1) Navitas is a leading global education provider with over 80,000 students across 111 colleges and schools in Australia, the UK, US, Canada, Singapore, Kenya and Sri Lanka.
2) In the first half of FY13, Navitas reported total group revenue growth of 4% to $355.4 million and EBITDA growth of 5% to $59.9 million.
3) Navitas' core University Programs and English Programs divisions performed well in the first half, with EBITDA growth of 5% and 24% respectively, however the SAE Creative Media division experienced lower than expected earnings growth.
MBA Strategic Management Assignment: Business Level Strategy and Corporate L...Rofidah Azman
Tesco has implemented several corporate and business level strategies to achieve growth and success in Malaysia. At the corporate level, Tesco utilizes a low price strategy through everyday low pricing, focuses on customers to earn lifetime loyalty, and grows through programs like their Club Card scheme, green Club Card, own brands, and payment services. At the business level, Tesco pursues cost leadership, market development, product development, and market penetration. They analyze industry factors through PESTEL, Porter's Five Forces, and evaluate strategies using the BCG matrix. Overall, Tesco's strategies aim to strengthen their core UK business while driving expansion in Malaysia through a consistent focus on customers, communities, and employees.
- Navitas reported revenue growth of 19% for the first half of FY14 compared to the prior corresponding period, with revenue reaching $421.9 million. EBITDA increased 6% to $63.2 million.
- The University Programs division saw a 20% increase in revenue to $243.2 million and a 12% increase in EBITDA to $58.4 million, with enrolment growth across all key regions. Two new colleges were opened in the period.
- SAE revenue increased 22% to $68.1 million due to growth in the US and Germany, while EBITDA declined 29% to $9.0 million due to investments in US operations.
Navitas FY13 full year results presentationJames Fuller
The document provides financial results for Navitas for the full year ended 30 June 2013. Key highlights included total group revenue increasing 6% to $731.7 million and EBITDA increasing 3% to $130 million. Net profit after tax was up 2% to $74.6 million. All three core divisions - University Programs, SAE, and Professional and English Programs - saw revenue growth. The results demonstrated the company's continued growth and diversification.
Navitas is a leading global education provider with over 80,000 students across 111 colleges and schools. In the first half of FY13, Navitas' revenue was $355.4 million, EPS was 9.3 cents, and NPAT was $35.1 million. While University Programs and SAE Group saw earnings growth, Professional and English Programs recorded earnings losses. Navitas is implementing a strategic review to improve performance across its divisions.
This document is a presentation from Steadfast Group Limited's investor day on June 17, 2015. It provides an overview of Steadfast Group Limited, including that it is the largest general insurance intermediary in Australasia. It discusses Steadfast's business strategy, DNA, and the roles and initiatives of the Partners & Broker Services team and Business Development team to continue growing organically within the Steadfast network.
ANZAC perspectives: Strategies, leading indicators and busting international ...LearningandTeaching
This webinar is a unique collaboration between agencies that promote New Zealand and Australian international education – Education New Zealand and Austrade. Kadi Taylor also throws into the mix the perspective of an education provider that straddles both sides of the Tasman, Navitas.
The presenters bring together disparate data sets from both destinations to illuminate the lead indicator data trends, compare these trends and provide qualitative context to how these played out in these major international education destinations.
Veda Group Limited reported strong financial results for the full year 2015, with revenue increasing 12.2% and EBITDA growing 12.0% compared to the prior year. Business lines performed well due to growth in consumer risk and identity verification solutions as well as higher value commercial products. Veda will continue pursuing its strategic initiatives of using data and analytics to create customer insights, opening new market opportunities such as comprehensive credit reporting, and delivering innovation.
MBA Strategic Management Assignment: Business Level Strategy and Corporate L...Rofidah Azman
Tesco has implemented several corporate and business level strategies to achieve growth and success in Malaysia. At the corporate level, Tesco utilizes a low price strategy through everyday low pricing, focuses on customers to earn lifetime loyalty, and grows through programs like their Club Card scheme, green Club Card, own brands, and payment services. At the business level, Tesco pursues cost leadership, market development, product development, and market penetration. They analyze industry factors through PESTEL, Porter's Five Forces, and evaluate strategies using the BCG matrix. Overall, Tesco's strategies aim to strengthen their core UK business while driving expansion in Malaysia through a consistent focus on customers, communities, and employees.
