Academies Australasia Group Limited reported that unaudited preliminary results for fiscal year 2015. Revenue increased from $40.5 million in fiscal 2014 to $58.0 million in fiscal 2015, an increase of 43%. Most of the increase came from acquisitions made in fiscal 2014 and fiscal 2015.

Earnings before interest, taxation, depreciation and amortisation (EBITDA) for fiscal 2015 is expected to be $2.3 million compared to $5.6 million for fiscal 2014.