Key points
- Revenue up 50% to $54.3m
- EBITDA up 54% to $16.8m with margin at 31%
- Net profit after tax up 49% to $9.3m
- Higher education enrolments up 57%
- Diversifying student base with domestic growth
Full summary
EDU Holdings Ltd, a leading Australian tertiary education group, reported its results for the six months ended 30 June 2026 (1H26). The company saw a 50% increase in revenue to $54.3 million, driven by a 57% rise in higher education enrolments. EBITDA rose 54% to $16.8 million, with the margin improving to 31%. Profit before tax increased 61% to $13.3 million, while net profit after tax rose 49% to $9.3 million. The company's diversification efforts are progressing well, with domestic new student enrolments up 98% and postgraduate new student enrolments up 174%. The company also returned $15.2 million to shareholders through buybacks and dividends.
Guidance
Expect higher revenue, EBITDA, and net profit after tax in FY26
Outlook
The Board expects the Group to record higher revenue, EBITDA and net profit after tax in FY26 compared to the previous corresponding period.