December 5, 2025
EduFocal Limited (LEARN)
Unaudited financials for the six months ended June 30, 2025:
EduFocal Limited (LEARN) for the six months ended June 30, 2025, reported a 29% decrease in Revenue totaling $43.16 million compared to $61.18 million in the corresponding period last year. Revenue for the second quarter had a 57% decrease to close at $13.19 million compared to $30.45 million for the comparable quarter of 2024.
Administrative & Operating Expenses amounted to $15.75 million (2024: $71.39 million), this represents a decrease of 78% year over year. Additionally, depreciation and amortization decreased by 89% to $837,202 compared to $7.87 million for the six months ended June 30, 2024. The company booked depreciation and amortization of $610,483 for the second quarter versus $208,712 reported for the similar quarter of 2024. Impairment loss on financial assets increased by 69% to close at $11.25 million (2024: $6.64 million).
Consequently, Operating profit amounted $15.32 million, a notable turnaround from the operating loss of $24.72 million in 2024. Finance costs for the six months ended June 30, 2025, amounted to $16.14 million, a 25% increase relative to $12.87 million reported in 2024.
Loss Before Taxation for the six months ended June 30, 2025, amounted to $816,307, a 98% improvement relative to loss of $37.33 million reported in 2024. Profit Before Taxation for the second quarter amounted to $523,454 (2024: Loss of $12.19 million). No tax charge was incurred for the period under view.
As a result, Net loss for the six months ended June 30, 2025, amounted to $816,307, a 98% improvement relative to loss of $37.33 million reported in 2024.
Net loss attributable to shareholders amounted to $808,145 (2024: loss of $37.14 million).
Consequently, Loss Per Share for the six months amounted to $0.00 (2024: LPS: $0.06), while Earnings Per Share for the quarter totaled $0.00 (2024: LPS: $0.02). The twelve-month trailing LPS was $0.03, and the number of shares used in these calculations was 648,446,094.
Balance Sheet Highlights
The company’s assets totaled $230.95 million (2024: $246.55 million). The movement in total assets was influenced by 28% decrease in ‘Director’s Account’ amounting to $26.66 million (2024: $37.08 million).
Shareholders’ deficit was $133.14 million (2024: shareholders’ deficit of $106.86 million).
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