Tillkännagivande • Aug 04
Embark Early Education Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million. Embark Early Education Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,000,000
Price\Range: AUD 0.4
Discount Per Security: AUD 0.016
Transaction Features: Subsequent Direct Listing Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Michelle Joy Thomsen was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • May 20
Fourth quarter dividend of AU$0.015 announced Dividend of AU$0.015 is the same as last year. Ex-date: 25th May 2026 Payment date: 15th June 2026 Dividend yield will be 13%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio). However, it is well covered by cash flows (50% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 4.0% to bring the payout ratio under control. However, EPS has declined by 4.7% over the last 5 years so the company would need to reverse this trend. Tillkännagivande • Apr 11
Embark Early Education Limited, Annual General Meeting, May 11, 2026 Embark Early Education Limited, Annual General Meeting, May 11, 2026. Location: the intercontinental hotel, scanctuary cove qld 4212, Australia New Risk • Mar 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (94% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (AU$111.9m market cap, or US$79.7m). Declared Dividend • Mar 02
Fourth quarter dividend of AU$0.015 announced Dividend of AU$0.015 is the same as last year. Ex-date: 3rd March 2026 Payment date: 23rd March 2026 Dividend yield will be 11%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio). However, it is well covered by cash flows (50% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 4.0% to bring the payout ratio under control. However, EPS is expected to remain steady over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Feb 26
Full year 2025 earnings released: EPS: AU$0.058 (vs AU$0.049 in FY 2024) Full year 2025 results: EPS: AU$0.058 (up from AU$0.049 in FY 2024). Revenue: AU$104.9m (up 28% from FY 2024). Net income: AU$10.7m (up 19% from FY 2024). Profit margin: 10% (in line with FY 2024). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Consumer Services industry in Australia. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Dec 16
Embark Early Education Limited has completed a Follow-on Equity Offering in the amount of AUD 12 million. Embark Early Education Limited has completed a Follow-on Equity Offering in the amount of AUD 12 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,000,000
Price\Range: AUD 0.6
Discount Per Security: AUD 0.024
Transaction Features: Subsequent Direct Listing Declared Dividend • Nov 24
Dividend of AU$0.015 announced Dividend of AU$0.015 is the same as last year. Ex-date: 25th November 2025 Payment date: 17th December 2025 Dividend yield will be 9.0%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is covered by both earnings (83% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend. Tillkännagivande • Nov 07
Embark Early Education Limited (ASX:EVO) proposed to acquire remaining 80.10% stake in Mayfield Childcare Limited (ASX:MFD) for AUD 30.2 million. Embark Early Education Limited (ASX:EVO) proposed to acquire remaining 80.10% stake in Mayfield Childcare Limited (ASX:MFD) for AUD 30.2 million on November 7, 2025. A cash consideration of AUD 30.25 million valued at AUD 0.5 per share will be paid by Embark Early Education Limited. As part of consideration, AUD 0.05 million is paid towards Performance rights rights and AUD 30.21 million is paid towards common equity of Mayfield Childcare Limited. Upon completion, Embark Early Education Limited will own 100% stake in Mayfield Childcare Limited. Declared Dividend • Aug 27
Dividend of AU$0.015 announced Dividend of AU$0.015 is the same as last year. Ex-date: 28th August 2025 Payment date: 19th September 2025 Dividend yield will be 8.6%, which is higher than the industry average of 2.4%. Sustainability & Growth Dividend is covered by both earnings (83% earnings payout ratio) and cash flows (65% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend. Reported Earnings • Aug 26
First half 2025 earnings released: EPS: AU$0.022 (vs AU$0.016 in 1H 2024) First half 2025 results: EPS: AU$0.022 (up from AU$0.016 in 1H 2024). Revenue: AU$49.4m (up 44% from 1H 2024). Net income: AU$4.04m (up 62% from 1H 2024). Profit margin: 8.2% (up from 7.2% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Consumer Services industry in Australia. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 19