- Navitas reported revenue growth of 19% for the first half of FY14 compared to the prior corresponding period, with revenue reaching $421.9 million. EBITDA increased 6% to $63.2 million.
- The University Programs division saw a 20% increase in revenue to $243.2 million and a 12% increase in EBITDA to $58.4 million, with enrolment growth across all key regions. Two new colleges were opened in the period.
- SAE revenue increased 22% to $68.1 million due to growth in the US and Germany, while EBITDA declined 29% to $9.0 million due to investments in US operations.
Navitas FY13 full year results presentationJames Fuller
The document provides financial results for Navitas for the full year ended 30 June 2013. Key highlights included total group revenue increasing 6% to $731.7 million and EBITDA increasing 3% to $130 million. Net profit after tax was up 2% to $74.6 million. All three core divisions - University Programs, SAE, and Professional and English Programs - saw revenue growth. The results demonstrated the company's continued growth and diversification.
Navitas is a leading global education provider with over 80,000 students across 111 colleges and schools. In the first half of FY13, Navitas' revenue was $355.4 million, EPS was 9.3 cents, and NPAT was $35.1 million. While University Programs and SAE Group saw earnings growth, Professional and English Programs recorded earnings losses. Navitas is implementing a strategic review to improve performance across its divisions.
This document is a presentation from Steadfast Group Limited's investor day on June 17, 2015. It provides an overview of Steadfast Group Limited, including that it is the largest general insurance intermediary in Australasia. It discusses Steadfast's business strategy, DNA, and the roles and initiatives of the Partners & Broker Services team and Business Development team to continue growing organically within the Steadfast network.
ANZAC perspectives: Strategies, leading indicators and busting international ...LearningandTeaching
This webinar is a unique collaboration between agencies that promote New Zealand and Australian international education – Education New Zealand and Austrade. Kadi Taylor also throws into the mix the perspective of an education provider that straddles both sides of the Tasman, Navitas.
The presenters bring together disparate data sets from both destinations to illuminate the lead indicator data trends, compare these trends and provide qualitative context to how these played out in these major international education destinations.
Veda Group Limited reported strong financial results for the full year 2015, with revenue increasing 12.2% and EBITDA growing 12.0% compared to the prior year. Business lines performed well due to growth in consumer risk and identity verification solutions as well as higher value commercial products. Veda will continue pursuing its strategic initiatives of using data and analytics to create customer insights, opening new market opportunities such as comprehensive credit reporting, and delivering innovation.
Fairview webinar presentation 18 june 2013 finalMichael Kennedy
- The document provides an overview and update of the Fairview Equity Partners Emerging Companies Fund. It summarizes recent market performance, key portfolio holdings and changes, and site visits by the fund manager to gain insights into the US shale oil industry. Small industrials and resources stocks have declined 10-15% in recent months but the fund has declined less, and financial stocks have increased. The fund maintains exposures to selected resource sectors and quality industrials.
The document is a workbook from Lincoln Crowne & Company (LCC) providing an overview of valuation metrics for large, mid, and small cap Australian engineering companies over a one-year period. It includes sections on the performance of the ASX 200 index by total enterprise value (TEV) to EBITDA, comparisons of TEV/EBITDA valuations for selected large, mid, and small cap engineering firms, and information on LCC's capabilities, social responsibility initiatives, and contact details.
Build a resilient portfolio for all stages of the economic cyclenetwealthInvest
Learn strategies in building your portfolio for any economic condition from John Owen, Portfolio Specialist at MLC Investment Management, as he reviews current market and economic circumstances and provides investment portfolio solutions that are appropriate for a world that will continue to evolve in unpredictable ways.
