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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Embark Early Education
Embark Early Education (EVO) investor relations material
Embark Early Education H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary27 Aug, 2026
Executive summary
Statutory loss after tax of $12.743 million for the half-year ended 30 June 2026, compared to a profit of $4.036 million in the prior period, driven by non-cash impairment charges on right-of-use assets, goodwill, and investment in Mayfield Childcare Limited.
Excluding non-cash impairments and non-recurring items, Centre EBITDA was $8.658 million, down from $10.807 million year-over-year, reflecting softer demand and increased childcare supply, partially offset by cost management.
Acquisition of additional interest in Mayfield Childcare Limited, increasing ownership to 49.8% and accounting for it as an associate.
Financial highlights
Revenue from ordinary activities decreased 4.4% to $47.25 million compared to $49.41 million in the prior period.
Statutory loss after tax of $12.743 million, compared to a profit of $4.036 million year-over-year.
Basic and diluted EPS of (6.26) cents, down from 2.20 cents in the prior period.
Net tangible assets per security decreased to (0.06) from (0.05).
Cash and cash equivalents at period end were $6.29 million, down from $20.66 million at 31 December 2025.
Outlook and guidance
Management remains focused on strengthening centre performance, maintaining labour efficiency, and improving long-term earnings.
Proceeds from a $4.0 million share placement post-period will be used to fund future asset acquisitions.
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Latest events from Embark Early Education
- Revenue up 29% and profit before tax up 32% year-over-year, with strong growth and expansion.EVO
H2 2025 - Takeover of Mayfield Childcare expands network to 84 centres, funded by $12m equity raise.EVOInvestor Presentation
- Profit and revenue surged on acquisitions and cost control, with strong cash flow and dividends.EVOH1 2025
- Revenue up 17.7% and five new centres acquired, boosting profit and dividends.EVOH1 2024
- 29% revenue growth and 14 new centres drive Embark Education's strong 2024 results.EVOH2 2024
Next Embark Early Education earnings date
H2 202624 Feb, 2027
Embark Early Education
Next Embark Early Education earnings date
H2 202624 Feb, 2027
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Frequently asked questions
Embark Early Education Limited is an Australian company that owns and operates early childhood education and childcare centers. The company provides early learning programs for children, focusing on education, care, and development from infancy through preschool age. Embark’s services include play-based learning activities, curriculum-based programs, and nutritional support, aimed at fostering cognitive, emotional, and social growth. The company operates centers across Australia, catering to families seeking quality early childhood education in supportive and engaging environments. The company is headquartered in Southport, Queensland, and its shares are listed on the Australian Securities Exchange.