Latest Kip McGrath Education Centres (ASX:KME) News

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Kip McGrath Boosts Profits as Franchise Growth Drives FY25 Success

Kip McGrath Education Centres Ltd reported solid FY25 financial results with revenue and profit growth driven by franchise expansion and premium tutoring offerings. The company anticipates continued revenue growth and improved profitability in FY26 despite flat lesson volumes.
Victor Sage
26/08/2025

Kip McGrath Boosts Core Earnings, Exits USA, Launches 10% Buy-Back

Kip McGrath Education Centres reported solid FY25 growth in revenue and EBITDA from continuing operations, marked by a strategic exit from the USA and a new share buy-back program.
Victor Sage
26/08/2025

Kip McGrath Launches 10% On-Market Share Buy-Back to Boost Earnings

Kip McGrath Education Centres announces a one-year on-market share buy-back of up to 10% of its shares, aiming to enhance shareholder value amid strong cash reserves and profitability forecasts.
Victor Sage
26/08/2025

Kip McGrath Navigates US Exit Amid FY25 Revenue Growth and Rising EBITDA

Kip McGrath Education Centres Limited reported modest revenue growth and a solid increase in EBITDA for FY25, despite a significant net loss driven by its exit from the US market. The company declared a fully franked final dividend, signaling confidence in its refocused core business.
Victor Sage
26/08/2025

Kip McGrath Pulls Back From USA, Posts Stronger Underlying EBITDA Despite Challenges

Kip McGrath Education Centres announces exit from its unprofitable USA operations while reporting improved underlying EBITDA for FY25, alongside CEO transition costs and property lease provisions.
Victor Sage
24/06/2025

Kip McGrath Taps Melinda Smith to Drive Next Growth Phase

Kip McGrath Education Centres has appointed Melinda Smith as CEO and Managing Director, signaling a new leadership era ahead of its 50th anniversary. Smith’s extensive experience in education and government sectors positions her to lead the company’s growth ambitions from the second half of 2025.
Victor Sage
16/06/2025

Kip McGrath CEO Storm McGrath Steps Down After 19 Years

Kip McGrath Education Centres announces the departure of long-serving CEO Storm McGrath, with Chair Damian Banks stepping in as Executive Chair during the leadership transition.
Victor Sage
05/05/2025