Openlearning Ltd. · ASX:OLL
Openlearning — Investor Presentation (November 2024)
20 slides from Openlearning's investor presentation, Nov 4, 2024
Slide 1: AI powered SaaS platform for lifelong learning
For personal use only AI powered SAAS platform for lifelong learning Investor Presentation November 2024 1
Slide 2: OpenLearning next generation learning management system
OpenLearning Online Qualifications Short Courses For personal use only Blended Flipped Learning Classroom Learning Training & Management Onboarding OpenLearning is a next generation learning management system (LMS) for higher education providers. Open & Distance Micro- Learning Credentials Built wit
Slide 3: Corporate Snapshot
Corporate ASX: OLL 423m $2.24m Snapshot ASX Ticker Shares on Issue Platform SaaS For personal use only Code ARR – end Q3 19% YoY Cutting-edge LMS with new add-on products Flagship LMS growing globally, and new add-on products recently launched, including CourseMagic, Best Network and The Uni Guide a
Slide 4: Evolution of our global platform business
Evolution of our global platform business For personal use only 5+ million 237 3.7 million 165 Enrolments Active education providers Learners Countries Core features completed to enter the global Reached Became Technology Learning Management 1 million unique partner for the BEST system market learne
Slide 5: Education providers face a growing list of challenges
Education providers face a growing list of challenges For personal use only 1 Changing Economy & Skills Needs 5 High Course Design Costs Rapid industry changes require constant Creating and delivering quality courses curriculum updates, adding cost and is expensive, especially with new tech complexi
Slide 6: Our focus is on learner discovery and learning delivery
Our focus is on learner discovery and learning delivery For personal use only OpenLearning operates in the Learner Discovery and Learning Delivery segments of the Edtech market. Our vision is to expand and/or partner with businesses in new segments to connect education to employment. Learner Discove
Slide 7: Our lifelong learning ecosystem
Our lifelong learning ecosystem For personal use only A complete solution for education providers to increase educational quality, improve learning outcomes and deliver impactful programs. Attract more learners, Next generation Portfolio for every Digital credentialing increase brand AI-powered LMS
Slide 8: Our product suite
Our product suite For personal use only AI-powered LMS, providing a turn-key solution for institutions to deliver online and blended education that serves as the central integration point for a range of other tools alongside a global course marketplace. Key use-cases: short courses, micro-credential
Slide 9: Our key differentiators from traditional LMSs
Our key differentiators from traditional LMSs For personal use only Traditional LMSs are entrenched, and institutions typically only switch platforms every 5 to 10 years. As most of these LMSs have been in use for over 10 years, institutions are looking for the next innovative platform to set them a
Slide 10: Our partners
Our partners For personal use only Universities and Higher Education Providers OpenLearning partners with top universities and institutions globally, delivering a dynamic platform for creating, delivering and managing engaging online and face-to-face courses while expanding their reach to diverse st
Slide 11: Expanding our regional footprint through partners
Expanding our regional footprint through partners For personal use only Our Core Business in Expansion to India Australia & Malaysia and the Philippines OpenLearning started in 2012 in We have made initial steps in Australia and expanded into India and partnered with Gujarat Malaysia in 2015 and now
Slide 12: Consecutive quarters of SaaS revenue growth
12 consecutive quarters of SaaS revenue growth For personal use only 2.3 The business has demonstrated a reliable growth 2.24 engine averaging >15% year on year over the last 2.2 2.17 2 years and with 12 consecutive quarters of SaaS ARR growth. 2.11 2.1 In Q3 24 SaaS platform revenue was up 19% YoY
Slide 13: Revenue opportunity is $260 million based on current usage-based SaaS pricing
Revenue opportunity is $260 million based on current usage-based SaaS pricing For personal use only $220 million $30 million $10 million Universities and other Higher Education Technical and vocational Industry Associations & training training providers $23m $5m Australia $1m $20m $9m Malaysia $12m
Slide 14: Financial Summary
Financial Summary For personal use only SaaS Revenue by Country (FY24) Group Revenue ($m) 5 4 3 2.07 0.45 7% 2 1.52 0.76 1 1.64 1.85 1.6 1.43 1.13 Malaysia - (1) FY20 FY21 FY22 FY23 FY24 YTD 28% (2) (2.100) Australia (3) (3.830) 65% (4) (5) (5.660) (5.590) (6) (6.750) (7) Australia Malaysia Other Sa
Slide 15: Our growth plan
Our growth plan For personal use only Large contract wins Deeper geographic penetration OpenLearning has expanded the functionality of its platform. It can now We have a strong presence and market compete in the LMS market for larger share in Australia and Malaysia. We plan contracts. deeper penetra
Slide 16: Peer Comparison
Peer Comparison For personal use only Valuations of publicly listed learning management system providers are substantially lower than just a few years ago and trade at a discount to typical B2B SaaS companies. For example, Thinkific was trading at a 27x revenue multiple in 2021. Company Category Rev
Slide 17: Corporate Activity
Corporate Activity For personal use only Canvas (Instructure Holdings) acquired by KKR, for Whatfix, a provider of digital adoption platforms, $23.60 per share in an all-cash transaction valued at secures $125 million in a Series E funding approximately $USD4.8 billion1 round to enhance its product
Slide 18: Our executive team and directors
Our executive team and directors For personal use only Spiro Pappas Rupesh Singh Adam Brimo Matthew Reede David Collien Non-Executive Chairman Non-Executive Director Managing Director & Non-Executive Director Chief Technology Officer Group CEO David holds Bachelor of Spiro is the former executive Ru
Slide 19: Leading Innovation in Education Technology
Leading Innovation in Education Technology For personal use only “ Since its inception in 2012 our company has built a best of breed AI-powered learning platform with an embedded AI Assistant. We now compete on the global stage and partner with some of the region’s largest universities and education
Slide 20: Investor Relations
For personal use only Authorised by Adam Brimo Managing Director & CEO Investor Relations Matthew Reede Dominion Partners +61 414 483 054 investors.openlearning.com matt@dominion.partners 20