NextEd Group Ltd.

  • IPO date:
  • Sector: Consumer Defensive
  • GIC Group: Consumer Services
  • Industry: Education & Training Services
  • Company website

Company description

NextEd Group Limited provides educational services in Australia, Europe, and South America. It operates through four segments: Technology & Design, International Vocational, Go Study, and Domestic Vocational. The Technology & Design segment offers face-to-face and online courses in information technology, digital design, interactive multimedia, computer coding, digital marketing, games and apps programming, and interior design. The International Vocational segment provides English language intensive courses, and vocational education and training courses for international students. The Go Study segment operates an international student advisory recruitment agency. The Domestic Vocational segment provides vocational courses that covers commercial cookery, hospitality, business, community services, healthcare, construction, and information technology for domestic students. The company was formerly known as iCollege Limited and changed its name to NextEd Group Limited in December 2022. NextEd Group Limited was incorporated in 2003 and is based in Ultimo, Australia.

Financial highlights

Market Capitalization$215.8424 million
P/E Ratio59.09
P/E Growth Ratio
Book Value0.3
Dividend Per Share0
Earnings Per Share0.02
EBITDA17,674
Profit Margin0.0353
Operating Margin TTM0.0556
Return on Assets TTM0.0232
Return on Equity TTM0.0568
Revenue TTM102,220

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2017-06-30 2,042.63 817.76 1,224.87
2018-06-30 2,749.52 803.63 1,945.89
2019-06-30 8,239.481 2,539.818 5,699.663 9,046.129
2020-06-30 10,806.163 3,828.159 6,978.004 10,040.58
2021-06-30 16,290.197 7,823.908 8,466.289 8,851.46
2022-06-30 46,819 18,085 28,734 33,667
2023-06-30 103,090 45,352 57,738

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2017-06-30 12 382.99 3,150.08 650 11,066.74
2018-06-30 339.21 16,838.27 7,271.4 1,620.25 27,278.64
2019-06-30 134.989 4,444.772 5,490.068 325.605 29,951.452
2020-06-30 844.89 6,274.285 9,924.818 1,675.291 223.96 29,986.452
2021-06-30 4,548.855 12,559.119 10,571.808 1,279.636 224 34,194.159
2022-06-30 27,161 134,690 73,122 5,513 224 102,427
2023-06-30 30,264 172,070 106,632 0 0 102,657

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2017-06-30 -2,429.44 -8.34
2018-06-30 -633.99 327.21
2019-06-30 -1,539.55 -204.225 339.214 134.989
2020-06-30 191.98 709.901 134.989 844.89
2021-06-30 -24.15 3,703.965 844.89 4,548.855
2022-06-30 11,200 22,612 4,549 27,161
2023-06-30 25,180 3,103