This document discusses opportunities for collaboration between MSR Marine Management and DSM Marine Management on deep seabed mining projects. It notes that Nautilus Minerals has taken a precautionary approach to its Solwara 1 project by engaging independent experts and reviewers and being transparent with its environmental impact studies. The document also discusses Nautilus' community engagement efforts and environmental monitoring programs for the project. It proposes potential areas of collaboration such as regional seabed surveys and capacity building to support Tonga's sovereignty over its territorial waters.
With the continued regulatory focus on asset values, the Institute has released a guide for year end reporting with an overview of the key concepts of impairment testing and why it is important.
The fitness sector is adapting to changing consumer demands by offering more flexible and personalized services like 24-hour gyms and group personal training. Fitness training is increasingly taking place outdoors, requiring new skills in areas like risk assessment, environmental protection, and legal compliance. Technology is also becoming more important, with some trainers offering online sessions, so understanding technology is now essential for the profession. The sector must work with other industries to develop these new skills.
Affinity Education Group provided a market update presentation highlighting its financial year 2015 (FY15) results and forecasts. Key points included an underlying EBITDA forecast of $7.5-8.5 million for the first half (H1) of FY15 and $27-32 million for the full year. Occupancy was expected to increase in the second half of FY15, driving earnings growth. Affinity also noted a diversified portfolio of 161 childcare centers across Australia and expected to announce its first dividend for FY2015.
As part of its ongoing initiatives in not-for-profit reporting, the Institute has published the fourth edition of ‘Enhancing not-for-profit annual and financial reporting’, which was first launched in 2007. The guidance is a tool designed specifically for the NFP sector to attain best practice in their annual and financial reports, as well as providing an overview of applicable legislation and resources.
Netwealth portfolio construction series - Protecting your portfolio with infr...netwealthInvest
Delve into the world of infrastructure investing with Ofer Karliner, Portfolio Manager at Magellan Asset Management, as he discusses the benefits infrastructure can offer investors and how holding well-defined securities could be one way to better protect your investment portfolio against rising inflation.
This document provides an overview of establishing a business in Australia for UK companies. It discusses why Australia is an attractive market, comparing economies and trade between Australia and the UK. It then covers key considerations for UK companies including common business structures in Australia, taxation requirements, employment laws, and intellectual property. The document also outlines services available from UKTI and trade missions to Australia. Setting up on a temporary basis using the 457 visa process is also summarized, including sponsor approval, position nomination, and visa application requirements.
Presentation For the Science for Impact- Building The Critical Mass. Workshop Facilitated by CTA and Jointly Organized by UNRE, NARI and USP School of Agriculture and Food Technology, Samoa
Theme 4. Communication, Consultation and Cooperation.
Tessa Temata from NZAID spoke on behalf of both New Zealand and Australia as development partners. She talked of the business orientation of New Zealand farmers and the reliance on research to which the universities are well attuned. In the Pacific there are clear needs for increased investment in tertiary education to meet the challenges. Public-Private Partnerships can help to ensure that real needs` are being addressed by the universities. She itemized what the development partners need from us to make their programmes effective, what the current programmes are and what is on the horizon.
Western Areas reported its half year results for the period ending 31 December 2015. Key highlights included nickel production of 12,508 tonnes and a unit cash cost of production of A$2.25/lb. Revenue was lower than the previous corresponding period due to a A$2.41/lb reduction in the realized nickel price. The company reported an underlying net loss after tax of A$7.8 million and generated positive operating cashflow of A$14.6 million despite the lower nickel price. Western Areas remains debt free and provided an updated cost and production guidance for the full 2016 financial year.
This document provides guidance for not-for-profit organizations on managing grants in Australia. It was written by CPA Australia in response to calls from the community and profession for a straightforward guide. The document covers key aspects of grants management for not-for-profits, including applying for grants, accepting grants, financial management of grants, reporting and acquitting grants, and the audit process. It aims to help not-for-profits properly manage grants and meet accountability requirements.
An Insurance Working Group update on common challenges and strategies in student travel insurance.
