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Kip McGrath Returns to Profit with $2.5m Amid Franchise Renewal

9:56am on Friday 28th of August, 2026 AEST Education
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Kip McGrath Returns to Profit with $2.5m Amid Franchise Renewal

9:56am on Friday 28th of August, 2026 AEST
Key Points
  • FY26 profit after tax of $2.525 million
  • Revenue declined 4.3% to $30.1 million amid franchise centre closures
  • Share buy-back completed, reducing shares by 7.76%
  • New executive team including CEO Melinda Smith appointed
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