EDU Holdings Ltd First-Half 2026 Trading Update
Key points
- Record first-half results at guidance midpoint
- Higher Education enrolments up 57%
- Encouraging uptake of new recruitment model
- Net cash of $24.0m at 30 June 2026
Full summary
EDU Holdings Ltd, a leading Australian tertiary education group, announced its trading update for the six months ended 30 June 2026. The company reported record first-half results with revenue of $53.5m, up 48% year-on-year, EBITDA of $16.5m, up 51%, and Profit Before Tax of $13.0m, up 57%. Higher Education enrolments grew by 57% driven by new undergraduate and postgraduate courses. The Group's recently implemented onshore recruitment model following National Code reforms showed encouraging early uptake. Net cash stood at $24.0m at 30 June 2026, despite $15.2m in dividends and share buybacks.
Guidance
Revenue: $53.5m, EBITDA: $16.5m, PBT: $13.0m (1H26)
Outlook
EDU Holdings Ltd expects continued enrolment momentum and strong balance sheet, well-positioned to invest in recruitment channels and expand course offerings.
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