iPeople’s Revenue Machine Is Humming. The Stock Market Still Wants Something Bigger from the Yuchengcos, Ayalas
iPeople Inc. delivered the kind of 2025 numbers most Philippine education companies would envy: revenue climbed 16.7% to about ₱6.22 billion, powered by higher enrollment, new programs and a broader push into digital learning. Yet for all the operational progress, the market’s next question is becoming harder to ignore: What comes after steady execution? The education holding company behind Mapúa University, National Teachers College and University of Nueva Caceres has spent the past few years proving that scale in Philippine private education can still produce growth. In 2025, the formula was straightforward but effective: more students, more programs and more ways to deliver instruction. iPeople said average enrollment reached 84,088 students, up 12.15% from a year earlier, while management tied revenue growth to higher enrollment, the earlier start of classes at some schools and the rollout of new business and health sciences offerings linked to Mapúa’s collaboration with Ariz...