Slide 1: Quarterly Presentation Q3 2025
For personal use only AI powered SAAS platform for lifelong learning Quarterly Presentation Q3 2025 27th October 2025 1
Slide 2: 27% SaaS Growth in a Record Quarter
27% SaaS Growth in a Record Quarter For personal use only 15 Consecutive Quarters of SaaS Growth >10% $2.83m >$11,000 Platform SaaS annual recurring revenue (ARR) grew 27% YoY to $2.83m. Platform SaaS B2B SaaS ARPC The business has now delivered over 15 consecutive quarters of ARR – end Q3 – end Q3
Slide 3: Cash Receipts Up Strongly
Cash Receipts Up Strongly For personal use only Cash Receipts Up 135% $0.61m $1.32m Following ongoing sales growth and low customer turnover, cash receipts grew Cash Receipts Net Cash 135% to $1.32m for the quarter vs pcp. Outflows from Customers 30% vs pcp 135% vs pcp Net Cash Outflows Down 30% As
Slide 4: 27% SaaS Growth and Accelerating
For personal use only 27% SaaS Growth and Accelerating 2.9 • SaaS ARR grew 27% YoY in Q3, accelerating from 22% in Q2. • Licence deals are now being completed 2.7 over 3 to 5 year periods for institutions with student cohorts of up to 100,000 students. 2.5 • We have also made progress in the enterpr
Slide 5: >$2.7m in new SaaS Total Contract Value (TCV)
>$2.7m in new SaaS Total Contract Value (TCV) Significant acceleration in sales traction since May For personal use only OpenLearning is gaining recognition as a faster, more cost-effective, AI-driven LMS that supports both online New SaaS Deals TCV 2025 and on-campus education. 800 Total contract v
Slide 6: Emerging Markets Sweet Spot
Emerging Markets Sweet Spot For personal use only OpenLearning has a proven ability to penetrate emerging markets, where scalability, cost- effectiveness and new technology are key. Over time, institutions across all countries are expected to increase their budgets and migrate from on-premises syste
Slide 7: Philippines Expansion Gains Strength
Philippines Expansion Gains Strength For personal use only University of the Philippines Manila Signed a licence agreement for a minimum of 10,000 students. UP Manila is the country’s top ranked university and part of the national University of the Philippines system, which serves more than 60,000 s
Slide 8: Traction in Large Emerging Markets
Traction in Large Emerging Markets For personal use only Brazil India Brazil has a large private higher education sector with 2,283 Gujarat University, one of India’s largest and oldest public private institutions out of a total of 2,595 higher education universities with over 200,000 students, will
Slide 9: Making Inroads in New Markets
Making Inroads in New Markets For personal use only United Arab Emirates OpenLearning signed its first SaaS contract in the UAE with Contango, a subsidiary of ADQ, a sovereign wealth fund of the Abu Dhabi Government. Contango will utilise OpenLearning to launch its corporate academy with the aim of
Slide 10: CEO Comment and Investor Relations Contact
"In the September quarter, we achieved several key For personal use only milestones that strengthened our position in the market. Our SaaS platform experienced a 27% year-on- year increase in ARR, and we have a strong sales pipeline in multiple markets. Authorised by Adam Brimo Following our success