Australia · Delayed Price · Currency is AUD Nido Education Earnings Call Transcripts
Fiscal Year 2025
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Revenue rose 4% to AUD 173 million with adjusted EBITDA of AUD 17 million and NPAT of AUD 11 million. Dividend increased to AUD 0.037 per share, and FY 2026 targets 20% EBITDA growth. Investments in quality, educator retention, and a robust pipeline support continued expansion.
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Revenue and EBITDA grew 8% year-over-year despite sector headwinds, with strong cash conversion and disciplined investment in growth and compliance. Five new services opened, and a robust pipeline supports future expansion, while regulatory changes and occupancy remain key challenges.
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The AGM covered board introductions, financial performance for 2024, and key governance matters. Shareholders voted on the Remuneration Report and re-election of a director, with results to be announced to the ASX. No questions were raised during the meeting.
Fiscal Year 2024
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FY24 revenue was AUD 167 million with strong EBITDA and cash conversion. Occupancy and fee discipline supported profitability, while a share buyback and robust acquisition pipeline position the company for growth amid favorable policy tailwinds.
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First half EBITDA reached AUD 7.5 million with strong revenue growth and improved margins. Full year EBITDA is forecast at AUD 23.2 million, with a dividend of AUD 0.058 per share expected. Delays in center openings shift AUD 3.5 million in fees to 2025.