MANILA â STI Education Systems Holdings, Inc. (STI Holdings), owner of the countryâs largest network of private schools, posted a 45% increase in net income to P1.62 billion in the nine-month period ended March 31, 2025, from P1.12 billion in the same period last year.
The significant net income hike was mainly driven by higher enrollment numbers due to strong demand for the quality education offered by subsidiaries STI Education Services Group (STI ESG), STI West Negros University (STI WNU), and iACADEMY.
In the three quarters from July 2024 to March 2025, revenues soared 23% to P4.14 billion, from P3.35 billion in the same period the year before.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) jumped to P2.34 billion, reflecting an increase of P577.0 million from the previous yearâs P1.77 billion.
From January to March 2025, revenues grew 8% to P1.51 billion, P114.4 million higher than the P1.39 billion posted in the same period in 2024. Net income also increased to P706.6 million, an 18% improvement from the P600.3 million recorded in the prior year.
STI Holdings attributed this growth to the remarkable expansion of the student population to 138,060 in SY 2024-2025, 15% higher than the enrollment of 119,543 in SY 2023-2024.
Operating income for the three months ended March 31, 2025 reached P774.4 million, growing 18% from last yearâs P658.8 million in the same period, buoyed by improved operational performance and effective cost management.
STI Holdingsâ financial year aligns with its academic calendar, which begins on July 1 and ends on June 30 of the following year.
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STI Education Systems Holdings, Inc. (STI Holdings) has three subsidiaries involved in education: the STI Education Services Group (ST ESG), STI West Negros University (STI WNU), and iACADEMY.
STI ESG offers associate and baccalaureate degrees and technical-vocational programs in the fields of Information and Communications Technology, Business and Management, Hospitality Management, Tourism Management, Arts and Sciences, Engineering, Education, Psychology and Criminology. It also offers junior and senior high school.
STI WNU offers programs and courses ranging from pre-elementary to graduate levels. Founded on February 14, 1948, STI WNU was granted its university status by the Commission on Higher Education on February 11, 2008. It was granted Autonomous status by CHED on September 16, 2024. STI West Negros University is located at the heart of Bacolod City.
iACADEMY is the premier school in the group offering specialized programs in senior high school and college that are centered on Computing, Business, and Design. It is known for its strong industry partnerships and non-traditional programs such as Software Engineering, Game Development, Web Development, Real Estate Management, Animation, Multimedia Arts and Design, Music Production and Sound Design, Film and Visual Effects, and Data Science. iACADEMY also offers programs in Accountancy, Marketing Management, Psychology. On March 10, 2025, iACADEMY received approval from CHED to offer BS Digital Media Management, the first of its kind in the Philippines. iACADEMY officially launched the program on April 26, 2025.