EDU.ASX: Trading Update - First-Half 2026 (1H26)

Trading Update - First-Half 2026 (1H26)

Stock	EDU Holdings Ltd (EDU.ASX)
Release Time	27 Jul 2026, 8:33 a.m.
Price Sensitive	Yes

This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA. The summaries are generated by large language models so please interpret with care.

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.