Appendix 4E & 2026 Annual Report

• Revenue decreased by 6.7% to $88.883 million
• Loss from ordinary activities after tax improved by 17.5% to $12.023 million
• Underlying EBITDA increased by 7.0% to $15.3 million
• Strong net cash balance of $18.2 million and no debt
• Diversification into higher-margin vocational courses helped offset declining English language tuition revenue

NextEd Group Ltd's FY2026 Annual Report shows a 6.7% decrease in revenue to $88.883 million, with a 17.5% improvement in loss from ordinary activities after tax to $12.023 million. Underlying EBITDA rose by 7.0% to $15.3 million. The company maintained a robust financial position with a strong net cash balance of $18.2 million and no debt. Diversification into higher-margin vocational courses helped offset the decline in English language tuition revenue. The company also made significant cost reductions and continued to invest in compliance and student support.

Underlying EBITDA: $15.3 million for FY2026

NextEd Group Ltd remains focused on cost discipline, teaching, and student experience. The company sees meaningful opportunity as the sector consolidates and remains confident in its ability to grow share and diversify revenue.