MindChamps PreSchool (CNE) H2 2025 earnings summary

Executive summary

• FY2025 revenue declined 4% to $60.353m, while net profit rose to $2.071m from $0.237m, mainly on corporate transaction gains and lower administrative expenses.

• Global centre count reached 85 at 31 Dec 2025; expansion advanced in Australia and the US, alongside a fourth patent for the education methodology in Singapore.

Financial highlights

• Revenue was $60.353m vs $62.958m; gross profit was $28.751m vs $30.178m, with gross profit margin stable YoY.

• PBT increased to $2.117m from $0.548m; net profit rose to $2.071m from $0.237m, and EPS was 0.874 cents vs 0.005 cents.

• Operating cash flow increased to $8.368m from $3.414m; net debt was $7.76m vs $10.03m.

• Revenue fell following the disposal of a preschool centre business in 1H 2025 and the prior-year subsidiary divestment; administrative expenses declined 7% to $29.472m.

• Gains from corporate transactions were $2.904m vs $0.884m; exclusive territory business sales generated other gains of $4.363m vs $4.934m.

Outlook and guidance

• Focus remains on organic growth while maintaining a lean operating profile.

• The Victoria agreement envisages 60 new centres over six years; the US franchise platform covers the District of Columbia, Maryland and Virginia region.

• FY2026 sustainability priorities include continuing curriculum and operating initiatives, improving staff retention and training, and sustaining regulatory compliance.