Kate Hoeppel
Youth Exchange Senior Supervisor
Rotary International
Australian Higher Education Policy And PracticeSarah Morrow
The document provides an overview of Australian higher education policy and practice. It discusses key elements such as relevant government agencies, the legislative and regulatory framework, and program funding models. The Commonwealth Grants Scheme (CGS) is the main public funding mechanism, providing "base funding" to universities through Commonwealth Supported Places (CSPs) for teaching undergraduate and some postgraduate courses. Funding amounts are determined by discipline clusters and will be allocated on a "demand-driven" basis from 2012 onwards.
Lion Wave Overseas is a consulting firm that provides placement services to help prospective graduate and postgraduate students attend colleges and universities in the US, UK, Australia, and Singapore. It offers research on programs and admissions standards, assists with applications, and provides post-acceptance support. Its goals are to expand its services to more countries and offer housing assistance. Promotional strategies include ads in educational publications, bulletin boards, and offering free IELTS coaching. The business aims to promote cultural diversity through international education.
This document provides information about financial planning services offered by Oracle Financial Solutions, including products, target markets, fees, and processes. Key points include:
- Product offerings include superannuation, investments, property, risk insurance, and mortgage broking.
- Target markets include those aged 55+ with high incomes for transition to retirement strategies, and individuals with $200k+ in super for SMSFs.
- Fees vary depending on the product but commonly include plan fees of $440, implementation fees from $1,100, and 0.66% of funds under management for super.
- The financial planning process involves identifying qualifying clients, appointments and advice preparation, presentations, and file creation. It
Strategies for Effective Upskilling is a presentation by Chinwendu Peace in a Your Skill Boost Masterclass organisation by the Excellence Foundation for South Sudan on 08th and 09th June 2024 from 1 PM to 3 PM on each day.
More Related Content
Similar to Navitas Macquarie Australia Investor conference
Fairview webinar presentation 18 june 2013 finalMichael Kennedy
- The document provides an overview and update of the Fairview Equity Partners Emerging Companies Fund. It summarizes recent market performance, key portfolio holdings and changes, and site visits by the fund manager to gain insights into the US shale oil industry. Small industrials and resources stocks have declined 10-15% in recent months but the fund has declined less, and financial stocks have increased. The fund maintains exposures to selected resource sectors and quality industrials.
The document is a workbook from Lincoln Crowne & Company (LCC) providing an overview of valuation metrics for large, mid, and small cap Australian engineering companies over a one-year period. It includes sections on the performance of the ASX 200 index by total enterprise value (TEV) to EBITDA, comparisons of TEV/EBITDA valuations for selected large, mid, and small cap engineering firms, and information on LCC's capabilities, social responsibility initiatives, and contact details.
Build a resilient portfolio for all stages of the economic cyclenetwealthInvest
Learn strategies in building your portfolio for any economic condition from John Owen, Portfolio Specialist at MLC Investment Management, as he reviews current market and economic circumstances and provides investment portfolio solutions that are appropriate for a world that will continue to evolve in unpredictable ways.
This document discusses opportunities for collaboration between MSR Marine Management and DSM Marine Management on deep seabed mining projects. It notes that Nautilus Minerals has taken a precautionary approach to its Solwara 1 project by engaging independent experts and reviewers and being transparent with its environmental impact studies. The document also discusses Nautilus' community engagement efforts and environmental monitoring programs for the project. It proposes potential areas of collaboration such as regional seabed surveys and capacity building to support Tonga's sovereignty over its territorial waters.
With the continued regulatory focus on asset values, the Institute has released a guide for year end reporting with an overview of the key concepts of impairment testing and why it is important.
The fitness sector is adapting to changing consumer demands by offering more flexible and personalized services like 24-hour gyms and group personal training. Fitness training is increasingly taking place outdoors, requiring new skills in areas like risk assessment, environmental protection, and legal compliance. Technology is also becoming more important, with some trainers offering online sessions, so understanding technology is now essential for the profession. The sector must work with other industries to develop these new skills.
Affinity Education Group provided a market update presentation highlighting its financial year 2015 (FY15) results and forecasts. Key points included an underlying EBITDA forecast of $7.5-8.5 million for the first half (H1) of FY15 and $27-32 million for the full year. Occupancy was expected to increase in the second half of FY15, driving earnings growth. Affinity also noted a diversified portfolio of 161 childcare centers across Australia and expected to announce its first dividend for FY2015.
