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iCollege Ltd.
(Sydney:NXD)
iCollege Ltd. (NXD) vs. iShares MSCI Australia ETF (EWA)
iCollege Ltd. Business Overview & Revenue Model
iCollege Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 95.87M | 95.87M | 111.37M | 102.22M | 46.82M | 16.29M |
| Gross Profit | 51.08M | 51.08M | 57.28M | 20.31M | 28.73M | 3.61M |
| EBITDA | 6.26M | 4.31M | -13.12M | 17.51M | 343.00K | 2.02M |
| Net Income | -14.57M | -14.57M | -31.23M | 3.61M | -8.70M | 308.10K |
Balance Sheet | ||||||
| Total Assets | 117.84M | 117.84M | 134.28M | 172.07M | 134.69M | 12.56M |
| Cash, Cash Equivalents and Short-Term Investments | 18.89M | 18.89M | 19.34M | 30.26M | 27.16M | 4.55M |
| Total Debt | 40.57M | 40.57M | 47.87M | 43.84M | 21.39M | 4.71M |
| Total Liabilities | 97.66M | 97.66M | 99.66M | 106.63M | 73.12M | 10.57M |
| Stockholders Equity | 20.18M | 20.18M | 34.62M | 65.44M | 61.57M | 1.99M |
Cash Flow | ||||||
| Free Cash Flow | 11.17M | 11.11M | -9.70M | 19.03M | 8.27M | -404.64K |
| Operating Cash Flow | 11.25M | 11.25M | 1.71M | 25.18M | 11.20M | -24.15K |
| Investing Cash Flow | -1.03M | -1.03M | -11.41M | -6.15M | 18.42M | -741.65K |
| Financing Cash Flow | -10.67M | -10.67M | -1.22M | -15.93M | -7.00M | 4.47M |
iCollege Ltd. Technical Analysis
iCollege Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | AU$120.18M | 14.90 | 60.13% | 1.17% | 120.57% | ― | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
53 Neutral | AU$163.74M | 750.00 | 0.15% | ― | -1.08% | ― | |
48 Neutral | AU$64.51M | -4.56 | -53.18% | ― | -13.91% | 53.37% | |
48 Neutral | AU$14.59M | -11.46 | -7.51% | ― | 1.42% | 86.97% | |
48 Neutral | AU$32.89M | -6.42 | 10.80% | 1.67% | -2.81% | -503.02% | |
41 Neutral | AU$27.52M | -4.04 | -126.76% | ― | -14.55% | 70.98% |
iCollege Ltd. Corporate Events
NextEd Group Limited held its Annual General Meeting on November 21, 2025, where all resolutions were passed by poll. The meeting included the adoption of the remuneration report and the election and re-election of directors, with strong support from shareholders. This outcome reflects positively on the company’s governance and may strengthen its position in the education sector.
NextEd Group’s 2025 Annual General Meeting highlighted the company’s strategic reset and growth plans. Despite a challenging fiscal year with a net loss due to non-cash impairments, NextEd improved its cash flow and strengthened its financial position. The company is poised for disciplined growth, focusing on expanding its course portfolio in high-demand areas and leveraging its collaboration with OpenAI to lead in AI-enabled education. The sector’s improving conditions and NextEd’s strong operational foundations position it well for future success, although challenges like high visa fees for short-term students remain.
NextEd Group Limited has announced a collaboration with OpenAI to deploy ChatGPT Edu, marking the first vocational education deployment of ChatGPT Edu in Australia. This partnership positions NextEd as a leader in integrating generative AI into education, enhancing teaching and learning experiences while expanding the company’s AI capabilities. The initiative is expected to drive growth, improve efficiency, and accelerate AI literacy among staff and students, aligning with NextEd’s strategy to build a future-focused business and create long-term value for investors.
NEXTED Group Limited has announced the issuance of 6,617,661 performance rights under an employee incentive scheme. These unquoted securities are not intended to be listed on the ASX, reflecting the company’s strategy to incentivize its workforce and potentially enhance employee engagement and retention.
NextEd Group Limited has announced changes to its CEO Mark Kehoe’s long-term incentive arrangements, aligning them with a new incentive plan for key management personnel and the executive team. The revised plan aims to link leadership performance with company strategy and shareholder expectations, enhancing sustainable value creation. The changes include an increase in the maximum long-term incentive opportunity from 50% to 75% of Kehoe’s base salary, contingent on achieving significant performance targets related to EBITDA and total shareholder return.
AXP Energy Limited has commenced production testing on its Charlie #1 well in Noble County, Oklahoma, following a successful hydraulic fracturing program. The testing aims to evaluate the well’s production potential and gather data to inform future drilling strategies. This marks a significant step for AXP as it seeks to expand its oil and gas operations and implement its gas-to-power and data-center strategy in collaboration with partners Blackhart Technologies and BitFufu. The company holds a 100% working interest in the well and is conducting operations safely and efficiently, with no reported incidents.
AXP Energy Limited has reported its quarterly activities, highlighting the drilling of its first vertical well in Oklahoma following the acquisition of 1,400 acres. The company raised A$2.7 million through a two-tranche placement to fund exploration and development. Despite a decline in production due to extreme weather and equipment shutdowns, AXP Energy is focusing on scaling operations in Oklahoma, influenced by delays in approvals in Colorado. The company plans to drill additional wells in the coming months, with the next site already selected and permitting underway.
