Crizac Stock Drops 52% Despite Rising Market Share

Crizac Stock, a B2B education platform, has seen its shares fall by over 52% from its 52-week high. Despite this decline, the company is expanding into new markets through acquisitions and reporting rising market share in its largest destination market.

The quarterly numbers for Crizac show a soft start to the year, but management attributes this to unfavorable university mix rather than reduced activity on the platform. Revenue fell 4% YoY to ₹201.2 crore, while EBITDA margins decreased by 1.2% from last year but increased by 5.8% from Q1 due to positive remuneration economics.

The company has been aggressively pursuing a strategy of acquisitions to move beyond its core UK market and offer more ancillary services. In June, Crizac invested in ForeignAdmits, an AI-powered platform for education financing and visa preparation, and bought out 100% of Inova Consultancy in July.