As part of its ongoing initiatives in not-for-profit reporting, the Institute has published the fourth edition of ‘Enhancing not-for-profit annual and financial reporting’, which was first launched in 2007. The guidance is a tool designed specifically for the NFP sector to attain best practice in their annual and financial reports, as well as providing an overview of applicable legislation and resources.
Netwealth portfolio construction series - Protecting your portfolio with infr...netwealthInvest
Delve into the world of infrastructure investing with Ofer Karliner, Portfolio Manager at Magellan Asset Management, as he discusses the benefits infrastructure can offer investors and how holding well-defined securities could be one way to better protect your investment portfolio against rising inflation.
This document provides an overview of establishing a business in Australia for UK companies. It discusses why Australia is an attractive market, comparing economies and trade between Australia and the UK. It then covers key considerations for UK companies including common business structures in Australia, taxation requirements, employment laws, and intellectual property. The document also outlines services available from UKTI and trade missions to Australia. Setting up on a temporary basis using the 457 visa process is also summarized, including sponsor approval, position nomination, and visa application requirements.
Presentation For the Science for Impact- Building The Critical Mass. Workshop Facilitated by CTA and Jointly Organized by UNRE, NARI and USP School of Agriculture and Food Technology, Samoa
Theme 4. Communication, Consultation and Cooperation.
Tessa Temata from NZAID spoke on behalf of both New Zealand and Australia as development partners. She talked of the business orientation of New Zealand farmers and the reliance on research to which the universities are well attuned. In the Pacific there are clear needs for increased investment in tertiary education to meet the challenges. Public-Private Partnerships can help to ensure that real needs` are being addressed by the universities. She itemized what the development partners need from us to make their programmes effective, what the current programmes are and what is on the horizon.
Western Areas reported its half year results for the period ending 31 December 2015. Key highlights included nickel production of 12,508 tonnes and a unit cash cost of production of A$2.25/lb. Revenue was lower than the previous corresponding period due to a A$2.41/lb reduction in the realized nickel price. The company reported an underlying net loss after tax of A$7.8 million and generated positive operating cashflow of A$14.6 million despite the lower nickel price. Western Areas remains debt free and provided an updated cost and production guidance for the full 2016 financial year.
This document provides guidance for not-for-profit organizations on managing grants in Australia. It was written by CPA Australia in response to calls from the community and profession for a straightforward guide. The document covers key aspects of grants management for not-for-profits, including applying for grants, accepting grants, financial management of grants, reporting and acquitting grants, and the audit process. It aims to help not-for-profits properly manage grants and meet accountability requirements.
An Insurance Working Group update on common challenges and strategies in student travel insurance.
Kate Hoeppel
Youth Exchange Senior Supervisor
Rotary International
Australian Higher Education Policy And PracticeSarah Morrow
The document provides an overview of Australian higher education policy and practice. It discusses key elements such as relevant government agencies, the legislative and regulatory framework, and program funding models. The Commonwealth Grants Scheme (CGS) is the main public funding mechanism, providing "base funding" to universities through Commonwealth Supported Places (CSPs) for teaching undergraduate and some postgraduate courses. Funding amounts are determined by discipline clusters and will be allocated on a "demand-driven" basis from 2012 onwards.
Lion Wave Overseas is a consulting firm that provides placement services to help prospective graduate and postgraduate students attend colleges and universities in the US, UK, Australia, and Singapore. It offers research on programs and admissions standards, assists with applications, and provides post-acceptance support. Its goals are to expand its services to more countries and offer housing assistance. Promotional strategies include ads in educational publications, bulletin boards, and offering free IELTS coaching. The business aims to promote cultural diversity through international education.
This document provides information about financial planning services offered by Oracle Financial Solutions, including products, target markets, fees, and processes. Key points include:
- Product offerings include superannuation, investments, property, risk insurance, and mortgage broking.
- Target markets include those aged 55+ with high incomes for transition to retirement strategies, and individuals with $200k+ in super for SMSFs.
