Slide 1: AI-Powered SaaS Platform for Lifelong Learning
AI-POWERED SaaS For personal use only PLATFORM FOR LIFELONG LEARNING 24th April 2023 Market Update Quarter ending 31st March 2023 (Q1 2023)
Slide 2: Leveraging Volume & Scale in Education
LEVERAGING VOLUME & SCALE IN EDUCATION For personal use only Q1 2023 HIGHLIGHTS Q1 2023 REVIEW $1.79m $7,948 SaaS ARR increased 19% YoY to $1.79m Annualised Recurring Average SaaS ARR SaaS Revenue1 Per customer Average SaaS ARR per customer increased 36% to $7,948 225 3.4m Net operating cash outflow
Slide 3: SaaS ARR Grows Strongly
SaaS ARR GROWS STRONGLY For personal use only SaaS ARR (AUD, $million) 1.788 SaaS ARR grew strongly 19% YoY to reach 1.715 $1.788m in Q1 2023 1.687 CAGR 19% since Q1 2020 1.597 Average revenue per customer increased strongly to $7,948. 1.501 Usage based pricing model resulted in price increases for
Slide 4: Global Expansion
For personal use only GLOBAL EXPANSION Entry to the burgeoning Indian Education Market is underway
Slide 5: Global Expansion: Malaysia and India
GLOBAL EXPANSION For personal use only MALAYSIA INDIA $0.483m Q1 2023 SaaS ARR Distribution and SaaS Reseller Agreement has been signed with Education Centre Australia 88 SaaS customers (ECA) to launch OpenLearning India 20% of universities in Malaysia use OLL’s SaaS Platform and a marketplace of sh
Slide 6: India Focus
INDIA FOCUS For personal use only India has one of the world's largest higher education sectors with 1,043 universities, 42,343 colleges, and 11,779 stand-alone institutions. 1 College-age population, projected to reach 126 million by 2026. The government aims to increase India's higher education en
Slide 7: AI: A Paradigm Shift
For personal use only AI A paradigm Shift Generative AI tools will be integrated into the OpenLearning Platform. AI is a Game Changer for Education Providers
Slide 8: AI: A Game Changer
AI For personal use only A GAME CHANGER The Company is on track to launch its first suite of AI- powered features within its Platform in Q2 2023 The Platform leverages Microsoft Azure’s OpenAI GPT API AI is a paradigm shift for education providers that utilise OpenLearning. Once fully developed, it
Slide 9: Cash Flow
For personal use only CASH FLOW
Slide 10: Improved Net Operating Cash Outflows
IMPROVED NET OPERATING CASH OUTFLOWS For personal use only Growth in Annual Plan Subscriptions In Q1 FY23, cash receipts from customers totalled $1.077 million. While total cash receipts fell 21% YoY, cash receipts from the Platform SaaS business grew by 39% YoY, driven by more customers subscribing
Slide 11: Authorised by / Investor Relations
For personal use only Authorised by: Adam Brimo Managing Director & CEO Investor Relations Matthew Reede https://solutions.openlearning.com Dominion Partners Matt@dominion.partners
Slide 12: Disclaimer
DISCLAIMER This presentation has been prepared by OpenLearning Limited (The Company). It does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Company. You should not treat the contents of this presentation, or any