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Nexted Group Limited (ASX:NXD)

ALERT: Price-sensitive ASX Announcement for NXD
Current share price for NXD : $0.080 -0.1 (-55.56%)+
Announcement
Release
25 Feb 2026 8:06AM
Price at Release
$0.180
Full Release
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Summary
NextEd Group Limited announced its half-year results for the period ending 31 December 2025, showing significant improvements across financial and operational metrics following an operational reset. Revenue remained stable at $45.7 million, with a slight decrease of 2% year-over-year. The company reported an underlying EBITDA increase of 16.7% to $6.7 million, and a reduction in net loss after tax to $0.7 million from a loss of $8.3 million in the previous year. Operating cash flows improved significantly to $3.0 million, up from $1.0 million in the previous corresponding period. The company is focusing on disciplined growth, enhancing its course offerings, and leveraging AI through a partnership with OpenAI to enhance teaching and learning. They also aim to grow their vocational education and training (VET) segment and improve campus utilization.
Key Points
  • Operational reset completed with improved performance metrics.
  • Revenue stable at $45.7 million, a 2% year-over-year decrease.
  • Underlying EBITDA increased by 16.7% to $6.7 million.
  • Net loss after tax reduced to $0.7 million from $8.3 million.
  • Operating cash flows increased by 200% to $3.0 million.
  • Focus on disciplined growth and strategic use of AI in education.
  • Emphasis on expanding VET enrolments and enhancing course offerings.
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.