iCollege Ltd. (NXD) AI Stock Analysis

• Market Cap: AU$45.53M
• Dividend Yield: N/A
• Average Volume (3M): 255.90K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.40
• Revenue Growth: -13.91%
• EPS Growth: 53.37%
• Country: AU
• Employees: N/A
• Sector: Technology
• Sector Strength: 88
• Industry: Education & Training Services
• EPS (TTM): -0.03
• Shares Outstanding: 222,116,120
• 10 Day Avg. Volume: 255,102
• 30 Day Avg. Volume: 255,898
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$0.38
• Price Target Upside: 100.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 51 Neutral
• Price Target: AU$0.00 ▼(-100.00% Downside)

The overall stock score reflects strong technical momentum but is weighed down by financial instability and poor valuation metrics. The company's revenue growth is promising, but high debt levels and negative profitability present significant risks.

iCollege Ltd. Business Overview & Revenue Model

Company Description

iCollege Ltd. (NXD) is an education-focused company operating in the online learning sector. The company provides a range of educational services, including professional training courses, certification programs, and skill development workshops. iCollege Ltd. aims to deliver high-quality, accessible education to students and professionals looking to enhance their expertise and advance their careers.

How the Company Makes Money

iCollege Ltd. generates revenue through a variety of channels, primarily by offering paid courses and certification programs across multiple disciplines. The company charges tuition fees for individual courses or bundled programs, which can be purchased directly by students or through corporate partnerships where companies sponsor employee training. Additionally, iCollege Ltd. collaborates with industry experts and educational institutions to co-develop specialized curricula, sharing revenue derived from these joint offerings. The company also explores opportunities for subscription-based models, where customers pay a recurring fee for access to a broader range of learning materials and resources.

iCollege Ltd. Financial Statement Overview

Summary

iCollege Ltd. shows strong revenue growth but faces significant challenges in profitability and cash flow management. High debt levels and negative net income raise concerns about financial stability.

Income Statement

iCollege Ltd. has shown significant revenue growth over the years, with a notable increase from 2022 to 2023. However, the company is struggling with profitability, as evidenced by negative EBIT and net income in the latest year. The gross profit margin has improved, but the net profit margin remains negative, indicating ongoing challenges in managing costs and achieving profitability.

Balance Sheet

The balance sheet shows a concerning debt-to-equity ratio, with total debt exceeding stockholders' equity, indicating high leverage. The equity ratio has declined, reflecting reduced financial stability. Despite these challenges, the company maintains a reasonable level of cash and short-term investments, providing some liquidity cushion.

Cash Flow

Cash flow analysis reveals a decline in operating cash flow and a negative free cash flow in the latest year, highlighting liquidity pressures. The free cash flow to net income ratio is unfavorable, suggesting inefficiencies in converting income into cash. The company needs to improve cash flow management to support its operations and growth.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	111.37M	102.22M	46.82M	16.29M	10.81M
Gross Profit	57.28M	20.31M	28.73M	8.47M	6.98M
EBITDA	-13.12M	17.51M	-1.28M	2.02M	-1.04M
Net Income	-31.23M	3.61M	-8.70M	308.10K	-2.64M
Balance Sheet
Total Assets	134.28M	172.07M	134.69M	12.56M	6.27M
Cash, Cash Equivalents and Short-Term Investments	19.34M	30.26M	27.16M	5.03M	1.00M
Total Debt	47.87M	43.84M	21.39M	4.71M	2.98M
Total Liabilities	99.66M	106.63M	73.12M	10.57M	9.92M
Stockholders Equity	34.62M	65.44M	61.57M	1.99M	-3.65M
Cash Flow
Free Cash Flow	-9.70M	19.03M	8.27M	-404.64K	175.22K
Operating Cash Flow	1.71M	25.18M	11.20M	-24.15K	191.98K
Investing Cash Flow	-11.41M	-6.15M	18.42M	-741.65K	-66.76K
Financing Cash Flow	-1.22M	-15.93M	-7.00M	4.47M	584.68K

iCollege Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.19
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NXD, the sentiment is Positive. The current price of 0.19 is below the 20-day moving average (MA) of 0.21, below the 50-day MA of 0.22, and above the 200-day MA of 0.16, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.04 is Neutral, neither overbought nor oversold. The STOCH value of 32.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:NXD.

iCollege Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EDU	72 Outperform	AU$88.83M	10.28	20.91%	1.69%	120.57%	―
KME	72 Outperform	AU$33.01M	-6.20	―	1.72%	-2.81%	-503.02%
NXD	51 Neutral	AU$45.53M	―	-53.18%	―	-13.91%	53.37%
CLU	50 Neutral	AU$28.17M	-4.88	―	―	-14.55%	71.13%
AKG	49 Neutral	AU$15.25M	-11.98	―	―	1.42%	86.97%
3PL	48 Neutral	AU$173.30M	793.75	―	―	-1.08%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

iCollege Ltd. Corporate Events

NextEd Group Announces FY 2025 Results Briefing

NextEd Group Limited has announced a financial year 2025 results briefing for investors and analysts, scheduled for August 28, 2025. This briefing, led by CEO Mark Kehoe and CFO/COO Andrew Nye, will be streamed live, allowing participants to engage with questions online. This event underscores NextEd’s commitment to transparency and engagement with stakeholders, potentially influencing investor confidence and market positioning.

