Embark Early Education

What does Embark Early Education own?
It owns and operates 39 early childhood centres in Australia under the Embark brand and retained local centre names.

Is Embark publicly traded?
Yes. It trades on the Australian Securities Exchange under the ticker EVO.

Who founded Embark?
The company was formed in 2014 as Evolve Education Group by merging Lollipops Educare and PORSE Networks in New Zealand. It became Embark Early Education after exiting New Zealand in 2022.

Where is Embark headquartered?
Embark is headquartered in Melbourne, Victoria, Australia.

How many brands does Embark operate?
It operates primarily under the Embark Early Education brand, retaining acquired local names at some centres.

Who owns Embark Early Education?
It is a public company owned by its shareholders, with no controlling owner. Shares trade on the ASX under the ticker EVO.

The corporate history begins in 2014 with the formation of Evolve Education Group through the private equity-backed merger of Lollipops Educare and PORSE Networks in New Zealand. Evolve listed on the NZX in December 2014 and expanded to more than 100 centres plus the PORSE home-based network, while also building a smaller Australian presence through acquisitions.

The listed years disappointed. Earnings undershot IPO expectations, the share price declined sharply, and the group restructured through the late 2010s. A strategic review led to the October 2022 sale of the entire New Zealand business to private buyers, the delisting from the NZX, and the relisting of the remaining Australian operations on the ASX.

Renamed Embark Early Education, the company has since expanded its Australian network to 39 centres with 3,562 licensed places. FY2025 results showed revenue of approximately A$104.9 million and a workforce of about 1,100 staff, with management signaling continued acquisition growth.

As Evolve Education, the group attracted investor criticism over persistent share price underperformance before its 2022 NZ exit. As Embark, it operates under National Quality Framework regulation with periodic centre ratings. No material sanctions are on record as of November 2026.