EDU Holdings reports growth in student enrolments

EDU Holdings Limited (ASX: $EDU) has reported a 25% increase in student enrolments for Term 2, 2024 in its vocational education business, Australian Learning Group (ALG). ALG recorded 217 new student enrolments in its second intake of the year, marking a 26% increase from the previous corresponding period (PCP) and a 26% decrease from the prior term. The total student enrolments for the term were 1,281, reflecting a 25% increase from the PCP and a 4% increase from the prior term.

Executive Commentary on Term 2'24 Enrolments

We are pleased to see the significant growth in student enrolments for Term 2, 2024, particularly the 26% increase in new student enrolments compared to the previous corresponding period. This demonstrates the ongoing demand for our vocational education offerings. We remain committed to providing high-quality education and look forward to reporting the 2024 enrolment numbers for both ALG and Ikon Institute in the upcoming announcements.

Summary of Term 2'24 Enrolment Report

EDU Holdings Limited (ASX: $EDU) has reported a notable 25% increase in student enrolments for Term 2, 2024 in its vocational education business, Australian Learning Group (ALG). The company remains optimistic about the ongoing demand for its vocational education offerings and is committed to providing high-quality education. EDU intends to report the 2024 enrolment numbers for both ALG and Ikon Institute in the upcoming announcements, reflecting its dedication to transparency and accountability.