{"id":675725,"date":"2025-11-18T00:00:00","date_gmt":"2025-11-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/18\/cira-education-sees-net-income-jump-fivefold-during-fy-24-25\/"},"modified":"2025-11-18T00:00:00","modified_gmt":"2025-11-18T00:00:00","slug":"cira-education-sees-net-income-jump-fivefold-during-fy-24-25","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/18\/cira-education-sees-net-income-jump-fivefold-during-fy-24-25\/","title":{"rendered":"CIRA Education sees net income jump fivefold during FY 24-25"},"content":{"rendered":"

Our friends at CIRA Education reported a near five<\/font>fold y-o-y increase in normalized <\/strong>net income<\/strong> during the fiscal year 2024-2025 to EGP 295.7 mn, according to the EGX-listed education services provider\u2019s latest earnings release (pdf)<\/a>. The jump was supported by a 41% y-o-y increase in revenue during the period to EGP 3.9 bn, driven by continued growth in student enrollment.<\/p>\n

(Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n

Driving the growth:<\/strong> Tuition fees \u2014 which represented 91.7% of CIRA\u2019s total revenues \u2014 rose 40% y-o-y to EGP 3.5 bn during the year. Higher education remained the main growth driver, with revenues climbing 49% y-o-y to EGP 2.7 bn, backed by \u201cstrong demand at Badr University campuses in Cairo and Assiut, along with contributions from Saxony Egypt University.\u201d The K-12 segment generated EGP 1.2 bn in revenues, up 25% y-o-y, as student numbers rose to 35.6k with a record 94% utilization rate. The nursery segment also expanded, with student enrollment growing 28% y-o-y to 852.<\/p>\n

What they said:<\/strong> \u201cFY 2024-25 stands as a landmark year for CIRA Education, one that will be remembered for its scale of achievement, resilience, and transformative direction. Despite one of the most challenging operating environments in recent history, CIRA delivered exceptional results,\u201d CEO Mohamed El Kalla said.<\/p>\n

CORRECTION-<\/strong> In the original version of this story, we incorrectly said CIRA's net income increased fourfold. In fact, net income was up nearly fivefold \u2014 385% to be precise. We have amended the story.<\/p>\n","protected":false},"excerpt":{"rendered":"

Revenues jumped 41% y-o-y during the 12-month period<\/p>\n","protected":false},"author":1,"featured_media":675726,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7208],"tags":[402,302,409,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-675725","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-watch","tag-cira-education","tag-earnings","tag-earnings-watch","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"95d8ec47-485f-449f-a912-7f73dab2f5cc","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/8\/536.jpg","photo_position":"above","homepage_title":"","full_issue_title":"CIRA Education sees net income jump fivefold during FY 24-25","related_issue":[675709],"teaser":"Revenues jumped 41% y-o-y during the 12-month period","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.514acd7e-df44-418b-8768-e75c63aabcb3.mp3"},"yoast_head":"\nCIRA Education sees net income jump fivefold during FY 24-25 - 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CIRA Education\u2019s fiscal year runs from September-August. 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