Australia · Delayed Price · Currency is AUD Nido Education Earnings Call Transcripts
Fiscal Year 2026
-
The AGM covered board introductions, review of financial statements, and voting on key resolutions including director elections and incentive plans. All resolutions passed smoothly with no questions raised, and voting results will be released to the ASX.
Fiscal Year 2025
-
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.
-
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.
-
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
-
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.
-
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.