Keypath Education (ASX: KED)

The global healthcare workforce is set to experience a squeeze, as the WHO estimates 10 million fewer workers by 2030. Lack of funding, disproportionate migration and low wages are just some of the reasons. This is a worrying picture, especially following the Covid-19 pandemic.  One company working towards remedying this is the global EdTech provider

While the pandemic presented challenges in face-to-face education, it also spurred the adoption of online learning as the new norm. Universities and education providers embraced digital learning as a profitable long-term solution, benefiting companies like edtech provider Keypath Education (ASX: KED). In FY23, the Company recorded a revenue of US$124.2 million, 4.9% higher than FY22

While Australian education providers are reeling financially in the wake of the pandemic-forced mass exodus of international students, US-based education provider Keypath Education International (ASX: KED) has not had such problems, boosting revenue by 37%.  Although based out of the United States, Keypath’s increased revenue has been attributed to its international expansion where it has