Half Yearly Report and Accounts
| Stock | G8 Education Ltd (GEM.ASX) |
|---|---|
| Release Time | 26 Aug 2025, 8:17 a.m. |
| Price Sensitive | Yes |
G8 Education Reports H1 2025 Results
- Net profit after tax up 12.4% to $22.5 million
- Total revenue down 3.7% due to lower occupancy and divestments
- Effective cost management and divestments assisted earnings growth
G8 Education Limited reported a net profit after tax of $22.5 million for the half-year ended 30 June 2025, representing a 12.4% increase compared to the prior comparative period. Total revenue was 3.7% lower than the prior comparative period as a result of lower occupancy and divestments. Effective cost management, in particular in network support office costs, a further reduction in agency usage, procurement savings and divestments assisted the Group to deliver earnings growth in a tough market. Occupancy for the period was 64.5%, a decline of 3.7% compared to the prior comparative period. In response, the Group has launched a range of strategic initiatives to strengthen performance and drive occupancy growth, including tailored support to underperforming centres with a focus on enhancing service quality and occupancy outcomes. The Group maintained a conservative balance sheet, supported by strong liquidity and low leverage. A disciplined approach to capital management continued, balancing strategic investments with a share buy back and consistent dividend payments to enhance long-term shareholder value.
The Group reported a net profit after tax of $22.5 million for the half-year ended 30 June 2025, representing a 12.4% increase compared to the prior comparative period.