RedHill Education Limited announced earnings guidance for half year ending June 30, 2014 and fiscal year 2014. For the half year period ending June 30, 2014, the company expected to report revenue of approximately $9.7 million and EBITDA of approximately $1.1 million.

For fiscal year 2014, these second-half results are achieved, full year revenue should be approximately $18.6 million and EBITDA should be approximately $2.0 million. It is expected that applying unused tax losses will result in no tax being payable on the reported fiscal year 2014 net profit except in relation to foreign branch income.