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Nido Education (ASX: NDO)

Established in 2021, Nido Education Limited is a national organisation that owns, operates, and manages early childhood education and care facilities known as Nido Early School. Based in Australia, the Company provides education and care services for children ranging from six weeks to school age, prioritising a secure, nurturing, and serene environment. Alongside traditional education, Nido Education Ltd offers various activities aimed at promoting children’s well-being, including creative arts, meditation, mindfulness, yoga, and teaching self-regulation techniques. Additionally, the Company implements eco-friendly initiatives such as vegetable gardens, tree planting, and ongoing efforts to minimize its carbon footprint. Nido Education Ltd distinguishes itself by offering a range of enrichment activities like cooking, dance, language learning, music, sports, yoga, and other well-being opportunities, all designed to enhance each child’s experience. Emphasising play-based learning, the company acknowledges the significance of fostering communication skills, early literacy, numeracy, as well as social and emotional development.

Here are the latest articles on Nido Education (ASX: NDO)

Nido Education flags profit downgrade amid delays in new childcare centre openings

Cost-of-living pressures and the inflationary pressure on raw materials is having an impact on childcare operator Nido Education (ASX: NDO) which has forewarned that it is unlikely to meet the profit expectations for 2024 that were outlined in their IPO Prospectus when listing on the ASX in October 2023.  The childcare centre operator has cited

Nido secures $67m debt facility to boost acquisitions as ACCC cracks down on misuse of childcare subsidies

In the face of a mounting affordability crisis, childcare operators are being scrutinised for potentially exploiting government-mandated relief meant for struggling parents. However, regulatory changes could soon put an end to this. A parliamentary inquiry is set to delve into concerns about childcare centres hiking fees whenever subsidies increase. This move comes as Australian parents

IPO Watch: Nido Education eyes ASX debut with vision for 100 centres

Australia’s childcare industry is thriving, with revenue expected to reach $17.2 billion by 2028-29, according to market researcher IBISWorld, driven by government support and extended attendance hours in 2023.

Think Childcare acquire more centres, receives takeover offer

Early childhood education company Think Childcare (ASX: TNK) has added four news childcare centres to their network on the same day the operator has received a takeover offer at a notable premium on their share price. The takeover bid comes from private equity company Alceon Group at an indicative price price of 1.35 per share