Academies Australasia Group Limited provided earnings guidance for the year ended June 30, 2018. For the year, the company expects earnings before tax to be $6.014 million as compared to $4.306 million a year ago. Earnings before interest, tax, depreciation and amortization was expected to be $7.350 million as compared to $6.439 million a year ago. Total revenue was expected to be $61.148 million as compared to $58.443 million a year ago. Net cash was expected to be $12.968 million as compared to $9.620 million a year ago. The results for fiscal year 2017 and fiscal year 2018 include income from the holding/sale of shares in RedHill Education Limited. Adjusting for this income, fiscal year 2018 earnings before tax were $1.127 million or 34% better than that in fiscal year 2017, while earnings before interest, tax, depreciation and amortisation were $0.3 million or 6% better than in fiscal year 2017.