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iCollege Ltd. (AU:NXD)
ASX:NXD
Australian Market
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iCollege Ltd. (NXD) AI Stock Analysis

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AU:NXD

iCollege Ltd.

(Sydney:NXD)

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Neutral 42 (OpenAI - 5.2)
Rating:42Neutral
Price Target:
AU$0.08
▼(-58.00% Downside)
Action:Reiterated
Date:06/25/26
The score is primarily constrained by weak financial performance—ongoing losses and a more leveraged balance sheet—despite improved recent cash flow. Technicals also weigh on the score with a clear downtrend (price below all major DMAs and negative MACD), while valuation is only modestly supportive because the negative P/E reflects unprofitable earnings and there is no dividend yield data.
Positive Factors
Cash flow recovery
The company generated materially stronger operating and free cash flow in 2025 after weakness in 2024. Durable positive cash generation improves liquidity and funds operations or strategic initiatives while profitability is being restored, reducing short-term refinancing pressure and increasing operational optionality.
Negative Factors
Persistent net losses
Consecutive bottom-line losses and a negative operating result indicate core profitability issues. Persistent losses erode equity, limit reinvestment capacity, and force dependence on external funding, which can compress strategic options and raise the cost of capital over a multi-quarter horizon.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash flow recovery
The company generated materially stronger operating and free cash flow in 2025 after weakness in 2024. Durable positive cash generation improves liquidity and funds operations or strategic initiatives while profitability is being restored, reducing short-term refinancing pressure and increasing operational optionality.
Read all positive factors

iCollege Ltd. (NXD) vs. iShares MSCI Australia ETF (EWA)

iCollege Ltd. Business Overview & Revenue Model

Company Description
NextEd Group Limited provides educational services in Australia, Europe, and South America. It operates through four segments: Technology & Design, International, Go Study, and Domestic Vocational. The International segment provides english langua...
How the Company Makes Money
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iCollege Ltd. Financial Statement Overview

Summary
Overall fundamentals are weak: income statement and balance sheet scores are low (34 and 30) due to ongoing net losses, slowing/reversing revenue trend in the latest year, and materially higher leverage as equity has contracted. Cash flow is the main offset (score 63) with a sharp improvement in operating and free cash flow in 2025, but durability is a key watch item given continued losses.
Income Statement
34
Negative
Balance Sheet
30
Negative
Cash Flow
63
Positive
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue94.56M95.87M111.37M102.22M46.82M16.29M
Gross Profit32.86M51.08M57.28M20.31M28.73M3.61M
EBITDA7.59M4.31M-13.12M17.51M343.00K2.02M
Net Income-6.93M-14.57M-31.23M3.61M-8.70M308.10K
Balance Sheet
Total Assets105.77M117.84M134.28M172.07M134.69M12.56M
Cash, Cash Equivalents and Short-Term Investments15.96M18.89M19.34M30.26M27.16M4.55M
Total Debt63.88M40.57M47.87M43.84M21.39M4.71M
Total Liabilities85.76M97.66M99.66M106.63M73.12M10.57M
Stockholders Equity20.01M20.18M34.62M65.44M61.57M1.99M
Cash Flow
Free Cash Flow13.11M11.11M-9.70M19.03M8.27M-404.64K
Operating Cash Flow13.31M11.25M1.71M25.18M11.20M-24.15K
Investing Cash Flow-391.00K-1.03M-11.41M-6.15M18.42M-741.65K
Financing Cash Flow-10.70M-10.67M-1.22M-15.93M-7.00M4.47M

iCollege Ltd. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.20
Price Trends
50DMA
0.11
Negative
100DMA
0.14
Negative
200DMA
0.20
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
40.63
Neutral
STOCH
58.93
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NXD, the sentiment is Neutral. The current price of 0.2 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.11, and below the 200-day MA of 0.20, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 40.63 is Neutral, neither overbought nor oversold. The STOCH value of 58.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:NXD.

iCollege Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
62
Neutral
$20.33B14.63-3.31%3.23%1.93%-12.26%
58
Neutral
AU$81.87M66.670.87%-0.72%
55
Neutral
AU$598.03M80.511.57%2.33%-6.92%-91.90%
48
Neutral
AU$25.72M-7.11-22.15%1.67%-3.90%-307.37%
43
Neutral
AU$7.66M-7.41-6.74%-2.94%66.11%
42
Neutral
AU$19.90M-2.81-34.51%-4.61%82.44%
41
Neutral
AU$4.52M-0.68-111.42%-3.52%55.08%
* Consumer Defensive Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:NXD
iCollege Ltd.
0.09
-0.07
-45.00%
AU:IEL
IDP Education Ltd.
2.22
-1.45
-39.51%
AU:AKG
Academies Australasia Group Limited
0.06
-0.04
-40.00%
AU:CLU
Cluey Ltd
0.01
-0.06
-84.29%
AU:3PL
3P Learning Ltd.
0.30
-0.36
-54.55%
AU:KME
Kip McGrath Education Centres Limited
0.49
-0.07
-11.71%

iCollege Ltd. Corporate Events

NextEd discloses final director interest as Henry Deane exits board
Apr 30, 2026
NextEd Group Limited has announced the cessation of Henry William Walter Deane as a director effective 30 April 2026, in a filing that also details his final relevant interests in the company’s securities. The notice confirms that Deane hold...
NextEd Director William Deane to Retire After 15 Years on Board
Apr 21, 2026
NextEd Group Limited has announced that long-serving non-executive director William Deane will retire from its board on 30 April 2026, ending a 15-year tenure that began with the co-founding of predecessor RedHill Education and its subsequent IPO....
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 25, 2026