Breakdown | |||||
TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
99.14M | 111.37M | 102.22M | 46.82M | 16.29M | 10.81M | Gross Profit |
51.81M | 57.28M | 20.31M | 28.73M | 8.47M | 6.98M | EBIT |
15.02M | -129.00K | 4.65M | -8.21M | 584.09K | -2.43M | EBITDA |
8.47M | -13.12M | 17.51M | -1.28M | 2.02M | -1.04M | Net Income Common Stockholders |
-39.32M | -31.23M | 3.61M | -8.70M | 308.10K | -2.64M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
13.74M | 19.34M | 30.26M | 27.16M | 5.03M | 1.00M | Total Assets |
120.63M | 134.28M | 172.07M | 134.69M | 12.56M | 6.27M | Total Debt |
44.24M | 47.87M | 43.84M | 21.39M | 4.71M | 2.98M | Net Debt |
30.50M | 28.53M | 31.63M | -5.78M | 159.39K | 2.14M | Total Liabilities |
94.32M | 99.66M | 106.63M | 73.12M | 10.57M | 9.92M | Stockholders Equity |
26.30M | 34.62M | 65.44M | 61.57M | 1.99M | -3.65M |
Cash Flow | Free Cash Flow | ||||
1.61M | -9.70M | 19.03M | 8.27M | -404.64K | 175.22K | Operating Cash Flow |
4.56M | 1.71M | 25.18M | 11.20M | -24.15K | 191.98K | Investing Cash Flow |
-4.02M | -11.41M | -6.15M | 18.42M | -741.65K | -66.76K | Financing Cash Flow |
-3.64M | -1.22M | -15.93M | -7.00M | 4.47M | 584.68K |
NextEd Group Limited has appointed Andrew Nye as Interim Chief Financial Officer following the retirement of Michael Fahey. Nye brings extensive experience from his previous roles, including his tenure as CFO of ARN Media Limited. The company is conducting an executive search for a permanent CFO. This leadership change is part of NextEd’s ongoing efforts to maintain strong financial management as it continues to expand its educational offerings across Australia and globally.
NextEd Group Limited, a company listed on the ASX under the ticker NXD, has announced a revision to its Securities Trading Policy. The key change allows directors, executives, and employees to trade in the company’s securities at any time outside of defined Blackout Periods, provided they do not possess price-sensitive information. This move is expected to provide greater flexibility for NextEd personnel while maintaining compliance with regulatory standards.
NEXTED GROUP LIMITED has announced the issuance of unquoted equity securities, including 1,000,000 performance rights and 1,200,000 options, as part of its strategic financial maneuvers. This move is likely aimed at enhancing the company’s capital structure and could impact its market positioning by potentially increasing investor interest and stakeholder engagement.
NextEd Group Limited has announced a change in the location of its share registry office in Sydney, which will move to Liberty Place, Level 41, 161 Castlereagh Street, effective from April 14, 2025. This change is part of the company’s ongoing operational adjustments and does not affect the contact details of the registry, indicating a seamless transition for stakeholders.
NextEd Group Limited has announced the cessation of Cass O’Connor as a director, effective March 3, 2025. The notice highlights that O’Connor holds interests in 170,000 ordinary shares and 71,428 options through Cassocom Pty Ltd and COFT BOSS Pty Ltd, reflecting her continued investment in the company despite her departure from the board.
NextEd Group Limited announced a change in the director’s interest, specifically concerning Catherine (Cass) O’Connor. The change involved the lapse of 35,715 unvested NED options due to the inability to meet a service vesting condition following her resignation. This adjustment leaves Ms. O’Connor with 71,428 options to acquire ordinary shares held indirectly by COFT BOSS Pty Ltd.
NEXTED GROUP LIMITED has announced the cessation of certain securities, specifically 35,715 options expiring on December 15, 2030, due to the lapse of conditional rights as the conditions were not met. This announcement may impact the company’s market operations and stakeholders as it reflects changes in the company’s issued capital.
NextEd Group Limited, a company listed on the ASX, has announced its financial results for the first half of the fiscal year 2025, ending December 31, 2024. The company is navigating a challenging regulatory environment with a focus on financial discipline and operational efficiency. The results show a 21% year-over-year decline in revenue to $47 million, primarily due to government restrictions on international student enrollments. Despite a net loss after tax of $8.3 million, NextEd has implemented cost-saving measures and operational improvements, including a 74% growth in vocational course revenue for international students in healthcare and hospitality. The integration of International House has led to the re-enrollment of over 1,900 students, expected to generate more than $13 million in future revenue. The company is also exiting under-utilized sites to enhance efficiency and is conducting a strategic review with findings expected in Q4 FY25.