ACADNasdaq StockholmConsumer DiscretionaryIFRS · SEK

AcadeMedia

AcadeMedia is Europe's largest education provider, offering a comprehensive range of educational services from preschool to adult education. The company operates over 900 units across several countries, including Sweden, Germany, Norway, Finland, and the Netherlands. AcadeMedia is focused on providing high-quality education through a variety of brands and educational concepts, catering to diverse learning needs. The company is also expanding its international presence, particularly in Germany, to achieve its strategic goal of having 50% of its operations outside of Sweden.

Revenue5,231m SEK
−72.5 %y/y
Operating profit (EBIT)125m SEK
−91.6 %y/y
EBIT margin2.4%
−5.4 ppy/y
Net income821m SEK
+0.0 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

05101520bn SEK2020: 13.3 bn SEK2020: EBIT 1.2 bn SEK20202021: 14.3 bn SEK2021: EBIT 1.2 bn SEK20212022: 15.5 bn SEK2022: EBIT 1.3 bn SEK20222023: 17.3 bn SEK2023: EBIT 1.5 bn SEK20232024: 19.0 bn SEK2024: EBIT 1.5 bn SEK20242025: 5.2 bn SEK2025: EBIT 0.13 bn SEK20255.20.13
RevenueOperating profit (EBIT)

Business

Share of revenue
Preschool and International Operations37 %

Includes preschools and international education services.

Compulsory Schools23 %

Provides compulsory education in Sweden.

Upper Secondary Schools30 %

Offers upper secondary education with academic and vocational programs.

Adult Education9 %

Offers adult education and vocational training services.

Customers

AcadeMedia serves a diverse range of customers, including children, students, and adults seeking educational services. In Sweden, the company operates compulsory and upper secondary schools funded by the school voucher system, attracting families looking for quality education options. Adult education services cater to individuals seeking vocational training and skill development, often funded by public agencies. The preschool segment is expanding in Germany, serving families with young children in need of early childhood education. AcadeMedia's international operations aim to attract students and educational institutions looking for collaborative opportunities.

Swedish Families

Seeking quality compulsory and upper secondary education for their children.

Adult Learners

Looking for vocational training and skill development opportunities.

German Families

In need of preschool education services for young children.

Public Agencies

Funding adult education and vocational training programs.

Strategy

AcadeMedia's strategic priorities include expanding its international presence, particularly in Germany, and enhancing the quality of its educational offerings. The company aims to achieve 50% of its operations outside Sweden by focusing on preschool expansion and international collaborations. AcadeMedia is committed to maintaining high educational standards through targeted staff development and innovative teaching methods. The company also seeks to leverage its decentralized business model to drive profitable growth through new establishments and acquisitions. Long-term sustainability and strategic skills supply are key components of its strategy.

International ExpansionMedium term

To achieve 50% of operations outside Sweden.

Educational QualityShort term

To maintain leadership in learning.

SustainabilityLong term

To build a robust and sustainable organization.

Geography

AcadeMedia operates primarily in Sweden, with significant expansion in Germany, Norway, Finland, and the Netherlands. The company has a strategic focus on increasing its international presence, particularly in Germany, where it aims to operate 200 preschools. This geographic diversification helps mitigate risks associated with local market fluctuations and regulatory changes. AcadeMedia's operations are supported by a decentralized business model, allowing for regional adaptation and growth. The company's international strategy is aimed at achieving 50% of its business outside of Sweden.

Risks

AcadeMedia faces several risks, including operational risks related to staff supply and contract management, and external risks such as political and regulatory changes. The company is also exposed to financial risks, including liquidity and interest rate fluctuations. Geographic expansion introduces risks related to market entry and cultural adaptation. Additionally, the education sector is subject to changes in public funding and demographic shifts, which can impact demand for educational services. AcadeMedia's risk management strategy involves decentralization and systematic quality management to mitigate these risks.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Political and Regulatory Changes1Staff Supply Challenges2Liquidity and Interest Rate Fluctuations3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Political and Regulatory ChangesImpact: HighLikelihood: Medium

    Can affect operations and funding.

  2. Staff Supply ChallengesImpact: MediumLikelihood: Medium

    Affects ability to deliver quality education.

  3. Liquidity and Interest Rate FluctuationsImpact: MediumLikelihood: Low

    Impact financial stability.

Accounting

Judgemental items
Revenue Recognition Timing

Affects when revenue is reported.

Impact: Significant on quarterly results

Lease Accounting (IFRS 16)

Impacts liabilities and right-of-use assets.

Impact: Material on balance sheet

Seasonal Variations

Affect revenue and cost comparability.

Impact: Significant on half-year results

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026