G8 Education (ASX:GEM) said it expects a non-cash impairment of about AU$350 million in its full-year 2025 results, according to a Tuesday Australian bourse filing.
The non-cash impairment charge will not affect G8 Education's guidance for lease-adjusted earnings before interest and tax of AU$91 million to AU$98 million, the filing added.
The company said that the anticipated impairment is based on an assessment of projected future occupancy as of Feb. 9, current and expected supply and demand conditions, future fee increases, and cost-of-living impacts, among other factors.
The company said that as a result, no final dividend will be paid in respect of the year ended Dec. 31, 2025. The board has also determined to pause the on-market share buyback disclosed Aug. 26, 2025, until there is greater clarity around occupancy and sector conditions.