Latest Education News

IDP Education’s FY26 results reveal a sharp 75% plunge in net profit as student volumes shrink, but the company pushes ahead with a $32 million cost-cutting transformation and AI investments.

NextEd Group navigated a tough international education market in FY26, boosting underlying EBITDA by 7% to $15.3 million even as revenue fell 6.7%. A $13 million goodwill impairment weighed on net losses, but ongoing cost discipline and vocational course growth underpin a resilient platform.

Kip McGrath Education Centres Limited reported steady FY26 results with $30.1 million revenue and a 25% EBITDA margin despite a slight revenue dip. The company is navigating network consolidation and operational resets while facing a $0.73 per share takeover offer from Crimson.

Kip McGrath Education Centres narrowed its revenue by 4.3% to $30.1 million in FY26 while lifting profit after tax by 2.1%, driven by strategic franchise consolidation and operational efficiencies. The company also faced an unsolicited takeover bid post-reporting period.

Embark Early Education has secured a $4 million placement from a US institutional investor to fuel potential asset acquisitions, issuing 10 million new shares at $0.40 each under its 10% placement capacity.

EDU Holdings has delivered record first-half 2026 results, driven by a 57% jump in Higher Education enrolments at Ikon, lifting revenue by 48% and profit before tax by 57%.

TALi Digital has partnered with You Can Do It! Education to roll out a 14-month Resilient Educator Partnership targeting teacher burnout in Victorian schools, with potential revenue exceeding $0.5 million by 2027.

AdNeo’s subsidiary Catapult Education has been appointed to a multi-year contract with TAFE South Australia to supply vocational education content, supporting newly funded National Centres of Excellence in Early Childhood Education and National Security.

Mayfield Childcare has pulled its FY26 earnings guidance amid rising costs and regulatory shifts, while cautiously advancing its Mayfield 360 allied health initiative.

AdNeo's Aspire by Catapult has won a $187,546 contract to develop human rights eLearning courses for Queensland's public sector, marking a second engagement with the Queensland Human Rights Commission. The company's tender pipeline now exceeds $6 million, signalling ongoing growth opportunities.

Nido Education Limited has secured a 12-month extension on its NAB loan facility, increasing available funding by $10 million and raising its bank guarantee capacity to $17.5 million, underpinning its growth in early childhood education.

Kip McGrath Education Centres has revised down its FY26 guidance following weaker-than-expected second-half revenue and earnings, driven by falling lesson numbers and a strong Australian dollar.