A growing taste for online education and expansion via new partners is driving Keypath’s growth.
The normalisation of online learning for postgraduate courses during the pandemic, particularly in nursing and allied health, has help drive a 37 per cent increase in revenue forThe company, which listed on the Australian Securities Exchange last June, had revenue of $US56.9 million for the half year to December, boosted by a 47.9 per cent jump in US revenue.
“Universities are doing more complex programs [online] than they have ever done in their history and students now have a real choice.” Keypath has forecast revenue for fiscal 2022 of $US116.4 million and adjusted EBITDA of a loss of $US11.6 million, both in line with prospectus forecasts.
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