ASX:GEMConsumer Services
Why G8 Education (ASX:GEM) Is Down 28.1% After A$350m Goodwill Hit And Halting Payouts
G8 Education recently announced a large A$350,000,000 non-cash goodwill impairment for FY25, alongside suspending its final dividend and pausing its on-market share buyback in response to weaker sector conditions and softer earnings expectations.
Despite these conservative capital measures, the company has reaffirmed its FY25 EBIT guidance, underscoring management’s view that underlying operations remain broadly stable even as accounting values are reset.
We’ll now examine how this sizeable...