Education provider Taaleem recorded a bottom line of AED 68.2 mn in 1Q 2024-25, up 46.3% y-o-y, according to the company’s earnings release (pdf). Operating revenues grew 14.8% y-o-y to AED 306.1 mn, driven by a 12.3% rise in enrollment and a 3% uptick in premium schools’ average gross tuition fees. The company’s fiscal year starts in September.

Taaleem’s public-private partnership schools recorded an 8.1% y-o-y rise in enrolment during 1Q 2024-25, driven by the expansion of three Dubai School campuses and the addition of a new Charter School in Abu Dhabi, collectively adding 8.6k seats. Premium schools under Taaleem’s portfolio saw an 18.7% y-o-y increase in enrolment, with capacity rising 28% during the period following the launch of DBS Jumeira and the acquisition of LLFP Meydan.

Taleem has three more schools in the pipeline: Taaleem is set to open its new school Dubai British School Mira by September this year, following the launch of Dubai British School Jumeira last August. The company is currently building two premium schools, targeting “a niche audience,” the statement reads.

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