Financial Data and Key Metrics Changes - The company reported revenue from continuing operations of $43.8 million, compared to $48.5 million for the same quarter last fiscal year, indicating a decline in revenue [19] - Net income from continuing operations increased significantly by over 2,000% year over year, reaching RMB3.2 million, up from RMB0.3 million [21] - Adjusted net income grew by 179.5% to RMB2.5 million compared to RMB1.3 million for the same quarter last fiscal year [21] Business Line Data and Key Metrics Changes - The overseas study consulting revenue increased by 6.2% to RMB11.9 million [20] - The schools business remained the primary revenue source, accounting for around 61% of total revenue [10] - SG&A expenses from continuing operations decreased by 13.7% year over year, reflecting improved operational efficiency [21] Market Data and Key Metrics Changes - The company maintained stable student enrollment year over year at 2,699 students as of March 31, 2025 [7] - Strong 14.2% year-over-year improvement in revenue per enrollment at U.S. schools [8] - In the UK, students received offers from eight of the top 10 UK universities, including prestigious institutions like Cambridge and UCL [14] Company Strategy and Development Direction - The company is focused on executing a dual engine growth strategy, expanding its school business while enhancing global recruitment efforts [16] - The strategic initiatives aim to drive operational efficiency and enhance the global footprint to create sustainable long-term value [8][16] - The company is leveraging partnerships with local institutions to amplify its presence in new geographies [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to deliver stronger long-term value to students, families, and shareholders [16] - The company remains committed to empowering students worldwide and creating value for all stakeholders [22] - Despite macroeconomic headwinds, the company demonstrated resilience through diversified operations and maintained rigorous academic standards [10] Other Important Information - The company achieved a 30.7% reduction in SG&A expenses year over year, improving the SG&A to revenue ratio by 1.2 percentage points [19] - The gross margin from continuing operations was 30%, compared to 30.8% for the same quarter last fiscal year [20] Q&A Session Summary - There were no questions during the Q&A session, indicating a lack of inquiries from analysts or investors [23]

Core Viewpoint - Bright Scholar Education Holdings Limited reported its unaudited financial results for the second quarter of fiscal year 2025, showing a decline in total revenue but significant improvements in net income and operational efficiency [1][7][8]. Financial Highlights - Total revenue from continuing operations was GBP 43.8 million, a decrease of 9.7% from GBP 48.5 million in the same quarter last fiscal year [8][9]. - Revenue from the Schools segment was GBP 26.6 million, down 2.9% from GBP 27.3 million year-over-year [8][10]. - Revenue from Overseas Study Counselling increased by 6.2% to GBP 11.9 million from GBP 11.2 million [8][10]. - Revenue from Other segments decreased by 45.9% to GBP 5.3 million from GBP 10.0 million [8][10]. Profitability Metrics - Operating income from continuing operations was GBP 2.3 million, representing a 7.2% increase from GBP 2.2 million year-over-year [8][14]. - Adjusted operating income increased by 8.1% to GBP 2.7 million from GBP 2.5 million [8][14]. - Net income from continuing operations surged by 223.6% to GBP 3.2 million from GBP 1.0 million year-over-year [8][15]. - Adjusted net income grew by 179.5% to GBP 3.5 million from GBP 1.3 million [8][15]. Cost Management - Cost of revenue decreased to GBP 30.7 million from GBP 33.6 million year-over-year [11]. - Selling, General and Administrative (SG&A) expenses were GBP 11.2 million, down 13.7% from GBP 13.0 million [13]. - SG&A expenses as a percentage of revenue decreased by 1.2 percentage points to 25.5% [7][13]. Enrollment and Operational Efficiency - Total enrollment remained stable year-over-year at 2,669 students as of March 31, 2025 [7]. - Revenue per enrollment at U.S. schools improved by 14.2% year-over-year, indicating enhanced operational effectiveness [7]. Cash Position - As of February 28, 2025, the company had cash and cash equivalents of GBP 46.3 million, down from GBP 54.3 million as of August 31, 2024 [19].

Core Viewpoint - Bright Scholar Education Holdings Limited will release its unaudited financial results for the second quarter of fiscal 2025 on April 28, 2025, before the US market opens [1]. Financial Results Announcement - The financial results will cover the period ended February 28, 2025 [1]. - An earnings conference call is scheduled for April 28, 2025, at 7:00 a.m. U.S. Eastern Time [2]. - Dial-in details for the conference call are provided for various regions, including Mainland China, Hong Kong, the United States, and international participants [2]. Conference Call Details - Participants are advised to join the call at least 5 minutes prior to the start time [2]. - A live and archived webcast of the conference call will be available on the company's investor relations website [2]. Replay Information - A replay of the conference call will be accessible until May 5, 2025, with specific telephone numbers and a replay passcode provided [3]. Company Overview - Bright Scholar is described as a global premier education service group, focusing on providing quality international education to students worldwide [3]. - The company aims to equip students with the necessary academic foundation and skillsets for higher education success [3].

