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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 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 82.39M | 42.18M | 21.21M | 18.21M | 20.80M |
| Gross Profit | 31.00M | 24.23M | 11.04M | 9.29M | -24.32K |
| EBITDA | 26.07M | 7.40M | -63.24K | -2.08M | 808.47K |
| Net Income | 14.79M | 2.60M | -2.99M | -4.82M | 1.53M |
Balance Sheet | |||||
| Total Assets | 55.09M | 35.19M | 33.30M | 38.91M | 36.60M |
| Cash, Cash Equivalents and Short-Term Investments | 18.46M | 6.49M | 3.13M | 6.08M | 6.27M |
| Total Debt | 25.08M | 10.46M | 14.32M | 17.39M | 16.51M |
| Total Liabilities | 32.60M | 22.76M | 22.82M | 25.65M | 24.75M |
| Stockholders Equity | 22.49M | 12.43M | 10.48M | 13.26M | 11.85M |
Cash Flow | |||||
| Free Cash Flow | 23.08M | 10.06M | 618.38K | -3.14M | -1.41M |
| Operating Cash Flow | 23.97M | 11.25M | 1.10M | -1.98M | -1.21M |
| Investing Cash Flow | -1.87M | -2.21M | -464.15K | -1.12M | 1.57M |
| Financing Cash Flow | -10.14M | -5.34M | -3.59M | 2.90M | -1.91M |
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 |
|---|---|---|---|---|---|---|---|
73 Outperform | AU$79.34M | 8.09 | 71.63% | 1.17% | 120.57% | ― | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
58 Neutral | AU$85.54M | 11.91 | 17.97% | 9.92% | ― | ― | |
48 Neutral | AU$29.24M | 4.70 | -22.15% | 1.67% | -2.81% | -503.02% | |
45 Neutral | AU$38.01M | -25.24 | -34.51% | ― | -13.91% | 53.37% | |
45 Neutral | AU$13.92M | -4.84 | -6.74% | ― | 1.42% | 86.97% | |
41 Neutral | AU$13.96M | -2.37 | -111.42% | ― | -14.55% | 70.98% |
EDU Holdings Limited Corporate Events
EDU Holdings Limited has continued its on‑market share buy‑back program for its ordinary fully paid shares, as disclosed in an updated Appendix 3C notification to the ASX. The company reported that a cumulative total of 7,417,358 shares had been repurchased before the previous trading day, with a further 60,000 shares bought back on the prior day.
The update, dated 18 March 2026 and referring to an initial buy‑back notice from September 2024, signals an ongoing capital management strategy aimed at reducing the number of shares on issue. Regular daily disclosures underscore EDU’s compliance with ASX reporting rules and provide shareholders with transparency on the scale and pace of the on‑market buy‑backs.
The most recent analyst rating on (AU:EDU) stock is a Buy with a A$0.68 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
EDU Holdings has provided an updated notification to the ASX regarding its ongoing on-market share buy-back of ordinary fully paid shares. The latest daily disclosure shows that as of 16 March 2026, the company has repurchased a cumulative 7,217,358 shares before the previous trading day and acquired an additional 100,000 shares on the prior day.
The buy-back, first notified in September 2024 and now subject to regular daily updates, underscores EDU Holdings’ continued focus on active capital management. Ongoing repurchases may reduce the company’s free float and can signal confidence in its valuation, with potential implications for earnings per share and shareholder value over time.
The most recent analyst rating on (AU:EDU) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
EDU Holdings Limited is listed on the Australian Securities Exchange under the ticker EDU, with ordinary fully paid shares forming its main listed security class. The company is engaged in the education industry, but this disclosure centers on the structure and progress of its on‑market buy‑back of its listed equity.
The company has provided an updated daily notification on its ongoing on‑market share buy‑back, reporting that a total of 7,012,292 shares had been repurchased before the previous day and an additional 55,066 shares were bought back on the previous trading day. The update, dated 11 March 2026, forms part of a continuing capital management program that gradually reduces the number of shares on issue, which can potentially enhance earnings per share and signal management’s confidence in the company’s valuation.
The most recent analyst rating on (AU:EDU) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
EDU Holdings Limited has continued its on-market share buy-back program, targeting its ordinary fully paid shares listed on the ASX under the code EDU. The company reported that as of the latest update, 6,762,292 shares had been repurchased before the previous day, with an additional 250,000 shares bought back on the previous trading day.
The disclosure, filed as an update to a buy-back first notified in late September 2024, reflects EDU Holdings’ ongoing effort to reduce its share count and manage its capital structure. Regular daily notifications of repurchases signal an active execution of the buy-back strategy, which may support earnings per share and indicate management’s confidence in the company’s valuation for existing shareholders.
The most recent analyst rating on (AU:EDU) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
EDU Holdings Limited has been conducting an on-market share buy-back of its ordinary fully paid shares as part of its capital management strategy. The company reported that, as of 9 March 2026, it had repurchased a total of 6,652,292 shares prior to the previous trading day and a further 110,000 shares on the previous day, reflecting an ongoing program first notified to the market in September 2024 and updated regularly to inform investors of its execution.
