Highlights
- In Q2-FY2020 (quarter ended February 2020), the CIBT Education Group’s (“company”, “CIBT”) revenue increased 1.6% YOY, to $16 million, in line with our expectations. H1-FY2020 revenue was up 0.9% YoY to $33 million. Educational revenue was up 5% YoY, and rental revenue was up 21% YoY.
- EBITDA was $1.42 million in Q2-FY2020, up 101% YoY, and $4.71 million in H1-FY2020, up 150%. Note that the company’s reported figures are slightly different from our calculations.
- To read more about CIBT Education Group click below on downloads
Visit Global Education Communities Corp. page for more research, discussion boards and to like, and share.
Are you enjoying the highlights?
Discover the company's fair value estimate from our certified analysts, identify potential risks, and explore exciting upcoming catalysts in our detailed report.
