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Mayfield Childcare Posts $21.9M Loss Amid Occupancy and Integration Challenges
4:43am on Saturday 30th of August, 2025 AEST
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Mayfield Childcare Posts $21.9M Loss Amid Occupancy and Integration Challenges
4:43am on Saturday 30th of August, 2025 AEST
Key Points
Revenue up 14.9% to $43.9M driven by acquisition of seven Precious Cargo centres
Underlying EBITDA declined to -$0.1M due to slower enrolment growth and occupancy issues
Statutory net loss of $21.9M includes $19.4M goodwill impairment
Group occupancy at 53%, Precious Cargo centres underperforming at 44%
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Mayfield Childcare (ASX:MFD)
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