EDU looks promising, give me a reason not to buy

Discovered EDU on the ASX.

Metric	Value
Market Cap	A$ 109.86M
Industry	Education & Training Services
EBITDA	A$ 22.18M
Profit Margin	17.95%
P/E Ratio	9.83
Book Value Per Share	0.16
Earnings Per Share (EPS)	0.09
Price to Book (MRQ)	4.88
Price to Sales (TTM)	1.33
Dividend Yield	4.49%

(AI used for formatting only)

Looking at the price chart they were up around $130 but have tumbled to ~80c. That seems due to huge share dilution. However they're now starting to make revenue and Profit since 2020 (even through COVID)

Revenue is in light orange and profit is in gray

Looked up some reviews and they all seem pretty positive for the business itself. Catering to international students with courses focused on real jobs

Tell me why I shouldn't buy this.