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AdNeo’s $5.8m Learnt Acquisition Poised to Double Revenue in Booming VET Sector
2:45am on Monday 2nd of June, 2025 AEST
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Education
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AdNeo’s $5.8m Learnt Acquisition Poised to Double Revenue in Booming VET Sector
2:45am on Monday 2nd of June, 2025 AEST
Key Points
Acquisition valued at $5.775 million via 100% scrip deal
Entry into $23 billion Australian vocational education sector growing at 13% CAGR
Forecast combined revenue of over $11 million in FY25 and EBITDA exceeding $2 million in FY26
Identified $2 million in cost synergies and elimination of $3 million debt
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