share acquisitions. This change in voting power could potentially impact the company’s decision-making process and influence its strategic direction, as a larger stake often translates to more significant influence over company operations.
EDU Holdings Limited has announced a General Meeting to discuss two key resolutions: the removal of the company from the ASX Official List and an equal access share buy-back of up to 75 million shares. These resolutions, if approved, could significantly impact the company’s market presence and shareholder value, as delisting may reduce market visibility while the share buy-back could enhance shareholder returns.
EDU Holdings Limited has announced a general meeting of shareholders scheduled for June 23, 2025, where key resolutions will be discussed, including the potential removal of the company from the ASX official list and an approval for an equal access share buy-back. These resolutions could significantly impact the company’s market presence and shareholder value, making it crucial for stakeholders to participate in the voting process.
EDU Holdings Limited announced a change in the director’s interest, with Mr. Jonathan Pager acquiring an additional 500,000 fully paid ordinary shares through an on-market trade, increasing his total holdings to 3,637,476 shares. This acquisition, valued at $87,500, reflects a significant increase in Mr. Pager’s stake in the company, potentially indicating confidence in the company’s future prospects and stability, which may positively influence stakeholder perception.
EDU Holdings Limited has announced a buy-back of ordinary shares for holders with less than a marketable parcel, offering a price of $0.165 per share. This initiative, which is independent of the company’s proposed delisting from the ASX, is expected to cost approximately $6,700 and will be funded from existing cash reserves.
Microequities Asset Management Pty Limited has announced that it has ceased to be a substantial holder in EDU Holdings Limited. This change in substantial holding may impact EDU Holdings Limited’s shareholder structure and could have implications for its market positioning and stakeholder interests.
EDU Holdings Limited has experienced a change in the interests of a substantial shareholder, DMX Asset Management Limited, which now holds increased voting power in the company. The change, effective from May 15, 2025, reflects DMX’s strategic on-market purchases, enhancing its influence from 5.25% to 6.38% of voting power. This shift in shareholder dynamics could impact the company’s governance and strategic decisions, potentially affecting other stakeholders and market perceptions.
EDU Holdings Limited announced its approved request for voluntary delisting from the Australian Securities Exchange (ASX), subject to shareholder approval. The company plans to offer an equal access share buy-back for shareholders who prefer not to retain their shares post-delisting, aiming to buy back up to 75 million shares at $0.165 each. This strategic move, pending approval at a general meeting on June 23, 2025, is designed to provide flexibility for shareholders and potentially streamline the company’s operations away from public market pressures.
EDU Holdings Limited announced a change in the director’s interest, specifically regarding the issuance of performance rights to Adam Davis, the sole director and company secretary of ABD Holdings Pty Limited. The issuance of 1,149,381 performance rights under the company’s Employee Incentive Plan, as approved by shareholders, reflects the company’s strategy to incentivize and retain key management personnel, potentially impacting its operational focus and aligning management interests with shareholder value.
EDU Holdings Limited announced that all resolutions proposed at their Annual General Meeting were approved by shareholders, including a special resolution for the future issuance of securities. This approval reflects strong shareholder support and positions the company for potential growth and strategic initiatives, enhancing its market presence and operational capabilities.
EDU Holdings Limited reported a landmark financial year with significant growth in revenue and profitability, driven by strong enrolment numbers in its Ikon and ALG education businesses. Despite regulatory challenges affecting international student enrolments, the company achieved a 129% increase in revenue for the first quarter of 2025, and is actively working on strategies to mitigate risks by focusing on the domestic market. The company anticipates continued growth but acknowledges competitive pressures and necessary cost increases to manage the influx of students.
EDU Holdings Limited has announced its intention to voluntarily delist from the Australian Securities Exchange (ASX), pending shareholder approval. The decision is driven by low trading volumes, regulatory uncertainties in the international student market, and the costs associated with maintaining its listing. The company plans to offer an off-market buy-back for shareholders who wish to sell their shares post-delistment. This move reflects the company’s strategic response to market conditions and regulatory challenges, particularly the impact of proposed government regulations on international student commencements, which could significantly affect its revenue.
EDU Holdings Limited has reported a 25% increase in total student enrolments for Term 2, 2025 in its VET business, ALG, compared to the previous corresponding period. However, new student enrolments have decreased by 32%, reflecting challenges in the VET sector due to reduced visa grants and tighter student visa settings, impacting international student numbers significantly.