AXP Energy Limited has announced a change in the director’s interest, specifically involving James Dack, who has acquired 500,000 ordinary fully paid shares through his indirect interests. This acquisition was part of a payment for director’s fees, as approved by shareholders earlier in the year. The change in shareholding reflects the company’s ongoing governance and compensation practices, which may influence stakeholder perceptions of director alignment with shareholder interests.
AXP Energy Limited has issued 500,000 fully paid ordinary shares at a price of $0.0375 per share, following shareholder approval at a General Meeting. This move is part of the company’s strategic initiatives to enhance its capital structure, as reflected in the updated Appendix 2A. The issuance was conducted without disclosure under Part 6D.2 of the Corporations Act, and the company has complied with relevant statutory provisions, ensuring transparency and regulatory adherence.
AXP Energy Limited announced the issuance of 500,000 ordinary fully paid shares to a director as part of his remuneration package, which was approved by shareholders in a general meeting. This move reflects the company’s strategy to align management incentives with shareholder interests and could impact its financial structuring and market perception.
AXP Energy Limited has announced its Annual General Meeting, scheduled for November 28, 2025, in Sydney. Shareholders are encouraged to participate as the meeting will address matters affecting their shareholding. Eligibility to vote is determined by registration as a shareholder by November 26, 2025.
AXP Energy Limited announced the issuance of 41,153,193 fully paid ordinary shares and 36,000,028 options, raising a total of $1,028,830. These financial moves, approved by shareholders, are part of AXP’s strategy to enhance its capital structure, reflecting its compliance with relevant provisions of the Corporations Act. This development could potentially strengthen AXP’s financial position, enabling further investment in its core operations and strategic initiatives.
AXP Energy Limited has announced the quotation of 41,153,193 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a transaction previously announced to the market, potentially impacting the company’s market presence and providing stakeholders with more liquidity options.
AXP Energy Limited announced the successful hydraulic fracturing of the Charlie #1 well in Noble County, Oklahoma, marking a significant milestone for the company. The operation, which involved the use of slickwater and sand, was completed without any operational issues, and early data indicates a strong stimulation response. This achievement supports AXP Energy’s strategy to enhance its Oklahoma assets and expand its gas-to-power operations, potentially benefiting stakeholders by increasing production capabilities and aligning with joint venture partners.
NextEd Group Limited has announced its 2025 Annual General Meeting (AGM) for shareholders, scheduled to be held as a physical meeting on November 21, 2025, in Sydney. The AGM will provide shareholders with the opportunity to attend in person or access a live audio stream, ensuring broad participation. This meeting is significant for stakeholders as it will address matters affecting shareholding and provide insights into the company’s future direction.
AXP Energy Limited has successfully completed the second tranche of its placement, raising A$947,409.93 to further its development program in Oklahoma. The funds will be used for the completion and testing of the Charlie #1 well and preparatory work for the Charlie #2 well. The completion of Charlie #1 involves hydraulic fracturing, with production expected to commence by the end of October. The company is also progressing with permitting and site preparation for the Charlie #2 well. This development marks a significant step in AXP’s expansion in a known oil and gas field, which is expected to enhance their traditional oil and gas business and support their gas-to-power operations in partnership with crypt-mining companies.
AXP Energy Limited has announced a change in the director’s interest notice, specifically concerning Samuel McCann Jarvis. The change involves a significant reduction in the number of shares held by the director, both directly and indirectly, due to a share consolidation approved by shareholders. This adjustment reflects a strategic move by the company to streamline its share structure, potentially impacting its market positioning and shareholder value.
NextEd Group Limited, trading on the ASX under the code NXD, has issued 343,609 ordinary shares to a related party nominee of its CEO, Mark Kehoe, as part of his short-term incentive remuneration for the fiscal year 2025. This issuance, which forms half of Mr. Kehoe’s total STI award of $164,548, is subject to a 12-month restriction on disposal. The shares were issued at a price of $0.239 each, based on the 10-day VWAP following the release of the 2025 Annual Report. The company has complied with the necessary provisions of the Corporations Act and has issued the shares without disclosure to investors under Part 6D.2 of the Act.
NEXTED GROUP LIMITED has announced the issuance of shares to its Chief Executive Officer, Mark Kehoe, as part of his short-term incentive remuneration for the fiscal year 2025. The shares, totaling 343,609, are subject to a 12-month restriction on disposal and are part of an incentive plan that includes a mix of cash and shares, reflecting the company’s commitment to aligning executive compensation with performance.
NextEd Group Limited has announced that its Annual General Meeting (AGM) will be held on November 21, 2025, with the deadline for director nominations set for October 2, 2025. This meeting is significant for stakeholders as it provides an opportunity for shareholder engagement and potential changes in the company’s leadership, which could impact its strategic direction and market positioning.
NextEd Group Limited announced a change in the director’s interest notice, specifically regarding Sandra Hook, a director and shareholder of iTravel Tree Media Pty Ltd. Ms. Hook acquired 238,100 ordinary shares in an on-market trade, increasing her total holdings to 394,869 shares. This transaction reflects a significant increase in her stake, potentially influencing her influence and decision-making power within the company.
NextEd Group Limited announced that its CEO, Mark Kehoe, has acquired an indirect interest in 501,000 shares of the company through on-market purchases, totaling approximately $97,000. Although not required to disclose this transaction under ASX Listing Rules, the company chose to do so to maintain transparency and uphold good corporate governance practices.