The most recent analyst rating on (AU:NXD) stock is a Buy with a A$0.34 price target. To see the full list of analyst forecasts on iCollege Ltd. stock, see the AU:NXD Stock Forecast page.

AWJ Family Pty Ltd Increases Stake in NextEd Group Limited

AWJ Family Pty Ltd has increased its voting power in NextEd Group Limited from 11.05% to 15.8%, reflecting a significant change in its substantial holding. This change in voting power could potentially enhance AWJ Family Pty Ltd’s influence over NextEd Group Limited’s decisions and strategic direction.

The most recent analyst rating on (AU:NXD) stock is a Buy with a A$0.34 price target. To see the full list of analyst forecasts on iCollege Ltd. stock, see the AU:NXD Stock Forecast page.

Director Increases Stake in NextEd Group

NextEd Group Limited has announced a significant change in the indirect interest of its director, Angus Johnson, in the company’s securities. The change involves the acquisition of 10,485,754 ordinary shares through an on-market purchase, increasing his indirect interest to a total of 34,936,692 shares. This move could potentially strengthen Johnson’s influence within the company and indicates a strong belief in the company’s future prospects.

The most recent analyst rating on (AU:NXD) stock is a Buy with a A$0.34 price target. To see the full list of analyst forecasts on iCollege Ltd. stock, see the AU:NXD Stock Forecast page.

Perpetual Limited Ceases Substantial Holding in Nexted Group

Perpetual Limited and its related bodies corporate have ceased to be a substantial holder in Nexted Group Limited as of June 2, 2025. This change in substantial holding may impact the voting securities and influence within Nexted Group Limited, potentially affecting its market dynamics and stakeholder interests.

The most recent analyst rating on (AU:NXD) stock is a Buy with a A$0.34 price target. To see the full list of analyst forecasts on iCollege Ltd. stock, see the AU:NXD Stock Forecast page.

AWJ Family Pty Ltd Increases Stake in NextEd Group Limited

Angus William Johnson and AWJ Family Pty Ltd have increased their voting power in NextEd Group Limited, a company involved in the education sector, from 9.4% to 11.05%. This change in substantial holding indicates a strengthened position for the AWJ Family Pty Ltd and its associates, potentially influencing the strategic direction and decisions within NextEd Group Limited.

The most recent analyst rating on (AU:NXD) stock is a Buy with a A$0.34 price target. To see the full list of analyst forecasts on iCollege Ltd. stock, see the AU:NXD Stock Forecast page.

NextEd Group Director Increases Shareholding

NextEd Group Limited announced a change in the director’s interest notice, revealing that Angus Johnson, a director, has acquired an additional 1,500,000 ordinary shares through an on-market purchase. This acquisition increases his indirect interest to a total of 24,450,938 ordinary shares, indicating a strengthened personal investment in the company.

The most recent analyst rating on (AU:NXD) stock is a Buy with a A$0.34 price target. To see the full list of analyst forecasts on iCollege Ltd. stock, see the AU:NXD Stock Forecast page.

AustralianSuper Ceases Substantial Holding in NextEd Group

AustralianSuper Pty Ltd has ceased to be a substantial holder in NextEd Group Ltd as of May 27, 2025. This change in holding is attributed to a capital increase by the company, resulting in share dilution, which impacts the voting power and market position of AustralianSuper in relation to NextEd Group Ltd.

The most recent analyst rating on (AU:NXD) stock is a Buy with a A$0.34 price target. To see the full list of analyst forecasts on iCollege Ltd. stock, see the AU:NXD Stock Forecast page.

NextEd Group Issues Shares to CEO Nominee

NextEd Group Limited has issued 1,000,000 ordinary shares to a related party nominee of its CEO, Mark Kehoe, as part of his remuneration package. This issuance follows the vesting of performance rights granted to Mr. Kehoe, with the shares being issued at no cost. The company has complied with relevant provisions of the Corporations Act, ensuring transparency and adherence to legal requirements.

The most recent analyst rating on (AU:NXD) stock is a Buy with a A$0.34 price target. To see the full list of analyst forecasts on iCollege Ltd. stock, see the AU:NXD Stock Forecast page.

NEXTED GROUP LIMITED Announces Quotation of New Securities on ASX

NEXTED GROUP LIMITED has announced the quotation of 1,000,000 ordinary fully paid securities on the Australian Securities Exchange (ASX), with the issue date being May 26, 2025. This move is part of the company’s strategy to enhance its market presence and potentially increase liquidity in its shares, which could have significant implications for its stakeholders and market positioning.

The most recent analyst rating on (AU:NXD) stock is a Buy with a A$0.34 price target. To see the full list of analyst forecasts on iCollege Ltd. stock, see the AU:NXD Stock Forecast page.

NextEd Director Increases Stake with Significant Share Acquisition

NextEd Group Limited announced a change in the director’s interest notice, specifically concerning Angus Johnson, a director with indirect interests in the company. The change involved the acquisition of 2,000,000 ordinary shares by Mr. Johnson through AWJ Family Pty Ltd, increasing his indirect interest to a total of 22,950,938 shares. This on-market purchase reflects a strategic move to bolster Mr. Johnson’s stake in the company, potentially signaling confidence in the company’s future prospects and stability.

The most recent analyst rating on (AU:NXD) stock is a Buy with a A$0.34 price target. To see the full list of analyst forecasts on iCollege Ltd. stock, see the AU:NXD Stock Forecast page.