Stadio Holdings

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Stadio Holdings
Company type Public holding company
JSE: SDO
ISIN ZAE000248662
Industry Education
Founded2017;8 years ago (2017)
Headquarters Cape Town, South Africa
Key people
Divya Singh (Chief Academic Officer)
Thabane Vincent Maphai (Chairperson)
Christian Phillipus David Vorster(CEO) [1]
Services Tertiary education
RevenueIncrease2.svg R1.61 billion (2024) [2]
Increase2.svg R382 million (2024) [2]
Increase2.svg R275 million (2024) [2]
Total assets Increase2.svg R2.38 billion (2024) [2]
Total equity Increase2.svg R2.02 billion (2024) [2]
Number of employees
1,219 (2024) [3]
Subsidiaries Stadio Higher Education (100%)
AFDA (100%)
Milpark (83.9%) [3]
Website stadio.co.za

Stadio Holdings (stylized in caps) is a South African private tertiary education holding company, [4] operating campuses across its three educational institutions. Originally part of Curro Holdings, the company was incorporated in 2017, and is headquartered in Cape Town.

Contents

The group is one of South Africa's 100 largest companies by market capitalization. [5]

History

Stadio was originally a subsidiary of private education group Curro Holdings, which was founded in 1998. [6]

In 2013, Curro unbundled Stadio, to allow the latter to focus on tertiary education. [6] Following this, Stadio listed on the JSE Limited on 3 October 2017. [7]

In 2017, Stadio acquired a 100% shareholding in South African fashion design institution Lisof. [8]

In 2019, Stadio announced its intention to acquire or launch its own IT and medical training facilities in South Africa. [9]

In 2024, Stadio began construction on a new campus in Durbanville, Cape Town. The R370 million investment will comprise 13,000 sqm of buildings, and is set to accommodate up to 5,000 students from the 2026 academic year. [10] [11]

Operations

Stadio operates three educational institutions, STADIO Higher Education, AFDA, and Milpark, with the former being the largest. [6]

As of 2024, across all three institutions, Stadio provides just over 50,000 students across 16 campuses with 90 programs. These are at higher certificate, diploma and degree levels, including honors, masters, and doctoral qualifications. [6]

Campuses

Stadio's campuses include: [3]

Graduates

For the 2024 academic year, Stadio Higher Education had 5,739 graduates (5,246 undergrad and 493 postgrad), Milpark had 2,378 (1,384 undergrad and 994 postgrad), and AFDA had 962 (830 undergrad and 132 postgrad). Thus, total figures for Stadio Holdings for the academic year were 9,079 graduates (7,460 undergrad and 1,619 postgrad). [3]

References

  1. "Stadio - Board of Directors". Stadio. Retrieved 30 October 2025.
  2. 1 2 3 4 5 "Group 2024 Financial Statements" (PDF). Stadio. 2024. Retrieved 30 October 2025.
  3. 1 2 3 4 "2024 Integrated Annual Report" (PDF). Stadio. Retrieved 30 October 2025.
  4. Nick Wilson (28 August 2025). "Higher education group STADIO sees interim profit rise by more than a quarter as tertiary demand heats up". news24. Retrieved 30 October 2025.
  5. "Largest South African companies by market capitalization". CompaniesMarketcap. Retrieved 30 October 2025.
  6. 1 2 3 4 "Stadio - Overview". Stadio. Retrieved 30 October 2025.
  7. Bloomberg (23 October 2017). "Spinoffs drive new listings on the JSE". BusinessTech. Retrieved 30 October 2025.
  8. "Lisof joins Stadio stable". Bizcommunity.com. 27 October 2017. Retrieved 30 October 2025.
  9. Bloomberg (15 February 2019). "Stadio plans new medical school for South Africa". BusinessTech. Retrieved 30 October 2025.
  10. Esmé Erasmus (13 November 2024). "Durbanville campus begins construction, offering 4 000+ student spaces". Tyger Burger. Retrieved 30 October 2025.
  11. William Brederode (26 October 2025). "Inside STADIO's new R370m campus in Durbanville". news24. Retrieved 30 October 2025.