STADIO holdings reports strong growth in revenue and earnings

STADIO Holdings Limited reported a 16% increase in revenue, climbing from R826 million to R957 million for the six months ended June 30, 2025. This growth was underpinned by a 9% rise in Semester 1 student numbers, reaching 51,197, and an 8% increase in total student numbers as of August 2025, reaching 54,487. Earnings before interest, taxation, depreciation, and amortisation (EBITDA) also saw a substantial 24% increase to R293 million.

Core headline earnings grew by 28% from R137 million to R176 million, with core headline earnings per share (Core HEPS) also rising by 28% to 20.7 cents per share. The company noted a 14% increase in new students, contributing to the overall positive performance. Net asset value per share increased by 8% from 216 cps to 234 cps.

STADIO Holdings remains on track to achieve its pre-listing forecast of 56,000 students by the end of 2026 and aims for 80,000 students by 2030. No interim dividend was declared, aligning with the company's policy of annual dividend declarations based on available free cash flow after considering future growth investments.