Top Education Group Ltd (Stock code: 1752) reported its unaudited interim results for the six months ended 31 December 2025. The Group primarily provides higher education and English language courses in Australia.

Revenue rose 6.50% year-on-year to AUD 17.06 million. Gross profit reached AUD 7.40 million, reflecting an 11.80% increase. Profit for the period climbed 12.40% to AUD 1.75 million. According to the interim statements, the Group attributed the revenue growth mainly to higher course fee income.

Administrative expenses stood at AUD 4.40 million, up slightly by 1.00%, while advertising and marketing expenses recorded a marginal increase to AUD 1.36 million. Finance costs (interest on lease liabilities) declined 16.60%. Basic and diluted earnings per share were AUD 0.082 cents and AUD 0.078 cents, respectively.

As at 31 December 2025, current assets totaled AUD 52.54 million, including AUD 50.26 million in cash and cash equivalents. Current liabilities came to AUD 20.31 million, and non-current liabilities were AUD 9.28 million, giving net assets of AUD 49.04 million. The Group held no bank borrowings and maintained a 0% gearing ratio.

During the interim period, the Group invested approximately AUD 0.52 million in capital expenditures, encompassing property, plant and equipment along with intangible assets. No interim dividend was declared. The reporting period also witnessed a completed share buy-back arrangement involving 264.71 million shares acquired from PwC Nominees.

The board highlighted continued expansion of academic offerings in management, commerce, law, and information technology. With the Tertiary Education Quality and Standards Agency re-registration for seven years, the Group anticipates maintaining strong regulatory compliance and academic quality while operating in a challenging international education environment.