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Kip McGrath Reports Profit Rise Amid Franchise Network Streamlining
10:45am on Monday 10th of August, 2026 AEST
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Kip McGrath Reports Profit Rise Amid Franchise Network Streamlining
10:45am on Monday 10th of August, 2026 AEST
Key Points
Revenue from continuing operations declined 4.3% to $30.1 million
Profit after tax from continuing operations increased 2.1% to $2.3 million
Franchise network shrank by 20 centres to 433 to focus on higher-value locations
On-market share buy-back completed, reducing shares by 7.76%
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Kip McGrath Education Centres (ASX:KME)
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