Taaleem Holdings PJSC, a leading provider of K-12 premium education in the UAE, has released its financial and operational results for the first nine months of the 2024/25 academic year, showcasing impressive growth figures. The company reported operating revenues of AED 984.2 million, marking an 18.5% year-over-year increase. This robust performance is complemented by a 19.2% rise in enrolment at its premium schools, reflecting Taaleem's successful strategy in expanding its educational offerings and capacity.

Taaleem, which operates a portfolio of 12 premium schools and manages 26 schools under public-private partnerships in the UAE, has maintained its strong market position through strategic expansions and acquisitions. Notably, the company expanded its premium school capacity by 28.0% through the acquisition of LLFP Meydan and the launch of DBS Jumeira. This expansion supports a 19.2% year-over-year increase in enrolment, further solidifying Taaleem's commitment to providing quality education.

The financial highlights of the period include a net profit of AED 242.3 million, a 7.6% increase from the previous year, with a stable net profit margin of 24.6%. The company's EBITDA also saw an 11.8% year-over-year increase, reaching AED 378.9 million. Despite a slight decline in utilisation rates due to significant capacity expansion, Taaleem expects these figures to normalize as enrolment builds in the coming academic years.

In addition to its strong financial performance, Taaleem is making strategic moves to enter the early education segment. The acquisition of Kids First Group, a leading GCC nursery operator, is set to add 34 nurseries to Taaleem's portfolio, further diversifying its educational offerings. This move is expected to enhance Taaleem's market presence and provide a comprehensive educational pathway from early years to K-12.

Given Taaleem's strong financial performance, strategic expansions, and entry into new educational segments, the outlook for the company remains optimistic. Investors may consider a 'buy' recommendation, as the company's growth trajectory and strategic initiatives position it well for future success.