Latest Education News

Memphasys has cleared a key regulatory hurdle in Vietnam for its Felix™ System, prompting a significant first commercial cartridge order and marking early clinical success in a fast-growing fertility market.

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.

WAM Leaders Limited (ASX:WLE) delivered a stellar FY2026 with net profit after tax soaring 153.5% to AUD 161.8 million, driven by a 14% investment portfolio gain that outpaced the ASX 200 by 7.9%. The company declared a fully franked full year dividend of 9.6 cents per share, maintaining a strong yield amid ongoing capital raising.

OncoSil Medical has won FDA Humanitarian Device Exemption approval for its OncoSil™ device to treat distal cholangiocarcinoma, opening a US market estimated at A$80 million annually.

Audinate Group Limited reported a 15% revenue increase driven by its expanding Dante ecosystem and Iris acquisition, but underlying EBITDA losses widened amid restructuring and investment costs.

Mayfield Childcare's Mayfield 360 division has achieved registration as an NDIS provider, enabling it to expand early intervention support services and transition from pilot to billable operations.

AdNeo Limited secures $1.5 million through a share placement and debt conversion to back operational efficiency, AI platform investment, and potential acquisitions.

SEEK Limited delivered solid operational growth with record dividends in FY2026, yet posted a hefty net loss driven by a $284m impairment on its Chinese associate Zhaopin and a $201m loss from its Growth Fund.

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.

Philips has officially declared compatibility for Imricor’s interventional MR devices with its magnetic resonance systems, enabling commercial clinical use and collaboration at a leading cardiology congress.