What:
Taaleem Management Services has graded its first half of FY-23/24 with flying colors, flexing substantial increases in both revenue and profits. With the semester ending February 29, 2024, the report card is in—and it’s straight A’s.
Enrollment Surge:
With a roll call of revenue reaching EGP 690 million, Taaleem chalked up a 61% YoY jump. This surge is credited to a 33% spike in student enrollment and smart tuition strategies boosting average revenue per student according to the company’s release.
Profit Parade:
The financial scoreboard shows net profits surging by an impressive 86% YoY to EGP 358 million. This leap stems from top-tier cost management and an operational strategy that’s as tight as a drum.
Efficiency 101:
Clinching a 79% gross profit margin—up 600 basis points from the previous year—Taaleem’s EBITDA was at EGP 463 million, up 73% YoY with a margin of 67%.
Claps Class:
Think of EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) like a report card before final exams—it shows how well the company did before some of the big tests (taxes and interest) come in. In Taaleem’s case, an EBITDA of EGP 463 million signals strong operational efficiency. It strips out expenses that can obscure how well the company’s core activities are performing, offering a clearer view of its operational profitability