- Fees vary depending on the product but commonly include plan fees of $440, implementation fees from $1,100, and 0.66% of funds under management for super.
- The financial planning process involves identifying qualifying clients, appointments and advice preparation, presentations, and file creation. It
Similar to Navitas Macquarie Australia Investor conference (20)
Strategies for Effective Upskilling is a presentation by Chinwendu Peace in a Your Skill Boost Masterclass organisation by the Excellence Foundation for South Sudan on 08th and 09th June 2024 from 1 PM to 3 PM on each day.
हिंदी वर्णमाला पीपीटी, hindi alphabet PPT presentation, hindi varnamala PPT, Hindi Varnamala pdf, हिंदी स्वर, हिंदी व्यंजन, sikhiye hindi varnmala, dr. mulla adam ali, hindi language and literature, hindi alphabet with drawing, hindi alphabet pdf, hindi varnamala for childrens, hindi language, hindi varnamala practice for kids, https://www.drmullaadamali.com
Temple of Asclepius in Thrace. Excavation resultsKrassimira Luka
The temple and the sanctuary around were dedicated to Asklepios Zmidrenus. This name has been known since 1875 when an inscription dedicated to him was discovered in Rome. The inscription is dated in 227 AD and was left by soldiers originating from the city of Philippopolis (modern Plovdiv).
How to Setup Warehouse & Location in Odoo 17 InventoryCeline George
In this slide, we'll explore how to set up warehouses and locations in Odoo 17 Inventory. This will help us manage our stock effectively, track inventory levels, and streamline warehouse operations.
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) CurriculumMJDuyan
(𝐓𝐋𝐄 𝟏𝟎𝟎) (𝐋𝐞𝐬𝐬𝐨𝐧 𝟏)-𝐏𝐫𝐞𝐥𝐢𝐦𝐬
𝐃𝐢𝐬𝐜𝐮𝐬𝐬 𝐭𝐡𝐞 𝐄𝐏𝐏 𝐂𝐮𝐫𝐫𝐢𝐜𝐮𝐥𝐮𝐦 𝐢𝐧 𝐭𝐡𝐞 𝐏𝐡𝐢𝐥𝐢𝐩𝐩𝐢𝐧𝐞𝐬:
- Understand the goals and objectives of the Edukasyong Pantahanan at Pangkabuhayan (EPP) curriculum, recognizing its importance in fostering practical life skills and values among students. Students will also be able to identify the key components and subjects covered, such as agriculture, home economics, industrial arts, and information and communication technology.
𝐄𝐱𝐩𝐥𝐚𝐢𝐧 𝐭𝐡𝐞 𝐍𝐚𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐒𝐜𝐨𝐩𝐞 𝐨𝐟 𝐚𝐧 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫:
-Define entrepreneurship, distinguishing it from general business activities by emphasizing its focus on innovation, risk-taking, and value creation. Students will describe the characteristics and traits of successful entrepreneurs, including their roles and responsibilities, and discuss the broader economic and social impacts of entrepreneurial activities on both local and global scales.
Main Java[All of the Base Concepts}.docxadhitya5119
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
This document provides an overview of wound healing, its functions, stages, mechanisms, factors affecting it, and complications.
A wound is a break in the integrity of the skin or tissues, which may be associated with disruption of the structure and function.
Healing is the body’s response to injury in an attempt to restore normal structure and functions.
Healing can occur in two ways: Regeneration and Repair
There are 4 phases of wound healing: hemostasis, inflammation, proliferation, and remodeling. This document also describes the mechanism of wound healing. Factors that affect healing include infection, uncontrolled diabetes, poor nutrition, age, anemia, the presence of foreign bodies, etc.
Complications of wound healing like infection, hyperpigmentation of scar, contractures, and keloid formation.
1. 1 May 2013 ASX: NVT
SUCCESS THROUGH DIVERSITY
Macquarie Australia Conference
2. 2NAVITAS (NVT) – MACQUARIE AUSTRALIA CONFERENCE – 1 MAY 2013
Disclaimer
Important Notice and Disclaimer
This document has been prepared by Navitas Limited ABN 69 109 613 309 ("Navitas" or the "Company"). Information in this document
should be read in conjunction with other Navitas announcements made to ASX.
