Key points
- Revenue up 50% to $54.3m
- EPS up 73% to 7.21 cents
- NPAT up 49% to $9.3m
- Domestic new student enrolments up 98%
- 3.0 cps interim fully-franked dividend
Full summary
EDU Holdings Ltd announced strong first-half 2026 (1H26) results, with revenue up 50% to $54.3 million, driven by a significant increase in higher education (HE) enrolments. Earnings per share (EPS) rose 73% to 7.21 cents, and net profit after tax (NPAT) increased 49% to $9.3 million. Domestic new student enrolments surged 98%, and the company declared a 3.0 cps interim fully-franked dividend. The company also highlighted a strategic shift towards HE, which now accounts for 83% of total enrolments, and an expansion of its course portfolio. The strong financial performance was supported by a 55% increase in gross profit and a 54% rise in EBITDA. The balance sheet remained robust with $24.0 million in cash and no debt.
Guidance
Revenue, EBITDA, and NPAT are expected to be up on the previous corresponding period.
Outlook
The company expects continued momentum in HE enrolments and ongoing diversification strategies, with a focus on maintaining balance sheet flexibility and returning surplus capital to shareholders.