The PIE News

FEBRUARY 14, 2024

IDP’s net profit after tax increased by 19% in the first half of the 2024 financial year when compared to the same time last year, the company’s interim financial report has shown. If growth continues at a similar rate for the rest of the financial year, the company will surpass total revenue of $1 billion. The AUS$97.4m

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The PIE News

AUGUST 23, 2023

Student recruitment and marketing giant IDP Education has reported a record revenue of AUS $982 million in the 2023 financial year, up from $793m , as international students return to Australia. Income from student recruitment to Australia was up by 86% in 2023 at $152m, while other destinations were up by 49% to $199m.

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The PIE News

MARCH 1, 2023

IDP continues a stampeding growth trajectory as it released its half year financial report for 2023, showing a 26% overall revenue increase to reach $502 million – boosted by a 142% growth in Australian student placement revenue. Revenue from Digital Marketing and Events increased to $26.5m from $106.2m

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The PIE News

MAY 31, 2023

Immigration, Refugees and Citizenship Canada has expanded the range of accepted English language tests for the Student Direct Stream, causing the shares of previous monopolisers IDP to plummet. Following the news, it was reported that the Australian international education giant’s shares fell 16%, down $4.11

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The PIE News

FEBRUARY 2, 2024

The increase follows a further 20% rise in the cost of priority visas, study visas and certificates of sponsorship that came into force in October 2023. Even the cost of IELTS language testing increased significantly in 2023. The post UK: upfront costs ‘too high’ as NHS surcharge rises appeared first on The PIE News.

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