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LONDON - Malvern International plc (AIM:MLVN), a global learning and skills development company, announced Thursday it will change its financial reporting date from December 31 to September 30.
The company will release its interim results for the six months ended June 30, 2025, on September 30, 2025, according to a press release statement.
As a result of this change, the current financial year will be shortened to nine months, ending September 30, 2025. Malvern plans to publish audited final results for this nine-month period by March 31, 2026.
The company cited several operational reasons for the change. The new reporting calendar will align with the UK university academic year, allowing for clearer assessment of the company’s University Partnerships division. With most university students beginning their studies in September, the company expects to have greater clarity on final student intake at its financial year end.
Additionally, the change will prevent the division of Junior ELT (English Language Teaching) peak season revenues between reporting periods, as these activities primarily occur in July and August with some revenue collection in September.
"The rapid growth of University Partnerships has made the challenge of maintaining a December year-end more pronounced, as our business model increasingly aligns with the academic year," said Mark Elliott, Chairman of Malvern, in the statement.
Following the transition, Malvern will publish unaudited interim results for the six months ended March 31, 2026, by June 30, 2026, and audited final results for the 12 months ended September 30, 2026, by March 31, 2027.
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