Australia · Delayed Price · Currency is AUD NextEd Group Earnings Call Transcripts
Fiscal Year 2026
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Underlying EBITDA rose 16.7% and NPAT loss narrowed by 92% year-over-year, driven by cost discipline, AI-driven efficiencies, and a shift to higher-margin segments. Cash flow and liquidity improved, with growth focused on international, vocational, and B2B AI opportunities.
Fiscal Year 2025
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FY25 saw stabilization with improved cash, no debt, and permanent cost reductions despite a 13.9% revenue decline. Market share gains in VET and ELICOS, successful integration of International House, and a disciplined growth strategy position the business for recovery.
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Revenue and profitability declined 21% year-on-year due to regulatory changes, but aggressive cost management and a shift to higher-margin vocational courses stabilized cash flow and improved gross margin. Integration of International House exceeded targets, and $7 million in annualized savings is secured for FY26.
Fiscal Year 2024
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Revenue grew 9% to AUD 111 million, with strong gains in international vocational and Go Study segments, despite a statutory loss from a non-cash impairment. Cost reductions and campus optimization are underway, and the group is well-positioned to benefit from regulatory changes and regional policy support.