AIM:MLVN · Consumer Discretionary · International education services (university pathway/higher education recruitment partnerships and English language teaching/summer camps)

Malvern International plc

Malvern International Plc is a UK-based global education provider operating two divisions: Higher Education/University Pathways (international student recruitment, admissions, pre-degree foundation and pathway programmes delivered in partnership with UK universities) and English Language Teaching (short-term Junior English-language summer camps/young learner programmes, trading as Language in Action, plus a legacy Adult ELT business that was exited in February 2026). The Group changed its financial year-end from 31 December to 30 September during the period, so this report covers a nine-month transition period to 30 September 2025.

Export the Malvern International plc factsheetfree account Open the FY2025 report

Share price and financials

11.5p at close on 16 Oct 2026 · 11 reported years, FY2015–FY2025

Years in viewFY2015 – FY2026

16 Oct 202611.5p−94.3% since 4 Jan 2016 82k traded

11.5p

Line	FY2015locked	FY2016locked	FY2017locked	FY2018locked	FY2019locked	FY2020locked	FY2021locked	FY2022locked	FY202412/24	FY202509/25
Revenue	16.7	19.4	21.2	8.2	16.8	19.9	21.3	20.8
Gross profit	5.4	7.8	6.3	7.7	7.2	8.3	6.0	4.7
Operating profit	0.48	0.50	0.32	0.27	0.45	0.47	0.51	0.42
Adjusted operating profit	0.20	0.34	0.26	0.33	0.31	0.46	0.24	0.49
Exceptional items	0.57	0.73	0.37	0.36	0.84	0.69	0.77	0.71
Net finance cost	0.24	0.33	0.28	0.15	0.26	0.28	0.33	0.37
Profit before tax	(0.64)	(0.39)	(0.43)	(0.32)	(0.44)	(0.34)	(0.62)	(0.52)
Adjusted profit before tax	0.10	0.10	0.12	0.14	0.15	0.08	0.13	0.13
Tax charge	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Profit for the year	(0.54)	(0.63)	(0.60)	(0.44)	(0.71)	(0.50)	(0.39)	(0.36)
EBITDA	0.40	0.69	0.45	0.35	0.88	0.73	0.77	0.67
Adjusted minus statutory PBT	0.61	0.80	0.52	0.59	0.35	0.59	0.68	0.65
Basic EPS	(1.52p)	(1.43p)	(1.30p)	(2.31p)	(1.81p)	(2.85p)	(2.02p)	(2.06p)
Diluted EPS	(2.09p)	(2.92p)	(2.03p)	(3.03p)	(2.31p)	(1.32p)	(1.67p)	(2.44p)
Adjusted EPS	0.31p	0.73p	0.36p	0.32p	0.57p	0.28p	0.46p	0.47p
Dividend per share	0.00p	0.00p	0.00p	0.00p	0.00p	0.00p	0.00p	0.00p	—	—

GBP millions, negatives in brackets. Per-share lines in pence. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.

2 figures

3 years, at a glance

GBP · %

Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.

FY2025Revenue£15.3mOperating margin−6.6%