Companies / EVO

EMBARK EARLY EDUCATION LIMITED

ASX:EVOConsumer Services
203.7M shares on issueASX (delayed) · snapshot 28 Oct 2026203.7M fully diluted+0.0% if every option and right converts$0.38price · delayed$76.4MMarket capAt the previous close. On a day the price moves, shares × today’s price will differ. Prices delayed.
Low
Dilution risk

2 cash raises in 24 months; share count grew 11% in 24 months

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwaycash-generative (no net burn)
Share-count growth (24m)11.0%
Raise cadence (24m)2 cash raises
Options & rights overhang0.0% of shares
In-the-money supply0.0% of shares
Pending proposed issuesnone

EMBARK EARLY EDUCATION LIMITED's ordinary share count grew 11.0% between October 2024 and March 2026, its latest share-count filing, to 204M shares. The company raised capital twice in the 24-month window for total disclosed proceeds of A$16.0M, most recently a A$4.0M placement in August 2026. No options or rights data is on record. The latest cash report (a half-year/annual report) shows non-negative net cash flow, so no funding-runway estimate applies. No proposed securities issues are currently pending.

AI-generated summary of this page's cited filings · updated 17 Oct 2026
Quick answers · 3

When did EVO last raise capital?

The last capital raise in Embark Early Education's filings is Placement of $4.0M announced 4 Aug 2026, one of 2 cash raises in 24 months.

How much placement capacity does EVO have left?

About 94% of the 15% placement capacity left, about 6% used in 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.

How much has EVO's share count grown?

Embark Early Education has 203.7M shares on issue as at 28 Oct 2026, up 11.0% over 24 months according to its Appendix 2A filings.

Get told when this changes
Get EVO alerts
Free for up to 2 companies. A daily email when EVO raises money, files a new share issue, drops below 2 quarters of cash or moves risk level.
0.0%
Options & rights overhang
0.0%
In the moneyAn option whose exercise price is below the last closing share price, so converting it pays. These are the options most likely to become new shares soon. supply
2
Raises · last 12 months
No net burn
Cash cover · cash-generative

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 203.7M per ASX (delayed) (snapshot 28 Oct 2026).
185M190M195M200M205MDec 24Nov 25Oct 26Cash raise · 4 Aug 2026Cash raise · 15 Dec 2025203.7M

Cash runway

—
The latest half-year report shows no net cash burn, so there is no cash-out date.
$6.3M cash after burn · operating cash flow only.
FILED $6.3M cash · half-year ended 30 June 2026
OURS our estimate, carried to todayOURSOur estimate for today. We take the cash in the company’s latest cash report, deduct spending since at its reported rate, and, for quarterly filers, add raises announced after it. It moves daily; announced money may not all be received yet.$6.3M cash at 30 Jun 2026 = $6.3M left (no net burn, so nothing is deducted)FILED as the company reportedFILEDAs the company stated it in its latest cash report. Dated to the end of that period, it does not change until the next report.
Free account
1 cash report on record — Cash runway history
Cash, net spend and cover trend from every Appendix 4C/5B and 4D/4E on record up to 30 June 2026.
Free account: 2 full company unlocks every month, no card.
Unlock EVO freeSee plans

Issuance timeline

Latest 4 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityOn issue, per this filingSource
11 Mar 20262A · quoted issueEVO : ORDINARY FULLY PAID203.7MAppendix 2A
19 Dec 20252A · quoted issueEVO : ORDINARY FULLY PAID203.5MAppendix 2A
23 Oct 20243H · cancellationEVO : ORDINARY FULLY PAID183.5MAppendix 3H
22 Oct 20242A · quoted issueEVO : ORDINARY FULLY PAID183.5MAppendix 2A
Free account
4 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
Free account: 2 full company unlocks every month, no card.
Unlock EVO freeSee plans

Securities on issue over time

Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.

Free account
Securities on issue, by class
How the share count and each option and rights class moved, month by month, with every number in a table.
Free account: 2 full company unlocks every month, no card.
Unlock EVO freeSee plans

Capital raises

2 cash raises in the last 24 months · 2 in the last 12 months

every 7.6 monthsaverage gap between raises
2.8 monthssince the most recent
15 Dec 2025 – 4 Aug 2026first to most recent in this window
$4.0M
Placement
At 40.0c, 5.9% below the last close
4 Aug 2026 ACTIVE
Free account
3 raises on record — Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
Free account: 2 full company unlocks every month, no card.
Unlock EVO freeSee plans

Forward supply

Every dated event on record that could add securities to the register — option expiries to their stated dates and proposed issues over the next 18 months, on one timeline.

Free account
Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
Free account: 2 full company unlocks every month, no card.
Unlock EVO freeSee plans

Placement capacity

How much stock a company can place without asking holders. Listing Rule 7.1 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.

About 94% of the 15% placement capacity left — about 6% used by Appendix 3B filings in the last 12 months (estimate, as at 2026-10-28). The company has also placed under the additional 10% (Listing Rule 7.1A), which is not counted in this figure. Holders passed a ratification we could not match to exactly one filing, or whose number of shares the result does not state, and shares issued with holder approval are not added to the base, so the true headroom may be higher.
Free account
Placement capacity — LR 7.1 / 7.1A
The filings behind the figure: every Appendix 3B in the window with what it says was issued under 7.1 and 7.1A, each row linked to its filing, and how many shares are left.
Free account: 2 full company unlocks every month, no card.
Unlock EVO freeSee plans

Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

No options or rights over unissued shares on record.

Director dealings

No director dealing notices (Appendix 3Y) on record.
Free account
Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
Free account: 2 full company unlocks every month, no card.
Unlock EVO freeSee plans

Ownership

Free account
Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
Free account: 2 full company unlocks every month, no card.
Create free account

Latest announcements

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.