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OpenLearning Limited (ASX:OLL)

ALERT: Price-sensitive ASX Announcement for OLL
Current share price for OLL : $0.014 -0.003 (-17.65%)+
Announcement
Release
31 Jul 2026 8:25AM
Price at Release
$0.017
Full Release
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Summary
OpenLearning Limited (OLL) reported its quarterly activities and Appendix 4C cash flow report for the quarter ending June 30, 2026. The company achieved record cash receipts from customers, amounting to $1.653 million, which is a 31% increase quarter-on-quarter and 27% year-on-year. The annual recurring revenue (ARR) from its platform SaaS reached a record $3.27 million, marking the eighteenth consecutive quarter of SaaS revenue growth. OpenLearning signed new SaaS agreements with institutions like Philippine Normal University and Holy Cross of Davao College, enhancing its presence in the Philippines. Additionally, the company launched 'The Uni Guide' and 'Employability Advantage' platforms, bolstering its AI-powered learning management system offerings. Despite a net operating cash outflow of $0.533 million, the company remains on track to achieve cash flow breakeven by 2027. The report highlights strong momentum in key markets such as Australia, Malaysia, and the Philippines, supported by strategic partnerships and product expansions.
Key Points
  • Record cash receipts of $1.653 million in Q2 FY26.
  • Annual recurring revenue of $3.27 million, sustaining 18 consecutive quarters of growth.
  • Significant SaaS agreements signed with institutions in the Philippines.
  • Launch of 'The Uni Guide' and 'Employability Advantage' platforms.
  • Net operating cash outflow of $0.533 million but on track for breakeven in 2027.
  • Strong market presence in Australia, Malaysia, and the Philippines.
  • Strategic focus on AI-powered LMS and expansion of institutional contracts.
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.