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AdNeo Limited (ASX:AD1)

ALERT: Price-sensitive ASX Announcement for AD1
Current share price for AD1 : $0.025 -0.017 (-40.48%)+
Announcement
Release
4 Dec 2025 9:31AM
Price at Release
$0.042
Full Release
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Summary
AdNeo Limited, through its brand Aspire by Catapult, has secured a significant contract worth AU$146,000 with the Bendigo Kangan Institute. This project involves the development of an Australian first Advanced Diploma in Digital Innovation, addressing critical skill gaps in the workforce. The completion of this contract is scheduled by February 15, 2026. Recently acquired by AdNeo, Aspire has enhanced the company's capabilities in learning resources, adding around 150+ clients and 350 units of competencies. The acquisition and the contract underscore AdNeo's strategic focus on expanding its market share in Australia's Vocational Education sector, which is projected to grow by 3% annually from 2020 to 2025.
Key Points
  • Aspire by Catapult wins AU$146,000 contract with Bendigo Kangan Institute.
  • Contract involves developing an Advanced Diploma in Digital Innovation.
  • Aspire was acquired by AdNeo on 9th September 2025.
  • Aspire adds 150+ clients and 350 units of competencies to AdNeo.
  • Vocational Education sector in Australia is growing at 3% annually.
  • AdNeo aims to expand its market share through strategic acquisitions.
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.