Crimson revenue up 45%, co-founder sells down

Jamie Beaton's Crimson Education has boosted revenue this half.

Thu, 17 Jun 2021

Jamie Beaton’s Crimson Education has told investors it posted $41.36 million in revenue in the six months to April 2021, a 45% improvement on the same six months in the prior year.According to draft statements sent to investors in the education firm’s latest update, earnings before interest, tax, depreciation and amortisation also improved from a loss of $8.53m to $6.06m. Crimson is not required to report publicly, but the figures come from an investor update obtained by BusinessDesk for the period Feb 1 to April 30.The educat...

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