Academedia Ab · OMXSTO:ACAD
Academedia Ab — Q4 2026 Earnings Presentation
27 slides from Academedia Ab's earnings presentation, Aug 31, 2026
Slide 1: Q4 Interim report presentation July 2025 – June 2026
Interim report presentation Q4August 31, 2026 July 2025 – June 2026 Marcus Strömberg, CEO Petter Sylvan, CFO Fotografen: Freddy Billqvist. Skolan: Montessori Mondial.
Slide 2: A record quarter for AcadeMedia
• Net sales increased by 10.6 percent in the quarter and amounted to SEK 5,658 A record quarter million (5,118). FY Sales increased by 7.0 percent, amounting to SEK 20,360 million for AcadeMedia (19,021). — Organic growth was 6.0 percent • Adj. EBITA amounted to SEK 552 million (475), representing a
Slide 3: Quality in focus
Quality in focus AcadeMedia outperforms on almost every key quality metric More accurate Qualified teachers Socio-economics Quality Inspections grading Percent of final grades Share of teachers with Share of compulsory school Share of schools with exceed national standard teaching certification and
Slide 4: Share of students attending municipal versus independent schools
Share of students attending municipal versus independent schools Upper Secondary School Primary School 100% 100% 90% 90% 14% 29% 25% 80% 80% 45% 70% 57% 55% 70% 60% 60% 50% 50% 40% 40% 86% 71% 75% 30% 30% 55% 20% 43% 45% 20% 10% 10% 0% 0% Stockholm Göteborg Malmö Stockholm Göteborg Malmö Municipal I
Slide 5: Acquired growth
Acquired growth Since 2011/12, AcadeMedia has made 79 acquisitions – 39 in Sweden and 40 internationally 2 3 6 3 9 8 6 2 5 4 6 5 5 5 7 3 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020-21 2021/22 2022/23 2023/24 2024/25 2025/26 2026/27 5
Slide 6: Our first step into the British preschool market
• Our first step into the British preschool market • With its strong reputation, high- quality offering, and established presence across three attractive geographies • 21 preschool units with approximately 2,100 children • An additional Chestnut setting is opening in East London in September 2026 •
Slide 7: Our first step into the Polish preschool market
• Our first step into the Polish preschool market • Poland’s largest international preschool chain and a leading private provider • 34 school units with approximately 3,000 childcare places • In September 2026, KIDS&Co. will open its first primary school in Warsaw • Net Revenue of PLN 99 million in
Slide 8: AcadeMedia’s operations in the Netherlands now comprise more than 100 units
• With the addition of Florencius, AcadeMedia’s operations in the Netherlands now comprise more than 100 units. • Represented across all education segments in the Netherlands. • Florencius comprises 3 school units, with approximately 100 children and students. • Net Revenue of EUR 3 million in 2025
Slide 9: Increased profit YoY - 18% CAGR EBITA development
Adj. EBITA development 2007 – 2025/26 Increased profit YoY - 18% CAGR EBITA development SEK m 1 516 1 315 1 127 1 017 987 952 18% 748 Adj. EBITA MSEK 644 675 650 599 572 486 387 391 232 188 98 128 71 2007 2008 2009 2010 10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23
Slide 10: On our way towards 50 percent international business and adult education
Net sales On our way towards 50 percent international business and adult education SEK m 20 359 19 021 17 331 15 534 14 334 59,1% 13 335 60,7% 12 268 11 710 63,2% 10 805 9 516 66,4% 8 608 67,4% 8 160 67,1% 67,2% 67,5% 9,3% 6 372 66,1% 65,3% 9,5% 67,4% 68,0% 9,8% 10,5% 80,2% 13,9% 12,6% 1 478 12,7% 3
Slide 11: Summary of Swedish Legislation on Independent Schools
The regulatory process in Sweden Summary of Swedish Legislation on Independent Schools SVI: Deduction of 6% on school voucher for municipality supply 1. The Profit Regulation (PR) responsibility PI: Government grants withdrawn in case of profit distributions 2. The Principle of Publicity (PP) Most o
Slide 12: Continued stable growth and improved Adj. EBITA
Highlights Q4 Continued stable growth and improved Adj. EBITA Key figures Q4 2025/26 excluding effects of IFRS 16 • Student numbers grew by 5.2 percent. (SEK m) 2025/26 2024/25 Change • Net sales increased by 10.6 percent, organic growth was 10.2 percent, adjusted for currency effect 0.4 percent. #
