iCollege Limited is a leading training provider that is comprised of 11 core businesses that deliver accredited and non-accredited multi-sector education and training solutions, as well as operating student marketing and recruitment throughout Australia and internationally.

iCollege currently has

Giving skills to land a dream job

1. EXPANSIVE GEOGRAPHICAL FOOTPRINT

  • Adelaide, South Australia x 1 campus
  • Brisbane, Queensland x 2 campuses
  • Canberra, Australian Capital Territory x 1 campus Gold Coast, Queensland x 1 campus
  • Perth, Western Australia x 2 campuses
  • Sydney, New South Wales x 4 campuses
  • Melbourne x 1 campus

2. STATE GOVERNMENT FUNDING CONTRACTS

  • Celtic Training holds funding contracts in Queensland and South Australia
  • Sero Institute holds funding contracts in Queensland and Western Australia
  • Capital Training Institute holds funding contracts in Queensland, New South Wales and Australian Capital Territory

iCollege is the only ASX listed company to have subsidised training funding contracts across 5 states and territories

3. UNIQUE REVENUE STREAMS OF BOTH INTERNATIONAL AND DOMESTIC STUDENTS

  • Pre COVID-19 revenue equally split between international and domestic students
  • 4 campuses accredited to facilitate training for international students
  • Current CRICOS allocation of 1300 with 805 places filled
  • Diversified student cohort from over 43 countries with students from China representing less than 5% of our student base
  • With border closures currently in place, ICT had the capability to swiftly pivot to a greater focus on domestic student enrollments
  • Post July 2020, revenue is now split approximately 70% on domestic student market and 30% on international student market
  • Significant network of 150+ international student recruitment agents – both in Australia and overseas

4. NICHE MARKET OPERATIONS

  • Sero Institute operates a corrections division delivering training inside 5 of the 11 Correctional facilities in Queensland
  • The Hacking School addresses the skills shortage in IT professionals by delivering up to the minute training through boot camp style intensive training
  • The Hacking School has begun the rollout of “coding for kids” under The Coding Factory banner in Australia and India
  • Both Australia and India are highly scalable markets
  • Sero Institute is one of the only RTOs that is accredited to deliver the Diploma and Advanced Diploma of Applied Blockchain to students in Australia
  • iCollege has a preferred partnership agreement with Cambridge Assessment English (CAE) to market and distribute the Linguaskill English test in Australia

our CEO

Glenn Elith

Glenn Elith

CEO
Glenn began his professional career in the audit division of Coopers and Lybrand (now PricewaterhouseCoopers), where he obtained his chartered accounting qualifications. He then worked for a number of organisations where he developed core competencies in leading business growth and transformation initiatives.

Glenn has built his broad commercial and strategic perspective across multiple business sectors including manufacturing, consumer goods, hospitality, retail and services. He has worked at large organisations including Lion Nathan (now Lion Co) and George Weston Foods, and at smaller entrepreneurial businesses including specialty retailer Macro Wholefoods Market (now owned by Woolworths Limited)

Glenn joined RedHill Education in 2012 and spent 9 years as CEO bringing about positive changes across operations, profitability and investor confidence. After iCollege acquired RedHill in 2021, Glenn took on the position of CEO of the merged company. He is looking forward to taking iCollege to new heights.

our board

Simon Tolhurst

Chairman
Simon Tolhurst is a Partner in HWL Ebsworth’s Litigation Team and has over 20 years’ experience in commercial dispute resolution matters.

Badri Gosavi

Executive Director
Badri has dual qualifications in finance and accounting from Edith Cowan University in Perth.

Ash Katta

Non-Executive Director
Ash has enjoyed a successful business career building a variety of businesses in various sectors including retail, IT and education. Mr Katta is passionate about education business and has successfully built and run his own education businesses.

William Dean

William is a founder and Director of Exto Partners Pty Ltd, a Sydney-based investment. William is a director of several of Exto Partners’ investee companies and is experienced at building high growth companies. As a lawyer he focussed on equity capital markets and mergers and acquisitions.

Sandra Hook

Sandra has 25+ years’ experience developing and implementing commercially successful business and brand strategies, driving growth and leading change. Since 2000 she has served as a non-executive director on listed, public and private companies, and government bodies.

Lisa Jones

Lisa is an experienced corporate lawyer, corporate affairs adviser and company secretary with particular experience working with emerging and high growth companies in the biotech, media & technology and oil & gas sectors.

our strategy

“iCollege is positioned to become one of Australia’s leading educators.”

Our strategy is to deliver great student experiences and education outcomes throughout our vocational education and training businesses located in Singapore and Australia. We will achieve this by consistently delivering relevant, practical and flexible training programs targeted at over domestic and international students seeking employment in priority occupations throughout Australia where skilled workers are in high demand. Each education provider will be fully integrated into our existing corporate structure and can utilise our 8 campuses located throughout Sydney, Brisbane, Gold Coast, Perth, Adelaide and Canberra

Our businesses specialise in a range of priority qualifications in occupational areas including construction, aged care, disability, hospitality, business, English language and health& fitness. Providing a strong base for revenue growth, the successful integration of these businesses will be our focus this year.

Our Students

iCollege currently delivers training to domestic students and overseas students in Australia.

Domestic Students

  • Domestic students are permanent residents or citizens of Australia and New Zealand passport holders, who are categorised into three groups:
    1. Job Seekers
    2. School Leavers
    3. Existing Workers
  • Domestic students studying within the iCollege group are either full fee paying students or have their fees partly paid under Government Assistance through a subsidy payment by their state government.
  • Each state government or territory has a skills or training department that creates an annual training list which identifies the various VET qualification subsidies available to domestic students.
  • In order for RTO’s to deliver subsidised accredited qualifications, they are required to apply for a funding agreement with their relevant state government.
  • The state governments usually require RTO’s to have experience in prior delivery of the qualification and/or to have delivered the qualification at a full fee in the relevant state for at least 6 months prior to application as well as a sound compliance history with the regulator.
  • iCollege currently holds state government funded contracts in Australian Capital Territory, New South Wales, Queensland, South Australia and Western Australia.

Overseas Students

  • RTO’s must be on (or register to be on) the Commonwealth Register of Institutions and Courses for Overseas Students (CRICOS) to teach overseas students on student visas in Australia.
  • CRICOS providers must meet all the requirements of the Education Services for Overseas Students (ESOS) framework at all times.
  • Sero Institute is the only CRICOS registered training provider under the iCollege group.
  • Sero Institute currently recruits over 90% of its overseas students from within Australia (On-shore International Students).
  • Sero Institute currently delivers training to over 800 overseas students out of its approved allocation of 1,300 places provided by ASQA.
  • Overseas students are full fee paying students and have to prepay any course fees either in full or by way of an agreed payment plan.

Corporate Governance

iCollege Corporate Governance Statement

This document details the board of directors, including their role and board composition, code of conduct, guidelines for trading in the company

Adopted on 30 September 2021.
Format: PDF

ICT Annual Report

iCollege Annual Report FY2021

This document details the annual financial reports, revenue breakdown, corporate directory and highlights for FY2021.

Adopted on 30 September 2021.
Format: PDF

2021 Corporate Governance Statement – ICT

ICT FY21 Appendix 04G fourth edition

Corporate governance plan FINAL – Adopted 2016

ICT Whistleblower policy

Announcement- Trading Policy

ICT continuous disclosure policy