2026 Half Year results announcement and Presentation
Nido Education Ltd
Key points
- Group revenue increased by 4% to $85.8 million
- Group AEBITDA was $4.3 million
- Adjusted net profit after tax was $2.1 million
- No dividend declared for the half-year
- FY26 AEBITDA growth target withdrawn
Full summary
Nido Education Ltd announced its half-year financial and operational results for the period ended 30 June 2026. The company reported a disciplined performance in a challenging operating environment, with group revenue increasing by 4% to $85.8 million. Group AEBITDA was $4.3 million, and adjusted net profit after tax (ANPAT) was $2.1 million. Despite a lower occupancy base, enquiries and enrolment offers were up by approximately 17% compared to the prior year. The company continued to invest in its operating platform and maintained quality ratings above sector averages. However, due to unfavorable trading conditions, Nido withdrew its previously communicated FY26 AEBITDA growth target. The company remains focused on disciplined growth, quality, and safety, with a positive outlook for the remainder of the financial year.
Guidance
Group revenue: $85.8 million, AEBITDA: $4.3 million, ANPAT: $2.1 million
Outlook
Nido Education Ltd expects underlying trading and lead indicators to remain strong. The company is confident in its medium-term outlook, supported by disciplined acquisitions, occupancy growth initiatives, and cost optimization programs.