Nexted Group Ltd FY26 Results
Key points
- FY26 Underlying EBITDA grew 7.0% to $15.3 million
- Net loss after tax reduced by 17.5% to $12.0 million
- Gross margin improved to 55.4% from 53.6%
- Vocational courses now 59% of International segment revenue
- Operating cost base reduced by $8.5 million over two years
Full summary
Nexted Group Ltd announced its full-year results for the year ended 30 June 2026, demonstrating resilience amidst challenging international education sector conditions. Underlying EBITDA grew by 7.0% to $15.3 million on revenue of $88.9 million, with a net loss after tax of $12.0 million, reflecting a 17.5% improvement over FY25. The company's gross margin improved to 55.4%, and operating costs were reduced by $8.5 million over two years. Vocational courses now comprise 59% of the International segment revenue, and the Group's VET market share increased to 2.5%. Despite market challenges, Nexted Group remains well-positioned with a strong, debt-free balance sheet.
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