The latest update confirms the continuation of this buy-back activity, signaling management’s ongoing effort to adjust the company’s capital structure and potentially enhance shareholder value through a reduced share count. Regular daily notifications to the ASX indicate a transparent approach to the buy-back process, allowing stakeholders to track the scale and pace of repurchases and assess their implications for liquidity and ownership concentration.
The most recent analyst rating on (AU:EDU) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
EDU Holdings Limited has provided an update on its on-market share buy-back program for its ordinary fully paid shares, originally notified in September 2024. As of the latest filing dated 5 March 2026, the company reported a cumulative 6,621,534 shares repurchased before the previous trading day, with an additional 30,758 shares bought back on the prior day, signalling the continued execution of its capital management strategy.
The latest daily buy-back notification underscores EDU Holdings’ ongoing use of on-market repurchases to adjust its capital structure and potentially enhance shareholder value. Regular updates of this kind indicate an active approach to managing the company’s equity base, which may have implications for earnings per share and market liquidity as the program progresses.
The most recent analyst rating on (AU:EDU) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
EDU Holdings reported a 95% jump in FY25 revenue to $82.4 million, driven mainly by strong enrolment growth at its Ikon higher education arm, which now accounts for 80% of group revenue and 90% of operating EBITDA. Group EBITDA surged 232% to $26.1 million, NPAT climbed to $14.8 million, and robust cash generation underpinned dividends, share buybacks and full debt repayment.
Ikon’s student enrolments reached a record 4,537 in the third trimester of 2025, supporting a 135% rise in revenue and a 40% EBITDA margin, as the business expanded into postgraduate offerings and broadened its course portfolio. Vocational unit ALG returned to profitability with double-digit enrolment and revenue growth, while ongoing course development and significant capital returns signal a more scalable, higher-margin profile aimed at enhancing long-term shareholder value.
The most recent analyst rating on (AU:EDU) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
EDU Holdings Limited has declared an ordinary dividend of A$0.03 per fully paid share for the six‑month period ended 31 December 2025, reinforcing its commitment to returning capital to shareholders. The dividend will trade ex‑dividend on 3 March 2026, with a record date of 4 March 2026 and payment scheduled for 31 March 2026, signalling stable cash generation and providing income visibility for investors.
The most recent analyst rating on (AU:EDU) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
EDU Holdings Limited, an education services provider, reported a substantial turnaround in its financial position for the year ended 31 December 2025, reflecting stronger demand and improved operational scale in its training and learning businesses. The group’s net tangible asset backing per share also moved from negative to positive, indicating a healthier balance sheet and greater underlying asset support for shareholders.
Revenue from continuing operations nearly doubled to $82.4 million, while EBITDA more than tripled and profit after tax surged to $14.8 million, marking a 469% increase on the prior year. The company declared its maiden fully franked interim dividend of $0.01 per share and announced a further fully franked final dividend of $0.03 per share, signalling confidence in ongoing cash generation and providing a new income stream for investors.
The most recent analyst rating on (AU:EDU) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
EDU Holdings Limited has released its latest Corporate Governance Statement, together with the accompanying Appendix 4G, in line with ASX Listing Rules 4.7 and 4.10.3. The publication underscores the company’s ongoing compliance with Australian governance and disclosure standards, providing investors and other stakeholders with transparency on its governance framework and board oversight practices.
The documents formalise how EDU addresses key governance principles expected of ASX-listed entities, including accountability and regulatory alignment. While no operational or financial updates were included, the release reinforces EDU’s commitment to best-practice corporate governance, which can influence investor confidence and its standing within the Australian education and broader capital markets.
The most recent analyst rating on (AU:EDU) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
EDU Holdings reported record Term 1 2026 enrolments of 6,627 students, up 36% year on year, driven by strong growth at Ikon Institute, which now accounts for 80% of total enrolments. New student enrolments rose 5% to 1,163, with higher education representing 90% of new intake, supported by strong demand for recently launched postgraduate offerings and a record domestic student cohort.
Courses introduced in 2025 contributed nearly a quarter of Ikon’s latest trimester enrolments, while new Bachelor and Master of Social Work programs launched in 2026 are expected to deepen the higher education mix and revenue visibility due to longer course durations. Vocational enrolments at Australian Learning Group softened amid tighter visa settings, but the segment remains strategically important for student diversity and pathways, as the company implements mitigation strategies and diversifies recruitment channels ahead of regulatory changes to agent commissions.
The most recent analyst rating on (AU:EDU) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
EDU Holdings Limited has announced that director Gary Zalman Burg ceased to be a director of the company on 20 February 2026, with a final notification of his relevant interests lodged with the ASX. The filing shows Burg holds no shares directly but maintains an indirect interest in 3,585,292 fully paid ordinary shares through Court Super Pty Ltd as trustee for the G&P Burg Super Fund, indicating a continued significant economic stake despite his board departure.
