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MIDDLETOWN, Ohio - EpicQuest Education Group International Limited (NASDAQ: EEIQ), an education company showing impressive revenue growth of 43% in the last twelve months and maintaining strong gross profit margins of 65%, has announced a new partnership aimed at expanding its student recruitment efforts. According to InvestingPro analysis, the company currently trades below its Fair Value, suggesting potential upside for investors looking at the education sector. On May 1, 2025, the company’s Davis University entered an exclusive agency agreement with MSM Unify to target prospective students from Africa and the Middle East for its on-campus degree programs.
This initiative is part of EpicQuest Education’s strategic growth plan, focusing on internationalization and providing globalized learning opportunities. The collaboration with MSM Unify, known for its extensive student recruiting services, is expected to bring a more diverse student body to Davis University, enhancing the campus learning environment and preparing students for success in the global job market. While the company’s stock has gained over 14% in the past week, InvestingPro subscribers have access to 8 additional key insights about EEIQ’s financial health and market position.
MSM Unify’s approach includes application assistance, study permits, visa support, and data-driven recruiting to better understand student preferences. With a presence in various regions, including South Asia, Southeast Asia, Africa, and Latin America, MSM Unify connects students with educational institutions worldwide.
Jianbo Zhang, CEO of EpicQuest Education, expressed optimism about the partnership’s potential to increase enrollment and foster a diverse learning community. Sanjay Laul, Founder of MSM Group, echoed these sentiments, emphasizing the shared values of both organizations in promoting global inclusivity and student success.
The agreement stipulates that Davis University will consider applicants from these regions for admission to its associate and bachelor’s degree programs, provided they meet the academic and English language proficiency requirements.
EpicQuest Education operates EduGlobal University in Canada and holds a 70% ownership of Ohio-based Davis University. The company also maintains recruiting relationships with other educational institutions, including the University of the West of Scotland and Coventry University in the UK.
This press release contains forward-looking statements regarding the expected number of students the agreement may enroll. However, such statements involve risks and uncertainties that could cause actual results to differ materially. InvestingPro data reveals some financial challenges, including negative free cash flow and a current ratio of 0.44, indicating potential liquidity concerns that investors should monitor.
The information in this article is based on a press release statement from EpicQuest Education Group International Limited.
In other recent news, EpicQuest Education Group International Limited has announced a strategic partnership with South China University of Technology to establish a new foundational program on its University Town Campus in Guangzhou, China. This initiative is part of EpicQuest Education’s growth plan to enhance internationalization and provide students with pathways to university degrees in North America. The two-year program will enable students to transfer credits to Davis University in Toledo, Ohio, completing their bachelor’s degrees. This collaboration is expected to generate significant revenue for EpicQuest Education, complementing its income from institutions in the US and Canada.
CEO Jianbo Zhang emphasized the importance of offering diverse academic options for students to fulfill their career goals. The program at South China University of Technology, known for its engineering excellence, is the third foundational program EpicQuest has established in China. The inaugural class, expected to consist of approximately 120 students, is set to begin in Fall 2025, with enrollment likely to increase following China’s national entrance examination in June 2025. EpicQuest Education’s revenue streams are diversified, including international students in North America, students in foundational programs, domestic students, and student services. This partnership supports the company’s mission to position itself as a global higher education service provider.
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