Upcoming dividend of AU$0.015 per share Eligible shareholders must have bought the stock before 26 May 2025. Payment date: 17 June 2025. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 6.8%. Within top quartile of Australian dividend payers (6.1%). Higher than average of industry peers (4.0%). Tillkännagivande • Apr 11
Embark Early Education Limited, Annual General Meeting, May 13, 2025 Embark Early Education Limited, Annual General Meeting, May 13, 2025. Location: at southport yacht club, 1 macarthur parade, main beach qld 4217., Australia Tillkännagivande • Nov 14
Embark Early Education Limited Announces Dividend for the First Half of 2024, Payable on December 9, 2024 The Board of Embark Early Education Limited has resolved to pay a further quarterly dividend of AUD 0.015 (one and a half cents) per share for CY24H1. The dividend will be fully franked. Details are as follows: the ex dividend date will be 20 November 2024; the record date will be 21 November 2024; and the payment date will be 9 December 2024. Tillkännagivande • Oct 22
Embark Early Education Limited has completed a Follow-on Equity Offering in the amount of AUD 18.188641 million. Embark Early Education Limited has completed a Follow-on Equity Offering in the amount of AUD 18.188641 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 23,932,422
Price\Range: AUD 0.76
Discount Per Security: AUD 0.038
Transaction Features: Subsequent Direct Listing Tillkännagivande • Aug 29
Embark Early Education Limited Declares Fully Franked Quarterly Dividend, Payable on 23 September 2024 The Board of Embark Early Education Limited has resolved to pay a further quarterly dividend of AUD 0.015 (one and a half cents) per share as an interim dividend for CY24 H1. The dividend will be fully franked. Details are as follows: ex-dividend date will be 30 Aug. 2024; the record date will be 2 September 2024; and the payment date will be 23 September 2024. Tillkännagivande • May 06
Embark Early Education Limited Declares Fully Franked Quarterly Dividend as a Final Dividend for the Fiscal Year 2023, Payable on 3 June 2024 The Board of Embark Early Education Limited has resolved to pay a further quarterly dividend of AUD 0.015 (one and a half cents) per share as a final dividend for the fiscal year 2023. This dividend will be fully franked. Details are as follows: ex-dividend date will be 10 May 2024; the record date will be 13 May 2024; and the payment date will be 3 June 2024. Tillkännagivande • Apr 09
Embark Early Education Limited, Annual General Meeting, Jun 04, 2024 Embark Early Education Limited, Annual General Meeting, Jun 04, 2024. Location: Soutport Yacht Club Helensvale Australia Tillkännagivande • Feb 28
Embark Early Education Limited (ASX:EVO) agreed to acquire Nine childcare centres in Victoria and Queensland for AUD 25.2 million. Embark Early Education Limited (ASX:EVO) agreed to acquire Nine childcare centres in Victoria and Queensland for AUD 25.2 million on February 27, 2024. The consideration consists of AUD 25.20 million in cash. As part of the consideration, AUD 25.20 million was paid towards assets. The transaction is expected to be funded from cash reserves and operating cash flow. The contract is subject to customary conditions and is expected to settle from mid-March through to late April. Tillkännagivande • Oct 30
Embark Early Education Limited Announces Interim Dividend for the Six Months Ended June 30, 2023, Payable on November 28, 2023 Embark Early Education Limited announced interim dividend of AUD 0.02000000 per share for the six months ended June 30, 2023. Record date is November 7, 2023, Ex-date is November 6, 2023, and payment date is November 28, 2023. Tillkännagivande • Oct 13
Embark Early Education Limited Appoints Josie Shawcross as Chief Financial Officer Embark Early Education Limited announced the appointment of Josie Shawcross to the position of Chief Financial Officer of the company with effect from 12 October 2023. Josie was employed as Financial Accountant with Early Learning Services (ELS) in 2007. ELS became G8 Education Limited in March 2010. Josie remained with G8 Education as Financial Accountant and then as Senior Financial Accountant. In June 2019, Josie moved to Evolve Early Learning Pty Ltd. as Senior Financial Accountant. Josie was promoted to Financial Controller in March 2020. In summary, Josie has almost 16 years’ experience at all finance levels in the Childcare Sector. Josie has been responsible for the company’s Australian operation finance function since 2019. Tillkännagivande • Jul 14
