• Grew revenue by 4% to $173.0m and achieved $17.0m in AEBITDA
• Paid a fully franked final dividend of 2.2 cents per share, representing a 5.5% yield
• Invested to strengthen the business, including in safeguarding, quality, people, and facilities

Nido Education Limited (ASX: NDO) has delivered a strong financial and operational performance for the year ended 31 December 2025. The company grew revenue by 4% to $173.0m and achieved $17.0m in Adjusted EBITDA (AEBITDA), in line with guidance. Nido's service-based performance remained resilient, generating $30.2m AEBITDA at an average of $534k AEBITDA per service. The company delivered 938k days of learning with an average daily fee of $174. Nido's Board has determined a fully franked final dividend of 2.2 cents per share, which represents a 5.5% yield on the current share price. This takes the full year dividend to 3.7 cents per share. The Board's decision is supported by Nido's strong balance sheet and cash flow outlook. Throughout the year, the company made deliberate and decisive investments to strengthen the business, including in safeguarding, quality and compliance capabilities, the evolution of its offering for children and families, investment in educators, the Nido brand and family engagement, the design of its services, and leadership and governance. Nido opened 7 services in its incubator and acquired 3 services out of incubation in FY25. The company has continued this growth momentum, opening a further 2 services so far in FY26 and expecting to open another 10 during the rest of the year. Nido's incubator pipeline includes 100 services at various stages of maturity, and the company is currently working through an acquisition of 4 services from incubation to settle in the first half of FY26. Looking ahead, Nido's FY26 year has started in line with budget, and the company is targeting in the order of 20% EBITDA growth for the year.

In FY26, Nido is targeting in the order of 20% EBITDA growth on the FY25 result.

The FY26 year has started in line with budget, with January's EBITDA result an improvement on FY25. Nido is seeing acceptable lead indicators, including higher enquiries, enrolment offers, and improved conversion rates compared to last year. The company is focused on delivering a greater impact for the community through more days of learning, which is targeted to deliver growth in its AEBITDA in the order of 20% on the FY25 result.