TOLEDO, Ohio, Aug. 26, 2025 /PRNewswire/ -- EpicQuest Education Group International Limited (NASDAQ: EEIQ), ("EpicQuest Education", "EEIQ" or the "Company"), a provider of higher education for domestic and international students in the US, Canada and the UK, today announced it has closed on its registered direct offering. The Company had entered into a securities purchase agreement with institutional investors for the purchase and sale of 5,068,494 ordinary shares at a purchase price of $0.73 per share.FT G ...

Q2 2025 Performance - New Enrollments increased by 42% in Q2 2025 as reported[27] - Total Enrollment increased by 6% in Q2 2025 as reported, reaching 472,000[27] - Revenue increased by 5% to $524 million in Q2 2025 as reported[27] - Adjusted EBITDA increased by 15% to $214 million in Q2 2025 as reported[27] - Adjusted EBITDA margin increased by 348 bps to 409% in Q2 2025 as reported[27] - Year-to-date New Enrollments increased 7% and Total Enrollments increased 6%[18] H1 2025 Performance - Revenue was $760 million, a decrease of 2% as reported, but an increase of 6% organically[30] - Adjusted EBITDA was $220 million, an increase of 1% as reported, but an increase of 9% organically[30] - Adjusted EBITDA margin was 289%, an increase of 83 bps as reported[30] Capitalization and Share Count - Cash & Cash Equivalents totaled $135 million as of June 30, 2025[43] - Net Cash was $19 million as of June 30, 2025[43] - $71 million of shares were repurchased in H1 2025[43] 2025 Outlook - Revenue growth is expected at 3%-4% on a USD reported basis, and 6%-7% on an organic constant currency basis[50] - Adjusted EBITDA growth is expected at 9%-10% on a USD reported basis, and 11%-13% on an organic constant currency basis[50] - The company increased full-year 2025 guidance by $55 million for Revenue and $16 million for Adjusted EBITDA due to strengthening of MXN and PEN currencies[18]

Core Viewpoint - The establishment of the Greater Bay Area University aims to enhance higher education and innovation in the Guangdong-Hong Kong-Macau Greater Bay Area, focusing on cultivating high-level innovative talents and aligning educational development with economic modernization [1][5][11]. Group 1: University Establishment and Structure - The Greater Bay Area University is a public high-level research university initiated by the Guangdong provincial government and the Dongguan municipal government, with construction starting in 2021 and the first campus expected to be completed by 2024 [1][6][7]. - The university will have two campuses: the Songshan Lake campus and the Binhai Bay campus, with a total investment of approximately 10 billion yuan and a total area of 2,356 acres [6][9]. - The university plans to enroll 10,000 undergraduate students by 2030, with a balanced ratio of undergraduate to graduate students [1][5]. Group 2: Academic Programs and Collaboration - The initial undergraduate programs include Mathematics, Physics, Computer Science, Materials Science, and Industrial Engineering, with a flexible major selection process for students [2][3]. - The university has established partnerships with several prestigious institutions for joint training of over 100 master's and doctoral students, enhancing its academic collaboration [2][12]. - The focus will be on six key areas: material science, advanced engineering, life sciences, information science and technology, mathematics, and financial management, to meet the demands of future technological innovation [9][11]. Group 3: Research and Development Focus - The university aims to conduct cutting-edge research aligned with industry needs, fostering collaboration between education, technology, and talent development [9][11]. - It has established research centers and platforms in various fields, including intelligent computing and robotics, to support innovative research and development [12][13]. - The university's approach emphasizes international perspectives in talent cultivation, with over 96% of faculty having overseas experience [12][15]. Group 4: Talent Recruitment and Development - The university is actively recruiting high-caliber faculty, offering competitive compensation and long-term career development plans to attract talent [13][15]. - Recruitment efforts include participation in talent fairs and partnerships with leading tech companies to ensure alignment with local industry needs [13][14]. - The focus on high-level talent recruitment is aimed at building a strong faculty team that can drive innovation and research excellence [13][15].