Strong growth in new student enrolments for Ikon Institute

EDU Holdings Limited (ASX: $EDU) has reported a significant increase in new student enrolments for Trimester 2, 2024 at Ikon Institute, its higher education business. Ikon recorded 533 new student enrolments, marking a substantial 244% rise from the previous corresponding period (PCP). Total student enrolments for the trimester reached 1,709, reflecting a notable 102% increase from the PCP and a remarkable 188% surge from the same period two years ago.

Executive Commentary on New Student Enrolments

We are delighted to announce the exceptional growth in new student enrolments for Trimester 2, 2024 at Ikon Institute. The substantial increase of 244% in new student enrolments from the previous corresponding period demonstrates the strong demand for our higher education offerings. This achievement reflects our commitment to providing quality education and meeting the needs of students. We look forward to continuing this positive trajectory and providing further updates on enrolment numbers for the remaining study periods in 2024 for both Ikon and Australian Learning Group (ALG), our vocational education business.

Summary of Strong Enrolment Growth and Future Outlook

EDU Holdings Limited (ASX: $EDU) has reported a remarkable 244% increase in new student enrolments for Trimester 2, 2024 at Ikon Institute, showcasing strong demand for its higher education programs. The total student enrolments for the trimester also saw significant growth, up by 102% from the previous corresponding period and 188% from the same period two years ago. The company intends to provide further enrolment updates for Ikon and Australian Learning Group (ALG) on specified dates. This robust growth in student enrolments reflects positively on the company's performance and indicates a promising outlook for its education businesses.