The change removes Burg from the company’s boardroom while preserving substantial shareholder exposure via his superannuation structure. For investors, the update clarifies that although governance roles have shifted, Burg’s financial alignment with EDU Holdings remains material, which may temper concerns about wholesale disengagement and provide continuity from a major beneficial holder.
The most recent analyst rating on (AU:EDU) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
EDU Holdings has announced the immediate resignation of Non-Executive Chair and Director Gary Burg due to health reasons, ending a decade-long tenure that began after the company’s 2016 recapitalisation and ASX relisting. Burg, who led the supporting investor consortium, departs at what he describes as a positive stage in EDU’s evolution and is credited by the board with providing steady guidance through both challenging and defining periods.
Long-standing Non-Executive Director Peter Mobbs has been appointed Interim Non-Executive Chair to ensure leadership continuity while the board begins a formal search for a permanent successor. The transition marks a significant governance change for EDU but is framed as orderly and respectful, aiming to minimise disruption to operations and reassure stakeholders of the company’s stability and ongoing strategic direction.
The most recent analyst rating on (AU:EDU) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
EDU Holdings Limited has outlined its 2026 reporting timetable for student enrolment metrics across its higher education arm, Ikon Institute, and vocational arm, Australian Learning Group. The company will publish enrolment data for Ikon’s trimesters and ALG’s terms in late February, mid-June, and mid-October.
The scheduled disclosure of student numbers provides investors and other stakeholders with clearer visibility on EDU’s operational performance through the academic year. Regular reporting of enrolment trends is likely to be a key indicator of demand for the group’s courses and may influence assessments of revenue momentum and capacity planning across its higher education and vocational portfolios.
The most recent analyst rating on (AU:EDU) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
Macquarie Group Limited and its controlled entities have lodged a formal notice that they have ceased to be a substantial holder in EDU Holdings Limited as of 2 February 2026, ending their prior status as a major shareholder in the education company. The change in substantial holding alters EDU Holdings’ share register composition and may signal a shift in institutional investor support, with potential implications for trading liquidity and market perception of the company’s stock, though no specific rationale or transaction details were disclosed in the filing.
The most recent analyst rating on (AU:EDU) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
EDU Holdings Limited expects its FY25 financial results to come in towards the top end of guidance, with revenue projected at $80.4 million to $82.4 million, EBITDA at $24.1 million to $25.6 million, and NPAT at $13.6 million to $15.1 million, representing very strong year-on-year growth. Performance is being driven primarily by its higher education arm, Ikon Institute, which has expanded into the postgraduate market and is seeing progressive enrolment growth, while its vocational arm, ALG, is experiencing softer enrolments amid challenging VET sector conditions but remains strategically important for student diversity and pathways; management highlights diversified student mix, expanded course offerings, multiple recruitment channels and a strong balance sheet as positioning the group well for 2026 and upcoming regulatory changes in international education.
The most recent analyst rating on (AU:EDU) stock is a Hold with a A$0.79 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
EDU Holdings Limited has outlined the implications of amendments to Australia’s National Code of Practice for Providers of Education and Training to Overseas Students, which will prohibit education providers from paying recruitment commissions to agents for international students transferring between onshore providers before completing their principal course, effective for new acceptances from 1 April 2026. While this change affects a material share of new enrolments at its Ikon Institute, EDU expects underlying demand for its courses to remain resilient and is adapting by reworking its agent engagement models, expanding direct recruitment into the onshore international market, pushing harder into offshore recruitment, and further growing domestic enrolments, particularly at postgraduate level, leaving the ultimate financial impact uncertain but positioning the company to maintain competitiveness under the new regulatory settings.
The most recent analyst rating on (AU:EDU) stock is a Hold with a A$0.91 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
EDU Holdings Limited has called an Extraordinary General Meeting for 12 February 2026 in Sydney to seek shareholder approval for a selective buyback of 10 million fully paid ordinary shares from major shareholder Mulpha Education Investments Pty Ltd. An independent expert has concluded that the proposed Mulpha buyback is fair and reasonable, a finding that may also help shareholders assess a separate proposed buyback from Investec. The vote, subject to regulatory and listing rule requirements including voting exclusions for Mulpha and its associates, could reshape EDU’s share register, potentially reducing the influence of key investors and altering the company’s capital structure and governance dynamics for remaining shareholders.
The most recent analyst rating on (AU:EDU) stock is a Buy with a A$0.93 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.
EDU Holdings Limited has called an Extraordinary General Meeting for 12 February 2026 in Sydney to seek shareholder approval for a series of share buyback proposals involving stakes held by Mulpha Education Investments Pty Ltd and Investec Australia Pty Ltd, as well as a conditional on-market buyback. All resolutions will be decided by poll, with shareholders encouraged to vote either in person or by proxy, underlining the potential impact of these capital management initiatives on the company’s share register, ownership structure and capital allocation strategy.
The most recent analyst rating on (AU:EDU) stock is a Buy with a A$0.93 price target. To see the full list of analyst forecasts on EDU Holdings Limited stock, see the AU:EDU Stock Forecast page.