This document has been prepared for information purposes only and does not take into account your individual investment objectives,
including the merits and risks involved in an investment in Navitas shares, or your financial situation or particular needs, and is not
investment, financial product, legal, tax or accounting advice or opinion.
You must not act on the basis of any matter contained in this document, but must make your own independent investigation and
assessment of Navitas and its shares and obtain any professional advice you require before making any investment decision based on
your investment objectives and financial circumstances. An investment in Navitas shares is subject to investment and other known and
unknown risks, some of which are beyond the control of Navitas, including possible delays in repayment and loss of income and principal
invested. Navitas does not guarantee any particular rate of return or the performance of Navitas, nor does it guarantee the repayment of
capital from Navitas or any particular tax treatment.
All information in this document is believed to be reliable, but no representation, warranty or guarantee, express or implied, is made by
Navitas, its subsidiaries or their respective directors, officers, employees or agents, nor any other person (the “Beneficiaries”) as to the
fairness, accuracy, completeness, reliability or correctness of the information, opinions and conclusions contained in this document
(including, without limitation, any estimates, calculations, projections or forward looking statements). No action should be taken on the
basis of the information, and no reliance may be placed for any purpose on the accuracy or completeness of the information or opinions
contained in this document. To the maximum extent permitted by law, the Beneficiaries shall have no liability, including, without
limitation, any liability arising from fault or negligence, for any direct or indirect loss or damage which may be suffered by any recipient
through relying on anything contained in or omitted from this document.
The distribution of this document in other jurisdictions outside Australia may also be restricted by law and any such restrictions should be
observed. Any failure to comply with such restrictions may constitute a violation of applicable securities laws.
This document does not constitute an offer, invitation, solicitation, advice or recommendation with respect to the issue, purchase or sale
of any security in any jurisdiction. In particular, this document does not constitute an offer to sell, or a solicitation of an offer to buy,
securities in the United States or to any "U.S. person" (as defined in the U.S. Securities Act of 1933 ("U.S. Securities Act")). Shares in
Navitas have not been and will not be registered under the U.S. Securities Act, or under the securities laws of any state or other
jurisdiction of the United States. Accordingly, shares in Navitas may not be offered or sold, directly or indirectly, in the United States or
to, or for the account or benefit of, U.S. Persons, except in a transaction exempt from, or not subject to, the registration requirements of
the U.S. Securities Act and applicable U.S. state securities laws. This document may not be distributed or released in the United States or
to, or for the account or benefit of, any U.S. person.
All references to dollars, cents or $ in this document are to Australian currency, unless otherwise stated.
3. 3NAVITAS (NVT) – MACQUARIE AUSTRALIA CONFERENCE – 1 MAY 2013
Company profile
Navitas (ASX: NVT) is a leading global education provider that offers
an extensive range of educational and training services for students
and professionals across Australia and around the world
Market cap
$2.0b
Annual
revenue
$702.1m
Colleges/
schools
111
Staff
headcount
~5,000
Students
> 80,000
University Programs - leading provider of 30 pathway colleges and managed campuses across
Australia and in the UK, US, Canada, Singapore, Kenya and Sri Lanka
SAE Group - creative media education provider delivering vocational and higher education
qualifications in audio, film and multimedia via 53 colleges in Australasia, US, Europe and the Middle
East
Professional and English Programs – provides quality vocational training, higher education and
placement services in areas of key demand across Australia as well as providing English as a second
language courses for international students and English language, settlement and work preparation
programs for migrants and refugees
.
