Revenue was at $31.8 million up 2% y-o-y from $31.1 million in 1HFY2021. This is in light of an overall increase in school fees, royalty revenue and childcare enrolment services income for the financial period. This was offset by an $800,000 decrease, attributable to the translation of MindChamps’ Australian operations upon the depreciation of the Australian dollar against the Singapore dollar in 1HFY2022.
For the 1HFY2022 ended June, MindChamps saw $1.5 million in earnings, 7.3 times higher than the $203,000 reported in 1HFY2021.
Earnings per share for 1HFY2022 stood at 62 cents, up from 8 cents for 1HFY2021.
