Annual Report 2017 - IDP Education Ltd

Annual Report 2017

IDP Education A globally connected community

A globally connected community

IDP is a global leader in international education. We help international students study in English-speaking countries. Our success comes from connecting students with the right course at the right institution in the right country.

We've been operating for almost 50 years, creating a network of opportunity with offices in more than 30 countries.

We are also a proud co-owner of IELTS, the world's most popular high-stakes English language test, and an operator of 10 English language teaching campuses across South East Asia.

IDP is a living network of students, clients, services, alumni and employers.

Together, we are working together around the world to help our students connect to success.

Contents

Annual highlights Our strategic vision Chairman's letter CEO's review

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Student placement services

8

2

English language testing

10

4

English language teaching

12

6

Board of Directors

14

IDP Education Limited Annual Report 2017

Annual highlights

Student placement services

FY17 revenue

$103.4m

Highlights ? IDP students gained entry into more than 34,500

courses at leading universities and education providers in English-speaking countries ? Strong increase in the number of students studying in Canada and UK, with course volumes up by 127% and 26% respectively compared to FY16

English language testing

FY17 revenue

$250.7m

Highlights ? More than 909,800 tests taken at IDP IELTS

test locations around the world ? IDP expanded its network to Nepal, Japan,

Greece, Germany and Cyprus

English language teaching

FY17 revenue

$21.2m

Highlights ? More than 76,000 English language courses

delivered to students across Cambodia, Thailand and Vietnam ? Continued to lead the market in Cambodia with ACE operating the only Certificate in English Language Teaching to Adults (CELTA) Training Centre in the country

Please note: Additional revenue stream of Events and Advertising is not represented above.

1

Our strategic vision

Our vision is to build a global platform and connected community to guide international students along their journey to achieve their lifelong learning and career aspirations.

IDP Education Limited Annual Report 2017

Key FY17 initiatives

Expanding and reinforcing our core strengths

IDP continued to deliver its organic growth strategy. Our physical office network expanded to more than 100 offices across 33 countries. This was driven by the opening of six new offices in India. In June IDP announced a minority holding in HCP, a China-based company with large online communities of students with global ambitions. This is aimed at increasing the student pipeline in the key market of China.

Foundations for a global platform

FY17's significant investment in technology infrastructure provided the foundation for IDP to build the world's leading global platform and connected community for international students. A global roll-out of a human capital management system is supporting staff capability-building, and unlocking and fostering talent within global teams.

Discover (Hotcourses and IDP)

Convert (IDP)

Support (IDP)

JOB

The Hotcourses Group becomes an IDP company

The acquisition of the Hotcourses Group, one of the world's leading digital student engagement businesses, increased IDP's digital marketing capabilities and access to customer insights.

The initiative also supports IDP's goal of creating the world's definitive international student database.

Cementing IELTS market leadership

In FY17, the number of organisations recognising International English Language Testing System (IELTS) results reached 10,000, confirming the test's position as the world's most trusted high-stakes English language test for education and migration purposes.

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