Not that easy to forecast what could be the revenues in 4 or 5 years, given that 84 % of revenues comes from international students.
At the same time, the company has probably 2 interesting elements in the short term :
- quarterly results may continue to increase, as IKON enrolments continued to increase quarter on quarter (by + 15 % qoq during Q2 25),
- EDU also benefits from the fact that they had a large increase of enrolments in FY 24 and FY 25 (so far) which will have an impact on 2 to 3 years, as the average duration of courses was 32 months during FY 24 (vs 28 months during FY 23).
Add to My Watchlist
What is My Watchlist?
