Summary by Moomoo AI
MAPLELEAF EDU announced its fiscal year 2024 results, with revenue increasing by 6.7% year-on-year to 1.2285 billion yuan, and profit soaring by 203% to 15.5 million yuan. EBITDA slightly decreased by 0.7% to 0.4686 billion yuan, while 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 operating schools dropped by 2 to 31. 91.7% of graduates were admitted to QS Global Top 100 universities.The company fully implemented the MAPLELEAF World Schools curriculum and received benchmark recognition from ECCTIS. It authorized external schools to use the curriculum, expanding its education Industry Chain business. Plans are in place for further overseas expansion, especially in the Southeast Asia region. In terms of corporate governance, new policies have been adopted, including anti...Show More