Stadio Holdings Pty Ltd.

Stadio Holdings Pty Ltd.

JJSE:SDO
1,560.00
ZAC
-58.00
(-3.58%)
1.01TMarket Cap
Mar 15Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.08
0.09
0.09
0.21
0.78
1
1.13
1.3
1.43
1.66
1.9
2.17
- -
Basic EPS, GAAP
0.01
0.01
0.02
-0.01
0.08
0.09
-0.15
0.15
0.2
0.25
0.31
0.39
- -
Free Cash Flow per Basic Share
0.01
0.02
-0.13
-0.47
0.02
-0.05
0.11
0.01
0.16
0.22
0.29
0.15
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
0.05
0.09
0.1
0.15
- -
Book Value per Share
0.02
0.03
0.14
1.76
2.02
1.92
1.78
1.95
2.08
2.12
2.31
2.45
2.46
Tangible Book Value per Share
0.02
0.02
0.01
1.1
0.85
0.75
0.68
0.88
1.03
1.05
1.22
1.34
1.34
Basic Weighted Avg Shares
407
407
496
576
811
818
824
845
849
849
847
849
848
Sales/Revenue/Turnover
32
39
46
122
633
815
933
1,098
1,214
1,414
1,612
1,841
- -
Operating Margin (%)
21.33
17.01
14.81
-10.43
13.56
15.53
19.82
21.31
22.92
21.61
23.13
24.95
- -
Depreciation Expense
1
1
2
10
34
61
65
67
68
70
71
82
- -
Net Income, GAAP
6
5
7
-7
63
70
-120
126
166
208
262
328
- -
Effective Tax Rate (%)
28
28
27.99
- -
31.82
34.39
- -
31.51
30.86
27.09
27.78
28.52
- -
Profit Margin (%)
17.29
13.73
16.43
-5.76
10
8.56
-12.84
11.48
13.65
14.73
16.25
17.79
- -
Working Capital
9
9
-64
446
229
31
-19
-33
91
41
160
54
40
LT Debt
- -
- -
- -
4
13
202
180
149
127
80
80
106
230
Total Equity
13
19
84
1,415
1,697
1,583
1,486
1,751
1,882
1,862
2,024
2,145
2,145
Return on Invested Capital (%)
- -
29.71
0.55
- -
3.66
4.79
- -
7.69
9.62
11.38
12.89
14.5
- -
Return on Capital (%)
- -
33.29
4.77
- -
3.31
3.91
- -
7.06
7.88
9.55
12.67
14.37
- -
Return on Common Equity (%)
- -
33.31
14.56
-0.96
4.17
4.34
-7.82
8.01
9.67
11.68
13.96
16.25
- -

Capital Structure

ZAR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
33
145
28
LT Borrowings
53
- -
120
LT Finance Leases
113
106
110
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
850
846
845
Market Capitalization
7,435
11,249
10,140

Working Capital

ZAR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
525
401
491
Cash, Cash Equivalents & STI
215
154
150
Accounts Receivable, Net
298
228
333
Inventories
- -
- -
- -
Total Current Liabilities
413
347
450
Payables & Accruals
- -
- -
- -
ST Debt
33
145
28
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
197.99%
7.79%
6%
Free Cash Flow
23.02%
322.93%
-48.74%
Net Income, GAAP
-151%
-19.45%
25.04%
Sales/Revenue/Turnover
72.06%
14.59%
14.23%
Total Cash Common Dividend
- -
- -
51.87%

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,612
2025
- -
- -
1,841
2026
- -
- -
- -

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.31
2025
- -
- -
0.39
2026
- -
- -
- -

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.1
2025
- -
- -
0.15
2026
- -
- -
- -

Company Description

CEO
Christian Phillipus David Vorster
Full Time Employees
1,290
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
The Village Square Cape Town WC South Africa 7550
IPO Date
Oct 3, 2017
Business
Stadio Holdings Limited (SDO.JO) is an investment holding company focused on the South African higher education sector, providing access to post-school education and training through ownership stakes in multiple tertiary institutions. The company offers a range of academic programs including diplomas, degrees, and short courses in fields such as commerce, information technology, engineering, health sciences, and humanities; its portfolio encompasses brands like the Boston City Campus & Business College, which delivers distance and contact learning options, and MANCOSA, specializing in online postgraduate and undergraduate business qualifications. Stadio operates primarily in South Africa, with additional presence in select African markets through its subsidiaries, and maintains its headquarters in Johannesburg, where it was founded in 2016 following a demerger from Curro Holdings. The company's core services include student enrollment management, academic support, online learning platforms, and skills development initiatives targeted at working professionals, youth, and corporate clients seeking vocational and professional qualifications. Geographically, Stadio's operations span urban centers like Johannesburg, Cape Town, Durban, and Pretoria, with expansion into Mauritius via MANCOSA's international offerings. In recent developments, Stadio has pursued strategic growth through acquisitions, including the 2023 purchase of additional stakes in its higher education brands to consolidate market position, alongside a R500 million rights offer in 2024 to fund expansion amid rising student demand. The company launched new online short learning programs in digital marketing and project management in early 2025, enhancing its service portfolio; it also formed partnerships with industry bodies for work-integrated learning, reflecting a shift toward blended learning models post-pandemic. These initiatives support Stadio's focus on scalable, technology-driven education delivery in a competitive landscape.