Stadio Holdings (SDO) FY22 – Results Snapshot

Diluted HEPS up +18.1% y-y to 19.6cps (LY: 16.6cps).
Turnover increased by +10.6% y-y to R1 214m (LY: R1 098m).
OPM increased to 22.8%.
Expenses increased by +5.9% y-y to R937m (LY: R885m). Expense to sales down to 77.2% (LY: 80.6%).
Final dividend of 8.9cps declared.
Contact learning student numbers for semester 1 down by -4.4% to 5 662 students (LY: 5 921 students) and semester 2 down by -4.1% to 5 699 students (LY: 5 942 students).
Distance learning student numbers for semester 1 up by +14.5% to 32 686 students (LY: 28 537 students) and semester 2 up by +10.1% to 35 597 students (LY: 32 320 students).
Cash generated from operating activities up by +21.3% y-y to R230m (LY: R190m).