博实乐公告，2025年第一季度营收为3.48亿元，同比增长40.28%；净利润为4030.27万元，同比增长 14.42%。 ...

N Y S E : B E D U Financial and Operational Results FY2025 First Fiscal Quarter January 2025 Bright Scholar Education Holdings Limited Bright Scholar Education Holdings Limited Page Pag e 1 A Global Premier Education Service Company For The Future Bright Scholar, Bright Future. Bright Scholar Education Holdings Limited Page 2 Safe Harbor Statement This presentation contains forward-looking statements, including statements about the business outlook, strategy and market opportunity of Bright Scholar Educatio ...

Financial Data and Key Metrics - The company's financial and operational results for Q1 FY2025 were released and are available on the IR section of the website [3] - All financial numbers discussed are in GBP [5] Business Line Data and Key Metrics - No specific data provided in the content Market Data and Key Metrics - No specific data provided in the content Company Strategy and Industry Competition - No specific data provided in the content Management Commentary on Operating Environment and Future Outlook - The discussion includes forward-looking statements under the safe harbor provisions of the U S Private Securities Litigation Reform Act of 1995, indicating potential risks and uncertainties that may cause actual results to differ from current views [4] Other Important Information - The earnings press release and conference call include discussions of unaudited GAAP and non-GAAP financial measures, with a reconciliation of non-GAAP measures provided in the press release [5] Q&A Session Summary - No Q&A session details provided in the content

Core Viewpoint - Bright Scholar Education Holdings Limited reported its unaudited financial results for the first quarter of fiscal year 2025, showing a decrease in total revenue and significant reductions in SG&A expenses, while highlighting growth in the Overseas Study Counselling segment [1][7][8]. Financial Performance - Total revenue from continuing operations was GBP 44.7 million, down 16.1% from GBP 53.3 million in the same quarter last fiscal year [8][9]. - Revenue from the Schools segment was GBP 25.7 million, a decrease of 9.0% year-over-year [3][9]. - Overseas Study Counselling revenue increased by 5.8% year-over-year to GBP 9.6 million [8][9]. - Revenue from Other segments fell by 40.9% to GBP 9.4 million [3][10]. Cost Management - SG&A expenses decreased by 33.0% year-over-year to GBP 8.4 million, down from GBP 12.6 million [13]. - The cost of revenue from continuing operations was GBP 31.7 million, compared to GBP 35.4 million for the same quarter last fiscal year [11]. Profitability Metrics - Gross profit was GBP 13.0 million, with a gross margin of 29.2%, down from 33.5% in the same quarter last fiscal year [12]. - Operating income was GBP 4.8 million, with an operating margin of 10.7%, compared to GBP 6.3 million and 11.8% respectively in the prior year [14]. - Net income from continuing operations was GBP 4.0 million, down from GBP 5.0 million year-over-year [8][15]. Strategic Initiatives - The company initiated a share repurchase plan, authorizing up to US$1.2 million for the next 12 months, reflecting a commitment to enhancing shareholder value [25][26]. - Management emphasized a focus on operational efficiency and a "dual-engine" growth strategy to capture market opportunities [7]. Segment Reporting Changes - Effective from the first quarter of fiscal year 2025, the company updated its segment reporting to better align with strategic priorities, now categorizing operations into Schools, Overseas Study Counselling, and Others [4][24].

Core Points - Bright Scholar Education Holdings Limited will release its unaudited financial results for Q1 fiscal 2025 on January 24, 2025, before the US market opens [1] - The management will host an earnings conference call at 7:00 a.m. U.S. Eastern Time on January 24, 2025 [2] - A replay of the conference call will be available until January 31, 2025 [3] Company Overview - Bright Scholar is a global premier education service group that provides quality international education to students worldwide [3]

Core Viewpoint - Bright Scholar Education Holdings Limited has filed its annual report on Form 20-F for the fiscal year ended August 31, 2024, with the SEC on December 13, 2024 [1]. Group 1 - The annual report is accessible on the Company's investor relations website and the SEC's website [2]. - The Company offers a hard copy of its annual report containing audited consolidated financial statements free of charge to shareholders and American Depositary Share holders upon request [2]. - Bright Scholar is recognized as a premier global education service group, primarily providing quality international education to global students [3].

