Slide 1: Quarterly Presentation Q2 2025
For personal use only AI powered SaaS platform for lifelong learning Quarterly Presentation Q2 2025 Period ending: 30th June 2025 Released: 29th July 2025 1
Slide 2: A Record Quarter for SaaS Licence Sales
A Record Quarter for SaaS Licence Sales For personal use only Over $1.6m in SaaS Contracts Signed in Q2 The company has demonstrated the capability to close multi year SaaS licence $2.65m $10,000 contracts exceeding $500,000 in value. Platform SaaS B2B SaaS ARPC ARR – end Q2 – end Q2 LMS Strategy Dr
Slide 3: Significant Progress Toward Break Even
Significant Progress Toward Break Even For personal use only Cash Receipts Grow 26% Following ongoing sales growth and low customer turnover, cash receipts grew 26% $0.447m $1.31m to $1.31m for the quarter. Net Cash Cash Receipts Outflows from Customers Net Cash Outflows Fall 48% 48% YoY 26% YoY As
Slide 4: OpenLearning Gains Momentum as an LMS
For personal use only OpenLearning Gains Momentum as an LMS SaaS ARR growth accelerated 22% YoY in Q2. 2.7 The business has now delivered 14 consecutive 2.6 quarters of SaaS ARR growth >15%. 2.5 Our software is finding traction as a full cloud based learning management system that is 2.4 being deplo
Slide 5: Global Expansion
Global Expansion For personal use only We continued to expand our university partnerships adding 15 new B2B customers in Q2. New licence agreements were signed in Malaysia, Philippines, Australia and the USA. Malaysia Saito University College Universiti Poly-Tech Malaysia Philippines National Univer
Slide 6: Successful Expansion into the Philippines
Successful Expansion into the Philippines For personal use only National University Our landmark agreement with National University (NU) covers an initial 40,000 students, with plans to scale student numbers further in 2026. NU operates 14 campuses across the Philippines, serving a total of 85,000 s
Slide 7: The Uni Guide Agency Model Ready to Launch
The Uni Guide Agency Model Ready to Launch For personal use only The Uni Guide is an education portal that attracts over 800,000 students and features more than 1,000 courses and degrees from 70 education institutions. In Q3 we will introduce a new international student recruitment model within The
Slide 8: Execution of Our Growth Plan
For personal use only Execution of Our Growth Plan Larger SaaS Contracts Philippines Expansion Our focus is on securing larger LMS We have made a great start in the contracts and growing average ARR per Philippines signing 3 foundation client, which surpassed $10,000 in Q2. customers in Q2. We annou
Slide 9: Peers in LMS Market Trade at High Multiples
Peers in LMS Market Trade at High Multiples For personal use only Valuations of publicly listed SaaS education technology providers trade in a wide range and at high profit multiples even though most of them exhibit lower growth rates. Company Category Revenue Revenue Growth EBITDA Market Cap P/E Th
Slide 10: CEO Comment
“The June quarter marks a pivotal moment of strategic For personal use only progress for OpenLearning. Our SaaS platform achieved a 22% year on year increase in ARR, but more importantly, the quality and structure of this revenue offer strong forward confidence. Authorised by We are now firmly posit