IDP Education : 2020 AGM PresentationOpens in a new Window
October 19, 2020 at 05:55 pm EDT
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IDP Education
Annual General Meeting, 20 October 2020
1 | FY20 AGM Presentation | 20 October 2020
The material in this presentation has been prepared by IDP Education Limited
(ASX: IEL) ABN 59 117 676 463 ("IDP Education") and is general background
information about IDP Education's activities current as at the date of this presentation. The information is given in summary form and does not purport to be complete. In particular you are cautioned not to place undue reliance on any forward looking statements regarding our belief, intent or expectations with respect to IDP Education's businesses, market conditions and/or results of operations, as although due care has been used in the preparation of such statements, actual results may vary in a material manner. Information in this presentation, including forecast financial information, should not be considered as advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling securities. Before acting on any information you should consider the appropriateness of the information having regard to these matters, any relevant offer document and in particular, you should seek independent financial advice.
IDP Education uses certain measures to manage and report on its business that are not recognised under Australian Accounting Standards. These measures are collectively referred to as non-IFRS financial measures. Although IDP Education believes that these measures provide useful information about the financial performance of IDP Education, they should be considered as supplemental to the measures calculated in accordance with Australian Accounting Standards and not as a replacement for them. Because these non-IFRS financial measures are not based on Australian Accounting Standards, they do not have standard definitions, and the way IDP Education calculates these measures may differ from similarly titled measures used by other companies. Readers should therefore not place undue reliance on these non-IFRS financial measures.
Note: All financial amounts contained in this presentation are expressed in Australian dollars unless otherwise stated. Any discrepancies between totals and the sum of components in tables contained in this Presentation are due to rounding.
Peter Polson Chairman
3 | FY20 AGM Presentation | 20 October 2020
Solid performance despite COVID-19 headwinds in Q4
RevenueEBITNPATACash Balance
$587 m
$107.8 m
$70.4 m
$307 m
down 2%
Up 11%
Up 3%
As at 30 June 2020
4 | FY20 AGM Presentation | 20 October 2020
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Idp Education Ltd. published this content on 20 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2020 21:54:04 UTC
IDP Education Limited is an Australia-based education services provider. The Company is engaged in the placement of international students into educational institutions in Australia, the United Kingdom, the United States, Canada, New Zealand and Ireland. Its services include counseling, application processing and pre-departure guidance. It also distributes and administrates International English Language Testing System (IELTS) tests, an English language test for study, work and migration purposes. It is a co-owner of IELTS with the British Council and Cambridge Assessment. It also operates English language schools in Vietnam and Cambodia and the operation of digital marketing and event services. The Company operates in approximately 50 countries around the world. Its geographical segments include Asia, Australasia and Rest of World. Asia segment includes Bangladesh, Cambodia, China, Hong Kong, India and other. Australasia segment includes Australia, Fiji, New Zealand and New Caledonia.