Corporate Structure and Operations - The company is incorporated in the Cayman Islands, benefiting from political and economic stability, an effective judicial system, and a favorable tax system[67]. - The majority of the company's operations are conducted in the United Kingdom and China, with significant assets located outside the United States[70]. - The company relies on contractual arrangements with VIEs for operations in China, which may not provide the same level of control as direct ownership[222]. - The company's ADSs represent shares of a Cayman Islands holding company, not shares of the VIEs or their subsidiaries in China, posing unique risks to investors[227]. - The revenue from the VIEs is critical for the company's financial performance, and any failure by the VIEs to perform their obligations could materially impact the company's financial position[223]. Regulatory Environment and Compliance - There are risks related to compliance with the Implementation Rules, which may adversely affect the company's business, financial condition, and results of operations[81]. - The company faces challenges in executing growth strategies and maintaining profitability due to regulatory uncertainties in China[81]. - The corporate structure may be challenged by extensive regulations over private education services in China, impacting control over affected entities[83]. - The company has not received any inquiries or objections from PRC authorities regarding previous securities issuance to foreign investors, but regulatory uncertainties remain[84]. - The company faces risks from potential changes in PRC laws and regulations that could limit its ability to engage in the private education business[89]. Financial Performance and Condition - As of August 31, 2024, the company reported net current liabilities of RMB338.6 million (US$47.7 million) for its continuing operations[122]. - The company generated net cash from operating activities of RMB126.4 million (US$17.8 million) for the 2024 fiscal year[122]. - The company may not achieve profitability in the future, particularly with schools at ramp-up stages operating at a loss[95]. - Increased costs and expenses associated with business expansion may hinder the company's ability to maintain positive cash flow and profitability[96]. - The discontinuation of operations related to affected entities has had a significant adverse impact on the company's financial condition and results of operations[102]. Growth and Expansion Challenges - The company anticipates challenges in expanding its school network and achieving rapid growth due to uncertainties in attracting students and hiring educational staff[93]. - The company may encounter difficulties in obtaining educational permits and business licenses for its learning centers[81]. - The company faces difficulties in obtaining necessary educational permits for its learning centers, which could lead to fines or operational suspensions[107]. - The evolving regulatory environment poses uncertainties regarding the company's ability to obtain or renew operating licenses for online education services[109]. - The company may need additional capital for future expansion, which could significantly change its leverage profile[125]. Market and Competitive Landscape - The declining birth rate worldwide may adversely affect the demand for private education, leading to reduced revenue and profitability[134]. - The company faces severe competition in the private education market, which may limit tuition increases and reduce profitability[155]. - The company may not be able to charge sufficient tuition levels to remain profitable, affecting its results of operations[145]. - Changes in international regulations and travel restrictions have negatively impacted international student enrollments, which could continue to affect operations[135]. - The company's ability to enroll and retain students is critical for continued success, and failure to do so could materially affect its business[133]. Risks and Liabilities - The company is subject to unknown or contingent liabilities related to acquired businesses, which may adversely affect its financial performance[121]. - The company faces risks of intellectual property infringement claims, which could lead to significant damages and impact financial condition[173][175]. - The company has limited insurance coverage, exposing it to various risks including business interruption and natural disasters, which could materially affect its financial condition and operations[186]. - The company faces potential material adverse tax consequences if the PRC tax authorities determine that contractual arrangements with VIEs are not conducted on an arm's-length basis, which could increase tax liabilities and reduce net income[235]. - If any of the VIEs goes bankrupt, the company may lose the ability to use and dispose of critical assets, adversely affecting business operations and financial condition[236]. Technology and Operational Efficiency - The centralized data management system is being refined to enhance efficiency; however, technical failures could disrupt operations and affect growth strategies[181]. - Upgrading technology infrastructure requires significant investment, and failures during upgrades could impair student experience and operational efficiency[183]. - The reliability of the platform depends on third-party providers; disruptions in services from these providers could negatively impact platform functionality[184]. - The company is subject to evolving privacy and data protection regulations, with potential penalties for non-compliance that could adversely affect business operations[177][180]. Management and Governance - Changes in senior management could disrupt operations; the company has experienced such changes in the 2023 and 2024 fiscal years, which may impact business continuity[169]. - The directors of the VIEs may have conflicts of interest and may not act in the best interests of the company, which could affect the enforcement of contractual obligations[232]. - The company has implemented measures to address historical control deficiencies, but there is no assurance that these will fully resolve the issues identified[200]. Economic and Political Factors - The ongoing political tensions between the United States and China could adversely affect the company's business and financial performance due to potential trade disruptions and investor confidence issues[191]. - Economic conditions in China significantly impact demand for the company's services, and any slowdown could adversely affect revenues[256]. - The PRC government has significant influence over the economy and may intervene in business operations, which could limit the company's ability to offer securities[255]. - The PRC government has increased regulatory oversight over overseas securities offerings, which may impact the company's ability to operate in China[262]. Taxation and Regulatory Changes - As of April 1, 2023, the income tax rate for subsidiaries in the United Kingdom increased from 19% to 25%, raising the company's tax burden[263]. - The PRC enterprise income tax law may classify the company as a PRC "resident enterprise," leading to unfavorable tax consequences for the company and its non-PRC shareholders[264].