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 revenue decline. Market share gains in key segments, successful integration of International House, and sector tailwinds position the business for recovery and disciplined growth.
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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.