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OpenLearning Limited (ASX:OLL)

ALERT: Price-sensitive ASX Announcement for OLL
Current share price for OLL : $0.019 0.002 (11.76%)+
Announcement
Release
13 Jul 2026 8:32AM
Price at Release
$0.017
Full Release
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Summary
OpenLearning Limited has secured a 4-year SaaS agreement with Holy Cross of Davao College (HCDC) in the Philippines, valued at approximately A$300,000. This deal was facilitated through their Philippine reseller, CE-Logic Inc. The agreement highlights OpenLearning's AI capabilities and support for outcomes-based education, aimed at enhancing employability through their platform's tools. This strategic agreement further validates OpenLearning's growing influence in the Philippines, along with other recent partnerships with several educational institutions in the region. The agreement is not deemed financially material but is strategically important for future expansion and institutional sales within the country.
Key Points
  • 4-year SaaS agreement with Holy Cross of Davao College
  • Minimum contract value of A$300,000
  • Selected for AI capabilities and outcomes-based education support
  • Partnership facilitated through CE-Logic Inc.
  • Strategically significant despite not being financially material
  • Expands OpenLearning's footprint in the Philippines
  • Recent agreements with other Philippine educational institutions
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.