Embark Early Education Limited Announces Dividend, Payable on 10 August 2023 Embark Early Education Limited announced that the Board has resolved to pay a dividend of AUD 0.02 per share for the financial year ended 31 December 2022. Fully franked credits will be attached to the dividends. The ex-dividend date for the dividend is 19 July 2023 and the record date for the dividend is 20 July 2023. Payment date for the dividend is 10 August 2023. Tillkännagivande • Jun 06
Aembark Education Group Limited Appoints Michelle Thomsen as Director Embark Education Group Limited at its AGM held on 6 June 2023, elected Michelle Thomsen as Director of Embark. Tillkännagivande • May 20
Embark Education Group Limited (NZSE:EVO) agreed to acquire three childcare centres for NZD 7.2 million. Embark Education Group Limited (NZSE:EVO) agreed to acquire three childcare centres for NZD 7.2 million on May 19, 2023. All contracts are subject to customary conditions with respect to licensing, lease assignment and due diligence. Tillkännagivande • May 04
Embark Education Announces Its Intention to Delist on the New Zealand Stock Exchange Embark Education Group Limited announced its intention to re-domicile by listing on the Australian Securities Exchange (ASX) and delisting on the NZX. The Board has resolved to achieve the re-domiciliation and ASX listing through a court approved scheme of arrangement under part 15 of the Companies Act 1993 (the Scheme). This will see a new Australian incorporated company, Embark Early Education Limited (the New Parent), acquire all of the shares in Embark by an exchange of shares on a one for one basis. The New Parent will apply for listing on the ASX and Embark will seek to be delisted from the NZX and ASX (the Delisting). The Scheme is subject to shareholder approval and the approval of the New Zealand High Court, as well as the approval of ASX and NZX to the necessary listing and de-listings. Embark expects to file an application with the High Court seeking initial orders in relation to the proposal on 2 May 2023. If the orders are granted, Embark intends to put the proposal to shareholders for approval at the annual meeting of shareholders (Annual Meeting). The Annual Meeting is currently expected to be held virtually and in person on 6 June 2023 at 11:00am (NZST). An information pack consisting of a notice of meeting and Scheme booklet will be distributed to shareholders before the Annual Meeting. The documents will set out in detail the matters which shareholders will need to consider in deciding whether to support the Scheme and the Delisting, including the conditions to the Delisting. If the Scheme and the Delisting receives shareholder approval, Embark will seek final orders from the High Court, as well as approvals from ASX and NZX to the listing and de-listings. If all approvals are granted, Embark expects the scheme to be implemented on or about 28 June 2023, with the new ASX listing in place from 29 June 2023. Reported Earnings • Mar 02
Full year 2022 earnings released Full year 2022 results: Revenue: NZ$59.5m (down 62% from FY 2021). Net loss: NZ$2.59m (down 449% from profit in FY 2021). Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Consumer Services industry in Australia. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Kim Campbell was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Kim Campbell was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Kim Campbell was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Jul 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be AU$0.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings is also forecast to grow by 46% per annum over the same time period. Board Change • Dec 31
High number of new directors Independent Director Kim Campbell was the last director to join the board, commencing their role in 2019. Executive Departure • Aug 05
Chief Operating Officer Craig Presland has left the company On the 2nd of August, Craig Presland's tenure as Chief Operating Officer ended after less than a year in the role. We don't have any record of a personal shareholding under Craig's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.25 years. Is New 90 Day High Low • Mar 03
New 90-day low: AU$1.15 The company is down 18% from its price of AU$1.40 on 03 December 2020. The Australian market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 4.0% over the same period. 
