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G8 Education Limited (ASX:GEM)

ALERT: Price-sensitive ASX Announcement for GEM
Current share price for GEM : $0.150 -0.31 (-67.39%)+
Announcement
Release
23 Feb 2026 8:25AM
Price at Release
$0.460
Full Release
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Summary
G8 Education Limited announced its FY25 results, reporting a 7.2% decline in revenue to $948.2 million and a statutory net loss after tax of $303.3 million. This loss was largely due to a $349.1 million goodwill impairment expense. Operating EBIT fell by 18.9% to $93.3 million. Occupancy rates were down to 65.8% from the previous year's 70.7%. Despite these challenges, 95% of its centers met or exceeded the National Quality Standard. The company focused on improving its center quality and workforce stability, with significant investments in team retention and a strategic focus on child safety. No final dividend was declared for the year, and the company maintained a cautious approach to capital management.
Key Points
  • G8 Education reported $948.2 million in revenue, down 7.2% from last year.
  • Statutory net loss after tax was $303.3 million due to a $349.1 million goodwill impairment.
  • Operating EBIT decreased by 18.9% to $93.3 million.
  • Occupancy rates dropped to 65.8% from 70.7% the previous year.
  • 95% of centers rated as 'Meeting' or 'Exceeding' National Quality Standard.
  • Focus on enhancing child safety and workforce stability.
  • No final dividend declared, maintaining a cautious capital management approach.
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.