MAPLELEAF EDU announced its fiscal year 2024 performance, with revenues increasing by 6.7% year-on-year to 1.2285 billion yuan, and profits soaring by 203% to 15.5 million yuan. EBITDA slightly decreased by 0.7% to 0.4686 billion yuan, and adjusted EBITDA fell by 6.1% to 0.4975 billion yuan. The total number of students decreased by 8.2% to 9,390, and the number of operational schools declined by 2 to 31. 91.7% of graduates were admitted to QS Global Top 100 universities.The company has fully implemented the MAPLELEAF World School curriculum and received ECCTIS benchmark recognition. It authorized external schools to use the curriculum, expanding its education Industry Chain Business. Plans for further overseas expansion, especially in Southeast Asia, are underway. In terms of corporate governance, new policies addressing anti-fraud, reporting, and shareholder communication have...Show More

MAPLELEAF EDU announced its fiscal year 2024 performance, with revenues increasing by 6.7% year-on-year to 1.2285 billion yuan, and profits soaring by 203% to 15.5 million yuan. EBITDA slightly decreased by 0.7% to 0.4686 billion yuan, and adjusted EBITDA fell by 6.1% to 0.4975 billion yuan. The total number of students decreased by 8.2% to 9,390, and the number of operational schools declined by 2 to 31. 91.7% of graduates were admitted to QS Global Top 100 universities.The company has fully implemented the MAPLELEAF World School curriculum and received ECCTIS benchmark recognition. It authorized external schools to use the curriculum, expanding its education Industry Chain Business. Plans for further overseas expansion, especially in Southeast Asia, are underway. In terms of corporate governance, new policies addressing anti-fraud, reporting, and shareholder communication have been adopted to strengthen Board of Directors diversity and independence.MAPLELEAF EDU completed the CIS loan Refinancing, obtaining a new 0.28 billion Singapore dollars term loan facility and fully redeeming outstanding convertible Bonds. In the future, the company will focus on developing high schools in China that adopt the World School curriculum, expand the network of authorized external schools, continue overseas expansion, and further develop its education Industry Chain Business. MAPLELEAF EDU is committed to becoming a leading Global Operator of international schools through a multifaceted expansion strategy.