Slide 13: Stable growth and improved Adj. EBITA
Highlights Q4 Stable growth and improved Adj. EBITA Adj EBITA 24/25 475 Preschool & International: Positively impacted by increased volumes and Preschool & Int. 43 revenue in Germany, and improved efficiency in Norway. Compulsory 14 School Compulsory School: Continued stable development, positively
Slide 14: Continued growth with stable Adj. EBITA and margin
FY figures 2025/26 Continued growth with stable Adj. EBITA and margin • FY net sales continued to grow and amounts to SEK 20,360 (SEK m) 2025/26 2024/25 Change million. Net sales 20,360 19,021 7.0% • FY Adjusted EBITA of SEK 1,516 million, adjusted EBITA- EBITA 1,976 1,786 10.6% margin was 7.4 perce
Slide 15: Q4 Segment reporting
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Slide 16: We operate throughout the education chain
4 business segments and presence in 7 countries We operate throughout the education chain Upper Preschool & Compulsory Adult Secondary International School Education School Age group 0-6 yrs 6-16 yrs 16-18 yrs 18+ yrs Geography # FTE* 8,986 4,457 3,828 1,153 Net sales split 39% 23% 29% 9% *) 2025/26
Slide 17: Acquisitions and new openings continue to drive growth
Preschool and International Segment Acquisitions and new openings continue to drive growth • The number of children increased by 8.1 percent driven by Quarter results (SEK m) 2025/26 2024/25 Change international expansion. Net sales 2,276 1,962 16.0% • Net sales were SEK 2,276 million, positively af
Slide 18: Continued stable sales and earnings growth boosted by acquisition
Compulsory School Segment Continued stable sales and earnings growth boosted by acquisition Quarter results (SEK m) 2025/26 2024/25 Change • Number of children and students increased by 8.3 percent. Net sales 1,351 1,197 12.9% • Net sales grew 12.9 percent. EBITA 124 114 8.8% • Adjusted EBITA was SE
Slide 19: Stable sales and earnings growth
Upper Secondary School Segment Stable sales and earnings growth • Student numbers increased by 0.6 percent. Quarter results (SEK m) 2025/26 2024/25 Change Net sales 1,552 1,505 3.1% • Net sales increased by 3.1 percent as a result of more students and annual voucher revision. EBITA 197 185 6.5% Item
Slide 20: Profitability improved for the twelfth consecutive quarter
Adult Education Segment Profitability improved for the twelfth consecutive quarter • Net sales increased by 5.3 percent to SEK 478 million (454). Quarter results (SEK m) 2025/26 2024/25 Change Net sales 478 454 5.3% • Adjusted EBITA increased in the quarter to SEK 47 million (37). EBITA 47 37 27.0%
Slide 21: Q4 Financial position
Q4 Financial position fAcademedia 21
Slide 22: Strong free cash flow can fund investments in current operations and continued growth
Free cash flow and investments Strong free cash flow can fund investments in current operations and continued growth FCF as % of adj. EBITDA Capex and Maintenance capex as % of net sales SEK m SEK m 1 400 100% 1 600 4,0% 86% 90% 1 400 2,8% 1 200 75% 75% 103 3,0% 70% 80% 2,0% 2,2% 2,1% 66% 1 200 1,8%
Slide 23: Financial position remains strong
Financial position Financial position remains strong 2025/26 2024/25 SEK m 30 Jun 30 Jun Change • Net debt including and excluding IFRS 16 was higher than Total equity (excl. IFRS 16) 7,737 7,218 7.2% last year. Net debt (excl. IFRS 16) 1,918 953 101.3% • Leverage ratio (excl. IFRS 16) was above las
Slide 24: Growth and Profitability within the financial targets
Financial performance vs Revised targets Growth and Profitability within the financial targets 25/26 Financial Targets (24/25) • Annual revenue growth rate of 5-7% including organic growth 5.8% Growth 5-7% and smaller bolt-on acquisitions but excluding larger strategic acquisitions and FX (5.7%) 7.4
Slide 25: Q&A
Q&A 25
Slide 26: This presentation may contain forward-looking statements
This presentation may contain forward-looking statements which reflect AcadeMedia’s current view on future events and financial and operational development, and the current expectations of the AcadeMedia Group’s management. Forward- looking statements are all statements that do not relate to histori
Slide 27: change through education
Academedia change through education