4. 4NAVITAS (NVT) – MACQUARIE AUSTRALIA CONFERENCE – 1 MAY 2013
Total Group revenue up 4% to $355.4m
EBITDA up 5% to $59.9m
Net profit after tax $35.1m
Earnings per share 9.3¢
Fully franked interim dividend of 9.3¢
H1 FY13 Group highlights
Return to growth in University Programs
enrolments
SAE earnings growth below expectations
English earnings bounce back strongly
Professional and Student Recruitment record
earnings losses
Strategic and structural review of Navitas
completed and implementation underway
Operational
Revenue
$355.4m
NPAT
$35.1m
EPS
9.3¢
DPS
9.3¢
5. 5NAVITAS (NVT) – MACQUARIE AUSTRALIA CONFERENCE – 1 MAY 2013
Core Divisions perform well in 1st half
EBITDA ($m) H1 FY13 H1 FY12 Δ%
University Programs 52.3 49.9 5
SAE Group 12.6 11.8 7
Professional and English
Programs
4.6 3.7 24
Divisional EBITDA 69.5 65.4 6
Corporate costs (9.6) (8.3) 16
Group EBITDA 59.9 57.1 5
75%
18%
7%
69.5m
EBITDA by Division
6. 6NAVITAS (NVT) – MACQUARIE AUSTRALIA CONFERENCE – 1 MAY 2013
Financial metrics vs Campus size
Campus size (# of students)
10%
20%
30%
40%
Royalty payments (Variable)
1,000 2,000 3,000
Agent commissions (Variable)
Teaching costs
(Semi-variable)
%ofrevenue
New
Campus
Established
Campus
50%
Indicative EBITDA Margin
• Strong operating leverage
as student numbers
increase
• Low capital requirements
o leverage partner
universities
infrastructure and
spare teaching capacity
o fees received in
advance drives
negative working
capital
Marketing & Admin
costs (Semi-fixed)
Core University Programs business model
Profitable and highly capital efficient
7. 7NAVITAS (NVT) – MACQUARIE AUSTRALIA CONFERENCE – 1 MAY 2013
No change in MOOC environment
Do not meet the requirements of
international students
Face to Face
Environment
Online / MOOC’s
Immersive Learning Environment
Living Abroad / Cultural
Experience
High Quality Education
Full Degree Offering1
Job Prospects
?
Increasing effectiveness
Source: The Parthenon Group
Note: 1: Full degrees are currently offered through traditional online only and not through MOOCs
10. 10NAVITAS (NVT) – MACQUARIE AUSTRALIA CONFERENCE – 1 MAY 2013
Australian total enrolment declines cease
Semester
8%
5%
-4%
-9%
-14%
-21%
-13%
-12%
-8%
-0.5%
1001
1002
1003
1101
1102
1103
1201
1202
1203
1301
Equivalent Full Time Students Units
(EFTSU) enrolments - variance against pcp
11. 11NAVITAS (NVT) – MACQUARIE AUSTRALIA CONFERENCE – 1 MAY 2013
Australian new student recruitment
• Key factors for international offshore growth
Stabilisation of Australian regulatory and policy environment
Knight Review changes now being understood by markets
SVP – commenced March 2012
Post Study Work Rights – commenced March 2013, available to
students who commenced HE study after 5 November 2011
+
12%
201301
+
7%
201203
New student enrolments
12011103
New Australian cohort has three components
International students recruited
offshore – 201301 >30%
increase
International students recruited
onshore – 201301 decrease
Australian domestic students –
201301 ~10% increase
12. 12NAVITAS (NVT) – MACQUARIE AUSTRALIA CONFERENCE – 1 MAY 2013
SAE
• Leadership strengthened by several new senior appointments
• SAE COO - Scott Jones
• New SAE USA President – experienced Higher Education leader
• Europe
• German enrolment declines halted
• US
• Title IV gains now translating to total enrolments
• Australia
• New Brisbane school sees strong enrolment growth
• SAE full year result expected to be materially similar to FY12
13. 13NAVITAS (NVT) – MACQUARIE AUSTRALIA CONFERENCE – 1 MAY 2013
• Merger of Divisions progressing well with
target date of 1 July 2013 to be met
• Navitas English continuing growth trend
• Outstanding Government Programs
performance
• Improving ELICOS outcomes
• Full year performance more consistent with
historical peaks
• Professional Division recovering from poor
H1
• Forecasted H2 profits confirmed
Professional and English Programs