Kip Mcgrath Education Centres Limited · ASX:KME
Kip Mcgrath Education Centres — FY2026 Earnings Presentation
16 slides from Kip Mcgrath Education Centres's earnings presentation, Sep 2, 2026
Slide 1: Investor Update
For personal use only Investor Update 2 September 2026
Slide 2: About Kip McGrath
About Kip McGrath For personal use only Kip McGrath is a global education provider and franchise network with 50 years of experience supporting student success. We deliver personalised, face-to-face, teacher-led small group tutoring in literacy and mathematics through proven educational programs and
Slide 3: The Kip McGrath Foundations
The Kip McGrath Foundations For personal use only Our mission Our vision Our values 3
Slide 4: Refreshed Leadership Team
Refreshed Leadership Team For personal use only Total Corporate Employees 65 4
Slide 5: Network Investment
Network Investment For personal use only The KME team has undergone an operational reset over the last 9 months and have been putting into action tangible initiatives to drive growth 5
Slide 6: Future focus
For personal use only Future focus 6
Slide 7: FY26 results
FY26 results $m unless otherwise FY25 FY26 Change Commentary stated only Total revenue Pricing and fee mix more than offset by lower 31.4 30.1 (4.3%) usemetrics (excl. interest income) lesson volumes Lower revenue was partly offset by disciplined EBITDA 7.8 7.5 (4.0%) cost management and lower opera
Slide 8: Revenue by region
Revenue by region Revenue by region ($m)* For personal use only • Group revenue (4.3)%, 8.3% CAGR (3.1)% in constant currency 5.3% CAGR 15.9 15.4 15.0 15.0 14.6 • ANZ revenue $15.0m, 14.2 13.3 (2.5)%, (1.1)% in 12.2 12.2 constant currency 10.9 • UK/Other revenue $15.0m, (6.0)%, (5.0)% in constant cu
Slide 9: Centre numbers
Centre numbers Gold Centres Centre numbers by model For personal use only 2.3% CAGR 531 505 340 489 317 326 325 453 431 297 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 Gold Gold Corporate Silver Other • The company finished FY26 with 431 centres • Centre numbers stabilised during H2, with a ne
Slide 10: Lesson numbers
Lesson numbers • Lesson numbers Lesson numbers by full year ('000) declined 6% to 1,779k, For personal use only driven by UK: 1,872 1,907 1,931 1,897 1,779 o ANZ (0.5)% o UK (9.4)% • Decrease is due to FY22 FY23 FY24 FY25 FY26 reduction in UK, SA and MENA silver centre numbers Average weekly lessons
Slide 11: Average lesson charge
Average lesson charge Average Lesson Charge (A$) For personal use only 5.7% CAGR 60.0 61.7 56.0 51.5 49.5 FY22 FY23 FY24 FY25 FY26 • FY26 average lesson charge increased by 2.9% from $60.00 to $61.70 o FY26 $62.70, +4.6% in constant currency 11
Slide 12: Franchise fee %
Franchise fee % Franchise fee % - annual For personal use only 18.0% 18.0% 16.3% 16.6% 15.0% FY22 FY23 FY24 FY25 FY26 • Franchise fee of 18.0% stable with prior year 12
Slide 13: Cash flow
Cash flow • Strong operating cash For personal use only flow driven by solid EBITDA performance Cash Flow Statement • Investing outflow mainly due to technology and curriculum capex • Financing outflows consist of share buyback ($2,480k), dividends paid ($836k) and lease payments ($1,520k) • The com
Slide 14: Business improvement and operational priorities
Business improvement and operational priorities For personal use only Improve Increase corporate Strengthen lessons and centre Continue student lead customer economics Reengagement building a lifetime conversion Refresh board with scalable value and centre and refresh franchisees franchise operation
Slide 15: Disclaimer
Disclaimer Disclaimer This presentation has been prepared by Kip McGrath Education Centres Limited (Company). Statements in this presentation are made only as at 2 September 2026 and the information in this presentation remains subject to change without notice. The information in this presentation i
Slide 16: Questions
For personal use only QUESTIONS
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