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STI Education Systems Holdings, Inc., owner of the country’s largest network of private schools, posted a 45% increase in net income to P1.62 billion in the nine-month period ended March 31, 2025, from P1.12 billion in the same period last year. The significant net income hike was mainly driven by higher enrollment numbers due to strong demand for the quality education offered by subsidiaries STI Education Services Group (STI ESG), STI West Negros University (STI WNU), and iACADEMY.
In the three quarters from July 2024 to March 2025, revenues soared 23% to P4.14 billion, from P3.35 billion in the same period the year before. Earnings before interest, taxes, depreciation, and amortization (EBITDA) jumped to P2.34 billion, reflecting an increase of P577.0 million from the previous year's P1.77 billion. From January to March 2025, revenues grew 8% to P1.51 billion, P114.4 million higher than the P1.39 billion posted in the same period in 2024. Net income also increased to P706.6 million, an 18% improvement from the P600.3 million recorded in the prior year. STI Holdings attributed this growth to the remarkable expansion of the student population to 138,060 in SY 2024-2025, 15% higher than the enrollment of 119,543 in SY 2023-2024. Operating income for the three months ended March 31, 2025 reached P774.4 million, growing 18% from last year's P658.8 million in the same period, buoyed by improved operational performance and effective cost management. STI Holdings' financial year aligns with its academic calendar, which begins on July 1 and ends on June 30 of the following year. STI Holdings currently operates a comprehensive education network in the Philippines through its three subsidiaries—STI Education Services Group (STI ESG), STI West Negros University (STI WNU), and iACADEMY. These institutions collectively offer a wide range of programs, from pre-elementary education to postgraduate studies, catering to thousands of students nationwide. STI ESG, with its 63 campuses nationwide, has a total capacity of 146,585 students. Originally focused on IT education, STI ESG has expanded its offerings to include Business, Hospitality, Tourism, Psychology, and Criminology degree programs. It also offers Junior and Senior High School programs, ensuring comprehensive educational pathways for students. STI WNU, based in Bacolod City, provides programs ranging from pre-elementary to postgraduate levels and can accommodate up to 15,000 students. Its state-of-the-art facilities include the newly completed School of Basic Education building, designed to support its growing student population. Meanwhile, iACADEMY, known for its innovation and strong industry partnerships, specializes in arts, computing, and design programs. Its newly established Cebu campus, launched in 2023, has extended its reach to students in the Visayas region. |
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BLOGGER Hi, I'm Ralph Gregore Masalihit! An RFP Graduate (Registered Financial Planner Institute - Philippines). A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy). Currently, I'm working my way toward time and financial freedom. Follow me on FACEBOOK x PLACE YOUR ADS HERE PLACE YOUR ADS HERE Categories
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