Operating profits rise at country’s most expensive school

operating-profits-rise-at-country’s-most-expensive-school

Operating profits at the firm which operates the country’s most expensive private fee paying day school last year almost doubled to €918,513.

The top annual fees for students attending Nord Anglia International School (NAIS) at Leopardstown in south Dublin have risen to €25,296 in the past year.

New accounts for Nord Anglia Education (Ireland) Ltd show that operating profits increased by 84% from €498,740 to €918,513 in the 12 months to the end of August last.

The directors state that during the year “the school continued to focus on growth and providing a premium education across all age groups”.

The school increased its operating profits after revenues rose by 13% from €11.38m to €12.85m after an increase in fees.

The school did record a pre-tax loss of €1.32m through interest payments of €2.24m that were made up of €679,600 in interest payments to group undertakings and €1.56m in “lease liabilities”.

The pre-tax loss of €1.32m was a marginal increase on the pre-tax loss of €1.28m for fiscal 2024.

Since opening in 2018 school numbers have increased steadily with the school having 628 students at the end of June 2025 last – an increase of 48 on the 580 students one year prior.

A spokeswoman for the school said today: “Our school’s success reflects the strong demand for high‑quality international education in Ireland, which is growing amongst local families in Dublin and the surrounding areas. We teach students from 65 nationalities, one of the largest being Irish”.

“Given this strong demand we expect to see student numbers continue to grow. We start construction on a 250-seat theatre later this year which further strengthens our collaboration with The Juilliard School. In addition, we will also build additional sports facilities which further strengthen our sports and wellbeing collaboration with the IMG Academy,” she added.

She said that the pre‑tax position “reflects interest on the long‑term investment in the school’s campus and facilities, which were planned”.

The school teaches the International Baccalaureate Diploma Programme (IBDP) for students aged from three to 18 and the directors state that “the company expects to grow significantly over the coming years”.

The loss last year also takes account of non-cash depreciation costs of €2m.

Numbers employed increased from 133 to 137 that comprised 108 teachers, 25 in administration and four directors.

Staff costs decreased slightly from €6.25m to €6.23m.

The company’s income is made up of €12.18m in gross tuition fees, €160,221in enrolment fees and €504,685 in other income.

Annual fees for students attending secondary school classes, Grade Six to Grade 12 classes range from €23,131to €25,296.

The school offers a 5% sibling discount for families who enrol more than one child at NAIS Dublin.

At the end of August last, the company had a shareholders’ deficit of €23.2m that included accumulated losses of €24.3m offset by contributed capital of €1.1m.

Cash funds decreased from €3.2m to €1.06m.

The company had net liabilities of €23.2m and Nord Anglia Education Ltd has confirmed that it will not seek repayments of those monies until the Dublin based company had sufficient funds available to repay those amounts.

Reporting by Gordon Deegan

Leave a Reply