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EDU Holdings Limited Reports Strong Financial Turnaround in 2024

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EDU Holdings Limited Reports Strong Financial Turnaround in 2024

EDU Holdings Limited ( (AU:EDU) ) has issued an announcement.

EDU Holdings Limited reported a significant financial turnaround for the year ended 31 December 2024, with a 96% increase in revenue and other income from continuing operations compared to the previous year. The company achieved a net profit of $2.599 million, a substantial improvement from a net loss of $2.985 million in 2023, driven by a 1,344% increase in EBITDA and a notable gain on lease modification. No dividends were paid or proposed, and no control over entities was gained or lost during the period.

More about EDU Holdings Limited

YTD Price Performance: 47.37%

Average Trading Volume: 41,093

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$21.08M

Find detailed analytics on EDU stock on TipRanks’ Stock Analysis page.

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