Slide 1: Interim report presentation Q4
Interim report presentation Q4 August 29, 2025 July 2024 – June 2025 Marcus Strömberg, CEO Petter Sylvan, CFO
Slide 2: CEO introduction
CEO introduction • Net sales increased by 5.4 percent in the quarter, 5.6 percent organically including small bolt on acquisitions. • All segments developed in a positive way, both in the fourth quarter and over the full year. • Dedicated and creative efforts to strengthen our value proposition had
Slide 3: Focus on literacy delivers results – 90 percent of first graders can read
Focus on literacy delivers results – 90 percent of our children in first grade can read We see clear progress towards our goal of 100 percent Spring 23 Spring 24 Spring 25 Read A +4,7 +2,4 100 March June
Slide 4: Increased profit YoY - 19% CAGR EBIT development
Adj. EBIT development 2007 – 2024/25 Increased profit YoY - 19% CAGR EBIT development 1 281 1 097 1 001 964 934 +19% 728 670 638 634 Adj. EBIT MSEK 596 567 485 381 389 227 181 70 95 2007 2008 2009 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 23/24 24/25 4
Slide 5: 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 19 021 17 331 15 534 14 334 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% 6 372 66,1% 65,3% 9,5% 67,4% 68,0% 9,8% 10,5% 80,2% 12,6% 12,7% 13,9% 15,4% 1 478 29,9% 16,6% 2
Slide 6: Summary of Independent School Policy Proposals
Independent School Summary of Independent School Policy Proposals SVI: Deduction of 6% on school voucher for municipality supply 1. The Profit Inquiry (PI) responsibility PI: Government grants withdrawn in case of profit distributions 2. The School Voucher Inquiry (SVI) Most of the PI suggested rest
Slide 7: Highlights Q4
Highlights Q4 Continued strong growth, all segments contributed to the improved adj. EBIT for the third quarter in a row • Student numbers grew by 3.7 percent. Key figures Q4 2024/25, excluding effects of IFRS 16 • Net sales increased by 5.4 percent and organic growth was (SEK m) 2024/25 2023/24 Cha
Slide 8: Highlights Q4: all segments contributed to improved adj. EBIT
Highlights Q4 Strong growth, all segments contributed to the improved adj. EBIT Adj EBIT 23/24 415 Preschool & International: The acquisition of Yes! contributed positively to the Preschool & Int. 19 quarter. Compulsory 15 School Compulsory School: Continued stable development. Acquisition and expan
Slide 9: Q4 Segment reporting
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Slide 10: We operate throughout the education chain
4 business segments and presence in 5 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* 7,714 3,824 3,854 1,038 Net sales split* 37% 23% 30% 9% *) 2024/2
Slide 11: Preschool and International Segment
Preschool and International Segment Acquisitions and new openings continue to drive growth • The number of children increased by 6.5 percent driven by Quarter results (SEK m) 2024/25 2023/24 Change international expansion. Net sales 1,962 1,876 4.5% • Net sales were SEK 1,962 million. Organic growth
Slide 12: Compulsory School Segment
Compulsory School Segment Continued stable development. Acquisition and expansion units had a positive impact on EBIT in the quarter. Quarter results (SEK m) 2024/25 2023/24 Change • Number of children and students increased by 4.8 percent. Net sales grew 9.7 percent as a result of increased number
Slide 13: Upper Secondary School Segment
Upper Secondary School Segment Stable growth and profitability • Student numbers increased by 0.6 percent. The overview of the Quarter results (SEK m) 2024/25 2023/24 Change unit portfolio, initiated in 2023, has continued. Adjusted for units Net sales 1,505 1,465 2.7% that are to be closed, the num
Slide 14: Adult Education Segment
Adult Education Segment Profitability improved for the eight consecutive quarter • Net sales increased by 7.3 percent to SEK 454 million (423), Quarter results (SEK m) 2024/25 2023/24 Change due to increased number of students higher vocational Net sales 454 423 7.3% education. EBIT 34 23 47.8% • EB
Slide 15: Q4 Financial position
Q4 Financial position fAcademedia
Slide 16: Free cash flow and investments
Free cash flow and investments Strong free cash flow can fund investments in current operations and growth FCF as % of adj. EBITDA Capex and Maintenance capex as % of net sales SEK m SEK m 1 200 4,0% 1 200 100% 86% 2,8% 90% 1 000 3,0% 1 000 75% 75% 2,2% 121 2,2% 2,1% 70% 80% 1,8% 1,8% 25 1,6% 66% 80
Slide 17: Financial position remains strong
Financial position Financial position remains strong 2024/25 2023/24 SEK m 30 Jun 30 Jun Change • Net debt including and excluding IFRS 16 was lower than Total equity (excl IFRS 16) 7,218 6,769 6.6% last year. Net debt (excl IFRS 16) 953 1,020 -6.6% • Leverage ratio (excl IFRS 16) was below last yea
Slide 18: Summary full year 2024/25
Summary full year 2024/25 2024/25 – strategic international acquisitions, continued strong organic growth and stable economic development • Student growth 7.0 percent Key figures full year 2024/25, excluding effects of IFRS 16 • Sales grew by 9.7 percent, and the organic growth was 5.8 (MSEK) 2024/2
Slide 19: Highlights Full-year
Highlights Full-year Strong growth, all segments contributed to the improved adj. EBIT Adj EBIT 23/24 1 097 Preschool & Int. 57 Preschool & International: New openings and acquisitions as well as higher school vouchers in Germany had a positive impact on EBIT. Compulsory 27 School Compulsory School:
Slide 20: Financial performance vs targets
Financial performance vs targets Growth above and Profitability just below the financial targets FY 24/25 Financial targets are unchanged (FY 23/24) • Annual revenue growth rate of 5-7% including organic growth 5.8%1 Growth 5-7% and smaller bolt-on acquisitions but excluding larger strategic acquisi
Slide 21: Q&A
Q&A 21
Slide 22: Forward-looking statements disclaimer
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 23: Change through education
Academedia change through education