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Nido Education Limited (ASX:NDO)

ALERT: Price-sensitive ASX Announcement for NDO
Current share price for NDO : $0.250 -0.09 (-26.47%)+
Announcement
Release
26 Aug 2026 5:38PM
Price at Release
$0.340
Full Release
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Summary
Nido Education Limited (ASX: NDO) announced its 2026 half-year financial and operational results, showing a 4% increase in group revenue to $85.8 million, driven by demand for quality early learning and strategic acquisitions. Despite a challenging operating environment, the company reported an adjusted EBITDA (AEBITDA) of $4.3 million and an adjusted net profit after tax (ANPAT) of $2.1 million. The company continues to expand, having opened four new services and acquired four more, while delivering 434,000 days of learning. Nido focuses on improving occupancy rates, productivity, and maintaining high-quality education and care standards. The company also extended its NAB banking facility to February 2028, increasing its facility limit to support growth and acquisitions, though it has withdrawn a previously stated AEBITDA growth target for FY26 due to unfavourable conditions affecting its assumptions.
Key Points
  • Group revenue increased to $85.8 million, a 4% rise from the previous year.
  • Adjusted EBITDA (AEBITDA) was $4.3 million.
  • Adjusted net profit after tax (ANPAT) was $2.1 million.
  • Nido delivered 434,000 days of learning in the half year.
  • Four new services were opened, and four existing services were acquired.
  • Nido extended its NAB banking facility and increased the facility limit to $65 million.
  • The company has withdrawn its FY26 AEBITDA growth target due to current market conditions.
  • Nido's occupancy, growth strategies, and cost management remain focused on ensuring long-term sustainable growth.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.