2025 Half Year Accounts and Report

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Stock Embark Early Education Ltd (EVO.ASX)
Release Time 25 Aug 2025, 8:12 a.m.
Price Sensitive Yes
 2025 Half Year Accounts and Report
Key Points
  • Profit after tax from continuing operations up 62.23% to $4.036m
  • Revenue from continuing operations up 43.50% to $49.410m
  • Acquisition of 1 additional childcare centre in Queensland
Full Summary

Embark Early Education Limited (ASX:EVO) reported a profit after tax from continuing operations of $4.036m for the half-year ended 30 June 2025, compared to $2.488m in the prior comparative period. This 62.23% increase was driven by revenue growth of 43.50% to $49.410m, which included the impact of acquiring an additional 10 childcare centres compared to June 2024. The company maintained tight control of support office costs and prudent use of centre-based labour within government mandated guidelines. During the half-year, Embark successfully acquired one childcare centre located in Queensland, providing an additional 99 places per day to the group. There were no other material changes to the continuing operations of the business during the period, and no significant events occurred after the balance sheet date that would greatly affect the operations.

Guidance

Embark reported a 43.50% increase in revenue from continuing operations to $49.410m for the half-year ended 30 June 2025.