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Kip McGrath Boosts Profit 185% Despite Falling Lesson Numbers
9:02pm on Wednesday 25th of February, 2026 AEDT
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Kip McGrath Boosts Profit 185% Despite Falling Lesson Numbers
9:02pm on Wednesday 25th of February, 2026 AEDT
Key Points
Revenue from continuing operations up 1.6% to $15.2 million
Profit after tax from continuing operations increased 15.4% to $1.53 million
Lesson numbers declined 5%, offset by higher average lesson price and franchise fees
Share buyback completed, acquiring 2.6% of shares
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KIP MCGRATH EDUCATION CENTRES (ASX:KME)
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