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icollege ltd (ICT) Snapshot

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icollege ltd (ICT) Details

iCollege Limited provides vocational education and training solutions in Australia and internationally. The company offers training to develop skills and knowledge required to gain employment or advance careers in various industry sectors, including construction, nursing, disability, hospitality, business, English language, and health and fitness. It serves workers, job seekers, and school leavers through seven campuses in Sydney, Brisbane, Gold Coast, Perth, Adelaide, and Canberra. The company is based in Subiaco, Australia.

icollege ltd (ICT) Top Compensated Officers

MD & Director
Total Annual Compensation: A$67.9K
CFO & Executive Director
Total Annual Compensation: A$153.9K
Compensation as of Fiscal Year 2018.
icollege ltd
iCollege Signs Preferred Provider Agreement with Allianz

iCollege announced the development of a co-branded OSHC insurance product with Allianz Worldwide. In addition to the co-branded product, iCollege is now recognised by Allianz as a preferred provider of OHSC for Australian visa subclass- 500. This is an exciting step in the development of ancillary services for increasing international student cohort. The agreement provides for ongoing commission payments along with lump sum payments against achieved milestones. The co-branded product will be offered to iCollege's international agents, existing students and new students.

iCollege Limited, Annual General Meeting, Nov 29, 2018

iCollege Limited, Annual General Meeting, Nov 29, 2018, at 10:01 E. Australia Standard Time. Location: Ord Minnett, Level 8, NAB House 255 George Street Sydney New South Wales Australia Agenda: Too consider Annual Report of the Company for the financial year ended 30 June 2018; to consider approval of remuneration report; to consider election of Badri Gosavi as Director; to consider ratification of prior issue of Placement Shares; to consider approval of issue of shares to a director Simon Tolhurst; to consider approval of 10% Placement Facility; to consider ratification of prior issue of lead manager options to Rexroth Holdings Pty Ltd, CPS Capital Investments Pty Ltd and J & M Hunter Investments Pty Ltd, CIBAW Pty Ltd; to consider Issue of Director Shares in lieu of Director Fees to Simon Tolhurst; and to consider re-election of Simon Tolhurst as Director.

iCollege Limited Announces Unaudited Consolidated Earnings Results for the Year Ended June 30, 2018

iCollege Limited announced unaudited consolidated earnings results for the year ended June 30, 2018. For the period, the company reported revenue from customers was AUD 3,108,910 against AUD 2,041,838 a year ago. Loss before income tax was AUD 3,281,246 against AUD 3,517,042 a year ago. Loss after income tax attributable to members of iCollege Limited was AUD 3,281,246 against AUD 3,268,758 a year ago. Basic loss per share was 1.11 cents against 2.11 cents a year ago. Net cash flows used in operating activities was AUD 633,992 against AUD 2,429,441 a year ago. Payments for property, plant & equipment was AUD 8,968.


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