IDP Education Limited reported a 15% revenue decline and a 66% drop in net profit for FY25, driven by sustained policy restrictions across key international student markets. The company is responding with a multi-year transformation program focused on cost reduction and AI-driven innovation.
IDP Education has revised its FY25 guidance, forecasting a sharp decline in student placements and language testing volumes due to persistent immigration policy uncertainty across key markets including the UK, Australia, Canada, and the US.
EDU Holdings Limited plans to voluntarily delist from the ASX, citing low share liquidity and regulatory uncertainty in the international student market. The company proposes a substantial buy-back offer to provide shareholders with an exit opportunity ahead of delisting.