Slide 1: AI-Powered SaaS Platform for Lifelong Learning: Market Update Q1 2024
For personal use only AI-POWERED SAAS PLATFORM FOR LIFELONG LEARNING Market Update Q1 2024 29th April 2024
Slide 2: High Growth from a Significantly Lower Cost Base
High Growth from a Significantly Lower Cost Base For personal use only Q1 Financial Highlights $2.12m 18% $9,287 17% • Platform SaaS growth accelerates to 18% and exceeds $2m. Platform SaaS ARR Average ARR per customer • Average ARR per customer continues to climb to $9,287 per customer as Gen-AI fe
Slide 3: 10 Consecutive Quarters of SaaS ARR Growth
10 Consecutive Quarters of SaaS ARR Growth For personal use only SaaS ARR (AUD $million) 2.117 • The business again demonstrates its ability to deliver consistent high 1.880 1.903 subscription growth from its core 1.840 learning platform. 1.788 1.715 • SaaS ARR exceeds $2m for the 1st 1.687 time. 1.
Slide 4: Initiatives: Market Expansion in India and Student Acquisition
Growth Initiatives For personal use only Market Expansion in India Gujarat University will utilise OpenLearning’s platform to deliver at least 9 compulsory short courses aligned to the National Education Policy for up to 60,000 students as they complete their normal studies. This is our first deal w
Slide 5: Initiatives: Platform SaaS, Content Licensing and AI Adoption
Growth Initiatives For personal use only Growth in Platform SaaS and Content Licensing Australian Pacific International College signs a $1 million platform and content license agreement for Artificial Intelligence units in their Master of Information Technology over a three-year term. The Company is
Slide 6: Strategy
Growth Strategy For personal use only Deeper Geographic Penetration • Our Indian market expansion continues with our partner ECA. The Gujarat university trial demonstrates the scalability of our platform our progress in India. Growth of Average Client Value • Our average annual customer value contin
Slide 7: Authorised by / Investor Relations
For personal use only Authorised by: Adam Brimo Managing Director & CEO Investor Relations Matthew Reede Dominion Partners solutions.openlearning.com +61 414 483 054 matt@dominion.partners