Friday 26th June 2020
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Evolve Education Group Limited (NSX/ASX: EVO) has released its audited finalised results for financial year ended 31 March 2020 (the period from 1 April 2019 to 31 March 2020).
Managing Director Chris Scott commented that it has been a year of change for the company but one that has seen necessary changes implemented to facilitate a reset for stabilisation and growth.
Mr. Scott noted that EVO was starting to see the fruits of actions taken being reflected in underlying EBITDA of $8.2m for FY20 which is at the top end of the guidance range of $7.8m to $8.2m provided on 20 May 2020 and higher than the earlier guidance of $6m to $6.5m given on 28 November 2019.
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