Latest Education Services News

Kip McGrath shareholders have approved a total 6.0 cents per share distribution for the six months ended 30 June 2026. The payout includes 5.0 cents in special dividends, with the shares going ex-dividend on 1 October.

IODM Limited (ASX:IOD) increased FY2026 revenue by 16.9% and narrowed its net loss, but auditors flagged material uncertainty over the company’s ability to continue as a going concern. A post-year-end A$1.00 million placement is funding an expansion into North American universities while the business remains heavily reliant on external capital.

Crimson Consulting has extended its A$0.73-a-share offer for Kip McGrath to 14 October and says it now has a path to control the company with just over half the register. The bidder says support and intentions represent 50.89% of shares, although part of that figure remains conditional.

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.

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.

Fatfish Group has revealed improper conduct by a former service provider that delayed its 2024 financial reporting, while outlining ongoing legal actions and a strategy to relist on the ASX within four months.

Embark Early Education has closed its takeover offer for Mayfield Childcare, increasing its shareholding to just under 50%. The move leaves Embark short of majority control but signals strategic intent.

Nido Education Limited reported a 3.8% increase in revenue to $169.9 million for 2025, while earnings and net profit declined. The company declared a fully franked final dividend of 2.2 cents per share, underscoring its commitment to shareholder returns despite challenging market conditions.

Cluey Ltd has formalised its acquisition of Education Futures Group, the parent of Art of Smart, in a deal valued up to $6.5 million combining cash and shares. Completion is expected by January 2026, contingent on conditions and an ongoing entitlement offer.

Nido Education Limited is set to acquire two high-occupancy incubator services for around $7 million, supported by a substantial $30 million extension to its acquisition facility, signaling robust growth ambitions.

Cluey Ltd announces its acquisition of Education Futures Group, owner of Art of Smart, for up to $6.5 million, supported by a $4.5 million fully underwritten entitlement offer. This move broadens Cluey’s tutoring services to include in-person learning across NSW campuses.

EDU Holdings reports a remarkable 82% increase in total student enrolments at its Ikon Institute for Trimester 3, 2025, driven by strong demand and new course offerings amid evolving regulatory conditions.